Answer:
false
Explanation:
Over-the-counter refers to the process of how securities are traded for companies not listed on a formal exchange. Securities that are traded over-the-counter are traded via a dealer network as opposed to on a centralized exchange.
Answer: Critical listening
Explanation:
Richard is engaged in critical listening during the course of the meeting, to fully get the full message passed across by the different speakers at meeting.
Critical listening is a type of listening, where an individual pays full attention to get full details of information being passed across during a speech and in the process making judgements about what is been discussed.
Answer:interest revenue the company recognize during 2021 is $100
Explanation:
Interest for 2021 = Principal x Rate x Time
= $20,000 X 6% x 1/ 12 ( From 1st t0 31st December is 1 Month)
=$100
Journal to record accrued interest by Davenport Company
Date Accounts Titles Debit Credit
Dec 31st, 2021 Interest Receivable $100
Interest Revenue $100
Therefore, the interest revenue the company will recognize during 2021 is $100.
Answer:
$66,800
Explanation:
Depreciation is used in expensing the cost of an asset
Depreciation reduces the value of an asset
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
Cost = $340,000. + $14,000 + $40,000 = $394,000
($394,000 - $60,000) / 5 = $66,800
Frictional unemployment occurs because in a world of imperfect information, it takes time for people to find jobs.
<h3>
What is Frictional unemployment?</h3>
Transitions in employment that are voluntary within an economy lead to frictional unemployment. Even in an expanding, stable economy, frictional unemployment is a given. Frictional unemployment refers to workers who decide to leave their current jobs in search of new ones and people who are just starting out in the workforce. It excludes employees who hold onto their existing position until they find a new one because, presumably, they are never unemployed.
In the economy, there is always some frictional unemployment. It is a portion of natural unemployment, which is the lowest unemployment rate in an economy as a result of economic factors and labor movement, and it affects the overall employment picture.
The number of workers who are involuntarily out of work indicates both natural unemployment and the number of people who have been replaced by technology or lack of expertise.
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