Answer:
a. True
Explanation:
DOT stands for the Dictionary of Occupational Titles. It is the publication which was produced by the Department of Labor of the United States of America for the working people that helped the employers, the government officials, and the other workforce development professionals in order to define over 
different types of work from 
to the late 
s.
But now, due to the advancement in technologies and change in the nature of job of many works the previous publication was replaced by the new Occupational Information Network which suits with todays technology and development in the working conditions. It is shortly known as the O*NET.
Hence the answer is TRUE.
Answer:
The bad debts expense for 2015 would be $ 28,000
Explanation:
The balance of the allowance for doubtful account should be equal to the amount estimated to be uncollectible based on the ageing analysis
Estimated uncollectible account $ 31,000
Allowance for doubtful accounts prior to adjustment <u>$ 3,000</u>
Bad debts expense for the year to be recorded <u> $ 28,000</u>
The accounting entry to record this is as follows:
Bad debts expense Debit $ 28,000
Allowance for uncollectible accounts Credit $ 28,000
Financial insecurity, discouragement, legal issues, long hours
Answer:
Liquor consumers
Explanation:
Price elasticity measures the degree of responsiveness of quantity demanded to changes in price. Demand is elastic if a small change in price has a great effect on quantity demanded. The coefficient of elasticity is usually greater than 1.
Demand is inelastic if changes in price has little or no impact on the quantity demanded. Coefficient of elasticity is usually less than 1.
The elasticity of demand for liquor is -0.4 while the elasticity of supply for liquor is 3.5. Therefore the demand for liquor is inelastic while the supply of liquor is elastic.
If taxes are imposed on consumers, the quantity demanded wouldn't change or change a little.
If taxes are imposed on suppliers, the quantity supplied would fall more.
Therefore , the burden of tax can be passed on more to consumers.
I hope my answer helps you.
Answer:
d) Sales increase at a decreasing rate as fewer new buyers enter the market.
Explanation:
The life cycle has four stages - introduction, growth, maturity and decline. While some products may stay in a prolonged maturity state, all products eventually phase out of the market due to several factors including saturation, increased competition, decreased demand and dropping sales
