Answer:
The correct answer is d) other than the ones who consumed the product.
Explanation:
An external benefit happens when producing or consuming a good or service, causes a benefit to a third party or person.
For example:
When a constructor builds a new block of apartments, the developer should build access roads to the new construction. The external benefit appears when these roads can be used by the residents of other buildings and the neighbors.
An example of a person making use of credit is a business owner takes out a loan to expand and redecorate her offices.
<h3>What is credit?</h3>
Credit is when a person makes use of money he or she does not have in her account. Usually, the person borrows the money from a lender. When a business owner takes out a loan, she is making use of credit.
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Answer:
b. Many different styles of leadership can be effective.
Explanation:
Leadership is the ability of a person to motivate others to deliver on set goals and objectives.
Depending.on the organisation, the goals to be achieved, needs of the followers, and the personality of the leader.
There are different leadership styles that are all effective depending on the situation
Authoritative leaders states the way things should be done with little input from the team.
Democratic leadership is when the leader gets feedback from the team and uses it to make decisions.
Free rein is when the leader allows the team do what they like in achieving goals.
Task oriented leadership focuses mainly on the task at hand.
Entries are given.
DATE ACCOUNT TITLES DEBIT CREDIT
Dec 31,2019 No entry 0
No entry
(Considering that goodwill has an 0
infinite existence, goodwill should
not be amortised.)
Dec 31, 2019 Patent Amortization $10,000
[$75,000×(1/5)×(8/12)] patents
(To record patent amortizations for $10,000
8 months)
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