Answer:
C. People accept it in exchange for goods or services.
Explanation:
Money is a type of thing that is valuable because we know people accept it. Money can be used to purchase goods, and many other things. According to Subjecto.com, " Money can be used to purchase goods and services even though it is no longer backed by gold. Security measures prevent counterfeiting but do not add value." Seeing this, the only answer reasonable is C.
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Answer: D. It increases the need for suppliers to deliver raw materials on time.
Explanation:
The just-in-time costing system is employed in the just-in-time management strategy that aims to minimize inventory, increase efficiency while decreasing waste by receiving goods only as needed for production. The just-in-time production process depends on steady production, high-quality workmanship, no event of machine breakdowns, reliable suppliers etc. As it aligns raw-material orders from suppliers directly with production schedules, it therefore increases the need for suppliers to deliver raw materials on time for production of orders.
Answer:
outsourcing
Explanation:
Outsourcing is the agreement between two companies where one company hired the other company for producing some specialized services it could be service agencies, agency partners, etc in order to save the cost and the time for a company
Since in the question the company hired an indian company for taking charge in the production area so this represent that the company is engaged in outsourcing
Answer:
$775
Explanation:
Calculation for Amy's tax basis in the stock received in the exchange
Using this formula
Tax basis in the Stock received Exchange = Tax basis - Liability on property transferred
Let plug in the formula
Tax basis in the Stock received Exchange=$970-$195
Tax basis in the Stock received Exchange = $775
Therefore Amy's TAX BASIS in the stock received in the exchange will be $775
If the price increases from $4 to $8 or doubles then demand will probably fall off accordingly by 50% to compensate for the big increase, unless of course the demanded amount is an absolute necessity and keeping in mind that for a self-employed person a higher cost of an item can be charged as a business expense and help reduce income at tax time and also having the right materials and equipment right away can increase revenue as well which can also help to offset the cost.
