Answer:
<em>The flow is in the form of inputs and then dollars in a sequence. </em>
Explanation:
<em>(1)</em> The household supplies factor input services in the form of labor to the firm.
<em>(2)</em> The labor produces goods and services for the firm.
<em>(3)</em> The firm pays wages to the labor in return for the produce.
<em>(4)</em> The households buy the goods and services of the firm.
<em>(5)</em> For the goods and services offered, the firm takes dollars from the households.
Hence, the entire above process emphasizes a flow <em>in the form of inputs and then dollars from the household to the firm for the output purchased by it from the firm.</em>
Answer:
C) Overstating or understating allowances and reversing amounts in the future to smooth out net income over time.
Explanation:
Cookie jar reserve is defined as an accounting practice by businesses where the profit a company makes from successful years are reserved to cover up for years with losses. It balances losses from unsuccessful years.
Investors are led to believe that losses in bad years are less than they actually are.
For example not allocating an expense to a particular accounting year but instead allocating it to a year when the company made profits.
In essence it is overstating or understating allowances and reversing amounts in the future to smooth out net income over time.
Answer:
Boilermakers
Explanation:
Boilermaker are individuals who are into making boilers or large containers that is meant for housing or keeping liquid or gases such as oil or gas. They are involved in fabrication of steel, iron or copper into boilers. There job roles can involves repairs as well.
However, according to Bureau of Labor Statistics, the job growth of Boilermaker is 6%, and with the closure of most Coal Fired power plants in the coming decade, there is going to be lesser demands for boilermaker.
Specifically in building construction, gas boilers are expected to be replaced by low carbon heating system in all new homes, in the near future, this will gradually reduce demand for boilermakers.
Also, considering the increase in energy sector, trying to move away from crude oil to renewable energy such as solar, there will be lesser demand for boilermaker.
Answer:
Some of the impacts that will have on group performance:
- Cost cutting due to transfer pricing
- Revenue increase due to internal trading
The internal trading transactions will be separated from the reconciliation statements.
Explanation: