Answer: Assets are listed in descending order of liquidity
Explanation:
According to accountant principles, the assets are always listed starting with the most liquid asset. It has the special purpose of helping to the shareholders and company owners to know what assets are easily sold and become in cash flow. The most liquid asset is always the cash, it is the first in the list. Commonly the second asset listed is the inventory, then we have ththe realizable value ( it includes bonds, stocks and other stock market elements), followed by the elements available for sell, at the end we can find listed long term resources including fixed assets and intangible assets.
Answer:
Arron,the CEO of a multinational corporation believes that effective control in an organisation comes from each employee's internal motivation rather than from authoritarian control from top levels of management.In this scenario.Arron's beliefs are most consistent with <u>Human relations movement.</u>
<u>Explanation:</u> Human relations movement study the behavior of people.This movement originated from Dr .Elton Mayo's Hawthorne studies. According to this movement personal growth and development as well as goal setting for employees is essential for making business successful.
The organisations which overlook personal interest of employees cannot become successful. Hawthorne says that we can motivate the employees more by placing them in a team.
The employees of every organisation must communicate and convey information.They must understand the emotions of other employees.It will help in resolving various conflicts and arrive at the solutions quickly without wasting the time. It will improve relationships.
So human relation movement plays a very optimistic role in the success of a concern because an organisation's real assets are it's human resources.Without work force an organisation stands nowhere.
Answer:
A written warranty promises replacement or refund for defective products.
<u>Explanation:</u>
Risk is involved in all types of investment the higher risk yields higher returns while lower risk yields lower returns. The trade off which the investor faces in making investment decisions is the risk return trade off.
In insurance the cost of risk includes the expected losses which are uncertain. The trade off which is provided by insurance can be direct and indirect losses, internal risk reduction and residual uncertainty. Insurance reduces the expected losses and eliminate the risk of loss by providing cover the cost of which depends on the nature of the risk.
