Answer:
1. True
2. a & c
3. b
4. a, b & c
5. a, b & c
Explanation:
When you feel interested in math, it's likely accounting is suitable for you.
please read more articles about accounting in these links
https://www.accountingcoach.com/accounting-principles/explanation
https://studymoose.com/foundational-accounting-principles-and-terminology-essay
https://www.edx.org/course/management-accounting-acca-fma-f2-x-8
Answer: B. The firm hires 45 workers and earns a $1200.00 Economic Profit
Explanation:
According to the table, when the Market Equilibrium Wage Rate is $105, the number of workers to hire would be 45 and the revenue would be $7,425.
If 45 workers are hired, they would cost:
= 45 * 105 per worker
= $4,725
Added to the fixed cost, the total cost would be:
= 4,725 + 1,500
= $6,225
The profit would be:
= Revenue - cost
= 7,425 - 6,225
= $1,200
Answer:
a. advertising
Explanation:
Advertising: It is a creative marketing strategy to promote product and service by using paid communication channel. It help to spread awareness to the target audience. This technique is used to aware public about product, social cause, scheme or government policies.
There are three primary objective of advertising:
Advertising follow the AIDA model, which states awareness leads to Interests which lead to Desire and finally lead to Action.
Answer:
A programmer, a web designer, and a data analyst.
Explanation:
The programmer creates the sales system application. He will integrate key functionalities in the new software that will meet the companie's unique need.
The we designer will create a website that will give easy access to the newly developed sales system application. This will also involve content creation and user interface creation.
Data analyst will be in charge of managing client's data. Making sure data is secure and in a form that can be easily accessed and used.
Answer:
<h3>An example of a Real Account is a Bank Account. A Personal account is a General ledger account connected to all persons like individuals, firms and associations. ... A Nominal account is a General ledger account pertaining to all income, expenses, losses and gains. An example of a Nominal Account is an Interest Account</h3>
