it is useful to identify workers within a specialist area because if you need something done quickly and accurately, you can call the person who is really good at something, to help you without worrying if you wont complete the task on time.
Answer:
B. New applications for unemployment insurance
D. Stock prices
Explanation:
Unemployment benefits claims is one of the most powerful leading economic indicators, because it can predict, with a high degree of accuracy, the unemployment rate of the next economic periods.
Stock prices are also included in the index of leading economic indicators, more specifically, the Stock Prices of the S&P 500. Stock prices are a leading indicator because investors try to carefully invest in those companies they feel will have a good performance in both the short-term and the long-term.
Answer:
The correct answer is: price elastic; increase.
Explanation:
The price elasticity of demand for apples is 1.2.
This implies that the demand relatively prices elastic.
Elastic demand means that a proportionate change in the price of apples will cause more than proportionate change in the quantity demanded.
A decrease in the price of apples will cause its quantity demanded to increase by more than proportionate. This will cause total revenue to increase.
Answer:
The correct option is "<em>d." Characteristics that would make a misstatement material include: The misstatement makes it probable that the judgment of a reasonable person relying on the information would have been changed or influenced by the omission or misstatement.</em>
Explanation:
<em>A misstatement </em>is a false or incorrect statement. So a material misstatement is a significant statement that is false or incorrect. In the context of a financial audit, a material misstatement is untrue information in a financial statement that could affect the financial decisions of one who relies on the statement.
Answer:
A. $119,000
B. 10%
C.$11,900
Explanation:
Deprecation is a method used in expensing the cost of an asset.
The depreciable cost = Cost of asset - Salvage value = $123,800 - $4,800 = $119,000
The straight line rate = 1/10= 0.1 = 10%
annual straight-line depreciation = depreciable cost × straight line rate = $119,000 × 0.1 = $11,900
I hope my answer helps you