Answer:
The correct answer is entrepreneurs are born, not made.
Explanation:
Entrepreneurs, social psychologists and economic theorists have speculated on whether entrepreneurs are born or made, in other words, if you are predisposed to become an entrepreneur because of your genetic constitution, or if that provision comes from your environment, conditioning or other external factor.
For most entrepreneurs, it is comforting to think that business men and women are made, that even if they lack the "right" DNA, practice, experience and sufficient conditioning to be a success.
Answer and Explanation:
The cost of pizza production for Megan is 3 ÷ 5 root beer gallons.
And, Susan's pizza production potential cost is 1 ÷ 2 root beer gallons
Megan also gained an edge in pizza making as she only takes three hours, whereas Susan takes four hours on the other side.
And, susan's opportunity cost is lower than megan, which means that susan has the comparative advantage.
3 ÷ 5 root beer gallon may be better off.
And the cheaper price of 1 ÷ 2gallons of root beer could be better.
Third-party check. check negotiated through a bank, except one payable to the writer of the check, that is, a check written for cash. The primary party to a transaction is the bank on which a check is drawn. The secondary party is the drawer of the check against funds on deposit in the bank.
Answer:
Comparability : Inter company comparison , Consistency : Company time series comparison.
Explanation:
Consistency is quality of accounting information, enabling the same company's financial performance comparison over different periods of time. Consistency needs stable accounting methods used for a considerable period of time, unless their changing is necessary.
Eg : Using whichever method straight line or written down value - to calculate depreciation, should not be changed unless necessary.
Comparability is the quality of accounting information, enabling the company's financial performance comparison with other companies. It needs accounting methods following generally accepted accounting principles.
Eg: Accrual basis of accounting is generally standardised, acceptable and using other i.e cash basis won't enable company's comparison with others.
Consistency and comparability are very crucial to analyse company's financial performance - growth with time, growth as per industry standards respectively.
Answer:
18 years old
Explanation:
The FLSA which is the Fair Labour Standard Act, is a US labour law that regulates minimum pay, overtime pay guideline, record keeping, youth employment and so on intended to protect employees from certain unfair pay and work practices and regulations. According to the fair labour standard act, given that status of the work and how hazardous it is in this scenario, an individual must be atleast 18 years old before he/she can be considered for employment.
