Answer: The hourly wage will be higher in occupation B.
Explanation:
From the information given in the question, workers in occupations A and B possess the same skills and abilities as work for the same number of hours. The difference between both occupations is that there is stability of employment for workers in occupation A while there are seasonal layoffs in occupation B.
Due to the seasonal changes in occupation B, the hourly wage will be higher in occupation B. Workers in occupation B need to be compensated in order to overcome the layoffs and uncertainties.
Answer:
Recession.
Explanation:
Recession: It is defined as a gradual decline in economic activity as consumer and business spend a lesser amount of money in the market, which leads to a decline in the gross domestic product of the nation. If there is a decline in GDP for consecutive two quarters then it is an indicator that the economy is heading toward recession. It is also considered a business cycle contraction.
Answer:
<em>To ensure revenues and expenses are reported in the proper period.</em>
The correct answer is the first option. By protecting the privacy of personal information collected on its website a company like apple would be behaving in a socially responsible way towards its customers. Technology companies like apple have a responsibility to protect the personal information of its customers, if this wasn't the case then people would not buy their products as they would not have any faith in the company.
Answer:
c. A capital budgeting project’s cash flows, including the total up-front cost of the project, are typically known with certainty before the project starts
Explanation:
It is false to say that a capital budgeting project’s cash flows, including the total up-front cost of the project, are typically known with certainty before the project starts.
Capital budgeting can be defined as the process of identifying, evaluating, and implementing a company's investment opportunities.
