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Brut [27]
3 years ago
12

Pat has Been riding informal proposals for more than 20 years. At feels that many people forget the call for action and present

the reader with the offer prior to signing a binding contract. What component is Pat focusing on. A. Request for authorization B. Budget C. Introduction D. Background​
Business
1 answer:
Dafna1 [17]3 years ago
5 0

Answer:

D. Budget

Explanation:

Pat has Been riding informal proposals for more than 20 years. Pat feels that many people forget the call for action and present the reader with the offer prior to signing a binding contract.

This offer prior to signing a binding contract is a form of background work not an introduction neither is it request for authorization or budget.

It's not in the protocol of contract signing but it's a special way to have your contract signed.

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Oxford, Inc., which uses a process-cost accounting system, began operations on January 1 of the current year. The company incurs
Nookie1986 [14]

Answer:

3,000 physical units in the production

Explanation:

Given that,

Oxford started work on 3,000 units during the period

Units were 70% of the way through manufacturing

Therefore,

Physical units in the production = 3,000 units

Equivalently units of production is as follows:

= 70% of Physical units in the production

= 0.7 × 3,000 units

= 2,100 units

Hence, it would be correct to say that the company has 3,000 physical units in the production.

8 0
3 years ago
On January 1, Kirk Corporation had total assets of $864,000. During the month, the following activities occurred: Kirk Corporati
Whitepunk [10]

Answer:

The amount of total assets of Kirk Corporation at the end of the month is $ 871,400

Explanation:

Total assets at January 1 = $864,000

Equipment purchased = $ 7,400

Supplies purchased = $ 3,640

Cash paid for supplies = $ 3,640

Cost of land sold = $16,400

Cash received from Land sold = $16,400

Therefore total amount of cash out = $ 16,400 + $3,640 = $ $20,040

Total amount of cash in =  $ 7,400 + $ 3,640 + $16,400 = $27,440

Amount of total assets at the end of the month = $864,000 + $27,440 - $20,040 = $ 871,400

4 0
3 years ago
A front desk clerk at a ReView Hotel receives a call from a ReView Gold Rewards Member guest complaining that the wireless Inter
Lostsunrise [7]

Answer:

The desk clerk should offer the guest the use of the lobby wireless, which the clerk knows to be problem-free, along with a discount.

Explanation: in other to maintain the guest's cluster of satisfactions, The guest clerk should make sure that things are put in place for the guest satisfaction.

4 0
3 years ago
Read 2 more answers
If the lessor meets any one of the five Group I criteria, then the lessor classifies the lease as a(n) ________. If the lessor m
DENIUS [597]

Answer:

Sales type lease, direct financing lease, operating lease

Explanation:

A lease is a contractual agreement whereby the lessor(landlord) is paid for the use of his or her assets/properties by the lease(tenant). The assets that are usually leased are vehicles, buildings etc where payment is made for a specified period.

Sales type lease. Here, the dealer(landlord) earn interest revenue accrued plus the profit on the sale of asset. Whereas the profit is arrived at by deducting the selling price from the actual sales price . Profit is also earned and recognized at the beginning of the lease period.

Direct financing lease. The only benefit earned on this type of lease is the interest by the lessor-landlord. There is no profit or loss in the lease transaction. The actual value of leased asset is the same as the purchased value of the asset.

Operating lease is the combination of both sales type lease and direct financing lease. Here, the benefit of asset leased like yearly depreciation is claimed by the lessee-tenant . The ownership of leased asset must be transferred to the lessor at the end of agreed term subject to lessee having bargaining option. The lesse may however purchase the asset at a much reduced price say seventy five percent of the market value.

7 0
3 years ago
What measures can be taken by the primary sectors to increase it's contributions to GDP?​
Nezavi [6.7K]

Answer:

Explanation:

Economists and statisticians use several methods to track economic growth. The most well-known and frequently tracked is the gross domestic product (GDP). Over time, however, some economists have highlighted limitations and biases in the GDP calculation. Organizations such as the Bureau of Labor Statistics (BLS) and the Organization for Economic Co-operation and Development (OECD) also keep relative productivity metrics to gauge economic potential. Some suggest measuring economic growth through increases in the standard of living, although this can be tricky to quantify.

KEY TAKEAWAYS

Different methods, such as Gross National Product (GNP) and Gross Domestic Product (GDP) can be employed to assess economic growth.

Gross Domestic Product measures the value of goods and services produced by a nation.

Gross National Product measures the value of goods and services produced by a nation (GDP) and income from foreign investments.

Some economists posit that total spending is a consequence of productive output.

Although GDP is widely used, it, alone, does not indicate the health of an economy.

1:18

Why Is GDP So Important?

Gross Domestic Product

The gross domestic product is the logical extension of measuring economic growth in terms of monetary expenditures. If a statistician wants to understand the productive output of the steel industry, for example, he needs only to track the dollar value of all of the steel that entered the market during a specific period.

Combine the outputs of all industries, measured in terms of dollars spent or invested, and you get total production. At least that was the theory. Unfortunately, the tautology that expenditures equal sold-production does not actually measure relative productivity. The productive capacity of an economy does not grow because more dollars move around, an economy becomes more productive because resources are used more efficiently. In other words, economic growth needs to somehow measure the relationship between total resource inputs and total economic outputs.

The OECD described GDP as suffering from a number of statistical problems. Its solution was to use GDP to measure aggregate expenditures, which theoretically approximates the contributions of labor and output, and to use multi-factor productivity (MFP) to show the contribution of technical and organizational innovation.

1

Gross National Product

Those of a certain age may remember learning about the gross national product (GNP) as an economic indicator. Economists use GNP mainly to learn about the total income of a country's residents within a given period and how the residents use their income. GNP measures the total income accruing to the population over a specified amount of time. Unlike gross domestic product, it does not take into account income accruing to non-residents within that country’s territory; like GDP, it is only a measure of productivity, and it is not intended to be used as a measure of the welfare or happiness of a country.

The Bureau of Economic Analysis (BEA) used GNP as the primary indicator of US economic health until 1991. In 1991, the BEA began using GDP, which was already being used by the majority of other countries. The BEA cited an easier comparison of the United States with other economies as a primary reason for the change.

2

4 0
2 years ago
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