Answer:
D. The futures price is above the expected future spot price
Explanation:
Contango is the phenomenon in which the future prices of a commodity are higher than the current or future spot prices. This situation occurs when the commodity's price is expected to rise over time, which results in an upward sloping forward curve.
Therefore, the answer that fits the description is alternative D.
Answer:
- Organize your ideas
- Frame your request logically.
- Thank the recipient in advance.
- Analyze your needs.
Explanation:
A request letter is a type of business letter whose purpose is to place an order with the recipient.
When writing a letter of request it is appropriate to analyze your needs and then organize your ideas and include it in the body of the message in a logical way that facilitates understanding.
A letter of request should contain:
- company letterhead,
- department initials,
- letter number,
- place and date,
- addressee,
- reference,
- subject,
- greeting,
- body text,
- farewell, and
- signature.
Answer:
The correct answer is d. The referral is court mandated.
Explanation:
When the main purpose of the call is to communicate information issued by a court, the person who should receive such communication must be the client directly, since their right to privacy must be respected, taking into account that for legal purposes it is important to maintain confidentiality. of the information. If there is the express will of the client to delegate a third person to receive the information, the conditions change because there is a consent that must be respected by the court.
Answer:
Journal Entry to record the transaction
Dr. Work in Process Department I $280,000
Dr. Work in Process Department II $300,000
Dr. Manufacturing Overhead $8,000
Cr. Material Inventory $588,000
Explanation:
The direct material is charged to the work in process account, because it is an direct expense and all the direct expenses are charged to the work in process account like indirect material, indirect labor etc.
The indirect material is charged to manufacturing overhead account because all the indirect expenses are charged to the manufacturing overhead account like indirect material, indirect labor etc.
These inventories are issued from the material inventory, so to deduct the issued value from the material inventory account, the total value of direct and indirect issuance is credited to record the effect.
Answer:
Truthfulness
Explanation:
A credible news organization is an organization that conveys truthful, verified information, ideally without biases. For example, Reuters is one of the most credible organizations because they do not editorialize information: they simply convey it as it is.
Negative news should not be used to promote hidden agendas against something or someone, because if the agenda is discovered, the credibility of the news organization will take a hit.