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Rina8888 [55]
4 years ago
10

Contracts are really only used for business; most people do not have contracts for their personal finances. true or false

Business
2 answers:
guapka [62]4 years ago
7 0

WRONG. the answer is FALSE! I just took the quiz.

mariarad [96]4 years ago
5 0

The answer is false.

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Denton and Carlo were employed at an appliance plant. Their job required them to do occasional maintenance work while standing o
Mumz [18]

Answer:

No, because they weren’t willing to risk their life to complete a task at the appliance plant. By law this is not safe working conditions and the people forcing employees to do this could be sued.

Explanation:

3 0
3 years ago
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In the short​ run, a firm in monopolistic competition​ ______. A. incurs an economic loss B. breaks even C. makes its output and
Dmitrij [34]

Answer:

D. always makes an economic profit

Explanation:

A monopolistically competitive markets consists of firms that sell differentiated products. In the market, there are free entry and free exist, but each firm enjoys a kind of monopoly its products which are the same to other products in the market but are different as a result of branding.

In the short run, the monopoly enjoys on the differentiated product enables the monopolistically competitive firm to make an economic profit. But due to free entry and exist in the market, the firm economic profit will be zero while it only make normal profit.

8 0
4 years ago
When a company uses a service organization to prepare its payroll, the company's auditors?
Andreyy89

When a company uses a service organization to prepare its payroll, the company's auditors need to understand the internal controls over the transaction regardless of the location of the control.

<h3>What is meant by payroll?</h3>

A payroll is a list of the employees of a company who are eligible for payments and other work perks, as well as the amounts that each person is supposed to receive.

Payroll is the process of paying employees of a business, which includes keeping track of hours worked, figuring out salaries, and sending checks or direct deposits to employees' bank accounts.

A Payroll Specialist with 2-3 years of work experience can earn an average income of up to 7 lakh per year. In addition, you may be eligible for a bonus between INR 30,000 and INR 40,000, based on your performance and work history.

Regardless of where the control is placed, the internal controls over the transaction must be understood by the company's auditors when the firm contracts a service provider to produce its payroll.

To learn more about payroll refer to:

brainly.com/question/1445562

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6 0
2 years ago
Which of the following results in positive benefits to individuals, the group, or the organization? a. Functional conflict b. Em
Mumz [18]

Intergroup conflict always results in positive benefits to individuals the group or the organization.

Explanation:

The social change, decision making, reconciliation, group unity and co operation are some of the positive effects of conflicts in an organization.

The advantages of conflicts are they create awareness for the existing problems. Then by discussing the conflicting views can provide better solutions and managing conflict is quicker and more efficient.

Intergroup conflict in an organization helps the people to come out with their own ideas with creative thinking.

An example for this conflicts are the problems between management and employee and between accounting and operations team, and between UI developers and backend team.

To resolve the problems in intergroup conflict people should openly discuss about the impact that the conflict has on productivity.

6 0
3 years ago
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Explain and evaluate the following statements:
ELEN [110]

Answer:

A) This statement refers to the fact that money is great as a medium of exchange, because it is accepted by people, and it's easy to tansport.

B) Money has three functions: as a store of value, as a unit of account, and as means of exchange. When a society thinks that something (be it coins, bills, cigarrettes) has those three functions, it becomes money.

C) The government issues treasure bonds that are bought by the central bank, the money the central bank pays from these bonds enters the market. Commercial banks also borrow from the central bank. These funds they borrow are used to make loans, and put more money in the market.

D) Money has value as long as it is exchanged for goods and services. Even if a person hoards money for a long period of time, that person does so because he or she expects the money to gain value, or because he or she wants to save for the future.

E) This statement is describing what inflation is. Inflation is the rate of price increase in time. When there is more money than goods and services in an economy, money itself loses value and all the prices expressed in monetary value increase.

F) The statement is true. If a central bank creates too much money, it will lead to inflation, or even hyperinflation.

4 0
4 years ago
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