The correct option is D. Period costs are all costs not included in product costs.
Duration charges are costs that can not be capitalized on a company's stability sheet. In other words, they are expensed inside the period incurred and seem on the profits announcement. duration prices are also called length costs.
Length fees aren't assigned to 1 precise product or the fee of stock like product fees. consequently, period fees are indexed as a cost inside the accounting duration in which they passed off. manufacturing charges are commonly part of the variable fees of enterprise due to the fact the amount spent will vary in percentage to the amount produced. but, the costs of equipment and operational areas are probable to be fixed proportions of this, and these might also well appear beneath a set value heading or be recorded as depreciation on a separate accounting sheet.
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Complete Question:
period costs ______.
Multiple select questions.
A). are expensed in the period incurred flow through the inventory accounts.
B). All costs in a merchandising company are period costs
C). Period costs are expensed when occurred
D). include all costs that are not product costs
when the intellisense feature is on in management studio, a user can use the list generated by the query editor to insert sections of the sql statement.
in management studio, the query editor uses the intellisense feature to automatically display Completion list generated by the query editor to insert sections of the sql statement.
What is the function of IntelliSense?List Members, Parameter Info, Quick Info, and Complete Word are some of the functions offered by IntelliSense, a code-completion tool. With just a few keystrokes, you can add calls to properties and methods, keep track of the arguments you're typing, and learn more about the code you're using thanks to these capabilities.Utilized to reduce blue light while using a laptop, A: Its major purpose is to shield your eyes from the dangerous blue light that digital devices emit.While working in the code editor, IntelliSense offers an option to assist you in automatically implementing members of an abstract base class. In order to implement a member of an abstract base class, you often need to add a new method definition to your derived class for each of the base class's methods.Learn more about IntelliSense refer to :
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the following transactions occur for the wolfpack shoe company during the month of june: provide services to customers for $30,000 and receive cash. purchase office supplies on account for $20,000. pay $7,000 in salaries to employees for work performed during the month. 3. post the transactions to t-accounts. assume the opening balance in each of the accounts is zero.
Accounting begins with a look at transactions and how they affect assets, liabilities, equity, revenues, and expenses.
What are the details of transaction?1. Assets = $30,001 (increase) and Revenue = $30,001 (increase)
Liabilities = $20,000 (increase) and Assets = $20,000 (increase)
Liabilities = $7,000 and Assets = $7,000 (decrease)
2.
Cash $30,000 (debit)
$30,000 in service revenue (credit).
Paid in cash for services rendered.
$20,000 in office supplies (debit).
$20,000 in Accounts Payable (credit).
Credit card purchases of office supplies.
Salaries cost $7,000 (debit).
Cash $7,000 (credit) .
Paid Salaries
3.
The Cash Account
Debit:
Service Revenue of $30,000.
Credit:
Payable Salaries of $7,000.
The remaining c/d balance is $23,000.
Revenue Statement
Debit:
The remaining c/d balance is $30,000.
Credit:
Cash $30,000
Account for Office Supplies.
Debit:
$20,000 in Accounts Payable.
Credit:
The remaining c/d balance is $20,000.
Accounts Receivable Account.
Debit:
The remaining c/d balance is $20,000.
Credit:
20,000 dollars in office supplies.
Account for Salaries Expenses.
Debit:
Cash $7,000
Credit:
The remaining c/d balance is $7,000.
Accounting begins with an examination of transactions and their implications for assets, liabilities, equity, revenues, and expenses.
The transactions are then recorded in Journals. See the above journals and narrations.
Then, using the journal entries, prepare the ledger accounts.
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to build trust within an organization, decision making must be which of the following? (choose every correct answer.)
Decision-making inside an organization must be open, based on a shared conscience, and documented in order to foster trust.
The act of selecting one course of action over two or more is the definition of decision-making in its most basic form. Choosing between potential solutions to a problem is part of the larger problem-solving process. Either an intuitive or logical method or a combination of the two can be used to make decisions.
Any decision, whether it be made on a personal or organizational level, must be able to be put into action. Therefore, you must personally support the choice and be able to convince others of its validity. Because of this, a good decision-making process must guarantee that you can.
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following the rational rule, the economic surplus is maximized when group of answer choices total benefits equal total costs. total benefits exceed total costs. marginal benefits equal marginal costs. marginal benefits exceed marginal costs.
The economic surplus is maximized when c) marginal benefits equal marginal costs. This is known as the "Marginal Benefit Marginal Cost Rule" and is a key principle in economics.
It states that to maximize economic surplus, a company or individual should continue an activity or investment until the marginal benefit (the additional benefit received from each additional unit) equals the marginal cost (the additional cost incurred from each additional unit).
At this point, any additional investment or activity would result in a lower economic surplus because the marginal cost would be greater than the marginal benefit.
By using this rule, a company or individual can ensure they are maximizing their economic surplus by balancing the costs and benefits of their decisions. This rule is widely used in decision-making processes in businesses and public policy and is considered to be a fundamental principle in economics.
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Devices which house every component except the keyboard and mouse inside the same case as the monitor are called ____computers. O laptop O desktop O mainframe O all-in-one
Option (d), All-in-one computers are units that have every component inside the same case as the monitor, with the exception of the keyboard and mouse.
Do integrated computers perform better?Because they were developed with the typical PC user in mind, AiOs are more than capable of meeting the computing needs of the majority of users, despite being less powerful. However, if you're a software developer or visual design specialist who requires greater processing power or a more potent graphics card, an AiO most certainly won't be adequate for your needs.
What are the disadvantages of a computer with a single use?It's harder to fix yourself. The display and the computer are both housed in one case, so you might need help getting into it. It's more tough to upgrade. Again, the design makes it difficult to reach the device's guts.
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microeconomics concentrates on which of the following? select the correct answer below: firms household debt management plans household budgets all of the above
Microeconomics focuses on businesses, household budgets, and debt management strategies.
What is the name of the discipline known as microeconomics?Microeconomics is also known as the Price theory. It examines the actions of producers, consumers, and other people. It clarifies the processes of production, consumption, distribution, and pricing.
What is the central question in microeconomics?The basis of microeconomics is a model of consumers or companies, which economists refer to as agents, who choose what to buy, sell, or produce under the assumption that such decisions result in perfect market clearing (demand equals supply), among other ideal circumstances.
What effects do macroeconomics have on households?Due to increasing macroeconomic uncertainty, consumers reduced their expenditure on non-durable goods and services as well as major purchases like package vacations or luxury in the months that followed.
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Applied overhead is calculated by multiplying the predetermined overhead rate (POHRIX the estimated units of the allocation based incurred by the job Select one O True O False
Applied overhead is calculated by multiplying the predetermined overhead rate (POHRIX the estimated units of the allocation based incurred by the job. This statement is false.
What is overhead?
In the world of business, a continuing cost of running a company is appertained to as overhead or overhead charge. Unlike operating charges like raw material and labor, charges cannot fluently be linked to or honored with any one profit unit. As a result, charges cannot be directly linked to the goods or services being handed, which means they don't produce gains. still, charges are still essential to business operations since they give the company the important backing it needs to engage in profitable conditioning.
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boilermaker house painting company incurs the following transactions for september. required: for each transaction, describe the dual effect on the accounting equation. for example, for the first transaction, (1) assets increase and (2) stockholders' equity increases.
The description of the dual effects of the transactions on the accounting equation is as follows:
1. Asset increases (Accounts Receivable) and stockholders' equity (Retained Earnings) increases.
2. One asset (Equipment) increases and another asset (Cash) decreases.
3. Assets (Supplies) increase and liabilities (Accounts Payable) increase.
4. Assets (Cash) decrease and stockholders' equity (Retained Earnings) decrease.
5. Assets (Cash) decrease and stockholders' equity (Retained Earnings) decrease.
6. Assets (Cash) decrease and stockholders' equity (Retained Earnings) decrease.
7. One asset (Cash) increases and another asset (Accounts Receivable) decreases.
8. Assets (Cash) increase and liabilities (Deferred Revenue) increase.
The accounting equation is a depiction that assets equal liabilities and equity at every given time and with every transaction. This equation gives each transaction a dual effect.
Data Analysis:
1. Accounts Receivable $15,000 Service Revenue $15,000
2. Equipment $16,000 Cash $16,000
3. Supplies $2,500 Accounts Payable $2,500
4. Salaries Expense $3,200 Cash $3,200
5. Advertising Expense $1,200 Cash $3,200
6. Rent Expense $4,400 Cash $4,400
7. Cash $10,000 Accounts Receivable $10,000
8. Cash $5,000 Deferred Revenue $5,000
Thus, the dual effect means that each transaction affects, at least, two accounts of the accounting equation.
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Complete question:
Boilermaker House Painting Company incurs the following transactions for September.
1. Paint houses in the current month for $15,000 on account. Assets increase and stockholders' equity increases.
2. Purchase painting equipment for $16,000 cash. One asset increases and another asset decreases.
3. Purchase office supplies on account for $2,500. Assets increase and liabilities increase.
4. Pay employee salaries of $3,200 for the current month. One asset increases and another asset decreases.
5. Purchase advertising to appear in the current month, $1,200. Assets increase and stockholders' equity increases.
6. Pay office rent of $4,400 for the current month. Assets decrease and stockholders' equity decreases.
7. Receive $10,000 from customers in (1) above. One asset increases and another asset decreases.
8. Receive cash of $5,000 in advance from a customer who plans to have his house painted in the following month. Assets increase and liabilities increase.
For each transaction, describe the dual effect on the accounting equation. For example, for the first transaction, (1) assets increase and (2) stockholders' equity increases.
FILL IN THE BLANK a company issued a check for $6,000 to pay rent for the next three months. this transaction would debit the ___account, and credit the ___________account.
Rent for the upcoming three months was to be paid with a $6,000 check from the company this transaction would debit the credit account and credit the debit account.
The Rent Payable Account is a what kind of account?Rent Payable is a liability account in the tenant's general ledger that records the amount of rent due as of the balance sheet date.
What is the entry for the rent that is due?Prepaid rent is debited and cash is credited in the first journal entry for prepaid rent. Both of these accounts are considered assets, hence they have no effect on a company's balance sheet.
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At December 31, 2017, Hawke Company reports the following results for its calendar year.
Cash sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,905,000
Credit sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,682,000
In addition, its unadjusted trial balance includes the following items.
Accounts receivable . . . . . . . . . . . . . . . . . . . . . . . $1,270,100 debit
Allowance for doubtful accounts . . . . . . . . . . . . . 16,580 debit
1. Prepare the adjusting entry for this company to recognize bad debts under each of the following independent assumptions.
a. Bad debts are estimated to be 1.5% of credit sales.
b. Bad debts are estimated to be 1% of total sales.
c. An aging analysis estimates that 5% of year-end accounts receivable are uncollectible
The adjusting entries to reflect bad debts are listed below, along with how they affect Accounts Receivable and the Allowance for Doubtful Accounts on its balance sheet as of December 31, 2015:
1a. Journal entry estimating bad debts to be 1.5 percent of loan sales.
The first step is to determine the Bad Debt Accumulation.
Total credit sales minus the percentage of bad debt accrual is bad debt accrual.
Accumulated bad debt: $5,682,000 x 1.5%
$85 230 in bad debt accrual
The next step is to determine the Dec. 31 bad debt expense.
accumulation of bad debt $85,230\sLess Allowance for balance on questionable accounts ($16,580)
The cost of bad debt as of December 31 was $101,810.
The next step is to create the adjusting entry, which should read: Debit Bad debt expenditure $101,810 Credit Allowance for Doubtful Account $101,810 (To record Bad Debts at 1.5% of Credit Sales).
1b. A journal entry estimating bad debts to be 1% of credit sales.
The first step is to determine the Bad Debt Accumulation.
Credit sales totaled $5,682,000.
Cash sales totaled $1,905,000.
$7,587,000 was spent overall.
($5,682,000+$1,905,000)
Incurring bad debt % 1%
$75,870 in bad debt accumulation ($7,587,000 minus 1%).
The next step is to determine the Dec. 31 bad debt expense.
accumulation of bad debt $75,870
Reduced Allowance for Balance of Doubtful Accounts ($16,580)
Expense for bad debt as of December 31: $92,450
The third stage entails creating the adjusting entry, which should be composed as follows: Debit Bad debt expenditure ($92,450) Credit Allowance for Doubtful Account ($92,450) (To record Bad Debts at 1% of Credit Sales).
Accounts Payable as of December 31, 2015
Accounts Receivable ($1,270,100 gross)
Less: Provision for disputed accounts $80,085
Receivables (net): $1,190,015
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in which of the following situations may the policyowner be allowed to selll a life insurance policy purchased one year ago for a viatical settlement contract
The owner of a life insurance policy purchased a year ago may be permitted to sell it as part of a divorce settlement agreement.
How do life insurance policies work?Life insurance, which is frequently the policyholder, is a contract between an insurance policy holder and an insurer or assurer wherein the insurer agrees to pay a designated beneficiary a set amount of money upon the death of an insured person. Other circumstances, such as a critical sickness or a terminal disease, may also result in payment, depending on the terms of the contract. The policyholder typically pays the premium, either on a monthly basis or all at once. The benefits may be used to pay for additional expenses, such funeral expenses.
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which of the following is not an important factor in determining the appropriate cost driver to use in allocating a cost?multiple choicea cause-and-effect relationship between the cost and the cost driver.the availability of information about the cost and cost driver.the ability of the cost driver to allocate indirect costs to cost objects.all of the answers are important factors in determining the appropriate cost driver to use in allocating a cost.
All of the responses are crucial in deciding which cost driver to employ when allocating a cost.
What do you think of the answers?
A response is a reaction to a stimulus, which can be anything from a question to an experience to another form of stimulus. If you cry while watching sad movies, you are having an emotional response to the drama being played out on screen. A reply, an emotional reaction, or an explanation to a question are just a few examples of the various ways in which one can respond. to give a verbal or written reaction to someone or something. When I asked him his name, he remained silent.
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Assume that from 2020 to 2021, Panem’s GDP grows by 16.00% and that the population of Panem grows from 200 to 212.00.
Answer:
6.00%
Explanation:
Calculate the population growth rate from 2020 to 2021.
The population growth rate can be calculated as follows:
((212.00 - 200) / 200) * 100 = 6.00%
So, the population of Panem grew by 6.00% from 2020 to 2021.
true/false. managers who always have their eye on their next job rarely establish more than superficial relationships with peers and coworkers.
Managers who always have their eye on their next job rarely establish more than superficial relationships with peers and coworkers.
Are technical skills more important for top and middle management than for lower-level management?
Technical abilities are more important for top and middle management than for lower-level managers. First-line managers are primarily in charge of facilitating team activities aimed at achieving a goal.
In their haste to gain credit for successes that would be noticed by upper management, they make the fatal mistake of treating people as though they don't matter.
Therefore, The only managers who do not supervise other managers are middle managers.
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What kind of information would you need to have to be able to put together a table like to present to the steering committee? How much of that information is objective? Subjective? Justify your answer.
One will need to know how many projects were finished on schedule, how many were finished on budget, how many were finished within range, and how many enterprises met or surpassed goals.
What is information?Knowledge acquired by study, discussion, research, or education is referred to as information. Information is the interpretation of those elements of knowledge, whereas data is the particular measurements, figures, or diagrams.
It would consist of objective information.
One would also require to know how many projects were canceled, how many projects were over budget, as well as how many projects exceeded their scope, and how many projects fell short of expectation.
The data he provided would be subjective.
This information would be unbiased. The team's overall record will also need to be gathered as information.
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if the government imposes a per-unit excise tax on the production of corn, which of the following is true if we assume that the supply of corn is relatively price inelastic, while the demand for corn is relatively price elastic?
The incidence or burden of the tax will fall c) more on buyers than on sellers.
The reason for this is that the supply of corn is relatively price inelastic, meaning that the producers will not change the quantity they produce much in response to a change in price.
On the other hand, the demand for corn is relatively price elastic, meaning that consumers will respond to a price increase by reducing their consumption.
Therefore, when the government imposes a per-unit excise tax on the production of corn, the price will increase, but the quantity supplied will not decrease as much.
This results in a smaller change in the quantity supplied than in the quantity demanded, and the burden of the tax falls more on the buyers, who will pay a higher price for corn.
In conclusion, when the supply of a product is relatively price inelastic and the demand for the product is relatively price elastic, the incidence of the tax falls more on buyers than on sellers.
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The complete question is attached below.
Which of the following does not allow a company to exclude a short term obligation from current liabilities? a. The liability is contractually due more than one year after the balance sheet date b. Actually refinance the obligation c. Have a contractual right to defer settlement of the liability for at least one year after the balance sheet date. d. Management indicated that they are going to refinance the obligation.
The obligation is legally payable more than a year after the balance sheet date.
Which of the following statements about short-term obligations is accurate?If a short-term obligation is repaid after the balance sheet date and then replaced by long-term debt before the balance sheet is published, the corporation may omit it from current liabilities.
What are a company's short-term commitments?Important conclusions. Financial commitments made by a company that are anticipated to be repaid within a year are referred to as short-term debt, also known as current liabilities. Short-term bank loans, accounts receivable, wages, lease payments, and unpaid income taxes are typical examples of short-term debt.
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when companies donate to charities or sponsor causes, they are engaging in: when companies donate to charities or sponsor causes, they are engaging in: organizational ingratiation corporate social responsibility faux philanthropy philanthropic deception
When companies donate to charities or sponsor causes, they are engaging in: when companies donate to charities or sponsor causes, they are engaging in: corporate social responsibility.
Corporate social responsibility is a sort of self-regulation practiced by businesses with the goal of social accountability and having a positive impact on society.
Being environmentally sustainable and eco-conscious; fostering equality, diversity, and inclusion in the workplace; treating employees with respect; giving back to the community; and ensuring business decisions are ethical are some ways that a firm can embrace CSR.
It is becoming increasingly crucial for businesses to project a socially conscious image. Consumers, employees, and stakeholders value CSR when selecting a brand or firm, and they hold corporations accountable for using their principles, practices, and revenues to affect social change.
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Land is specific to good A and capital is specific to good M. Suppose that the price of good A relative to good M rises after opening to trade. The welfare effect on capital is ____, on labor is ____, and on land is ____.apositive; negative; ambiguousbambiguous; positive; negativecnegative; ambiguous; positivedpositive; ambiguous; negativeepositive; positive; positive
Land is specific to good A and capital is specific to good M. Suppose that the price of good A relative to good M rises after opening to trade. The welfare effect on capital is positive, on labor is ambiguous , and on land is negative.
Capital, which is unique to good M, will experience a decline in demand and an increase in its relative price as the price of good A relative to good M rises. The wellbeing of capital will suffer as a result of this. Since both items are produced by work, the impact on labour is uncertain and will depend on how much one good's demand varies compared to the other. Since land is unique to item A, a rise in the price of good A will raise demand for land and have a beneficial impact on the welfare effect of land. In general, the increase in the price of good A will benefit land while harming capital.
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A corporation is the owner and beneficiary of the key person life policy. If the corporation collects the policy benefits, thenanswer choicesO the benefit is subject to the exclusionary rule.O IRS has no jurisdiction.O the benefit is received as taxable income.O the benefit is received tax free.
The key person life insurance coverage is owned by and payable to a corporation. If the business receives the coverage benefits, when a significant employee passes away, the company receives a death benefit. The correct option is A.
What is a company that owns a life insurance policy on one of its key employees?
The term "corporate ownership of life insurance" (COLI) describes coverage for senior-level executives that a business has purchased and owns on behalf of those employees. When an employee passes away, the company pays the premiums and receives the death benefit. The family or heirs of the insured employee are not entitled to any benefits. The firm owns the policy, pays the premiums, and is the beneficiary of a key person life insurance policy. When a significant employee passes away, the company receives a death benefit. While they look for a successor, a company might use that money to help them make up for missed sales.
Therefore, the correct answer is option a) the benefit is subject to the exclusionary rule.
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Complete question
A corporation is the owner and beneficiary of the key person life policy. If the corporation collects the policy benefits, the answer choices the benefit is subject to the exclusionary rule.O IRS has no jurisdiction.O the benefit is received as taxable income.O the benefit is received tax free.
Which of the following industries is most likely to be characterized as concentrated with strong pricing power?
A. Asset management
B. Alcoholic beverages
C. Household and personal products
Alcoholic beverages industries are most likely to be characterized as concentrated with strong pricing power. The alcoholic beverage business is consolidated and has significant pricing power, as seen in Exhibit 4.
What are Alcoholic beverages?
Alcoholic beverages are a diverse category of drinks with varied alcohol content (ethanol). Beer, wine, China rice wine, and distilled spirits including brandy, whisky, rum, gin, cognac, vodka, tequila, and China distilled spirit are among the alcoholic beverages that are manufactured on a large scale. Alcoholic beverages contain a complex mixture of about 1300 chemicals, which have been found in a variety of drinks. Each alcoholic beverage's ingredients can be classified as major, minor, or trace elements. The two main ingredients are typically ethanol and water.
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Seasonal fruits and vegetables are shipped from Chile and sold in the United States along with domestically grown produce.
A) Emphasis on ethics
B) Heightened global competition
C) Flattened management hierarchies
The correct option is: B) Heightened global competition. (A wiki, an innovative communication technology, permits numerous clients to cooperatively make and alter pages.)
International competition. Residents from the majority of the more seasoned industrialized nations have become fixated on it starting from the principal Japanese vehicles began selling great. Weakness has supplanted invulnerability as the word many would use to depict once solidly settled international organizations. However, this uneasiness darkens the consistent accomplishments various corporations have made against competition from organizations based external their nations.
These organizations depend on worldwide procedures to prevail in this day and age. That approaches an organization to consider the world one market rather than as an assortment of public business sectors and in some cases requires choices as eccentric as tolerating projects with low returns on initial capital investment in view of their cutthroat result.
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T/F a positive feedback loop causes a self-amplifying cycle where a physiological change leads to even greater change in the same direction.
True. A positive feedback loop is a self-amplifying cycle in which an alteration in physiology causes a larger alteration in the same direction.
It is a cycle of increasing output and is often seen in biological systems, such as the body’s response to injury or disease.
For example, when the body senses an injury, it sends signals to the brain, which then sends signals to the affected area to release certain hormones, such as adrenaline and cortisol.
This increases the body’s response to the injury, leading to more hormones being released, and the cycle continues. In this way, the body’s system amplifies the initial injury, allowing it to heal more quickly. In other words, the positive feedback loop creates a self-amplifying cycle that leads to positive change.
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you're making a video ad with the goal of driving reservations for a tourism company on their website. which of the following call-to-actions (ctas) should you use in the ad?
The correct answer is Book now i.e.; It is the best call-to-actions (ctas) to be should you use in the ad.
What is the purpose of a call to action?A call to action (CTA) is a prompt that appears on a website and instructs the user to perform a particular action. A call to action usually appears as a button or hyperlink and is worded as a command or action phrase, such as "Sign Up" or "Buy Now."
What exactly is a CTA and why is it crucial?On a website, a call to action (CTA) is a directive that encourages visitor to do some sort of action. Simple instructions like "contact us now," "find out more," or "subscribe to our Newsletter" might serve as a call to action.
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In a cease and desist order by the FTC, an advertiser agrees voluntarily to stop running the ad but doesn't have to admit any guilt or wrongdoing.True or False
The given statement exists true. A cease-and-desist order from the FTC requires the advertiser to voluntarily stop running the advertisement but does not require them to confess any misconduct or guilt.
What is a cease and desist order FTC?Orders to Cease and Desist: A cease and desist order is the standard administrative remedy in matters involving advertising. The order has two goals: to stop the suspected criminal behavior and to stop other people from breaking the law in the future.
According to the law, assertions made in advertisements must be true, not unfair or deceptive, and supported by facts. Additional regulations can be necessary for some specific goods or services.
The Cooling-Off Rule permits customers three days to return anything they buy from salesmen who visit their homes; the customer must be informed verbally and in writing that the sale can be canceled.
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Frank, age 38, was killed in a car accident. Which of the following riders provided an additional benefit for his heirs?
The accidental death benefit provided an additional benefit for his heirs.
What are accidental death benefits?
Payment payable to the beneficiary of an accidental death insurance policy, which is frequently a provision or rider attached to a life insurance policy, is known as the accidental death benefit. The normal payment payable in the event of the insured's death from natural causes is typically increased by the accidental death benefit (ADB) life insurance policy. If the accident resulted in the insured's death, an accidental death benefit may continue for up to a year after the initial accident, depending on the policy's issuer. Consider an accidental death benefit rider if you operate in certain hazardous areas or in a certain type of work.
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question 4 aspects of mercantilism included there was only a limited amount of wealth in the world in order to gain power, nations had to acquire wealth belief in free trade two of these answers are correct all of these answers are correct
The idea that wealth is scarce in the globe and that countries must accumulate riches to be powerful is supported by mercantilism.
What is capitalism?
The mercantilism is an economic strategy designed to increase exports while reducing imports in a given economy. It is held that importing products is negative since it sends riches and gold to other countries.
The is Imperialism and colonialism are encouraged by mercantilism. Tariffs are used to accomplish this. Imports are subject to the high tariffs in an effort to discourage them, while exports are subject to low duties in an effort to promote them.
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which rule is used in the argument below? every employee who met their performance goals received a raise. jose is an employee. therefore, if jose met his performance goals then jose received a raise.
Modus Ponens, sometimes referred to as "Affirming the Antecedent," is the argumentation rule utilised. If the antecedent (premise 1) is correct, it is an acceptable type of logical reasoning to say that.
A fundamental logical inference rule called modus ponens is the one employed in this argument. It asserts that the consequent (conclusion) must likewise be true if the antecedent (premise) is true. Jose earned a raise in this argument, where the antecedent is "Every employee who completed their performance targets received a raise." Jose is an employee, thus if he completed his performance goals, he must have gotten a raise, according to the conclusion reached from the premise. Because the argument presupposes that if the antecedent is true, then the consequent must also be true, it is a modus ponens example.
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TexChem is a chemical company in Wonderland. Its chemical production line is operated through two shifts: day and night shifts. The employees in the day shift work from 9 am to 5 pm and the employees in the night shift work from 8 pm to 4 am. TexChem generally pays the employees on the night shift about 20 percent more than the employees on the day shift. This is because the people in the Wonderland area generally do not like working during the night time due to its unpleasant nature (less opportunity to spend time with family, health issues related to not sleeping well during the night time, a more dangerous commuting environment at night, etc.). Therefore, it is very difficult for TexChem to find workers for the night shift without this 20 percent wage premium. The 20 percent wage premium in this example can be explained using the concept of __________________.
a. institutionaliztion
b.efficiency wage
c.compensating wage differentials
d.productivity effect
The 20 percent wage premium in this example can be explained using the concept of compensating wage differentials. The correct option is C.
What is the importance of compensation differential?Wage differentials have a significant economic and social impact because they are directly related to the allocation of a country's economic resources, including manpower, national income growth, and the rate of economic development. (c) Promote the desired rate of economic progress.
A compensating differential, also known as a compensating wage differential or an equalizing difference, is the additional amount of income that a worker must be offered in order to motivate them to accept an undesirable job in comparison to other jobs that the worker could perform.
Thus, the ideal selection option is C.
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Assume that you are the accountant for Computer Consultants. Prior to this year, Computer Consultants operated out of a leased office. However, the company purchased its own office building this year. The building is in an area where real estate values have been increasing an average of 6 percent per year. The owner of Computer Consultants has asked why you recorded depreciation on the building if real estate values are appreciating. Write a response to the owner explaining why depreciation must be recorded on the company’s accounting records.
Answer:
However, the company purchased its own office building this year. The building is in an area where real estate values have been increasing an average of 6 ...
Explanation: