Knowledge that is taught as part of a course of study.
Answer:
i'm assuming recurring expenses are necessities so those would always come first, things you need on top of your regular expenses would come next and any wants you have would come last. "entertainment expenses" would be lumped in with your "wants"
Explanation:
Answer:
Investment banks are middlemen between those with money and those with ideas who need funding. They give money a productive purpose by channelling into projects.. it's a financial service of company or corporate division that engages in advisory-based financial transactions on behalf of individuals, corporations and governments
The expectation of a fair exchange of employment obligations between an employee and employer is called the psychological contract.
<h3>What is
the psychological contract?</h3>
- A psychological contract, a concept developed in contemporary research by organizational scholar Denise Rousseau, represents an employer's and an employee's mutual beliefs, perceptions, and informal obligations.
- It establishes the dynamics of the relationship and defines the specifics of the work to be done.
- It differs from the formal written employment contract, which, for the most part, only identifies mutual duties and responsibilities in broad strokes.
- The psychological contract refers to the expectation of a fair exchange of employment obligations between an employee and an employer.
- A psychological contract is defined as a philosophy rather than a formula or predetermined plan.
- Characteristics of a psychological contract include respect, compassion, objectivity, and trust.
Therefore, the expectation of a fair exchange of employment obligations between an employee and employer is called the psychological contract.
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Answer:
Lewis CPAs:
service revenue: 60,000
Salaries expense: (40,000)
Net Income 20,000
Casual Clothing:
sales revenue 60,000
cost of goods sold: (32,000)
Gross Profit 28,000
operating expense (7,200)
Net Income 20,800
Explanation:
The net income is the difference between the revenues and expenses.
For Casual Clothing we also need to calcualte the gross profit which is, the difference between the sales revenue and the cost of the good sold.
After that, we subtract the other operating expense to arrive the net income
