Rates for corporate outings is NOT an example of an FPRA rate
Explanation:
The FPRA is an agreement between an entrepreneur and a governmental agency in which some indirect charges are determined over a set period of time. All such rates are price forecasts used for cost agreements and contract changes.
By using an FPRA the contracting system can be accelerated by removing the need for audit and analysis of rates. The Contracting Officer (COO) oversees the prices of the contracting party. The ACO should always be asked any questions about the prices. After a FPRA is reached, a copies of the agreement should always be provided for in any ensuing proposal.
Answer:
if foreign investment fell by 100% it would be totally eliminated, so it not possible for it to fall by more than 100%
Explanation:
Since in the question it is given that reduction of the western investment for the third world countries consist that foreign investment falls by 350% for the year 1990s
So if we go through the options, the wrong statement is the last one as it shows that the foreign investment fall by 100% i.e to be fully eliminated
Hence the other options are wrong
Answer:
Explanation:
A.
Equipment-from Lively $260,000
Accumulated Depreciation Dr.$80,000
Equipment-old Cr. $250,000
Cash Cr.$30,000
Gain on Exchange Cr.$60,000
B.
Equipment-from Lively (212,000-35,000) Dr.$177,000
Accumulated Depreciation Dr.$80,000
Loss on exchange (balancing figure) Dr.$23,000
Equipment old Cr.$250,000
Cash Cr.$30,000
Answer:
(a) Command
Explanation:
A command economy is also known as planned economy and it can be defined as a type of economy in which the government owns and control the means of production.
This ultimately implies that, in a command economy, the government owns the means of production.
Societies that operate a command economy generally practices communism.
Communism is a system of philosophical, political, social organization and economical ideologies that advocates the elimination of private property but a profit-based economy with public ownership of the means of production.
It ultimately aims to ensure each person contributes and receives according to their abilities and needs.
Vietnam, China and Cuba are examples of communist countries that operate a command economy.
In conclusion, a command economy requires that the method of exchange, distribution, as well as the means of production of goods and services and allocation of resources for production should be controlled or regulated by the public (government) rather than the private sector.