Answer: D - entrepreneurship
Explanation: there are 4 factors of production:
1. Land- it refers to all the natural resources used in the production process.
2. Capital- they are also known as capital goods. They are man's creations used in the production process.
3. Labour- it is the work done by humans in the production process
4. Entrepreneurship- it is the individual who had the idea for the business.
In the above question, Mary is the entrepreneur. The employees are labour. The orchid and kitchen is the land.
Answer:
The answer is: This tax follows: "The benefits-received principle"
Explanation:
There are two principles of tax fairness raised in the question:
+ The ability to pay principles: stating that people should pay amount of tax in accordance with the level of wealth and income they possess.
+ The benefits-received principles: stating that the amount of tax a taxpayer has to pay should be in accordance with the level of consumption of government's goods and services.
By re-visiting two concepts above, we come up with "The benefits-received principle" as the answer.
It is because the resources dedicated to building public clinics specializing in helping alcoholics reduce their alcohol consumption is funded from liquor consumers which is the majority group of people which will consume the services of these clinics.
Answer:
Gross Margin Ratio = 0.240799 or 24.0799%
Explanation:
Gross profit margin ratio or gross margin ratio is a financial ratio that expresses the gross profit of a company as a percentage of its total revenue. The gross profit is the difference between the total revenue and the cost of goods sold. The gross margin ratio can be calculated as follows,
Gross Margin Ratio = Gross Profit / Total Revenue
Gross Margin Ratio = 83750 / 347800
Gross Margin Ratio = 0.240799 or 24.0799%
<span>Checking account
Savings account
Certificate of Deposit
<span>Exchange Traded Fund</span></span>
The precaution of prohibiting employees from bringing personal computing devices into a facility is procedural type of security control.
What are procedural security controls?
Procedural controls builds a framework for validating and maintaining the computer system and for ensuring that users can understand how to use the system. Procedural controls basically take the form of standard operating procedures and user manuals.
Why is procedural security important?
Procedure security measures are important to improving security and preventing escapes as it allows risks to be addressed and dealt with appropriately.
Learn more about procedural security:
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