Answer:
Personal greed, Decline of personal ethical sensitivity, the size and structure of governments, economic freedom/openness of economy, Cultural environments that condone corruption, Lack of transparency, Slow judicial processes, etc.
Explanation:
Answer:
Differences in work styles
Explanation:
Conflicts are serious disagreements. They arise from differences in ideas, opinions, methodology, or actions. Conflicts create tensions and may lead to verbal or physical violence if unresolved.
David, as the manager, has his style of working. The employees under him may have different methods of performing their roles. If David does not appreciate his junior ways of working, there could be tension and unnecessary conflicts.
Marie's daily profit is R 37.50
What is daily profit?
Daily profit from Marie's perspective is the excess of her daily revenue over her daily cost of buying doughnuts from the local bakery, bearing in mind that selling price per doughnut is R5 and cost per unit R3.50
We can first of all determine her daily revenue as the selling price per unit multiplied by the number of doughnuts bought
daily revenue=R5*25
daily revenue=R125
Also, total daily cost is the cost price per doughnut multiplied by the units bought
total cost=R3.50*25
total cost=R 87.5
Having determined the total revenue and total cost daily, we can proceed to computing daily profit as total revenue minus total cost
Profit = Sales - Total Costs
Profit=R125-R87.50
Profit=R 37.50
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General technological advance is most likely to cause the production possibilities frontier to shift outward from a to b.
Technology has always been vital for organisations, but in recent years, that importance has increased significantly. By definition, technology is the practical application of scientific knowledge, and it is obvious that in order for businesses to remain competitive, they must adopt new technologies. The importance of new technology for organisations can be attributed to a number of factors. First, firms can improve their production and efficiency by utilising modern technologies. This is so that workers may concentrate on other duties because new technologies sometimes automate operations that were previously performed manually. Additionally, by lowering their dependency on costly manual labour, new technology can assist firms in saving money. Finally, firms can frequently access new markets and clients thanks to new technologies.
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Answer:
Find below the requirement of the question:
Indicate the transaction price for each of these transactions and when revenue will be recognized.
1.At the time of delivery-$919,000
2 At the time of delivery-$770,000
3.At the time of delivery-$443,700
Explanation:
Generally speaking, from IFRS and U.S GAAP standpoint,revenue should be recognized when the seller has delivered goods to the customer or when services have been rendered,in essence the revenue recognition time is at the time of delivery for the three situations.
However,the amount to be recognized differs from one situation to the other,hence $919,000 should be recognized in the first instance and $770,000 in the second situation.
Finally,only the present value or present worth is recognized in the third situation as that reflect the fair value of goods sold.