Answer:
Option B is correct one.
<u>Slippery Slope</u>
Explanation:
A slippery slope argument, in logic, critical thinking, political rhetoric, and case-law, is often viewed as a logical fallacy in which a party asserts that a relatively small first step leads to a chain of related events culminating in some significant effect. Objecting an action using the argument that once it has been taken, it will lead to similar but less desirable actions.
Answer:
260 million. The answer is not in the available options.
Explanation:
Projected benefit obligation as at January 01, 2018 250
Add: Service cost 30
Add: Interest Cost (250*6%) 15
Less: Retiree benefits paid 35
Projected benefit obligation as at December 31, 2018 260
The correct option is C - Increase assets and increase liabilities
<u>Explanation:</u>
When anorganization purchases office supplies on account then it becomes essential to record such supplies as supplies on hand. Generally, in a business organization, the supllies on hand are used up within the span period of one year which means that they are to be recorded as current asset in the financial statement ( balance sheet). As no cash has been paid to merchandise, so it increases the liabilities also.
Therefore, it will increase the current assets and current liabilities.
Answer:
The answer is A. A Self employed person
Explanation:
An entrepreneur is a creative and innovative individual that generates idea and new invention and takes risk relating to a business entity with the hope that it will yield profit.
An entrepreneur manages a business enterprise with usually considerable initiative or risk. Entrepreneurs are self employed and own their business enterprise and bring new products and services to the market by seizing opportunities.
From the explanation of who an entrepreneur is the best possible option is A. A Self employed person
Banks can lend up to 90% of money on deposit in the bank to other clients.
The other 10% that the bank does not lend is called the "fractional reserve".
Now, by lending this 90% to a client, the money supply may increase based on the procedure below:
First client deposits 100$ in the bank
Bank lends 90$ to second client who deposits these 90$ in another bank
This other bank lends 81$ from the deposited 90$ to a third client who deposits them in a new bank.
The new bank lends 72.9$ out of these 81$ to a fourth clients who deposits them in a different bank......and so the cycle continues increasing the money supply
