Answer:
The correct answer here is Credential society.
Explanation:
Randal Collins, who was a sociologist was the first to observe that many of the industrialized nations have become credential societies, which means in such societies employers will hire those individuals who have a degree. Employers here are hiring individuals with degree because they think these individuals have shown consistency, they're more skillful, responsible and posses some specialized knowledge. Employers think individuals with qualities would be more valuable asset than others and they can do work both effectively and efficiently.
Answer:
Explanation:
The given expression is
We need to resolve this into partial fraction.
The form of the partial fraction decomposition is
...(1)
On comparing both sides, we get
...(2)
...(3)
Subtract (2) from (3), we get
Put A=3 in (1).
Put A=3 and B=4 in (1).
Therefore,
.
Answer:
Since the average variable cost curve lies below the average total cost curve, this implies that the average variable cost is the lowest price at which the producer can sell.
If there is no possible output where the price would be at least equal to the average variable costs, the firm should cease production, because it is not going to recover its costs, not to talk about making a profit.
Explanation:
A firm's average variable cost is the total variable cost divided by the total output. For example, if the total variable cost for a particular product is $4,500 with a total output of 450 units, then the average variable cost is $10 ($4,500/450).
Answer:
a. Compare the details of cash receipts with journal entries.
b. Prepare a bank transfer schedule.
c. Confirm the terms of borrowing with the lenders agreement.
d. Send request to confirm the entity's account receivable balance.
e. Inspect payroll data of employees and cross check with the transaction recorded.
f. Obtain cut off bank statement to reconcile the transaction.
g. Examine the selected repair order and physically examine the equipment whether repair work is don or not.
h. Examine the supporting documents for the invoice such as purchase order, goods received note and Purchase requisitions.
i. Inspect the payroll endorsements for similar handwriting.
Explanation:
Audit is mandatory for all the companies. The verified financial statements are considered as reliable because they are rechecked by the auditors and if any error or fraud is found it is immediately corrected and rectified. Audit is a critical process which involves objectivity and integrity of a person. The auditors must be independent and they should not have any familiarity with the business employees or owners.
Answer: $26,600.
$26,600 = $24,000 + ($1,300 × 2). The married joint standard deduction is increased for $1,300 for each blind and/or taxpayer age 65 by year-end.
Explanation:
