Answer:
If Victoria purchases insurance, she will have (4000-1200) = $2800 for consumption. Now even if she has an accident, she will not have to incur any medical costs.
So the expected value of Victoria’s consumption should she purchase the insurance cover is $2800.
Expected utility should Victoria purchase insurance will be equal to the total utility as Victoria will surely have 3100 for consumption.
E(U )=
E(U) = 621 (rounded off to nearest integer)
Answer: C) journalized in the general journal.
Explanation: Closing entries are the journal entry that is done in the accounting field in manual manner.The entry is done to move the temporary accounts into the permanent accounts. They are made at the completion of the accounting time in general journal .
Other options are incorrect because it is a necessary task to do in accounting field. It is not shifted from ledger account towards worksheet and it doesn't end the real account.Thus, the correct option is option(C).
Answer:
The answer is: A) A creative work environment
Explanation:
Creative working environments usually enable employees to spend time creating different products, being unpredictable, testing different ideas, making mistakes, and innovating.
It's not easy for management to create such working environments, specially when innovation is not linear, is unpredictable and may be inefficient sometimes. But at the long run, innovative companies will tend to dominate their markets.