Answer: a. Liabilities increased by $1.0 million in 2018
Explanation:
In 2018, $9 million was used to settle the wage debt of 2017 and the remainder was used to settle the wages in 2018.
The money remaining in cash after the wage settlement was:
= 9,000,000 - 2,000,000 - 8,000,000
= -$1,000,000
This means that $1,000,000 of wages was not settled in 2018 which means that this would have to go to the Wages Payable account to signify that the company owes wages.
This account is a liability account so liabilities in 2018 would increase by $1,000,000.
Answer: Option (iv) is correct.
Explanation:
Frictional unemployment is always present in an economy. Frictional unemployment occur because of the transitions in the employment of the individuals. It is included in the natural unemployment, because it shows the minimum level of unemployment in the economy.
When a person quit his first job and looking for a new job, this is known as frictional unemployment.
So, option(iv) is correct.
Answer:
Explanation:
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True, profits of a large corporation are taxed twice, once a corporate income and again as personal income of stockholders. This is because the corporation is taxed when they earn the profit but then the stockholders are taxed as it is paid out as income/earnings.
Studies of bias in the media have reached different conclusions: some found a liberal bias, while others found a conservative bias. The correct answer is option(a).
Bias is an unequal burden friendly or against a plan or thing, normally in a habit that is to say stubborn, undermining, or prejudiced. Biases may be native or learned. People concede the possibility cultivate biases for or against an individual, a group, or an assumption. In learning and metallurgy, a bias is an orderly mistake.
Three types of bias may be distinguished: news bias, option bias, and confusion. These three types of bias and their potential answers are debated utilizing differing instances. In cognitive attitude and conclusion wisdom, orthodoxy or conservative bias is a bias that refers to the bias to correct one's faith barely when bestowed accompanying new evidence.
To know more about bias refer to:
brainly.com/question/4540984
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