Answer:
The answer is: Modify
Explanation:
In Rashmi´s catering business, modify refers to changing the process in order to solve problems.
Rashmi must change her recipes so that the food she sells isn´t too spicy for his potential customers. Indian food is famous for being extra spicy, but American food isn´t so she must modify it to satisfy American taste.
Answer and Explanation:
The journal entries are shown below:
On Apr 2
Petty cash $290
To Cash $290
(Being the establishment of the petty cash fund is recorded)
For recording this we debited petty cash as it increased the cash and credited the cash as it reduced the assets
On Apr 10
Mail & Postage $62
Contributions and Donations $33
Meals & entertainment $114
Cash Short and Over $4 ($290 - $62 - $33 - $114 - $77)
To Cash $213
(Being the replenishment of the fund is recorded)
For recording this, we debited the mail & postage, contributions & donations, meals & entertainment as it increased the expenses and credited the cash as it reduced the assets and the balancing figure is debited to cash short and over
On Apr 11
Petty Cash $140 ($430 - $290)
To Cash $75
For recording this we debited petty cash as it increased the cash and credited the cash as it reduced the assets
C- they help get people’s opinions and day to day activities that they might do.
Answer:
The correct answer is option d.
Explanation:
Comparative advantage refers to the situation where an individual, firm or nation can produce a good at a relatively lower cost than its competitors.
Luke can bake bread at a relatively lower opportunity cost while Jason can produce paintings at a relatively lower opportunity cost.
This implies that Luke has a comparative advantage in baking bread and Jason has a comparative advantage in making paintings.
Luke specializes in baking bread and Jason specializes in making paintings.
Answer:
II: Insurance marketing systems include; General Agencies, Branch offices managed by employees of the company, and Personal; Producing General Agents (PPGA's).
Explanation:
Every insurance company has branch offices that operate on different regional levels that are managed and operated by employees.
General agencies are responsible for receiving insurance applications and negotiating and negotiating contracts on behalf of the insurance company.
Producing general agents (PPGA's) is a type of insurance agent that usually provides services to more than one insurance company and whose main duty is to sell as many policies as they can.
