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Scrat [10]
3 years ago
5

What is the term used to describe an organization in which positions are awarded based on one's ability and skill?

Business
1 answer:
kykrilka [37]3 years ago
7 0
The term you're looking for is meritocracy.
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A company normally sells its product for $20 per unit. However, the selling price has fallen to $15 per unit. This company's cur
nata0808 [166]

Answer:

$200 (a deduction)

Explanation:

The accounting standard for inventories IAS 2 requires that inventory be carried at the lower of cost or net realizable value. Inventory will initially be recognized at the cost ( which includes the cost of the item and other associated cost such as freight ). However, its carrying amount must be reviewed to ensure it is not higher than the realizable value.

Given that the selling price is now $15 which is lower than the cost of $16, it means that the amount that can be realized from the sale of a unit is $15.

= $16 - $15

= $1

As such, an adjustment in form of a reduction of the carrying amount of $1 per unit is required. The amount of the lower cost of market adjustment the company must make as a result of this decline in value

= $1 × 200 units

= $200 (a deduction)

8 0
2 years ago
After a strong hurricane lashed the Caribbean last year, many impacted countries were forced to borrow money for repairs. Which
LenKa [72]

Answer: World bank

Explanation:

5 0
2 years ago
Occurs when people give up something in order to receive something that they would rather have?
kap26 [50]
That would probably be trade. :)
3 0
2 years ago
During the purchase decision process, an individual at the __________ stage will perceive differences between his or her ideal a
Dimas [21]

Answer:

"Problem recognition" is the correct answer.

Explanation:

  • An empirical investigation has said that the initial phase of the development procedure of the customer and therefore its approach to buying seems to be the acknowledgment of problems that arise when consumers realize that perhaps the problem would also have to be solved.
  • This is whenever the customer sees a requirement and is driven to rectify the conflicts.
3 0
2 years ago
An inventory system answers two important questions: when to order and how much to order. Which of the following statements corr
Sholpan [36]

Answer:

The answer is letter D

Explanation:

Under a P system, an order is placed to replenish the inventory position up to the target level T every P time periods.

3 0
3 years ago
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