Answer:
Transfers traditional internal activities to outside vendors.
Utilizes the efficiency which comes with generalization
Explanation:
Outsourcing can be regarded as a business practice which involves hiring a party from outside of the company so that the party can perform particular services as well as creation of goods which traditionally are been performed in-house by the employees and staff of the own company.Outsourcing helps in cost-cutting measure
It should be noted that Outsourcing ;
✓Transfers traditional internal activities to outside vendors.
✓Utilizes the efficiency which comes with generalization.
Answer:
The correct answer is: unemployment and inflation are negatively related. In the long run they are largely unrelated problems.
Explanation:
According to the Philips curve, in the short run, inflation and unemployment rate are inversely related. This implies that when inflation decreases, the unemployment rate increases.
This is indicated by the downward-sloping Phillips curve. When the government adopts a contractionary policy to reduce inflation, unemployment will increase.
In the long run, the Phillips Curve will be a vertical line at the natural rate of unemployment. The inflation rate is not related to the unemployment rate in the long run.
Answer:
The Journal entry is as follows:
On December 31st, 2021
Cash surrender value A/c Dr. $3,000
Insurance expense A/c Dr. $17,000
To cash A/c $20,000
(To record the payment of the insurance premium)
Working note:
Increase in cash surrender value of the policy:
= $15,000 - $12,000
= $3,000
Insurance expense:
= Annual premiums - Increase in cash surrender value of the policy
= $20,000 - $3,000
= $17,000
Answer: B. Pell: No; Astor: Yes.
Explanation: According to Termination of agency law:
-An agent is entitled to renounce his power by refusing to act or by notifying the principal that he will not act for the principal.
The agent can terminate the agency first in absence of contractual agreement relating to the provision of duration of contract.
Gold and silver futures markets obey the cost-of-carry model. TRUE
$5/bu is the price should you try and lock in before harvest.
Gold is a primary economic asset for international locations and crucial banks. it is also utilized by banks as a manner to hedge in opposition to loans made to their authorities and as a hallmark of financial fitness. underneath a free-market device, gold should be considered as forexes like a euro, yen, or U.S. dollar.
Gold does now not deplete into the atmosphere, it does now not burst into flames, and it no longer poisons or irradiates the holder. it is rare and sufficient to make it hard to overproduce and malleable to mint into cash, bars, and bricks. Civilizations have always used gold as a fabric of value.
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