Answer: reciprocity
Explanation: In simple words, reciprocity refers to the agreement in which two parties exchange goods or services in such a way that both of them will gain benefit from such agreement.
In business it can achieved in many ways, for example by combining the efforts and resources or by providing each other some service in exchange for service from the other side.
In the given case, Jason made a deal with dodge to provide service to him in exchange for service by him. Hence we can conclude that the given case depicts reciprocity.
Answer:
Explanation:
The sugar would dissolve in water. You could then pour off the solution and wash the remaining sand with a bit more water. Heat the water to evaporate it from the sugar, and the two are separated
Explanation:
A behavioral interview would have been more suitable than an interview even though the applicants use a benchmark from previous experiences. A situational interview is more about the possible actions of the individual in a situation. This might predict what the claimant is going to do in the future in a current situation.
The interviewing line will be focused on the applicant's experience of an past event involving the applicant. As the conversation begins, the line of question will naturally change. Studies have found that execute interviews better determine work performance. This is a useful tool to assess which candidate is best suited for the job.
Answer:
The correct answer is: substitution by consumers toward goods that have become relatively less expensive and away from goods that have become relatively more expensive.
Explanation:
The CPI or consumer price index measures the change in the general price level through a basket of commodities that are generally purchased by the consumers.
The CPI does not always correctly estimate the inflation rate. This is because CPI does not include changes in the quality or substitution of expensive goods for cheaper ones.
When the price of a commodity increase, the consumers will substitute it for its cheaper substitute. So consumer spending will not change. But the CPI will increase as it will not include this substitution. The CPI will thus overestimate inflation.
Answer:
- b. costs charged to departments.
- c. cost assignment and reconciliation.
- d. equivalent units of production
Explanation:
In Process costing, the company involved is producing a large amount of goods and services that are exactly the same. In order to assign costs therefore, the company will assign costs to all the products instead of individually.
Costs would be charged to various departments because they produce the goods so the entire department cost has to be assigned and reconciled with with the department that produce the goods. When the company only managed to partially complete the production of a good, they will still have to assign costs and so use equivalent units of production to do so.
