Answer: True
Explanation:
The statement that the four primary areas of the U.S. legislation deals with the human resource management concern labor relations, the compensation and benefits, the health and safety, and also equal employment opportunity" is true.
Employees should be managed properly and given the necessary conditions for them to thrive and succeed. The health and safety of workers is vital and should be adequately taken care of. Also, their benefits and compensation should be regularly reviewed and looked into in order to motivate workers and maximize productivity.
Answer:
b. inventory for $600
Explanation:
Before giving the answer, first we have to compute the amount which is shown below:
= (Purchase amount of inventory - the cost of returned goods) × discount rate
= ($33,000 - $3,000) × 2%
= $30,000 × 2%
= $600
Since the payment is made within 10 days. So, Elkins can avail of the 2% discount.
This transaction would credit the inventory for $600 as in the perpetual inventory method the amount of discount is adjusted to the inventory amount.
The journal entry is shown below:
Accounts payable A/c Dr $30,000
To Cash A/c $29,400
To Inventory A/c $600
(Being the amount is paid and the difference would be credited to the cash account)
<span>Traditional economies do not use money or currency as a medium for trade.
Instead, such economies would use barter as the main medium for trade. This means that people would simply exchange goods for goods, without using money.</span>
Answer:
This will increase pressure to cut down forests to make way for farming and housing. Higher population will lead to a greater consumption of non-renewable resources, leading to a faster depletion of natural resources. Higher population will lead to greater pollution levels in air, water and land
Answer:
<u>Socio economic</u> view
Explanation:
The socio economic view relates to viewing organizational decisions in the light of their both social and economic consequences.
The concept of corporate social responsibility relates to discharge of those social obligations which an enterprise owes to it's various stakeholders.
A business operates within social bounds and thus it becomes indispensable for a business to contribute to social good which could be in the form of amenities, providing better sanitation facilities or better infrastructure.
As per the socio- economic view, economic gains which represent economic profits and social gains as a measure of social betterment, both are inter related and a corporation must not view them as separate.