Answer:
C. Provided goods or services to a customer.
Explanation:
Book keeping is the act of recording financial transactions of a business on a day to day basis. The purpose is to keep concise and up-to-date record of the financial transactions.
Book keeping helps in analyzing finances, assist in planning and aids better decision making.
When revenue is recorded relating to a customer's transaction, it means that the company involved has provided goods or services to a customer. The recorded transaction is a proof of services provided and evidence that the transaction passed through the company's records.
Answer:
B. $2,600
Explanation:
The computation of the net rental income is shown below:
= Monthly rental payments × total number of months in a year - (utilities + maintenance & repairs + insurance) × percentage - depreciation expense
= $550 × 12 months - ($3,600 + $900 + $500) × 50% - $1,500
= $6,600 - $2,500 - $1,500
= $2,600
Since only one apartment is on rent so we considered the expenses of the building at 50% not full value and the same is applied above
Generally, a board member who is a source of information about a firm's day-to-day activities is classified as a(n)<u> inside </u>director.
A director is a person on the company's board of directors who acts as the governing body of the organization. The board of directors, often elected by the company's shareholders, creates policy for the company as a whole and oversees leadership positions in the organization. They guide, advise and run the organization.
Board members are part of the governing body of the organization. Committed to the long-term interests of the organization, they meet regularly to oversee and direct operations, set policy, approve business decisions, evaluate operating performance, and carry out fiduciary responsibilities.
The board membership application process includes several steps. In most corporate boards, a nominating committee interviews candidates and decides who should join the board. Board members then vote on whether to elect the candidate selected by the nominating committee.
Disclaimer: Learn more about board members here brainly.com/question/28140899
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Answer:
understate economic welfare, because it does not take into account increases in leisure
Explanation:
While GDP is often used as an index to assess the standard of living of a state or country, there are a number of limitations to this indicator. GDP does not take into account entertainment, health and education costs, off-market operations, nature of the environment etc.
Therefore the second option is correct
Answer:
C) Philanthropic model
Explanation:
Based on the information provided within the question it can be said that the model of CSR that reflects this line of thought would be the Philanthropic model. This model reflects an effort or the desire within a large organization or corporation to improve human welfare through large scale charitable actions. Which is what this passage is stating that the organizations should do, and not for the obligations of the law, but instead go above and beyond because it is the right thing to do.
