I would say the goal of a healthy economy is to have zero unemployment because that would mean that all able bodied men and women were gainfully employed which would enable them to contribute to the economy by producing wealth plus also consuming goods for their social reproduction with the resulting two-fold benefit to the economy.
Explanation:
Fiscal accountability is based on the short-term cash distribution or on the short-term use of government resources; organizational obligations concentrate on effective and productive use of government resources.
Different accounting principles are used to capture these various types of accountability. Fiscal responsibility is achieved by means of the adjusted accrual accounting system where the revenue is recognised in the period measured and available for revenues and expenditures (not expenses) are accepted as needing to be charged out of existing financial capital.
Operational accountability in accounting rules is captured. The emphasis of accrual accounting is on the transfer of economic resources, which allows the identification of revenues and expenses when there is an exchange in economic resources.
Answer:
1. At pull stage Customers request for books. A pull system by Amazon was made through the use of ingram book group. They support booksellers in supply and demand of book buyers
2. The push strategy is made through the development of several warehouses. Procurement of inventory is done and peoples orders are sent out by utilizing pull strategy.
Processes in pull strategy:
1. Shipping
2. Order fulfilment
Processes in push strategy:
1. Stock replenishment
2. Production
Answer:
The amount of depreciation expense each year is (D) $31,900
Explanation:
Total cost of the equipment = Purchased cost + Shipping charges + foundation and install fee = $160,000 + $2,000 + $12,500 = $174,500
MacKenzie Manufacturing use the straight-line method, Depreciation Expense each year is calculated by following formula:
Annual Depreciation Expense = (Cost of the equipment − Residual Value )/Useful Life = ($174,500 - $15,000)/5 = $159,500/5 = $31,900
Answer:
a) Vertical thinking
Explanation:
Vertical thinking is a type of approach to problems that usually involves one being selective, analytical, and sequential,consists of using more of a conscious approach via rational assessment in order to take in information or make decisions.
