a. at a price of zero, there will not be enough to satisfy everyone's desire for it.
A good or service is said to be scarce when at a price of zero, there will not be enough to satisfy everyone's desire for it. Scarcity is one of the pillars of economy as basically it says that we do desire certain goods because they are scarce, otherwise we are not interested in those goos as much as when they are scarce.
Answer:
Sales team
Explanation:
Looking at the growth that team team experienced , David and his sales colleague are forced to constantly change approach due to sales growth and increasing product complexity.
Now , if the primary duties of the customer relationship officer are order getting , order taking or sales support which are all the core functions of sales team , it is apparent that the changes and growth has also forced the sales team to be take over the function of customer relationship.
Answer:
b) an invoice approval initiates the recording of a purchase
Explanation:
A voucher system is used for the authorization of cash payments. Under such a system, a voucher is prepared stating what item is to be purchased, the account which would be charged and the amount of purchases.
Internal controls refer to the system of prevention and detection of frauds and misstatements by the management of an entity to ensure integrity of financial records and transactions.
A voucher system is one of the means of implementing internal controls whereby every purchase can only be processed by sanction of an authority who is authorized to pass the purchase. The voucher issuer and authorizing authority are of course different to ensure independence.
1. Divide price by quantity:
6/5 = 1.20 each
2. 3/2 = 1.50 each
3. profit/ loss = sold - purchased price
1.50 - 1.20 = 0.30 profit
1, or 100%.
There are 12 different cards, and all 12 of them have a number greater than 0, so the probability is 12/12, which can be simplified to 1.
