Answer:
The correct answer is option D.
Explanation:
A quota is a non-tariff restriction on trade. It is either a quantitative limit or a limit on the monetary value of products that can be traded. It a restriction imposed by the government to protect domestic producers from foreign competition.
In all the given examples the last one represents a quota. It is a limit on the number of products that can be imported.
If the driver were to get into a crash or accident that was not their fault
Answer:
The answer is B. is designed to match revenues and expenses.
Explanation:
Accrual Accounting method records revenues and expenses when they are incurred, regardless of when cash is received or paid.
Answer:
C. Ideal standards are better suited for cash budgeting than practical standards
Explanation:
The standards that basically handles no work interruptions or no machine breakdown is called ideal standards.
Answer:
$200 loss
Explanation:
The customer's paid in total $51 (market price) + $5 per share (put options) = $56 per share. If the investor exercises the put options, he/she will have a net loss of $55 (put option price) - $56 (cost) = -$1 per share. Since the investor had 200 shares, his/her total loss would equal -$1 x 200 = -$200