Answer: Governmental accounting standards board (GASB)
Explanation: GASB is a non governmental organization that helps to develop generally accepted accounting principles for Government (Federal, states and Local).
It was established in the year 1984, it operates an independent, transparent and participatory system with all stakeholders adequately involved in the discharge of its responsibilities. GASB is funded through the accounting supports that it renders to both the brokers and dealers who buy and sell municipal bonds. This supports attracts a certain amount of money which is utilized to run its operations.
1) Moral hazard occurs when the individual does not tell the others all the risks associated with their actions, so the correct answer is:
D. an individual knows more about his or her actions than other people do.
for the second one:
the money lent will be x
so we have :
x+10%x=1000
(the money lent and the interest are 1000 together)
so: 110%x=1000
11x=1000
x=1000\11
x=909.09 - so they correct answer is A!
x=
So Whats the question ? Could you be more specific .
Answer:
Work specialization.
Explanation:
Is an organizational structure. Work specialization is the degree to which task in the organization are divided into separate jobs with each step completed by a different person.
The theory of Work specialization is: breaking down large jobs into smaller components, and delegating different parts to individual workers.
Most managers today see work specialization as an important organizing mechanism as it helps employees to be more efficient.
Saves time by eliminating the need to switch between jobs.
A firm maximizes its profitability when it<u> "configures its internal operations to support the position selected by it on the efficiency frontier".</u>
In economics, profit maximization is the short run or long run process by which a firm may decide the value, information, and yield levels that prompt the best benefit.
The general guideline is that the firm maximizes profit by delivering that amount of yield where negligible income breaks even with peripheral expense. The profit maximization issue can likewise be drawn closer from the information side.
