Answer:
d.) discretionary expenses
Explanation:
We can explain going further into what is each item.
<u>A and B are your income </u>(for this question don’t sweat about the difference between gross and realized). They will constitute all the money you have in that period (the period will depend on the regularity of your income, it could be weekly, monthly, etc.).
Your fixed expenses are the things you will expend money on which, no matter what happens, will not change (it could be your rent, tax, health insurance, etc.).
Discretionary expenses, however, are costs that are things that you WANT, not NEED. It could go anywhere from a new shoe to a new boat (if you´re feeling rich, that is lol). That kind of expense will impact your available money (hey, nothing is free) but is not part of your budget as it is not a planned cost.
However, is important to note that if you wanna be super Monica Geller with your money you should forecast your discretionary expenses. Using your history as a base for calculating will eliminate most of the margin error.
The answer is they quickly find themselves on a slippery slope with no higher order moral compass if they operate in countries where ethical standards vary considerably from country to country when companies that adopt the principle of ethical relativism in providing ethical guidance to company personnel.
Answer:
Judgment will be for Larson. Although a decision by the majority of the partners in a partnership will control in matters concerning the ordinary operations of the firm business, such a decision is not binding if it contravenes the partnership agreement. In this case, the agreement provided that the partners would share profits equally. The decision by Rundles and Kreiger is therefore not effective, since is not based on the unanimous consent of all partners.
Answer: True
Explanation: Opportunity cost this is the profit lost when one alternative is selected over another based on choice. It's helps us examine all possible alternative before taking decisions. Ellie's has a competitive advantage in Ice cream production due it's opportunity cost for its next best alternative which is half (1/2) for ice cream compared to Brendan's one quarter (1/4) for same product.
Answer:
Firm A will pay the greatest and firm C will pay the smallest.
Explanation:
Shirking can be defined as the act of neglecting or not doing a job properly so it is an unwanted behavior at every firm.
Even though the probability of discovering a shirker is the same at each firm, firm A pays the highest amount to their monitoring workers who keep track of the employees and their efficiency.
This wage difference can act as a performance booster for monitoring workers and can lead to the ones at firm A to be more strict causing the workers to be more productive. Therefore firm A will need to pay the greatest efficiency wage to keep their employees motivated. And firm C will pay the smallest efficiency wage.
I hope this answer helps.
