Answer:
In simple word, The given case relates to the practice of saving the lobbying interest by the political groups using monetary transaction and rules. It is beneficial for such a lobby group to set up a non-profit company.
Community groups can gain financial security by establishing non-profit organisations inside the organization. AARP uses the money from its insurance company to fund its legislative activities.
The state has extensive authority to determine what goods and services are produced and in what quantities under centrally planned socialism.
A Centrally Planned Economy: What Is It?
A centrally planned economy, commonly referred to as a command economy, is a form of capitalism where decisions about the production and distribution of goods are made by the government. Market economies, where these decisions are the consequence of hundreds of choices made by producers and consumers, are different from centrally planned economies.
Although individual businesses may occasionally be brought into economic planning, state-owned corporations produce goods and services in planned economies frequently. In most cases, a centralized bureaucracy determines the costs, salaries, and production schedules.
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There are different kinds of rules. Underapplied or overapplied overhead occurs because overhead is applied to jobs using a predetermined rate is a true statement.
<h3>What is Underapplied overhead?</h3>
This is known too be when the amount of a specific OH applied is said to be less than full amount of actual MOH for that specific period.
Overapplied overhead is known to be when the amount of OH applied is said to be more than full amount of actual MOH for that specific period.
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Answer:
B. Forced distribution method
Explanation:
Forced distribution method is a rating used by organizations to evaluate their work place. In this situation, the raters are made to give ratings to individuals being evaluated into an already established performance distribution. It requires the person carrying out the appraisal to place or appraise workers based on certain predetermined parameters from which he can then rank them. The forced distribution method is one of the most not established fact but also one of the most adopted appraisal method. Due to the criticism attached to it, it stemmed up organizations claiming to have dropped off performance appraisals completely.
