Answer:
b). one agent secures benefits that others pay for.
Explanation:
The free-rider problem is described as the problem when some individuals consume or take the benefit of a resource without paying for it. in this problem, one agent is being benefitted from the resources that the others are paying for. This creates a load on a shared resource and eventually causes market failure. In order to cope with this problem, the organizations must ensure a fair distribution of resources and their benefits as per the payment made by the agents. Therefore, option B is the correct answer.
Answer:
Trend Analysis helps to interpret the changes in account balances over certain period of time. Trends in percentages is presented in the table below.
* Excel solution is attached for your reference.
Explanation:
For Rotorua Product Ltd, data trends (in percentages) can be computed using the following formula:
Trend in % = (Current Year ÷ Base Year) × 100
where: Base Year is assumed to be Year 1
Year 1 Year 2 Year 3 Year 4 Year 5
Sales 100.0% 107.9% 112.0% 121.0% 127.7%
Current Assets
Cash 100.0% 132.5% 112.6% 90.1% 95.4%
Accounts receivable, net 100.0% 102.9% 107.1% 119.7% 136.8%
Inventory 100.0% 108.3% 104.2% 109.9% 113.6%
Total current assets 100.0% 108.1% 105.6% 111.8% 119.9%
Current liabilities 100.0% 108.5% 103.7% 105.5% 128.0%
Answer: A. STORAGE FACILITIES
Explanation: STORAGE FACILITIES are structures or systems put in place to Prevent the quick spoilage of a given product. Storage facilities are required for products that can easily deteriorate. With proper storage facilities or System the shelf life of the product can be Extended.
Businesses planning to market Al NATURAL PRODUCTS MUST INVEST IN STORAGE FACILITIES AS NATURAL PRODUCTS DETERIORATE EASILY IF NOT STORED PROPERLY. The storage facility can be in the form of COLD ROOMS for frozen Products or COOL DRY ENVIRONMENT for most processed foods etc.
Answer:
The correct answe is A basic guideline for safeguarding cash is to separate the duties of those who have custody of cash from those who keep cash records.
Explanation:
A separate management of the registry and custody functions will reduce fraud, since being two tasks where cash is handled, it is likely that if the same person performs both functions, they will end up diverting money for their convenience, which directly affects in the organization and would waste important resources that can be executed in other important areas.