Answer:
c. oportunity cost
Explanation:
Opportunity cost is the value lost as a result of preferring a particular option over the other. It occurs when an individual has to choose between two alternatives. For example, Jane can either stock 100 crates of soda or 80 packs of water. If shes chooses 80 boxes of water, the100 crates of soda represent the opportunity cost.
Answer:
1. If the depreciation is not recorded, expenses will be overstated. Net income will therefore be higher by the depreciation amount of $5,400.
2. One June 30, $34,000 was loaned out. Interest is 7%. This interest needs to be apportioned to 6 months in the year as interest revenue:
= [(7% * 34,000) / 12] * 6 months
= $1,190
If this is not recorded, interest revenue will not be recorded which means that Net income will be lower by $1,190.
3. This was for one year yet it was received on October 1. 3 months of the amount will have to be accounted for in the current period.
= (9,600/12) * 3
= $2,400
There must be revenue recognized of $2,400. If it is not recognized, Net income will be lower by $2,400.
In total, Net income will be higher (lower) by:
= 5,400 - 1,190 - 2,400
= $1,810
Higher by $1,810.
Answer:
lessen the lemons problem by reducing asymmetric information.
Explanation:
Since in the question it is mentioned that the Carfax offered a report on a cars that are used for $39.99. The information involves type of ownership, history, vehicle mileage, accident reports, and other type of information
Based on the above information, the markets lowered the lemon problem i.e. asymmetric information that represents the failure of information
<u>Answer: </u>Option 2
<u>Explanation:</u>
Total quality management is a strategy that is used by the business to reduce the errors by identifying them. The main aim of the strategy is to maintain the quality of the business. The efforts that is taken to improve customer satisfaction, increasing employee participation, improving supplier partnerships, and facilitating an organizational atmosphere of continuous quality improvement is called as Total quality management.
The overall final product or service delivered quality has to be perfect in this strategy. It is one of the success strategy that many organisations use.
Government of South Africa has tye owner of South African Broadcasting Corporation. Is the form of ownership.