Answer: Civics is the study of the rights and duties of citizens.
Explanation:
Answer:
Among the advantages of skill-based pay are the following:
Flexibility is increased by encouraging the performance of multiple tasks. It enables job rotation, and filling of temporary vacancies due, for instance, to absenteeism. It therefore contributes to a leaner workforce.
Explanation:
Answer:
C. Stay Open because Shutting Down would be More Expensive
Explanation:
Although it is quite obvious that in the short-run the business is not breaking even, based on the available options, staying open will be the best current course of action. Staying open and seeing if the trend of things change in coming fiscal years or financial periods will be better than shutting down.
Shutting down takes alot of processes that are quite expensive. Some of the processes include
- The Decision to Close
- File dissolution documents
- Cancel registrations, permits, licenses, and business names
- Comply with employment and labor laws
- Resolve financial obligations
- Maintain adequate records
These processes are expensive and since the business does not know what is causing the inability to cover its entire costs, it should investigate and find ways of increasing its total revenue to cover its entire costs before deciding to shut down completely.
a. Shut Down- Shutting Down is More Expensive
b. Exit the Industry- There isn't enough information to know exactly why the business is not making a profit
Quality Control (QC) is a way to be sure that products or services are acceptable to customers.
Quality control is a process wherein companies review the quality of goods and services based on a set of quality standards.
The set quality standards are usually derived from information gathered from clients, customers, and authorized departments on what the quality of goods and services should be.
Products and services which passed quality control ensures that these are acceptable to customers.
Answer:
The Russell Company's net income would be $64,440
Explanation:
The computation of adjusted net income is shown below:
= Net income - office supplies used + service performed for clients - interest accrued to bank
= $66,000 - $2,160 + $2,640 - $2,040
= $64,440
The office supplies are an expense so it is deducted
The service performed is an unearned revenue which is an income so it will be added
And, the interest is accrued to the bank which is also an expense so it will also be deducted. If the question says from the point of the lender, so it will be added.
Hence, the Russell Company's net income would be $64,440
