Answer:
The correct answer is letter "D": Andy Friese was formerly employed at Reliable Auto. He has been out of work for six months, and he gave up looking for work over a month ago.
Explanation:
A discouraged worker can be defined as an individual who is not in the labor force, who is willing and capable to join it but has been unemployed since the last time that person had a job for more than 12 months and who has stopped looking for a job somewhere in the past 4 weeks.
Discouraged workers are mainly those that cannot find a job suitable for their skills and who are not willing to secure a job where their skills would be underappreciated. Then, <em>as Andy has given up looking for a job in the past 4 weeks and is not currently in the labor force, he can be considered a discouraged worker.</em>
150,000e^(0.055)(15)
342,282.114799
Subtract the two monthly payments
342,282.11-2,451.26
339830.85
The acid test ratio for the firm as on 31st December 2019 will be 0.85 as per the information contained under the balance sheet.
<h3>What is acid-test ratio?</h3>
The ratio, which is derived by the division of the current assets less inventories with the current liabilities of the firm, is known as the acid-test or quick ratio.
Using the formula and given information, the acid-test ratio will be computed as,
Hence, the acid-test ratio is as computed above.
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Answer:
d. the suspense account
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
In Financial accounting, if a trial balance totals do not agree, the difference must be entered in the suspense account
Answer: Like minded employees have difficulty offering fresh perspectives.
Explanation: The attraction - selection - attrition framework, or ASA framework is a model that states that people within a workplace are a function of 3 interellated elements: attraction, selection and attrition. It basically goes on to say that individuals are attracted to, selected by and kept in organisations by other employees who have the same psychological attributes as themselves. The ASA framework is then able to define the nature, processes, culture, and structure of the organisation by determining the types of individuals who work in the organisation.
