Answer:
d) research and development
Explanation:
The three primary functions of an organization are finance and accounting, because you need at least organize your accountability to know their performance of your business in money terms and also because the law of the countries demand it to declare taxes. The marketing, is the way of how you are going to promote your products and finally affects directly to the revenue, and production and operations are the way as you produce and organize your products and deliveries Those three areas are essential for any business regarless of their size.
The research and development usually is an area that you create and implement in your business when you have more resources.
Transaction public property
Exemption of the government
Answer: d) a rise in input prices; a decrease in the number of sellers in the market; a rise in the price of a substitute in production.
Explanation:
Supply simply has to do with the amount of goods that a particular producer is willing to sell to economic agents at a particular price and at a given time.
It should be noted that rise in input prices; a decrease in the number of sellers in the market; a rise in the price of a substitute in production would cause a reduction in supply of goods and services.
This is because when the number of sellers reduce, the supply will also reduce as there are lesser people supplying the goods. Also, when the prices of input increases, it affects cost and supply reduces.
Therefore, the correct option is D.
Answer:
The $1,200,000 should be accounted for in Grove’s special revenue funds
Explanation:
Special revenue fund: The special revenue fund is a fund that is introduced by the government to collect the money from the public. It is made to fulfill the need for specific purposes/ projects.
The computation of special revenue funds is shown below:
= Income received for providing the meals to the needy people + financing of sales tax with respect to tourist facilities maintenance in the shopping district
= $300,000 + $900,000
= $1,200,000