Option (a) is the best choice. Interest groups pay lobbyists to serve as their representatives.
<h3>What does interest group lobbying entail?</h3>
The act of lobbying is the direct approach taken by a lobbyist to influence public figures to promote the agenda of their clientele. The National Rifle Association is an illustrative lobbying organization. Interest groups are associations of people who get together for the purpose of influencing the government.
<h3>Why would a lobbyist be employed by an interest group?</h3>
Lobbyists are employed by interest groups to sway elected authorities. Access to public figures in all areas of government is sought after by lobbyists. By informing government officials about the interests of their group and engaging in grassroots lobbying, lobbyists attempt to sway policy. Many lobbyists have prior public service experience.
Learn more about Lobbyists: brainly.com/question/509906
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Answer:
Matching items with the appropriate descriptions:
A. Includes both financial and non-financial information for all areas of the business.
ERP
B. Uses accounting information for external reporting.
General Ledger System
C. Is a subset of the non-financial integrated accounting system.
Managerial Accounting
D. Includes the accounting part of the integrated information system.
General Ledger System
E. Uses accounting information for internal reporting.
Managerial Accounting
Explanation:
- General Ledger System. This system is where the financial accounting records of debit and credit are kept and summarized.
- ERP: "Enterprise Resource Planning” is the consolidated system for gathering and organizing business data, both financial and non-financial.
- Managerial Accounting: This is where internal accounting data are gathered and analyzed.
Answer:
A. shut down as fixed costs are not being covered.
Explanation:
Break-even point is a level at which the company has no profit no loss situation. Sales Excess from Break-even makes profit and short makes loss.
Sale Price = $3 per box
Variable Cost = $2 per box
Contribution margin = $3 - $1 = $1 per box
Fixed Cost = $125,000
Break-even point = $125,000 / $1 = 125,000 boxes
Sales = 100,000 units
Short from Break-even = 125,000 - 100,000 = 25,000 boxes
Loss = $25,000 x $1 = $25,000
CCC should shut down because even fixed cost is not being covered it is short by $25,000. So this product is making loss.
Answer: A person who owns and runs a business, which is normally a small business (eg. Shop Owner).
The sole trader has unlimited liability, meaning that his assets will be used in case of default to pay.
Answer:
The excess amount paid should be recognized as Goodwill.
Explanation:
Goodwill is the excess amount over net assets of the investee company, paid by investor to the shareholders of the investee company.
Goodwill is calculated as value paid to acquirer less fair value of net assets (fair value of assets minus fair value of liabilities).
