It is the location from where the business is performed primarily.
Explanation:
If a business runs from multiple places or has many factories all over, the primary address is the headquarters or office that manages all these different avenues.
<u>Primary business address is always the center of a particular business. </u>
<u>It must be written like any address but can be seen as different from the registered address of the company.</u>
This is the address used for contact by all clients and other business.
Answer:
The amount to be reported as net amount of revenue in the current year from the pledge drive is $870,000 option B
Explanation:
The net amount amount of revenue the society should recognize in the current year from this pledge drive is the actual collected plus the remainder of the pledge which is $300,000 minus the provision for uncollectible pledge i.e 10%*$300,000
The net amount of revenue=$600,000+$300,000-(10%*$300,000)=$870,000
The correct option is B,net amount of revenue of $870,000 recognized
Options:
A. Public prosecutor
B. Government Accountant
C. Internal auditor
D. Public accountant
Answer: C. Internal Auditor.
Explanation: An Auditor is a professional whose main responsibility is to evaluate processes or systems in order to determine and expose areas where losses or failures are taking place in order to mitigate or correct these losses and failures. There are two types of Auditors, which includes INTERNAL AUDITOR (An Auditor employed by a firm to continuously audit its processes,accounts or system) and EXTERNAL AUDITOR(An Auditor contracted from external bodies in order to audit a firm).
Answer:
The correct answer is C. Shows the maximum attainable combinations of two goods that may be produced with available resources.
Explanation:
The Production Possibilitiy Frontier (PPF) shows the most optimal usage of a a limited amount of resources to produce two separate goods and obtain the maximum production output possible. This theory is applicable only to the production of 2 products and demonstrates the concept of cost of opportunity. Producing more of one of the products means producing less of the other, as the resources are scarce.
Answer:
stable because at this price the quantity demanded equals the quantity supplied.
Explanation:
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
Generally, the equilibrium price is generally said to be stable because at this price, the quantity of goods or services demanded is equal to the quantity of goods or services supplied to the consumers.
