Answer:
$38,198
Explanation:
Recognization principle state that the total amount paid in the first year will be the sum of the amounts given as a whole which will inturn be considered as paid for the employees.
Therefore for the first year, the vacation pay and the pension right will be :
$23,125 +$15,073
=$38,198
Therefore the total cost of vacation pay and pension rights to be recognized in the first year will be $38,198
The term that best fits the blank above is HOT SITE. A hot site is very useful once a business experiences disaster in the recovery service. This allows the business to still resume in utilizing computer operations when a disaster happens. Therefore, it would be a great advantage to have a hot site or any equivalent to this.
Answer:
B. Cost-plus pricing.
Explanation:
This is explained to be a cost based pattern or unique strategy which is seen to ensure that costs are been covered in the sense that all pricing variables are seen to add some particular percentage to mark its price. It is seen in most cases is obviously seen to cover all cost of what exactly it is a customer is seen to have loved or valued in the said product.
Certain scenarios has shown that optimization is rare in the discussed topic' way to calculate a price, it shouldn't be your only way of finding price.
Answer:
Only the petty cashier is responsible for paying cash from the fund.
Explanation:
A petty cash fund can be regarded as small amount of cash that is kept on hand or kept in a locked drawer which could be used in payment for minor expenses. These expenses could be office supplies expenses or reimbursements. There should be periodic reconciliations for a petty cash fund, and the transactions should also be recorded on the financial statements. As regards to petty cash fund used in a business, Only the petty cashier is responsible for paying cash from the fund.
Answer: Social commitment
Explanation: Social commitment is defined as the commitment or burden of the members of a society, whether they are members of a group or as individuals.
When there is a social commitment, people agree and reach a decision in order to fulfill what has been agreed. Regardless of the decisions that have been made as a group, once they are made it is important that they are followed and that everyone does their part.
