Answer:
True
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
A contractor can be defined as a self employed individual or business entity that provides services or work for another for an agreed fee.
This ultimately implies that, a contractor is a non-employee of the organization he provides services or work for. Some examples of a contractor are consultants, engineers, lawyers, accountants, auditors, doctors etc.
Basically, the government of a country usually employs the services of contractors for the execution of public projects and works.
Hence, both the Government and the contractor have the option of going to court to resolve disputes between them.
Like personal selling, direct marketing makes use of blank interactive communication, allowing the seller to adapt messages according to the particular customer.
<h3>What is direct marketing and how does it work?</h3>
Direct showcasing is a type of imparting a proposition, where associations convey straightforwardly to a pre-chosen client and supply a technique for an immediate reaction. Direct showcasing is a special strategy that includes introducing data about your organization, item, or administration to your objective client without the utilization of a publicizing broker. A designated type of promoting presents data of expected interest to a purchaser that not entirely settled to be a probable purchaser. Under the immediate showcasing technique, administrators will utilize different kinds of promoting media to connect straightforwardly with purchasers. Taking into account the way that mass publicizing, for example, on boards or on the radio, arrives at an unknown number of individuals, it tends to be extremely wasteful.
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Answer:
Ending Inventory= $1603 and Cost of goods sold= $2087.
Explanation:
Here is the complete question: The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 280 units, where 260 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory.'
Determine the cost assigned to ending inventory and to cost of goods sold using Specific identification method.
First, lets find out Ending Inventory:
Value of units taken as per the date of purchase.
Ending Inventory= 
⇒Ending Inventory= 
Opening parenthesis.
∴Ending Inventory= $1603.
Now, finding cost of goods sold.
Cost of goods sold= 
Cost of goods sold= 
∴ Cost of goods sold= $2087
a separation between ownership and management is most likely to occur in a : Corporation
In a corporation, the owners (or more commonly known as the share holders) tend to higher the executive that they believe is capable to manage the company
hope this helps
Answer:
$77,000
Explanation:
Calculation to determine what The amount of maintenance expenses that should be allocated to the Painting Department for the current period is:
Administration=$80,000×[100/(150 + 100)] Administration=$32,000
Maintenance=$100,000×[36,000/(44,000 + 36,000)]
Maintenance=$45,000
Total$ 77,000
($32,000+$45,000)
Therefore The amount of maintenance expenses that should be allocated to the Painting Department for the current period is:$77,000
