Answer:
(C) Socially responsible firms automatically engage in ethical practices.
Explanation:
Social responsibility is an ethical theory, in which individuals are accountable for fulfilling their civic duty; the actions of an individual must benefit the whole of society. Examples of social responsibility marketing strategies includes: recyclable packaging, promotions that spread awareness of societal issues and problems, and directing portions of profits toward charitable groups or efforts.
The total payroll amount is $50,000 per week.
Since there are only 5 work days per week (Monday to
Friday), therefore the employees wage per day is:
Employees wage per day = $50,000 / 5 = $10,000
For the payday on April 4, the wages expense covered for
this would be from April 1 to April 4 since the accounting period ended on
March 31. Therefore wages expense in the journal entry would be calculated
using 4 days.
Wages expense for April for the payday April 4 = Employees
wage per day * Number of days
Wages expense for April for the payday April 4 = $10,000 * 4
<span>Wages expense for
April for the payday April 4 = $40,000</span>
Answer: c. To reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period.
Explanation:
Closing entries are the journal entries that are made at the end of an accounting period in order to be able to transfer temporary accounts to the permanent accounts.
The primary purpose of closing entries is to reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period.
Therefore, the correct option is C.
Answer: involvement is the answer just took it.
Explanation:I just took it hope that helps
Answer:
Decrease; Increase
Explanation:
When there is a decline in the marginal productivity of low skilled workers, it results in a decline or decrease in the demand for low skilled workers. Marginal productivity is the extra output gained from adding one unit of labour. Thus, if low skilled workers are added to increase marginal productivity, but then reaches the point of decline, the demand or the need for those low skilled workers reduces. The reduction or decrease in the demand for these low skilled workers then lead to an increase in number of unemployed workers as those unskilled workers becomes jobless.
