Answer:
C. Identify Requirements
Explanation:
Individuals who are assigned the responsibility of resource management should first of all identify resource requirements.
Identification of requirements relates to the quantum of resources required, the place where they are required and the recipient of those resources.
Resource needs and requirements change from time to time as per the situation. Resource requirements mean the quantity and the kind of resources that would be required for completion of a project.
Thus, Identify Requirements determines the type, quantity, receiving location and the users of those resources.
Answer and Explanation:
The journal entry is shown below:
Interest Expenses $ 40,570
To Discount on bonds payable {($882,000 - $829,100) ÷ 10 years} $5,290
To Cash $35,280
(Being the interest expense is recorded)
For recording this we debited the interest expense as it increased the expenses and credited the discount on note payable and cash as it decreased the assets so cash is credited
Answer:
Indeed, scarcity is the mother of all economic problems. This is so because scarcity implies a lack of resources to supply all of the available demand for said good or service. Therefore, in the event of a lack of resources, two fundamental situations occur: on the one hand, due to the law of supply and demand, the greater the scarcity of a highly demanded good, the higher its price and the lower its accessibility; on the other, the scarcity itself implies that not all those who need the resource can access it.
Thus, the shortage has several clearly visible consequences. For example, food shortages can generate famines, food price inflation, bankruptcies of food producing and marketing companies, etc.
If Joe or Rachel dies in 2006-2008, there will be no federal estate tax liability since there is an unlimited marital deduction for the surviving spouse. Only when both die there will be an estate tax liability over the $2 million exemption amount.
The size and the people in the group and how compatable they are.