Answer:
b.accountability principle
Explanation:
Accountability principle states that a person should be responsible for their actions, products, decisions, and policies in administration and governance.
It is answerability, blameworthiness, liability, and the responsibility to give account of actions within one's jurisdiction. It entails taking ownership of consequences of one's actions.
In internal control accountability acts as a deterrent for noncompliance to laid down procedures, as each person is answerable for his failing in implementing organisation policies.
Answer:
royalties
Explanation:
Based on the scenario being described within the question it can be said that in the context of business these obligations are referred to as royalties. Royalties are shared obligations in which the franchisee agrees to pay the franchisor part of the profits that they make from using their brand name or products. Such as is being illustrated in this scenario.
Answer:
Correct answer is C (just took the test)
Explanation:
Answer:
(1) $30,000 + $12x
(2) $50x
(3) $38x - $30,000
(4) 790 CD's to break even
Explanation:
Given that,
Variable cost = $12 per CD
Fixed cost = $30,000
Selling price = $50 each
Let x be the number of CD's produced,
(1) Total cost function:
C(x) = Fixed cost + Variable cost
= $30,000 + $12x
(2) Total revenue:
R(x) = Units produced × selling price of each unit
= $50x
(3) Total profit:
P(x) = R(x) - C(x)
= $50x - ($30,000 + $12x)
= $50x - $30,000 - $12x
= $38x - $30,000
(4) Number of CD's which must be produced to break even:
Total profit = 0
$38x - $30,000 = 0
x = $30,000 ÷ $38
= 789.47 or 790 CD's to break even.
Answer: The correct answer is " in order A, B, C and D".
Explanation: The sequence of letters that represents the correct order of the four steps in the user needs analysis process is:
- Understand the organization's goals.
- Identify sources of information.
- Investigate alternatives to the current system.
- Make a build-versus-buy decision.
