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erma4kov [3.2K]
4 years ago
14

The basic idea behind moral hazard is that ________.

Business
1 answer:
Kobotan [32]4 years ago
3 0

Answer: people tend to take more risks if they do not have to bear the costs of their behavior

Explanation:

Moral hazard is a form of reckless behavior by an individual who doesn't directly bear the cost of the reckless behavior.

Moral hazard takes several forms like the examples of : polluting waters with chemicals, throwing refuse into drainage, mismanagement of public amenities.

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The details concerning the costs incurred on each job order are accumulated in a work in process account and supported by a
tatiyna

Answer:

c. cost ledger

Explanation:

Cost ledger is an accounting document that maintains costs records relating to various nominal or real accounts.   Real accounts contain records of assets and property of a business. They include cash, furniture,  building, plant and machinery. Nominal accounts are concerned with profits, loss, and expenses.

A cost ledger classifies accumulated costs in different ways. The cost ledger is the principal ledger in cost accounting. It contains all sub accounts and is similar to the general ledger in financial accounts. Each job, process, product,  cost center,  or project is recorded in a separate account.

3 0
3 years ago
Mountain Excursions issues a bond due in 10 years with a stated interest rate of 7% and a face value of $200,000. Interest payme
-Dominant- [34]

Answer:

 $186,409.7  

Explanation:

The computation of the issue price of the bond is shown below:

Cash flows               Amount  PVF         Present value

Semi annual Interest   $,7000 13.59033 $95.132.31  

Maturity value     $200,000 0.456387 $91,277.4  

Price of bonds                                   $186,409.7  

The number of years is 20

And, the rate of interest is 4%

And please refer to the present value factor table

7 0
4 years ago
The price of pie increases. Some people who purchased pie before the price increase no longer purchase pie. This is A. a negativ
Murljashka [212]

Answer: Not an externality

     

Explanation: Externality refers to a situation when a decision made by one party affects the other unrelated party. That affect could be positive or adverse.

The given statement shows law of demand and not externality as the price is changed for the pies and not of any other unrelated product, thus, the demand of pie would obviously get affected.

5 0
4 years ago
A company's board of directors votes to declare a cash dividend of $1.00 per share on its 12,000 common shares outstanding. The
Studentka2010 [4]

Answer:

Debit Retained Earnings $12,000; credit Common Dividend Payable $12,000.

Explanation:

A cash dividend is the amount attributable to the common stockholders based on the company's performance. It is synonymous to their profit from common stock.

The cash dividend declared of $1.00 per share on its 12,000 common shares outstanding translated to $12,000 ($1.00 x 12,000 units). As at the time the company's board of directors voted to declare this cash dividend, an accrual has to be recorded in the books. And to achieve that, the above entries have to be recorded.

However, at the point of payment to the common stockholders, we have to <em>debit Common Dividend Payable and credit Cash.</em>

3 0
4 years ago
Human evolution is not always straightforward and the path to discovery is often riddled with surprises and unexplained finds. F
Nadusha1986 [10]

Answer:

The fossils found on Flores indicated:

(1) A small body size

(2) Another species of hominin

5 0
4 years ago
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