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Sonbull [250]
3 years ago
14

Difference between arbitration and mediation

Business
2 answers:
Angelina_Jolie [31]3 years ago
6 0

Answer:

The main difference between arbitration and mediation is that in arbitration the arbitrator hears evidence and makes a decision. In mediation, the process is a negotiation with the assistance of a neutral third party. The parties do not reach a resolution unless all sides agree.

Explanation:

posledela3 years ago
6 0

Answer:

The main difference between arbitration and mediation is that in arbitration the arbitrator hears evidence and makes a decision. ... In mediation, the process is a negotiation with the assistance of a neutral third party. The parties do not reach a resolution unless all sides agree.

Explanation:

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If Amy painted 8 walls in the first hour of work, and then switched to doing 6 outlets in the second hour of work, what was the
Irina-Kira [14]

Answer:

1.33 walls

Explanation:

Here is the complete question :

Amy and Bill are fixing up their house by painting walls and installing electrical outlets. In one hour, Amy can paint 8 walls, or install 6 outlets. In one hour, Bill can paint 5 walls, or install 5 outlets a. If Amy painted 8 walls in the first hour of work, and then switched to doing 6 outlets in the second hour of work, what was the opportunity cost of each of those outlets?

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

By doing the outlet, Amy is forgoing the option of painting walls.

Opportunity cost = 8/6 = 1.33 walls

8 0
3 years ago
Grouper Company sold 214 color laser copiers on July 10, 2020, for $3,800 apiece, together with a 1-year warranty. Maintenance o
Oliga [24]

Answer:

1. Dr Cash $813,200

Cr Sales Revenue $813,200

2. Dr Warranty Expense $17,400

Cr Cash $17,400

3. Dr Warranty expense $47,442

Cr Warranty liability $47,442

Explanation:

Preparation of the entries to record the sale of the copiers, the related warranty costs, and any accrual on December 31, 2020.

1. Preparation of the entries to record the sale of the copiers

Dr Cash $813,200

($3,800*214)

Cr Sales Revenue $813,200

(Being to record the sale of the copiers)

2. Preparation of the entries to record the related warranty costs

Dr Warranty Expense $17,400

Cr Cash $17,400

(Being to record the related warranty costs)

3. Preparation of the entries to record any accrual

Dr Warranty expense $47,442

[($303*214)-17,400]

Cr Warranty liability $47,442

(Being to record any accrual)

8 0
4 years ago
Auditors may use positive and/or negative forms of confirmation requests for accounts receivable. Of the following, which combin
Alik [6]

Answer:

B

Explanation:

A. Positive confirmation should always be used for large balances

C. Trade receivables is the overlying term for both account receivables and note receivables. There is no distinguish here between large and small balances.

D. The positive form should be used for receivables that are unsatisfactory.

4 0
3 years ago
If a payback period for a project is greater than its expected useful life, the ___________.
just olya [345]

Answer: d. Entire initial investment will not be recovered.

Explanation:

The Payback period by definition is the amount of time it will take a Project to recover the initial investment into it. For example, if a project had an investment of $20 million and made $5 million every year, the Payback period would be 4 years.

Now, if the amount of time it will take to recover an investment is longer than the expected amount of time the project will run (expected useful life) then logically speaking that would mean that the Investment would not be entirely recovered because the project will be done before it can pay off the investment hence Option D is correct.

4 0
3 years ago
In the contemporary view of information systems, they are considered an integral part of the supply chain management process mai
Nataly_w [17]

Answer:

The options for this question are the following:

a. ​aid in product transformation

b. ​are a means of producing output

c. ​are a means of providing input into the process

d. ​all of these

The correct answer is d. ​all of these.

Explanation:

A supply chain is the set of activities, facilities and means of distribution necessary to carry out the process of selling a product in its entirety. This is, from the search for raw materials, their subsequent transformation and to the manufacture, transport and delivery to the final consumer.

In other words, the supply chain is a strategic and logistics function that involves all the operations that are essential for a merchandise to reach the final customer in optimal conditions.

4 0
4 years ago
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