Answer:
III. I, II, III, and IV.
- I. It is part of the double-entry procedure that keeps the accounting equation in balance.
- II. It represents a decrease to assets.
- III. It represents an increase to liabilities.
- IV. It is on the right side of a T-account.
Explanation:
The debit-credit balance is necessary for maintaining the accounting equation in balance, i.e. all the debits must have a corresponding credit.
Asset accounts increase when they are debited and decrease when they are credited.
Liabilities accounts decrease when they are debited and increase when they are credited.
Debits are on the left side of a t-account and credits are on the right side.
Answer: Option B
Explanation: In simple words, efficiency theory states that direct monetary benefit is the best motivator for the worker and if the employer pays high wage then the worker will definitely work more efficiently.
It further states that higher wage will be covered by the extra benefit that the worker will provide with his or her performance.
Thus, the correct option is B.
Answer:
opportunity cost
Explanation:
When a firm uses retained profits to invest in more energy efficient equipment, an economist would calculate the opportunity cost of investing in physical capital.
Answer:
Hotel managers are responsible for managing employees and for planning, marketing , coordinating and administering hotel services such as catering and accommodation facilities.
Answer:
The Global Textile and
Garments Industry:
The Role of Information
and Communication
Technologies (ICTs)
in Exploiting the
Value Chain
Information and Communication
Technology (ICT) has an important role
to play as developing countries adjust
to the new era. These opportunities will
derive from the ability of ICTs to open
up parts of the supply chain (other than
basic manufacturing and processing)
to developing countries. This report
presents case studies of companies that
have successfully used ICTs to move,
for example, into higher-value activities
such as design and logistics, or to
access niche markets
