Answer:
Exploration
Explanation:
Exploration or career exploration in the career development process can be described as a process of learning about different occupations or job titles exist and determining how they fit into the unique career preferences of a job seeker.
The unique career preferences include values, skills and interest which the job seeker intends for his career to satisfy.
Career exploration is usually carried out after or during the identification of career preferences by a job seeker via self-assessment.
Since the U.S. Department of Labor provides about 840 classifications of occupations, a visit to their website by Gary to carry out a research indicates that he is engaging in the exploration step of the career development process.
It is termed as Income Summary account.
<h3>Income summary account </h3>
The income summary account is a temporary account into which all income statement revenue and expense accounts are transferred at the end of an accounting period. The net amount transferred into the income summary account equals the net profit or net loss that the business incurred during the period.
The income summary account is recorded by debiting revenue accounts and crediting expense accounts. The balances of the transferred amounts should match with the net income or loss for the year.
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Answer:
Option (B) is correct.
Explanation:
1 pound = $1.60
1 pound = $1.50
So, there is a depreciation in the value of pound relative to the dollar and appreciation in the value of dollar relative to the pound.
Now, suppose a resident of united states purchase some quantity of goods(say, 20 shirts) from the seller in United kingdom.
Price of each shirt = 2 pounds
Hence,
Before the change in exchange rate, then the buyer have to pay in dollars:
= 20 × (2 × $1.60)
= 20 × 3.2
= $64
After the change in exchange rate, then the buyer have to pay in dollars:
= 20 × (2 × $1.50)
= 20 × 3
= $60
Hence, the amount paid by the resident of united states reduced because of the fall in exchange rate. Now, they have to pay less for the same amount of commodities. This shows that there is an appreciation in the currency of US relative to UK.
