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Morgarella [4.7K]
3 years ago
8

The key difference between mediation and arbitration is: (A) A mediator is constrained to work with the final offers given by th

e parties while an arbitrator can create an agreement that lies somewhere in between final offers(B) An arbitrator has more ability to come up with an agreement that both parties will be happy with(C) An arbitrator is focused on improving the relationship between the parties while a mediator just wants to get a settlement(D) A mediator has no authority to make a final and binding decision
Business
1 answer:
kifflom [539]3 years ago
3 0

Answer:

The correct answer is letter "D": A mediator has no authority to make a final and binding decision.

Explanation:

Arbitration is an outcome that has been imposed by a neutral party. An <em>arbitrator </em>is meant to rule the parties involved in the dispute. While mediation is the process in which the parties involved in a dispute try to come up with a solution in their own terms. The <em>mediator </em>has the power of giving advice only to the parties but cannot determine the final resolution.

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POSDCORB is an acronym which means Planning, Organizing, Staffing, Directing, Coordinating, Reporting and Budgeting

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A company purchased $6,500 of merchandise on May 1 with terms of 2/10, net 30. On May 6, it returned $500 of that merchandise. O
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Answer:

The cash paid on May 8 is: $5,880

Explanation:

Credit terms of 2/10, net 30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.

The company purchased $6,500 of merchandise on May 1. On May 6, it returned $500 of that merchandise.

The balance owed for merchandise = $6,500 - $500 = $6,000

On May 8, it paid the balance owed for merchandise, taking any discount it is entitled to.

The company took the appropriate discount:

2% x $6,000 = $120

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3 years ago
Presented below are two independent cases related to available-for-sale debt investments. Case 1 Case 2 Amortized cost $41,640 $
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Answer:

Case 1 = $9,420

Case 2 = 0

Explanation:

Determining the amount of impairment loss is given below:-

Case 1

Impairment loss = Amortized cost - Fair value

= $41,640 - $32,220

= $9,420

Case 2

Impairment loss = Amortized cost - Fair value

= 91,800 - $102,220

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Since, the fair value is higher than Amortized cost so the value of Impairment loss in case 2 is 0.

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4 years ago
Why do internal users need financial data?
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Answer:

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3 years ago
Mustang Corporation reports the following for the month of April: Finished goods inventory, April 1 $ 33,400 Finished goods inve
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Answer:

$133,100

Explanation:

Given that,

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Therefore, the cost of goods sold for April is $133,100.

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3 years ago
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