Revenue Recognition Principle
An accounting principle that states that a company should record revenues when they provide goods and services to customers.
Answer:SELF-MANAGED
Explanation: A self managed team is a team where only the members of the team or Organisation plans,organises and cordinate the Activities of the team or Organisation. This type of team is also known as a self-organised or self-controlled team or Organisation,as all management functions are rotated among the members of the team or organisation.
Self managed teams or Organisation is semi-autonomous of external parties, they depend on the personnel inside the Organisation.
Answer:
The correct answer to this question is A) because resources are not equally good in each production activity.
Explanation:
PPS or Production possibility frontier ( which is often as production possibility curve ) shows the possible combinations( of two products or services) with maximum outputs that can be produced in an economy when all the available resources are fully and efficiently used.
The reason why opportunity cost is increased while moving along PPS is because when we increase the output of one good , that means we are allocating more resources towards this good ,that means we will be left with the fewer resources to carry out the production of other good , so therefore the opportunity cost would increase.
Answer:
d. Kaizen blitz
Explanation:
Counter trade refers to a kind of international trade wherein goods and services are exchanged in return for goods and services instead of payment via a currency.
There are three types of countertrades namely,
- Barter
- Offset
- Counterpurchase
Barter is the oldest form of trade wherein goods were exchanged for goods. Offset is a countertrade wherein transactions are set off in future or off set. In counter purchase both parties agree to purchase and sell goods to one another under different contracts.
Kaizen Blitz isn't a form of counter trade.
Solution:
The calculation of interest rates using the financial calculator for these inputs;
PV = -$9,968,843;
PMT = $1,521,875;
N = 19;
FV = 0;
CPT I/Y = 13.9999% or approximately 14%
The discount rate used by the potential buyer is approximately 14%
