Answer:
C. Country A would focus on growing carrots to trade with country country B.
Explanation:
Country A can produce twice as many carrots as country B. this indicates that country A seems to have a comparative advantage over Country B in carrot production. Both countries have equal capacity in the production of apples.
Country A should focus on producing carrots for sales to country B. It can produce double what country B can, meaning its production costs are lower. Country A can sell carrots to country B at a lower price than it would cost country B to produce its carrots. Therefore, country A would be prudent to focus on producing carrots and trade them to country B.
Answer: Controlling
Explanation: Controlling is the function of management that sets the standards for the performance, then compares the actual performance with the standards set and take corrective action if there comes any discrepancy.
In the given case, Wendy is monitoring the tasks performed by others and is also taking corrective actions. Thus, we can conclude that wendy is performing controlling function.
Answer:
Bad debt expense A/c Dr $4,900
To Allowance for doubtful debts $4,900
(Being bad debt expense is recorded)
Explanation:
The journal entry is shown below;
Bad debt expense A/c Dr $4,900
To Allowance for doubtful debts $4,900
(Being bad debt expense is recorded)
The computation of the bad debt expense is shown below:
= Net Credit sales × estimated percentage given - credit balance of allowance for doubtful debts
= $920,000 × 0.6% - $620
= $5,520 - $620
= $4,900
Answer:
False.
Explanation:
Self-concept describes the kind of person or personality an individual thinks he or she has.
People that have a realistic self-concept about themselves basically see themselves as they are, not what they or the society at large wants them to be.
The statement that a person with a poor self-concept is more likely to be hired for a position, because they are easier to “mould” is false and an absolutely incorrect notion.
First of all, no organization is interested in hiring an individual with a poor self-concept because they can't add any value to the organization in the long-run.
