In the case of distributive bargaining, the target point indicates what a person would like to achieve out of a negotiation.
<h3>What is collective bargaining?</h3>
This is when an agreement is reached between employer and employees in an organization on issues that requires urgent attention.
Collective bargaining involves employees working together in an organization coming together to agree about some important matters.
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Answer:
a. Events that will affect the income statement are :
- Part c
- Part d
b. Income statement that shows the results of Year 1 operations.
Revenue Earned $59,000
Less Expenses :
Expenses ($43,000)
Net Income / (Loss) $16,000
Explanation:
The Income Statement shows the Profit or Loss that resulted during the reporting period.
Only items of Revenue/Income and Revenue Expenditures (Expenses) are accounted for in Income Statement.
Profit or Loss = Sales <em>less</em> Expenses
The answer to that question is letter D. hope this helps
The system that compares actual results to a budget so that significant
deviations can be flagged and investigated further is called management by
exception
Management by exception is the type that helps the managers to focus on
the most important variances while ignoring unimportant changes between
the budget and actual results.
This is commonly used in budgets preparation to ensure that the important
factors which may affect project completion are taken into consideration to
prevent shortages.
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Answer:
Benefits-received principle
Explanation:
This principle says that the people who benefit most from government assistance programs should be the one to pay for them. Regressive taxes represent a higher portion of money for low income families, with the idea that it is okay because the government provides more services for low income families.
