Financial aid is awarded based on a student's academic artistic athletic or other exceptional ability is called merit-based
US student financial aid is funding available only to students attending post-secondary institutions in the US. These funds are used to cover the many costs associated with pursuing post-secondary education. Financial assistance is available from federal and state governments, educational institutions, and private organizations. Awarded in the form of scholarships, loans, working student activities, and grants. To apply for government student grants, students must first complete the free Student Assistance Application (FAFSA).
The financial aid process has been criticized for its role in admissions control, in which students receive money based on the maximum amount a student's family can pay, rather than based on merit or need.
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Answer:
The correct options to fill the gaps are
- Responsibility Centres;
- Responsibility Centres.
<em>Fill the blank spaces in the sentences we have:</em>
Many companies try to to organize their business into <em>responsibility</em> centers, because they can hold the manager of each responsibility center accountable for the entire performance within his/her responsibility center. The problem with the other three types of responsibility centers is that excuses are so easy to come by: "I didn’t have the resources I needed," "Another department drove up costs," or "Another department didn’t sell enough." With <em>responsibility</em> (same word as before) centers, the manager has authority over revenue, costs, and investments.
Explanation:
<em>In order to have a better insight into the meaning of the above statement, let us understand the concept of A responsibility centre.</em>
<em>A responsibility center</em> is a part or sub-unit of a company in which the manager has some degree of authority and responsibility. The company's detailed organization chart is a logical source for identifying responsibility centers. The most common responsibility centers are the numerous departments within a company.
<em>FIND ATTACHED DIAGRAM OF A RESPONSIBILITY CENTRE</em>
business objectives with employees and management in designated business units. The position serves as a consultant to management on human resource-related issues.
Answer:
A judgement rating is an insurance rate that an underwriter assigns to a particular risk based on their subjective evaluation of that risk. Judgement ratings are frequently done on an individual basis and rely heavily on the experience, perception, and talent of the underwriter who makes the final evaluation.
Answer:
110,257 units.
Explanation:
Fixed operating costs (FC) = $430,000
Variable costs (VC) = $2.10 per unit,
Sales price (P) = $6.00 per unit.
The revenue, as a function of 'n' units produced, for this company is given by:
The break-even point occurs when revenue is zero. The break-even point is:
Rounding it up to the next whole unit, the sales volume needed to reach the break-even point is 110,257 units.