Answer:
A
Explanation:
Wage differentials is the differences in wages paid to labour with different skills within the same industry or difference in wages paid to labour with the same skills but in different industries.
Reasons for wage differentials
1. level of risk of the job : the more risky a job is, the higher the wages that would be paid to labour.
2. Level of education : the more educated labour is, the higher the wages received.
3. Labour union : the labour union of a particular industry may institute a law that stipulates the wages to be paid to labour.
4. Geographical location : labour working in a developed country is more likely to be paid higher than labour carrying out the same job role in a developing country
<u>Explanation:</u>
The two main factors which influence the fashion life cycle are seasons and trends. For sweaters season is the main reasons for demand of the product. When the climate changes people stop using sweaters which is a winter wear. During spring season people's dressing style changes which is completely in contrast with winter clothing.
The stores also stop selling sweaters and start selling flowery fabrics to go with the season. Sweater is a seasonal product in any country. It can be used only in winters. Sweaters cannot be used in summers, spring or autumn.
Answer:
It will help avoid conflict of interest.
Explanation:
When the people in risk assessment team are also the same team people correcting deficiencies, conflict of interest tends to arise.
Conflict of interest is when a person or staff in a department becomes unreliable due to a clash between personal interests and his professional responsibilities.
Answer: a. have the authority to enter into new contracts with subcontractors, material suppliers, and workers
Explanation:
If the partners elect to finish the job, they will legally have the authority to enter into new contracts with the necessary outside contractors needed to get the job done.
This is because the job was agreed to with the partners and with the dissolution of the partnership, contracts with these contractors were cancelled. Since the partners however want to pursue the job, they are free to do so but will need to get new contracts to replace the old cancelled ones.
Answer:
Explanation:
1. Accounts Receivable - Asset (Come under Current Asset)
2. Equipment - Asset (Come under Fixed asset)
3. Fees Earned - Revenue (Come under income statement)
4. Insurance Expense - Expense (Come under income statement)
5. Prepaid Advertising - Assets (Come under Current Asset)
6. Prepaid Rent - Asset (Come under Current Asset)
7. Rent Revenue - Revenue (Come under income statement)
8. Salary Expense - Expense (Come under income statement)
9. Salary Payable - Liability (Come under current liabilities)
10. Supplies - Asset (Come under Current Asset)
11. Supplies Expense - Expense (Come under income statement)
12. Unearned Rent - Liability (Come under current liabilities)
