Answer:
d. Claims exchange transaction
Explanation:
Claims exchange transaction -
It refers to any discrepancy in the claims , is referred to as claims exchange transaction .
In this case the claim of one reduces and others increases and hence the total claim remains constant .
Hence , from the given scenario of the question ,
The correct option is d. Claims exchange transaction .
Answer:
$101,500
Explanation:
Net Sales $2,030,000
Allowance for uncollectible Accounts ($2,030,000*5%)=$101,500
The amount of uncollectible accounts to be reported in income statement shall be $101,500
Answer:
France should specialize in producing phones and import computers from Sweden
Explanation:
France can produce: 4 phones or 3 computers
The opportunity cost of producing 1 phone = (3 ÷ 4)
= 0.75 computers
The opportunity cost of producing 1 computer = (4 ÷ 3)
= 1.33 phones
Sweden can produce: 1 phone or 2 computers
The opportunity cost of producing 1 phone = (2 ÷ 1)
= 2 computers
The opportunity cost of producing 1 computer = (1 ÷ 2)
= 0.5 phones
According to the comparative advantage,
Sweden has a comparative advantage in producing computers because the opportunity cost of producing computers is lower for Sweden than for France.
France has a comparative advantage in producing phones because the opportunity cost of producing phones is lower for France than for Sweden and import computers from Sweden because Sweden has a comparative advantage in producing computers.
Answer:
"B"
Explanation:
Monolithic organization is an organization that forcefully incorporate all employees into a particular culture being practiced. It can be a very large organization but lack flexibility and its rate of reaction to changes can be very slow.
Its operational system are complicated as resources can be scarce. It believes it can influence employees' motivation, customers, the market and any other complex system.
This description fits into the situation at Teddy's place of work
The agent of Lisa would likely tell her about the process and the rules in regards of the disability buy and sell insurance. The agent would likely explain that if she acquired this type, the insured person would likely be protected when the person has exhibit a disability and that having this type of insurance have benefits and are likely to be tax free.
