LeBron James would have the absolute advantage in mowing the lawn. This is because he can get in done in two hours rather than the four hours it would take Neighbor Scotty to do it. However, he would have a much higher opportunity cost, which is why Neighbor Scotty has the comparative advantage. He may not be able to mow the lawn as quickly as Lebron, but he can do it with a lowe opportunity cost.
Compliance refers to the practice of ensuring that an organization's systems operate within required legal constraints, and organizational obligations.
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What is Compliance?</h3>
Compliance as used by Government,Industry and Business is defined as the state or practice of following established guidelines or specifications so as to align with the Specific standard of operation and procedures.
Some Regulatory compliance examples includes:
- Health Insurance Portability and Accountability Act (HIPAA)
- Federal Information Security Management Act (FISMA)
- Occupational Safety and Health Administration (OSHA).
It is therefore pertinent that Business and organisation adhere to specific guidelines to ensure smooth running of such organsations.
See more about Compliance: brainly.com/question/10555177
Banks proved extremely unstable, and we had a history of the rich holding most of it
The group can divide costs to each person providing the good when this group provides a collective good or service. By definition, a collective good or service are considered as goods and services that are provided and are readily available to the community. Examples of these are the health cares provided by the government.
Answer:
$125,000
Explanation:
The computation of the owner's capital balance at the end of the period is shown below:-
Owner's Capital balance at the end = Capital balance in the beginning + Additional investments + Net Income - Withdrawals
= $100,000 + 0 + $50,000 - $25,000
= $125,000
Therefore for computing the owner's capital balance at the end we simply applied the above formula.
