Crowdsourcing is the act of taking a job traditionally performed by a designated agent and outsourcing it to an undefined generally large group of people in the form of an open call.
Crowdsourcing involves a massive group of dispersed contributors contributing or generating items or offerings—consisting of thoughts, votes, micro-obligations, and price range—for payment or as volunteers. Present-day crowdsourcing often includes digital structures to draw and divide paintings between individuals to acquire a cumulative result. Crowdsourcing isn't always restricted to online hobbies, however, and there are numerous ancient examples of crowdsourcing. The word crowdsourcing is a portmanteau of "crowd" and "outsourcing". In assessment to outsourcing, crowdsourcing typically entails much less particular and greater public companies of members. Benefits of using crowdsourcing include reduced expenses, stepped forward velocity, improved best, extended flexibility, and/or extended scalability of the paintings, in addition to selling diversity. Crowdsourcing techniques include competitions, digital hard work markets, open online collaboration, and statistics donations.
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Answer:
$102,080
Explanation:
Given that,
Service cost = $90,500
Interest rate = 9 %
Expected return on plan assets = $62,800
Prior service cost amortization = $10,300
Projected benefit obligation at January 1, 2017 = $712,900
Pension expense for the year 2017:
= Service cost + Interest cost - Expected return on plan assets + Prior service cost amortization
= $90,500 + ($712,900 × 9%) - $62,800 + $10,300
= $90,500 + $64,080 - $62,800 + $10,300
= $102,080
Answer:
$1,600
Explanation:
Best deals incorporation has a total of 10 units in the ending merchandise inventory on December 31
The units were bought in the month of November at a price of $160 for each unit
The replacement cost of the item is $162
Inventory is always recorded when the cost is low
Therefore, the amount that is to be reported as the merchandise inventory can be calculated as follows
=10 units × $160
= $1,600
Hence the amount reported as the merchandise inventory on the balance sheet is $1,600
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