Answer: Finite loading approach
Explanation: In a finite loading approach, the work centers are scheduled to load up to a predetermined capacity amount. This is a type of approach that is used in manufacturing process that are heavily dependent on a single cost center.
Thus, we can conclude that the right answer for the given case is finite loading approach.
Each type of employment has been matched with its definition thus:
- Frictional unemployment: Unemployment associated with workers who are between jobs
- Cyclical unemployment: Unemployment resulting from mismatches between employer needs and employee skills.
- Structural unemployment: Unemployment associated with the highs and lows of the business cycle.
There are different causes of employment. Frictional unemployment is the timeframe between the period an individual lost his job and seeks another.
Structural unemployment is a result of inconsistencies in the labor market.
Cyclical unemployment occurs when the demand from the employee is not met with the skills of the employer.
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The instrument that Shawn must use is “payable to the order of” before the name of the payee.
<h3>Requirements of Negotiability </h3>
- The first of the four major considerations is whether or not a paper is negotiable, and it is one that nonlawyers must address.
- Auditors, retailers, and financial institutions frequently handle notes and checks and must make quick decisions about negotiability.
- In a negotiable instrument, the only permissible promise or direction is to pay a particular sum of money. Any other promise or command renders negotiability null and void
- This restriction exists to prohibit an instrument from having an uncertain value.
- If the bearer of a negotiable instrument had to examine whether a provision or condition had been met before the thing had any value, the utility of the object as a substitute for money would be severely diminished.
Hence, the instrument that Shawn must use is “payable to the order of” before the name of the payee.
To learn more about the Negotiation instrument refer to:
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