Has experienced a decline in economic freedom since 2000.
Answer:
C. Responsibility accounting
Explanation:
The correct answer is C.
Responsibility accounting is a concept of accounting that is used as performance measurement. The main idea is that big and varied organizations are difficult, and almost impossible to manage as one segment, therefore they must be cut into parts or separated into parts that can be managed. These parts, are called responsibility centers that include:
1. Cost centers,
2. Revenue centers,
3. profit centers, and
4. investment centers.
This approach gives room for responsibility to be given to the manager in these parts that have the biggest amount of influence over the key elements that are to be managed.
Answer:
Correct answer is (B) consumption and investment both decrease.
Explanation:
when government spending increases and taxes increase by an equal amount there will be decrease in both consumption and investment.
Answer:
$315,600
Explanation:
Ownership = 40%
Investment = $182,000
Share of dividends = 40%*21,000 =8400
Share of income = 40%*75000 = 30000
Increase in share price = $21-$13= $8
investment
Dr Cr
Investment $182,000
Dividend received $8400
Income received $30,000
Increase in share price $112,000
324,000 315,600
