APR means annual percentage rate. It is the annual rate charged when borrowing or earning through an investment. This includes any costs associated with the transaction. APR is a combination of fees and the interest rate. It is higher than the nominal interest rate.
Answer:
The answer is a. Work-in-process
Explanation:
b. Finished-goods is not right because the description mentioned raw material and semifinished goods.
c and d is not right because the concepts do not describe types of inventory themselves
e is not right because the Raw material account only accounts for raw material itself, that is, raw material without any further processing.
a. is correct because work-in-process is an account used to record the inventories that has been partially processed toward finished goods for the final providing of goods and services to the market.
So a is the correct choice.
True,Training is a key element for an organization pursuing a commitment based HR strategy. Training increases employee commitment, which results in increased retention for an organization. In the rapid model of instructional design, training design begins while needs assessment is still being conducted.
<h3>What is
Training?</h3>
Training is the teaching or development of any skills, knowledge, or fitness that relate to certain valuable competences in oneself or others. Training aims to improve one's capability, capacity, productivity, and performance.
A training module is an e-learning course component that focuses on a certain topic. Training modules, like books, serve as a "chapter" in the larger e-learning course. Consider the subject of sales training. You could want to go through how to create a successful email or the best sales strategies.
The training planning process is broken into four steps: Identify training needs and objectives; create a training strategy; create a course design; and create training materials.
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Answer: Political union
Explanation:
Economic integration is an agreement among the countries in a region that is aimed to reduce and remove the barriers to the free flow of the factors of production and goods or services.
A political union is a type of union that is formed out of smaller states. A political union is the most advanced form of integration wherby there is a common government and one where the sovereignty of member countries are reduced. It is found within federations where there's a central government and level of autonomy in the regions.
Collusion is legal in most countries as it form part of the oligopoly but in South Africa it is not legal for companies to collude on prices. As evidence, the Competition Commission has fined several SA companies for price collusion.