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Pavlova-9 [17]
3 years ago
14

An elevator operator was a common job four decades ago, but few jobs remain today. The unemployment created by the introduction

of automatic elevators is:
Business
1 answer:
Eddi Din [679]3 years ago
3 0

Answer: Structural unemployment

Explanation:

Structural unemployment occurs when the skills needed by the job market are not the skills that unemployed people have.

It usually happens as a result of an improvement in technology because the technology introduced would make the skills that the previous workers had obsolete.

In this scenario, the introduction of more efficient elevators reduced the need for elevator operators so their skills were no longer needed and they became unemployed.

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The investment a company makes in training employees to perform their duties and redesigning products and processes to improve t
Andre45 [30]

Answer:

True

Explanation:

Prevention Cost is the cost which is incurred to avoid the loss due to defects in the products manufactured, here the cost incurred is as follows:

Training employees that is the benefit from training will be reducing cost and improving quality of the product, therefore, it will be considered as prevention costs.

Further cost incurred for redesigning products and processes will improve the quality of the product and the process therefore this cost can also be considered as prevention costs.

Final Answer

The above statement is true.

4 0
3 years ago
The following section is taken from Carla Vista's balance sheet at December 31, 2021. Current liabilities Interest payable $ 50,
navik [9.2K]

Answer:

(a) Journalize the payment of the bond interest on January 1, 2022.

Since no accrued interest has been recorded, we must journalize the interest expense.

Dr Interest expense - bonds payable 60,000

    Cr Cash 60,000

If the interest expense had been accrued by December 31 (like question C), then the journal entry should have been:

Dr Interest payable- bonds payable 60,000

    Cr Cash 60,000

(b) Assume that on January 1, 2022, after paying interest, Carla Vista calls bonds having a face value of $195,000. The call price is 109. Record the redemption of the bonds.

Dr Bonds payable 195,000

Dr Call premium expense 17,550

    Cr Cash 212,550

(c) Prepare the adjusting entry on December 31, 2022, to accrue the interest on the remaining bonds.

Dr Interest expense 40,500

    Cr Interest payable - bonds payable 40,500

7 0
4 years ago
Shay wanted to motivate her employees to perform at a higher rate. She has heard that you can pay employees for being more effic
Zolol [24]

Answer:

Taylorism

Explanation:

Taylorism is also known as

A set of ideas.

It is said to be scientific management. It was created or developed by Frederick Winslow Taylor, involving simple, coordinated operations in industry.

7 0
3 years ago
list five factors that might demand a particular job receive a higher wage than other jobs and explain why that factor should be
stiv31 [10]
Demand? No.

1.  Increased skillset THAT ALSO increases company profitability
2.  Increased experience THAT ALSO increases company profitability
3.  Increased need for particular employee to be profitable

3 0
4 years ago
Read 2 more answers
Larsen Corporation reported $200,000 in revenues in its 2020 financial statements, of which $66,000 will NOT be included in the
alina1380 [7]

Answer:

$16,500

Explanation:

Larsen Corporation

$66,000×0.25=$16,500

Larsen should $16,500 report for its deferred tax liability on its balance sheet at December 31, 2020 due to the fact that $66,000 will NOT be included in the tax return until 2021 in which the enacted tax rate is 25% for 2021

7 0
3 years ago
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