A person who doesn't lock doors or fix leaks presents morale hazard.
<h3>What is morale hazard?</h3>
It refers to an unconscious attitude of an individual who is indifferent to the loss of their personal property that is covered by insurance, since the insurance could cover the damages that have occurred.
Therefore, morale hazard is the change in behavior that comes from the subconscious, generating indifference about the loss of goods because they are covered by insurance.
Find out more about morale hazard here:
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Answer:
DR Bad Debts Expense $11,750
CR Accounts Receivable $11,750
<em>(To record accounts receivable written off)</em>
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Explanation;
Direct method of writing off involves removing the bad debt directly from the Accounts Receivable account instead of using the Allowance for Doubtful debt account.
Hi Jonathan, thanks for asking a question here.
The four Ms of resources in information systems are manpower, m<span>achinery, materials, and money.
Answer: Letter C </span>✅<span>
</span>Hope that helps! ★ If you have
further questions about this question or need more help, feel free to comment
below or post another question and send the link to me. -UnicornFudge aka Qamar
Answer:
effect on net income Δ12,000
It will increase by 12,000
Explanation:
special order 15,000 at $3.10
sales 3.10 - variable cost 2.3 = 0.8 contribution margin per unit
15,000 x 0.8 = 12,000 contribution
There are no increase on fixed cost or additional variable cost for shipping or setup for this special order.
Answer:
Jennifer earned more than her mother
Explanation:
Consumer Price Index (CPI) measures changes in the weighted average prices of a basket of consumer goods and services. It is calculated by taking price changes for each item in the basket of goods and services and then calculating the average. CPI can be used to index the effect of inflation in the real value of wages, salaries, and pensions; to regulate prices; and to deflate monetary magnitudes.
Given:
- Jennifer earns $55000 at her first job today.
- Jennifer mom used to make $15,000 at her first job in 1975.
- Today CPI is 231
- CPI in 1975 was 82
($15000/82) × 231 = $42256
($55000/231) × 82 = $19524
Jennifer earned more than her mother