Answer:
A. Managerial
Explanation:
Based on the information provided within the question I would place Jenny at the managerial level. This is basically due to the fact that all her tasks are tasks usually completed by managerial level employees within a company. Managerial employees are in charge of Planning, Organizing, Leading and Controlling those employees that are underneath them in the organizational pyramid. All done in order to reach organizational goals.
The correct answer is no.
Natural Resources are things that occur in nature that can be used for economic gain. Since flour is a processed product and does not occur in nature it is not a natural resource.
Same question :
Kamau owned the patent of safety lock. Moses and Co. acquired the right to manufacture and sell
locks for seven years on the following terms:
a) Ofien0 and Co. to pay Kamau a royalty of Shs. 5 for each lock sold with a minimum ana
payment of Shs. 50,000. Accounts are to be settled annually on 31 December
n any year the royalty calculated on locks sold amounted to less than Shs. 50,000. Moses
and Co. is to have the right to deduct the deficiency from the royalty payable in excess of that
sum in the two following years. The number of locks sold was as follows:
Year ended 31s December:
2017 8,000
2018 9,000
2019 11,000
2020 18,000
Required:
Prepare the necessary ledger accounts to record the above royalty transactions in the books of Moses
and Co. which are closed annually on 31s December
i. Royalties Account
ii. Minimum Rent Account
ii. Short workings Account
iv. Kamau's Account
V. Profit and Loss Account
Answer:
the monetary value of all products and services produced in a country during one year.
Explanation:
Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.
Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).
Hence, gross domestic product refers to the monetary value of all products and services produced in a country during one year.
In conclusion, the Gross Domestic Products (GDP) of a country's economy gives an insight to it's social well-being.
Answer:
Condominium Cleaning
The creditor is entitled to recover:
= $1,350.
Explanation:
a) Data and Calculations:
Contract price agreed between condominium cleaner and owner = $1,500
Cost of cleaning the oven that was not done by the cleaner = $150
Creditor's claim from the contract price = Contract price minus cost of cleaning the oven
= $1,350 ($1,500 - $150)
b) This means that the creditor will recover less than the contract price because of the oven that was left uncleaned. Since the cost of hiring a substitute to clean the oven is $150, this amount will be deducted from the contract price, and then, the creditor can recover the balance.