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2 years ago

Identify at least one cost and one benefit of both the trustee and delegate models.

1 answer:

7 0

There are two models of representation, trustee model and delegate model. Trustee model allows the people to elect a trustee who they 'entrust' with their constituency while in the delegate model, a delegate or representative is elected in a democracy to deliver the concerns of the people but the representative doesn't hold their constituency.

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Question 3 of 10

Varvara68 [4.7K]

Answer:

A. citizens tend to have greater confidence in the economy.

Explanation:

When a nation's standards of financial reporting are transparent and effective, by extension, the citizens tend to have greater confidence in the economy.

This is because when the government are transparent about the financial affairs of the nation, the citizens are confident in the economy

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2 years ago

Mathematics for Business and Finance

Marina CMI [18]

Answer:

Explanation:

Apply first discount to original price

apply next discount to discounted price

etc

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2 years ago

Ai Lun, a management trainee at a large New Yorkdashbased bank, is trying to estimate the real rate of return expected by inve

QveST [7]

Answer:

Ai Lun estimate that real rate would be 1%

Explanation:

The Formula for the Real Rate of Return is

Real rate of return =Nominal interest rate - Inflation rate

In this case ,

Nominal interest rate =3%

Inflation rate is given by the rising of the consumer prices =2%

So,

Real rate of return =3% - 2%

Real rate of return=1%

5 0

3 years ago

The title company charges a fee to effect the closing on behalf of the buyer and seller. who bears the cost of this?

horrorfan [7]

To have a fundamental and legal basis, there should always be a purchase contract between the buyer and the seller. This contract contains the agreement and requirements for the purchase to proceed. So in this case, it is always agreed in the contract who pays the cost.

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3 years ago

Masterson Company's budgeted production calls for 56,000 liters in April and 52,000 liters in May of a key raw material that cos

Soloha48 [4]

Answer:

The budgeted materials need in liters for April is $54,800 liters.

Explanation:

For computing the needed budgeted material for April month, following equation is used which is shown below:

= Budgeted raw material + closing inventory - opening inventory

where ,

budgeted raw material for April month is $56,000 liters

Closing inventory is 30% of following month which equals to

= 52,000 × 30%

= 15,600 liters

and, opening inventory is given i.e. 16,800 liters.

Now, apply these values to the above equation which equals to

= $56,000 + $15,600 - $16,800

= $54,800 liters

Thus, the budgeted materials need in liters for April is $54,800 liters.

5 0

2 years ago