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Cloud [144]
4 years ago
5

Which of the following is NOT included when calculating gross income?

Business
1 answer:
jekas [21]4 years ago
7 0

Financial incomes other than scholarships can be included in the calculation of gross income.

<u>Explanation: </u>

The gross revenue, cost of sold goods marks the gross income for a business which is also known as gross margin. It does not include all the other costs in running the business.

For an individual, gross income is the total financial income that he/she receives before paying tax or other deductions is known as gross income or gross pay. It not only includes wages and salary but also the other incomes namely alimony, pension, tips, rental income, investment income, capital gains and dividends.

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What are the quantitative and qualitative techniques available to help planning
RSB [31]

Answer:

Common quantitative methods include experiments, observations recorded as numbers, and surveys with closed-ended questions. ... Common qualitative methods include interviews with open-ended questions, observations described in words, and literature reviews that explore concepts and theories

Explanation:

6 0
3 years ago
The two most common forms of representative participation are ________ and board representatives. employee unions work councils
11111nata11111 [884]

Answer:

The correct answer is B) work councils.

Explanation:

The work councils are responsible for energizing the internal functioning of organizations and are a meeting point where professionals from functional areas of companies share, discuss and agree on proposals that reverse business and sector improvement.

6 0
3 years ago
The substitution effect of an increase in the price of Raisin Bran refers to Select one: a. the decrease in the demand for Raisi
EleoNora [17]

Answer:

the fact that the higher price of Raisin Bran relative to its substitutes, such as Cheerios, causes consumers to buy less Raisin Bran.

Explanation:

the substitution effect arises when as a result of a rise in the price of a good, the good becomes more expensive relative to its substitutes. Consumers not consume less of the good and more of the substitute. This leads to a movement up along the demand curve for that goods and not a movement along the demand curve for the good and not a shift of the demand curve.

If the price of the good increases. The good becomes cheaper when compared with substitutes. As a result, the demand for the good increases while that of the substitutes decreases.

The income effect is when an increase in price lowers consumer's purchasing power, holding money income constant.

5 0
3 years ago
A flexible budget for 15,000 hours revealed variable manufacturing overhead of $90,000 and fixed manufacturing overhead of $120,
Ket [755]

Answer:

B. $270,000.

Explanation:

The computation of the total overhead cost is shown below:

But before that first we have to find out the variable overhead per hour which is

= $90,000 ÷ 15,000

= $6 per hour

Now

Variable overhead for 25,000 hours is

= $6 per hour × 25,000

= $150,000

So,

Total overhead cost is  

= Variable overhead for 25,000 hours + Fixed overhead cost

= $150,000 + $120,000

= $270,000

hence, the correct option is B. $270,000

6 0
3 years ago
In the context of factors that influence the motivation to learn, when an organization seeks to convince employees that they can
BabaBlast [244]

Answer:

D. The Self-efficacy of employees.

Explanation:

Self-efficacy refers to what you believe about yourself, rather than how you truly are. An employee with low self-efficacy runs the risk of performing tasks below her actual ability level because she believes she can only perform to that level, and she may not recognize her aptitude to do the work.

Organizational leaders and performance managers use the term self-efficacy to describe an individuals' belief in their own ability to successfully complete a task. ... All employees should be assigned tasks that are the best possible fit for their knowledge, skills, and abilities.

5 0
3 years ago
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