Answer:
The correct answer is letter "B": Centralization of authority.
Explanation:
Centralization of authority takes place in companies where high-rank executives take most or all the decisions regarding the operations. Employees voice is not heard under this approach. Managers tend to implement this strategy when they pretend to minimize the percentage of mistakes incurred in the firm. The organization of the company tends to be bureaucratic.
Option C. When tests are used as part of the selection process, care must be taken to ensure that the test being used is both valid and reliable. A test is reliable if it consistently creates or measures accurate results time after time.
<h3>What is meant by reliability?</h3>
This is the term that is used to refer to the fact that the test is consistent and if it is replicated over and over again it is still going to keep producing the same results as it first did.
Reliability is one of the attributes or characteristics of a good test or research. Hence we can conclude that When tests are used as part of the selection process, care must be taken to ensure that the test being used is both valid and reliable. A test is reliable if it consistently creates or measures accurate results time after time.
Reda more on reliability here: brainly.com/question/1265793
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Answer:
c. escalator clauses
Explanation:
Based on the information provided within the question it can be said that the term being described is called an escalator clause. Like mentioned in the question this term refers to a clause within a contract that allows for an increase in in the price or wage stated in the contract but only under the specific conditions stated.
Answer:
Monopoly
Oligopoly
monopolistic competition
Perfect competition
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
examples of monopolistic competition are restaurants
A monopoly is when there is only one firm operating in an industry. there is usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.
An example of a monopoly is an utility company
An oligopoly is when there are few large firms operating in an industry. there is high barriers to entry and exit of firms
Answer:
The predetermined overhead rate based on machine hours is $62
Explanation:

We will distribute the expected overhead cost over the costdriver. In this case, machine hours.
15,500,000/250,000 = 62
each machine hour carries 62 dollars of overhead.
The actual machine hours are used to determinate the applied overhead. While the actual cost it is compared with the applied to look for underapplication or overapplication.