Answer:
C) The invisible hand
Explanation:
Daniel here seeking to produce and increase his welfare is "led by an invisible hand" to negotiate with his suppliers and to sell goods to his neighbors in a way that everybody is better off as a result from these transactions.
This is also a clear example to what Adam Smith was referring to the invisible hand:
"in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was not part of it. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it. " Adam Smith, The Wealth of Nations, Book 4, Chapter 2
Answer:
The correct answer is Gain or loss on the sale of equipment as part of continuing operations.
Explanation:
If a gross profit on sales is generated in the process of selling an item of property, plant and equipment, but additional expenses are also incurred, the only thing that is recognized in the income statement is the net profit.
Among the accounts of the income statement, only one record is made with the net profit that occurred in the process of the sale of the asset. Although the final effect on the income statement is the same as it had under the old regulatory framework, it can be said that with that single record among the income statements, what is sought is that high gross income and expenses are not shown high, as this could distort the different financial analyzes that will be carried out at the end of the year.
Answer:
Straight salary compensation plan
Explanation:
- The correct answer is Straight salary compensation plan because here Bush company of Refrigeration has placed Daniel on a straight salary compensation plan
- As the Straight Pay Compensation Scheme is a form of payment that a company hires at a certain point in time that does not affect employee performance.
The organizing function of management is when a manager is responsible for organizing staff and making sure the staff members have the necessary resources to do their jobs. This is further explained below.
<h3>What is the Organizing function of
management?</h3>
Generally, In order to achieve goals, the role of management is to establish an organization's structure and allocate human resources.
In conclusion, Management's organizing role is to ensure that employees are properly organized and equipped to carry out their duties.
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Answer:
Explanation: Cellular respiration is the process of breaking down sugar to give energy. It can also be said to be the process of takes in food thereafter using the food taken in it to create ATP (a chemical which the cell uses for energy).
This process starts when a glucose molecule(from consumed food) is converted into carbon dioxide and how its energy is harvested as ATP.
It involves 4 steps which are:
1. Glycolysis: Here, glucose undergoes a chemical transformation which at the end is converted to molecules of pyruvate.
2. Pyruvate Oxidation: At this step the pyruvate produced from glucose above is converted into a two-carbon molecule to Coenzyme A, known as acetyl CoA. Here carbon dioxide is produced as well.
3. Citric acid cycle: At this step, the acetyl CoA produced above combines with a four-carbon molecule and goes through a cycle of reactions. This reactions produces four carbon starting molecules which are: ATP, NADH, FADH
2 and carbon dioxide.
4. Oxidative phosphorylation: Here, the molecules produced above NADH, FADH
2 deposit their electrons in the electron transport chain thereby releasing energy. At the end of the electron transport chain, oxygen accepts electrons and takes up protons to form water.
