Answer:
"Pension fund" is the appropriate solution.
Explanation:
The term "pension plan" for employers would be a recognized plan or organization which offers an amount of livelihood throughout pensions.
- Sometimes staff, potential employees, or sometimes both pay toward funding or contributions.
- Governments around the world throughout all concentrations give retirement compensation.
Thus the above is the correct answer.
Answer: False
Explanation:
The above statement that network marketing sales system works by recruiting independent businesspeople who act as distributors is wrong.
It is the multilevel marketing sales system works by recruiting independent businesspeople who then act as distributors.
Answer:
DR Interest receivable 26,400
CR Interest revenue 26,400
Explanation:
As first lease has already been paid, the amount left of the lease is;
= 280,000 - 40,000
=$240,000
Interest is 11% so the interest to be received in December is;
= 11% * 240,000
= $26,400
This will be debited to Interest receivable as it is money owed and credited to Interest revenue as it is money earned.
Answer:
Skunkworks
Explanation:
The term skunkworks is mostly used in business and also the technical fields to describe a group that is within an organization that has high autonomy and have tasks that requires them to work on advanced or secret projects. They are allowed to operate outside the usual processes such that they have the freedom to come up with new ideas.
Answer:
command economy
Explanation:
In a command economy, the government is the only determinant of what is to be produced, its quantity, and price. All the factors of production belong to the government. The government or the central authority creates a central plan that guides all country's economic activities and decisions.
The private sector is absent in a command economy. The government is the only employer. Citizens do not have the freedom to choose what to buy, but rather what is available.
