Answer:
d. Both a and b are correct.
Explanation:
Under a market economy the agents are free in both ways, they can arrenge their decision in open negociation with their supplier/employeer and can choose between the goods produced in the economy which ones to consume or not.
While in a communist economy it is a central planner who decide the output and payment for the families job.
Answer:
I have formulated the answer in the table and the table is attached in the attachment please refer to the attachment 1.
Explanation:
<em>Please refer to the attachment 1. And here is the explanation</em>
Inherited property is the property which is transferred to ones beloved after she/he passes away or makes a will, so statement A, E and F are inherited properties.
Purchased property are the ones that one acquires after paying certain price of the good, so B is purchased property.
Abandoned property is the goods or intangible thing left somewhere and the owner is not known, so statement C and D are abandoned properties.
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Answer: (A) Monitoring the administrative ratio to make sure staff expenses do not become excessive
Explanation:
The structural control is one of the concept that helps in monitoring the main building block in an organizational structure and managing all the functions such as design of an organization, performance, goals and the requirement within an organizational structure.
According to the question, the structural control is one of the process of monitoring the main administrative ratio so that the staff expenses are not becoming more excessive and serving only on the basis of important purpose and requirement.
Therefore, Option (A) is correct answer.
Answer:
$1,125,000
Explanation:
The total amount of property, plant, and equipment will appear under the Non-Current Assets section of the Balance Sheet. Thus prepare the Non Current Asset Section as follows :
Non Current Asset Section
Land $100,000
Land held for future use $150,000
Office Building $700,000
Equipment $450,000
Office Furniture $150,000
Accumulated Depreciation ($425,000)
Total $1,125,000