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antiseptic1488 [7]
4 years ago
14

Which statements are false? Money comes in different forms. Money is indivisible.

Business
2 answers:
Papessa [141]4 years ago
8 0
Saying that money is indivisible is false. As long as its not a penny, money can be divided down to the last cent
damaskus [11]4 years ago
5 0

Answer:

Money is indivisible.

Explanation:

Money comes in different forms: True

People can earn money in very different ways, and have hold money in different forms that could be cash, checks, bank savings, etc.

Money is indivisible: False

Unless the amount of money is so minimal that it cannot be divided (a penny), the money can be divided

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For something to have value, it must _____________.
kompoz [17]
Have utility


This is the only logical answer. The rest are just material things like money, and style always is changing so you can’t put value on style.
8 0
4 years ago
Prithi acquired and placed in service $190,000 of equipment on August 1, 2015, for use in her sole proprietorship. The equipment
il63 [147K]

Answer:

d.) $38,000

Explanation:

Given that

Acquired value of the plant = $190,000

Recovery period = 5 years

So according to section 179, the total deduction is limit to the 1 by 5 i.e useful life or recovery period of acquired price or purchase price

So, the amount is

= Acquired value of the plant ÷ recovery period

= $190,000 ÷ 5 years

= $38,000

By dividing the acquired value with the recovery period we can get the maximum deduction

4 0
4 years ago
Three airlines account for most of the air traffic in and out of a local city. If the three airlines joined together in setting
kykrilka [37]

Answer:

The options for this question are the following:

A. a cartel, as the three airlines together would attempt to coordinate policies in the local market to jointly maximize profits.

B. monopolistic competitors, as each firm would have to differentiate its airline services from its rivals.

C. perfect competitors, as each firm would sell travel services at the same fares as the other airlines.

D. kinked demand curve oligopolists.

The correct answer is A. a cartel, as the three airlines together would attempt to coordinate policies in the local market to jointly maximize profits.

Explanation:

A cartel is a formal agreement between two or more companies in order to reduce competition between them and increase their profits or joint profits.

A cartel is the formal expression of a collusion agreement. This implies that firms explicitly agree on the level of certain competitive variables such as price, quantity, distribution of customers or areas, etc.

The goal of cartel members is to increase joint benefits at the cost of reducing or eliminating competition. In this way, it is intended to act as a monopoly by increasing prices, reducing the quantity and increasing the profits obtained from sales.

8 0
3 years ago
At year-end, companies that utilize accrual-based accounting systems complete the measurement process through:.
adell [148]

Companies using the accrual concept of accounting to complete the measurement process at the year end through the recording of adjusting entries.

<h3>What is an accrual concept?</h3>

An accrual concept is one of the method which records the incomes at the time when it is earned or charges when it is incurred.

Adjusting entries are the entries recorded in the accounting books to close all the accounts at the year end. It helps in determining the correct amount of charges and revenues at the time of finalizing the accounting statements.

Therefore, the adjusting entries are used by the company to complete the measurement process while applying the accrual concept.

Learn more about the accrual concept in the related link:

brainly.com/question/17256489

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7 0
2 years ago
retirement plans play a key role in making a company competitive in the marketplace because they help the employer to attract an
Rama09 [41]

What do you mean by Retirement planning?

It refers to the distribution of savings or revenue towards retirement in a financial setting. Retirement planning is to achieve financial independence.

As a result, financial consultants frequently advise retirees to have a source of income that provides approximately 70% of their salary while working in order to live comfortably after retirement.

Main Content

True

Offering a tax-advantaged retirement plan to employees has two primary advantages: attraction and retention.

To learn more about Retirement planning

brainly.com/question/28128413

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7 0
2 years ago
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