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pickupchik [31]
3 years ago
14

What is the collective responsibility? How is it useful?​

Business
1 answer:
boyakko [2]3 years ago
6 0

Answer: Collective responsibility is the convention whereby individual members of the government are held accountable for the actions and decisions of the government as a whole. It is a constitutional convention that has existed since the 18th century and is considered a cornerstone of cabinet government. It is important because if a minister takes a wrong decision he has representatives that can tell them that correction of rules should be held.

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The business earns $700 of consulting revenue. how would these earnings affect the total equity of a business?
son4ous [18]

Answer: An increase in revenue will be an increase in equity.

Explanation:

Consulting Revenue is the total/gross revenue earned by a consulting company in an year. It should exclude the cost of material and sub-contracts.

Suppose we earned consulting revenue of $700. So it will increase the total revenue of the business.

Total equity is gross /total of the investment in the company plus subsequent profit of the company. Along with it we will exclude all subsequent paid out.

Rise in revenue will uplift the net profit. Increase in revenue will result in increase in equity.

To know more about consulting revenue, refer to this link:

brainly.com/question/14811584

6 0
2 years ago
Read 2 more answers
Very recently, ink has been developed that will conduct electricity. The application for this ink is to print circuitry that can
puteri [66]

Answer:

C. Technological forces

Explanation:

Technology is the invention from applied sciences or engineering research, which in this case has lead to the reduction of the cost of RFID tags

6 0
3 years ago
Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies fo
Andre45 [30]

1. The missing amounts should be determined in the following manner:

On Company A. Materials inventory December 1 Materials inventory December 31-+Materi also purchased -Cost of direct materials

Off Company Total manufacturing costs incurred in December -Direct labor Cost of direct materials used in production -Factory

2. On Company's statement of goods manufactured should be prepared as follows:

On Company Statement of Goods Manufactured For the Month of December 2016 Materials inventory December 1 Add: Purchases Total

3. On Company's income statement should be prepared as follows:

On Company Income Statement For the Month of December 2016 Sales 1,127,000 827.400 299,600 Less: Operating expenses 117,600.

Learn more about income statements at

brainly.com/question/24498019

#SPJ4

5 0
2 years ago
One problem with the consumer price index stems from the fact that, over time, consumers tend to buy larger quantities of goods
Tcecarenko [31]

Answer:

Letter c is correct. <u>Substituition bias.</u>

Explanation:

Substitution bias is characterized as a problem regarding the price index of a particular good, as consumer behavior can be changed relative to the price of a particular good by changing its consumption from a more expensive product to a cheaper substitute product.

The concept of the substitution bias problem relates to consumer choice theory, which is a macroeconomic theory that describes consumer purchasing decisions and how changes in the environment influence their decisions.

6 0
3 years ago
Careers with adverse working conditions often demand higher wages. Adverse working conditions might include
Zepler [3.9K]

Answer:

uncomfortable environment

Explanation:

Adverse working conditions create challenges for employees as they execute their mandate. These conditions may result from extreme weather, either very hot such, extremely cold, floods, snow, or windy. Adverse conditions could also refer to security concerns in place of work.

Political unrest, high crime rate, and civil wars create adverse conditions. The nature of work can also make working a challenge.  Miners working many feet underground or soldiers on a battlefield are examples of challenges due to work.

4 0
3 years ago
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