Answer:
C is the correct option
Explanation:
Opportunity cost is a concept of Macroeconomic theory. It is also known as an alternative cost. It is the value of what one gives up to choose something else. In simple terms, we can say that it is the value of the road not taken. In the above question, the value of the activities one had to leave to attend the economics class woul be known as the Opprtunity cost.
Answer:
<u>E) recruitment and selection</u>
<u>Explanation:</u>
The <u>human resource department </u>of an organization is responsible for assigning tax to employees after recruitment based on their abilities.
Hence, the human resource team at ICS Inc needs to improve on filling the gaps in the organization or selecting the best employee for a particular job. This role involves providing clarity regarding the tasks employees are required to perform.
Answer:
$70,000
Explanation:
cash flows from investing activities generally refers to money made or spent on long-term assets the company has purchased or sold. Investing transactions generate cash outflows, such as capital expenditures for plant, property and equipment, business acquisitions and the purchase of investment securities. Inflows come from the sale of non- current assets such as machines and equipment, businesses and investment securities. For investors, the most important item in this category is capital expenditures, made to ensure the proper maintenance of, and additions to, a company's physical assets to support its efficient operation and competitiveness.
So based on the above discussion, the amount that should be reported in cash flow from investing activities is cash inflow from purchase of machine which is "$70,000"
Answer: Proper decision making
Explanation: Information is key factor when a business manager needs to make proper decisions.
The manager needs to get all the available charts, analysis, projections about a particular business to be taken. Poor information would increase the likelihood of business failure.
Answer:
A real account is a publicly generalized account that does not close at the end of the considered year. Apparently, the balances in real accounts are carried over to become the start of balances of the next period. Real accounts are also permanent accounts.
