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alex41 [277]
3 years ago
13

Private ownership differs from state ownership in that in private ownership _____.

Business
1 answer:
MAVERICK [17]3 years ago
5 0

Answer:

The correct answer is letter "A": maximizing profits is the primary objective of a firm.

Explanation:

Business private ownership mainly focuses on providing a good or service to a specific or diverse market with the ultimate goal of maximizing profits. Revenue is the reason why those companies exist. On the other hand, state property has the objective of protecting jobs and minimizing social issues.

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Ron Jones has been a trusted employee for over 10 years. He is responsible for ordering merchandise inventory, receiving the inv
ch4aika [34]

Answer:

Segregation of duties.

Explanation:

Segregation of duties -

The concept of segregation of duties is based on the shared responsibilities .

It refers to the method of assigning different person for different task , is referred to as segregation of duties .

It is the fundamental building block for running a business efficiently , in order to reduce any management risk .

In the business it is the major case of any fraud or error , as one person is responsible for maximum duties functioning in the business .

Therefore , it is import to divide various duties .

Hence , from the given scenario of the question,

The correct answer is segregation of duties .

5 0
2 years ago
Contribution margin per unit and break-even units LO P2 SBD Phone Company sells its waterproof phone case for $90 per unit. Fixe
anastassius [24]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Selling price= $90

Unitary variable cost= $36

Fixed costs= $135,000

First, we need to calculate the contribution margin per unit.

Contribution margin= selling price - unitary variable cost

Contribution margin= 90 - 36= $54

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 135,000 / 54

Break-even point in units= 2,500 units

8 0
3 years ago
As a marketing term, __________ generally includes not only physical goods, but also services and ideas. Multiple Choice marketi
steposvetlana [31]

Answer:

product

Explanation:

The product is an item that the company offer to its customer for buying the product. It is not only the goods that to be kept physically but it also consist of the services and ideas so that it become differentiate with the competitor. The product can be differentiate in terms of cost, quality, quantity, presentable form via having the innovative ideas

So, the 2nd last option is correct

8 0
2 years ago
On the basis of the following data for Breach Co. for the current and preceding years ended December 31, prepare a statement of
Zepler [3.9K]

Answer:

2. c. 66.982

See explaination

Explanation:

Please kindly check attachment for the step by step solution of the given problem.

7 0
3 years ago
What is double entries for debit note received
ivanzaharov [21]
The double entry<span> system of accounting or bookkeeping means that every business transaction will involve two accounts</span>
7 0
3 years ago
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