The quality certification that deals primarily with conformance to customer requirements is ISO <u>9000</u>; ISO <u>14000</u> is concerned primarily with the organization's effect on the environment.
<u>Explanation:</u>
A collection of global quality management and quality assurance standards designed to help businesses efficiently document the components of the quality system required to maintain an effective quality system, understood as ISO 9000. These are not industry specific, and can be extended to organizations of any scale.
The collection of specifications for environmental management generated and published by the International Organization for Standardization is known as ISO 14000 principles, which offer guidelines or structure for organizations seeking to systematize and develop their initiatives in environmental management.
Answer:
The right answer is C; There is an inverse relationship between price and quantity demanded
Explanation:
The law of demand indicates that there is an inverse relationship between the price and the quantity demanded of a good.
This means that if the price of a good increases, then demand decreases and if the price decreases, demand tends to rise at the same time.
Answer:
(C). Cost of entertaining clients
Explanation:
Travel expenses are <u>costs incurred while traveling with the purpose of carrying out businesses activities.</u>
They include transportation costs, feeding costs and lodging costs.
Cost of entertaining clients is however not considered a travel expense.
Answer:
C) $250,000
Explanation:
Larkin's investment in Devon at the end of the year = carrying amount at the beginning of the year + Larkin's share of Devon's income - Larkin's share of Devon's dividends
= $200,000 + ($600,000 x 25%) - ($400,000 x 25%)
= $200,000 + $150,000 - $100,000 = $250,000