Answer:
a. The product must be sold
Explanation:
Total revenue and total expenses are recorded in the income statement.
If the total income exceeds than the total expenditure then the company earns net income And if the total income is less than the total expenditure then the company has a net loss.
The product includes direct material cost, direct labor cost ,and the manufacturing overhead cost. If the product cost is not sold then it is shown in the asset side of the balance sheet as an inventory
And, if the product is sold, the same is subtracted from the cost of goods sold and shown in the income statement
<u>Answer:</u>
<em>It will increase acceptance of the plan
</em>
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<u>Explanation:</u>
Group decision making can be a successful method to urge colleagues to share their encounters, instruction, and points of view in a sheltered domain to promote the objectives of an individual or expert group. You can exploit different suppositions to locate a superior decision.
The sharing of data among bunch individuals is another bit of leeway of the cooperative choice-making process. Collective choices consider a more extensive extent of data since each gathering part may contribute one of a kind data and ability. Sharing data can expand understanding, explain issues, and encourage development toward an aggregate choice.
Answer:
Unemployment is defined as a situation in which a person wants to be employed but is not able to get a job.
Explanation:
Option C is the correct answer that perfectly describes unemployment. it occurs when a person is willing to work but due to recession or bad economic conditions is unable to find a job. it is commonly encountered by those people, who are looking for job in high number but due to non availability of job are unemployed.
Answer: It involves the movement, over generations, of the bulk of jobs from agriculture to manufacturing and service industries
Explanation:
Development involves the movement, over generations, of the bulk of jobs from agriculture to manufacturing and service industries. Technology is also influenced by technological change.
The least developed countries have most of their populations employed in the primary sector like agriculture and haven't completed the transition from manufacturing to services and have not yet entered the information age.
