Answer:
Correct Answer:
1. True
Explanation:
Taxes affect work activity directly through labor supply-and-demand channels and indirectly through government spending responses to available tax revenues.<em> It has been determined that higher tax rates on labor lead to less work time in the legal market sector.</em>
Answer:
The Journal entry is as follows:
On December 31st, 2021
Cash surrender value A/c Dr. $3,000
Insurance expense A/c Dr. $17,000
To cash A/c $20,000
(To record the payment of the insurance premium)
Working note:
Increase in cash surrender value of the policy:
= $15,000 - $12,000
= $3,000
Insurance expense:
= Annual premiums - Increase in cash surrender value of the policy
= $20,000 - $3,000
= $17,000
Answer: Barbara needs to look for running balance or the amount the has been recorded.
Answer:
The answer is Quality of information and Asymmetric information
Explanation:
Information quality is a multi-attribute concept, it is said to define the quality of information are of good quality or of high value then the information is said to have good quality.
Asymmetric information also regarded as "information failure" occurs in a business environment in which some agent in a trade possesses information while other agents involved in the same trade do not.
Answer: reflexivity
Explanation: In simple words, reflexivity refers to the ability of an individual to change its way of performing operations in its job as per the changing situations and needs.
Reflexivity helps an organisation to operate its business in constantly changing internal and external environment. At individual level it helps an employee to grow continuously as a reflexive individual will always be able to achieve their targets.
Hence from the above we can conclude that manager is trying to persuade his subordinates to be reflexive and adjust their purposes.