Correct/Complete Question:
The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces, political forces, and social forces. True or False
Answer:
True
Explanation:
The above forces, economic, political and social determine the answers to the three economic problems and also determines how economic forces operate in an economy. The three economic questions are;
- What goods and services should be produced?
- How should these goods and services be produced?
- Who consumes these goods and services?
Political forces are forces that influence the economic and political stability of the market. Social forces include cultural influences on the economic stability of the market. Economic forces on the other hand are the factors that determine/influence the competitiveness of the market in which a firm operates.
I hope this helps.
Answer:
$1,034.88
Explanation:
Aden total pay will be
regular hours worked x regular pay
=40 hrs x $15.68
=$627.2
Overtime hours
Saturday rate :$15.68 x 1.5 =$23.52
Hours worked on Saturday= 8 hrs
Saturday pay = $15.68 x 8
=$188.16
Sunday rate : $15.68 x 2= $31.36
Hours worked on Sunday = 7
Sunday pay = $31.36 x 7
=$219.
Total pay =$627.2 + $188.16 +$219.52
=$1,034.88
Here, the five elements include all of the following except- None of these choices are correct
<h3><u>
What are the five elements of internal control ?</u></h3>
Different internal control systems function with varying degrees of efficacy. A judgment on an internal control system's effectiveness is made after evaluating if each of the five components -
- Control Environment-The tone of an institution is defined by the control environment created by the organization's management, which also has an impact on the individuals who work there.
- Risk Assessment-Every entity must evaluate the many risks it confronts from both internal and external sources. Setting up objectives that are internally consistent and related at various levels is a prerequisite for risk assessment.
- Control Activities-The rules and practices that guarantee management directions are followed are known as control activities. They aid in ensuring that the required steps are made to address risks preventing the entity from achieving its goals.
- Information and Communication-Relevant information must be located, recorded, and disseminated in a way and at a pace that makes it possible for recipients to fulfill their duties. Effective communication must flow up, down, and throughout the company in a wide sense.
- Monitoring-Regular management and supervision tasks, as well as other actions staff members do while carrying out their jobs, constitute ongoing monitoring, which evaluates the effectiveness of internal control system performance.
To know more about the concept of internal control, refer to: brainly.com/question/15318839
#SPJ4
Answer:
Explanation:
Ethics demands reasons to be given for changing from one depreciation method to another. There are three depreciation methods that are applicable including double-declining balance technique, unit of production technique, and straight-line technique.
Changing from one depreciation method to another must be done in the best interests of shareholders and reasons for such a change must be disclosed. Therefore, ethics requires a company to reveal the changes in depreciation method and adhere to the accounting principles related to the method used.
Answer:
66.67
%
Explanation:
The computation of the percentage of the portfolio should be invested in Treasury bills is shown below:-
Let us assume beta be x
So the equation would be
Percentage of portfolio = x × (Beta of stock) + (1 - x) × (Beta of T - Bills) - 1
= x × (1.5) + (1 - x) × (Beta of T - Bills) - 1
1.5x + (1 - x) × (Beta of T - Bills) - 1
1.5x + 0 = 1
x = 1 ÷ 1.5
= 0.67
or
= 66.67%
