Answer: Jill is extrinsically motivated
Explanation:
Extrinsic motivation refers to the behavior of individuals to to participate in an activity based on meeting a target in order to gain an reward.The rewards to gain is the motivation for individuals to perform task they would lackadaisically have done or would not have attempted if no external reward was attached.
Here, Jill is working so hard to meet her sales goal to be able to buy a new car because she knows that she would receive a bonus, this typically shows an Extrinsic Motivation on her part.
The correct answer is can be resolved by the owners themselves through private bargaining.
- According to the Coase Theorem, where there is a conflict between property rights, the parties involved can bargain or negotiate terms that
- fully reflect the actual costs and underlying values of the relevant property rights, leading to the most efficient conclusion.
- When negotiating is costly, Coase's theorem fails. A fair resolution cannot be reached if negotiation is not possible.
What are the conditions of Coase Theorem?
- The two requirements for an effective market solution are full property rights and no (or minimal) transaction costs, according to the Coase theorem.
- By transferring property rights, one can occasionally approximate these conditions and establish a market for the externality.
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Answer:
1. When searching for unrecorded liabilities, the auditors consider transactions recorded <u>after</u> year end.
<em>Auditors consider transactions recorded after year end to determine if it was supposed to be recorded in the current period. </em>
2. Accounts payable <u>confirmation</u> can be mailed to vendors from whom substantial purchases have been made.
<em>As a way to keep a document trail, creditors from whom substantial goods were bought from can be mailed a confirmation. </em>
3. To gain overall assurance as to the reasonableness of accounts payable, the auditor may consider <u>ratios</u>.
<em>Ratios such as the Payables turnover can be used to evaluate the reasonableness of Accounts payable. </em>
4. When auditors find unrecorded liabilities, before adjusting they must consider <u>materiality</u>.
<em>
They must consider if the adjustment is material or significant enough to record. </em>
5 Auditiors need to consider <u>shipping terms</u> terms for determining ownership and whether a liability should be recorded.
<em>Shipping terms need to be considered because they can tell who owns goods in transit and therefore if a liability is needed for them. Shipping terms such as FOB Shipping point mean that the business incurs the liability as soon as the seller ships the goods. </em>
Answer:
A. after tax income should increase shifting AD to the right to a higher equilibrium level of output
Explanation:
If the government reduces tax, the after tax income would increase and so woold demand. Thus, the aggregate demand curve would shift rightward to a higher equilibrium level of output.
If the government cuts taxes, after tax income should decrease shifting AD to the left to a lower equilibrium level of output
I hope my answer helps you
Answer:
Accounts receivable for 2019 = $590,000
Accounts receivable for 2018 = $570,000
Explanation:
The computation of accounts receivable for both years is shown below:-
2019 2018
Sales $7,906,000 $6,726,000
Accounts receivable
Beginning balance $600,000 $540,000
Ending balance $580,000 $600,000
Accounts receivable $590,000 $570,000
Working note:-
Average Accounts receivable for 2019 = ($600,000 + $580,000) ÷ 2
= $590,000
Average Accounts receivable for 2018 = ($540,000 + $600,000) ÷ 2
= $570,000
