Explanation:
The adjusting entry is as follows
On December 31
Insurance expense A/c Dr $5,150
To Prepaid insurance A/c $5,150
(Being the insurance expense is recorded)
It is computed below:
= Balance in prepaid insurance account - unexpired amount
= $9,050 - $3,900
= $5,150
While passing the adjusting entry we debited the insurance expense account and credited the prepaid insurance account
Answer: D
Explanation:
Competing on cost is based on achieving maximum value as perceived by the customer.
If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that marginal physical product is negative.
What is the change in total output that results from hiring one additional worker?
The difference in production brought on by using an additional unit of labor is known as the marginal product of labor.
Does hiring additional workers increase the total revenue at a decreasing rate?
Total output increases with additional employees, although at a slower rate. a stage of production where an increase in the labor force leads to a decline in labor's marginal product. With each new unit of labor added to the mix, a company with this will produce progressively less production.
Learn more about marginal product of labour: brainly.com/question/16690539
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Granting access to a user based upon how high up he is in an organization violates "the principle of least privileges."
As the principle of least privileges states that a person should be given only those privileges that are needed or are necessary to perform a specific job or task and nothing more.
The principle of least privileges states that you assign users the minimum set of privileges which they require to do their jobs, according to their roles.
The principle of least privilege prevents the spread of malware on your network. An administrator or superuser with access to a lot of other network resources and infrastructure could potentially end up spreading malware to all those other systems which he gets access to.
Hence, if the organization grants access to a user based upon how high up he is then the organization violates the principle of least privileges.
To learn more about the least privileges here:
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Uninsured motorists. Make sure you have it.
