Answer: General Leger account balances aggregate data to determine payroll costs
.
The account balances form the basis for accounting reports.
Explanation: a General ledger is defined as the central accounting record of a company or organization consisting of the accounts that support the value items shown in the major financial statements.
The general ledger provides information of accounting reports which in turn is used to balance aggregate data to determine payroll costs
.
Answer: A
Explanation: Tariffs are imposed on foreign goods that are bought into a country. There are several reasons for the imposition of tariff such as revenue generation for the government, prevention of dumping, and protecting local industries.
When tariffs and other trade restrictions are placed on a product, it increases the domestic prices of such products. This is a blessing to domestic producers selling similar products because there will be an increase in demand for domestic products
Answer:
maximize profits.
Explanation:
Th economist assume that the goal of objective of the business is to maximize the profit and add value to their business and shareholders as well. The businesses use marginal benefit and marginal cost to measure the value of benefit. Business also has other objectives which support the profit maximization like cost minimization, customer satisfaction etc
Answer:
The correct answer is A that is $10,000
Explanation:
Derby is the one who took the project or work for designing the ad campaign and for that the Consumer credit union (who want this work to be done) paid $10,000 to the Derby for the work.
But unfortunately, next day, the Derby informs the union that they will not perform the work as they have taken or accepted job in Boston.
Therefore, as a compensatory damages, they will (credit union) recover their amount of $10,000.