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2 years ago

In recording business transactions, evidence that an accounting transaction has taken place is obtained from

1 answer:

6 0

In recording business transactions, evidence that an accounting transaction has taken place is obtained from source documents. A source document is the first and origional way that transactions are entered for an accounting system. Everything in the source documents then gets transferred into a companies accounting system and stored for later use. The first and original documents are the source documents because they are the source of where the first transactions were recorded.

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1.Economics is the study of ____________________ and _________________________.2.What is opportunity cost

jolli1 [7]

Answer: See explanation

Explanation:

Economics is the study of human behavior and also how resources are allocated in the society. Economics studies the reason for the behavior in the individuals, firms or government when certain situations happen in the economy.

Opportunity cost is refered to as n alternative cost that's, the cos if what we forgo when we make an alternative decision. For example, if I purchase a book for $20, the opportunity cost is something else that I could have used the $20 for.

4 0

2 years ago

Suppose lawyers seek legislation to limit the use of computer software that enables people to use their personal computers to se

Harman [31]

Answer:

c. rent-seeking behavior

Explanation:

In economics, rent-seeking behavior can be described as a behavior or conduct that tries to increase the share of an economic agent or an entity from the existing wealth without adding or creating new wealth. This implies that the entity aims to obtain added wealth without creating a new one.

From the question, the aim of the lawyers is mainly to increase their own wealth in terms of legal fees they will collect from preparing wills, trusts, and other legal documents when they prepare them for people when a law restrict people from self-preparing it using their personal computers. In turn, the lawyers will only increase their share of wealth without adding any wealth.

Therefore, this is an example of rent-seeking behavior.

6 0

3 years ago

Your boss asks you to do some reporting on your email performance from last quarter. which email metric can you ignore?

DanielleElmas [232]

Base on the scenario, the email metric that you can ignore after your boss asked you to do some reporting in your email performance last quarter is the industry average. The industry average are used in means of having to create components financially when it comes to business plan.

8 0

2 years ago

Maria Martinez and her sister, Christina, are planning to operate a small day care center in a remodeled building. They've obtai

Maurinko [17]

The correct answer would be D. Limited Partnership

7 0

2 years ago

18. If the marginal product of capital net of depreciation equals 10 percent and the rate of population growth equals 2 percent,

zavuch27 [327]

Answer:

rate of technological progress = 8 %

Explanation:

given data

capital net of depreciation = 10 percent

Population growing rate = 2 percent.

solution

we will apply here Golden Rule that is

According to golden Rule level of capital accumulation is in steady state which have the highest level of the consumption

so here rate of technological progress is = 10% - 2 %

rate of technological progress = 8%

and here economy will at Golden Rule steady state

so correct answer is 8 percent

8 0

2 years ago