If you do t plan on having it for a long time, then you don’t have to worry about the maintenance issues and upkeep.
Answer:
Correct option is C
Explanation:
Increase in \alpha decreases πt - π(t-1) which shows decrease in natural rate of unemployment.
Phillips bend clarifies the connection between expansion rate and joblessness rate. As indicated by it there is a reverse connection between the joblessness rate and swelling rate. It implies there is an exchange off among expansion and joblessness rate.
The strategy ramifications of Phillips bend is that administration can't lessen swelling and joblessness together. It joblessness decreases, at that point the economy must acknowledge higher expansion. Then again, on the off chance that economy lessens expansion, at that point it must acknowledge higher joblessness.
When there is synchronous change in the swelling rate and joblessness rate then this is an instance of development along the short-run Phillips bend.
Then again, when either joblessness rate or swelling rate stays unaltered while different changes then it prompts moving of short-run Phillips bend.
Answer:
Explanation:
The journal entry will be:
Debit: Bad debt expense $2500
Credit: Allowance for doubtful $2500
Then, we will calculate the net amount of account receivable that should be included in current assets which will be:
Account receivable = $128000
Less: Allowance for doubtful = $500 + $2500 = $3000
Net amount of account receivable = $125000
Answer:
An error is unintentional, whereas fraud is intentional.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).
An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.
Thus, an audit of historical financial statements most commonly includes the balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.
Hence, the statement which is the most correct regarding errors and fraud is that, an error is an unintentional that can happen to any financial expert, whereas fraud is intentional.
Answer:
Identify whether each of the following events in this scenario occurs in the resource market or the product market.Event - Resource Market - /Product Market
1. Cho spends $10 to buy a box of aspirin.
Purchase of goods In the product market. Cho(families) purchase from a Firm
2. Bob spends $225 to purchase medical services from the Medical Clinic.
Purchase of services In the product market. Bob(families) purchase from a Firm
3. Cho earns $600 per week working for the Medical Clinic
Resource market. Families offer their labor to firm in exchange of cash
Inflow from a firm into households:
a. The $225 per week Bob earns working for Pillmart Pharmacy
c. The aspirin Cho receives The firm provide with output
Explanation:
A flow of goods or dollars from the firm (Medical Clinic) into the household:
would be either the services and good the clinic offers or the amount paid to the household for rent, wages and interest in return of the factor of production
