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posledela
3 years ago
8

A partner who does not participate in the management of the business is a _________ partner; a partner who participates in decis

ions and advises management, but whose partnership interest is not known to third parties is a __________ partner.
Business
1 answer:
Dvinal [7]3 years ago
4 0

Answer:

Silent partner, secret partner

Explanation:

Partnership is an arrangement between two or more individuals to come together to form a business.

Silent partners are also known as investors. They are individuals who invest money into the business. Silent partners do no participate in the daily running of activities in the organization. The only means of contribution of the silent partner to the business is the provision of capital.

Secret partners are partners whose membership is not disclosed to the public, they take part in decision making processes in the organization.

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Forlornistan is a country in the midst of a serious economic downturn. Forlornistan's GDP has declined steadily for over three y
goblinko [34]

Answer:

The correct answer is option c.

Explanation:

Forlornistan is experiencing an economic downturn, the GDP has steadily declined, the employment rate is very low and the CPI is falling.

All these characteristics show that the economy is going through economic depression.

Depression refers to the situation in which an economy suffers a downturn in economic activities. It involves decrease in output level, price and employment rate.

6 0
3 years ago
Regarding ABC costing systems, which of the following statements is true?ABC systems accumulate overhead costs by departmentsABC
Scrat [10]

Answer: ABC costing systems have separate indirect cost allocation rates for each activity

Explanation: this costing method is based on the costs that each activity consume in a company. It can be used in either manufacturing or services company. The way of distribution the indirect costs is quite accurate.

3 0
3 years ago
Gabriel Farms, one of The Fruit Guys' vendors, believes in paying its employees a "living wage," which is higher than a typical
lions [1.4K]

Answer:

Physiological needs

Explanation:

Abraham Maslow developed the need hierarchy theory of motivation.  As per him, the urge to fulfill a need by an individual serves as primary factor of motivation.

Maslow specified the following needs in their order of hierarchy i.e from lowest to highest:

  1. Basic Physiological needs: These correspond to an individuals basic needs such as food, shelter , clothing etc.
  2. Safety Needs: Refers to security needs both physically and financially.
  3. Social Needs: Refers to the need for love, affection and friendly ties.
  4. Self Esteem Needs: Refer to an individual's self respect and self confidence.
  5. Self Actualization Needs: Refers to the need of utilizing one's full potential and capability.  

In the given case, the vendor pays it's employees a higher wage than the minimum wages. These wages would help employees satisfy their basic physiological needs as conveyed by the term, "living wage".

5 0
3 years ago
Waupaca Company establishes a $410 petty cash fund on September 9. On September 30, the fund shows $120 in cash along with recei
Aleonysh [2.5K]

Answer:

1. Sep 09

Dr Petty cash $410

Cr Cash $410

2. Sep 30

Dr Merchandise inventory $59

Dr Postage expense $74

Dr Miscellaneous expenses $144

Dr Cash short and over $13

Cr Cash $290

3. Oct 01

Dr Petty cash $30

Cr Cash $30

Explanation:

1-Preparation of the journal entry to establish the Petty Cash fund

Sep 09

Dr Petty cash $410

Cr Cash $410

2- Preparation of the journal entry to Record the reimbursement of the petty cash fund.

Sep 30

Dr Merchandise inventory $59

Dr Postage expense $74

Dr Miscellaneous expenses $144

Dr Cash short and over $13

Cr Cash $290

($59+$74+144+$13)

3- Preparation of the journal entry to Record the increase of the petty cash fund

Oct 01

Dr Petty cash $30

Cr Cash $30

($410-$440)

5 0
3 years ago
The months-of-supply for an item in inventory will always be ______ the days-of-supply for the identical item.
pshichka [43]

It can be deduced that the months-of-supply for an item will be less than the days-of-supply.

<h3>What is supply?</h3>

Supply simply means the quantity of goods and services that a supplier or producer is willing to sell at a particular time and a given price.

The months-of-supply for an item in inventory will always be less than the days-of-supply for the identical item.

In conclusion, the correct option is less than.

Learn more about supply on:

brainly.com/question/25843620

7 0
2 years ago
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