Development is the process of an economy’s increasing industrialization, standard of living, and economic wealth.
When there is a development in economics, they focus on improving the fiscal economic and social conditions in developing countries. Development does not happen over night or at a fast pace but eventually the areas they want to have developed become more economically sound to keep up with the economy's needs. There are 4 stages of economic development, they are expansion, peak, contraction and trough.
Answer:
The correct answer is letter "C": This is not plagiarism.
Explanation:
Plagiarism is the act of taking someone else's work and make it appear as if it belongs to another party. It also implies paraphrasing words from an article or changing the order of some of the words to give it a genuine look. Plagiarism is considered a misdemeanor but can be penalized.
The student's version in the example <em>is not plagiarism</em> because the source from where the student takes the reference of the elaboration theory is mentioned:
<em>They soon switched to a model based on the elaboration theory (Reigeluth, 1999).
</em>
Thus, the student is recognizing that the conclusion was taken from another resource. The rest of the student's paragraph is related to another field of study - videogames - making a unique version only relating the theory.
Answer:
The statement is: False.
Explanation:
Wages in one industry or another will depend on the labor demand and the specialization required for the job. Auto manufacturing technician job positions are demanded in higher quantities than aircraft manufacturing mechanics. The reason is that aircraft traffic is not even close to the automobile traffic level. Thus, <em>as more auto technicians are requested, their wages tend to be lower</em>. Besides, <em>as fewer aircraft technicians are requested, their wages tend to be higher</em>.
Answer:
1. Current.
2. Fixed.
Explanation:
A financial statement can be defined as a written report used by financial experts or accountants to quantitatively describes the financial health of a company. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.
Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.
Operating activities in the cash flow statement reflect the inflow and outflow of cash from current assets and liabilities. Thus, all the net income or cash from all operational business activities of a company is recorded as operating activities. Some examples of operating activities are cash paid as an expense for merchandise, cash revenue generated from the sales of finished goods etc.
Investing activities recognize the buying and selling of fixed assets.
Generally, investing activities comprises of purchasing fixed or physical assets, investing in securities and the sale of assets or securities associated with the company.
Answer:
cost of goods manufactured= $121,000
Explanation:
<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 24,000 + 38,000 + 51,000 + 37,000 - 29,000
cost of goods manufactured= $121,000
