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polet [3.4K]
3 years ago
8

Discuss the misconception and the contradiction in the curriculum for pre vocational subject ​

Business
1 answer:
docker41 [41]3 years ago
3 0

Answer:

<em>Pre-vocational education</em> in general aims to make students prepared for a specific vocation, but not in a technical manner. This education often relates to subjects such as time management, workplace ethics, personal financial management, etc.

In general, these subjects' curriculum is not expanded enough, meaning it does not grasp deeper into the specific subject. The reason for this is usually a little allocated time for class. Additionally, the structure of the curriculum is not adapted to the actual needs and educational habits of the students involved. Often, the curriculum becomes irrelevant due to non-timely updating, In order to be relevant for the current time, the curriculum needs to be constantly updated, according to leading technological trends.

The contradiction about a badly constructed curriculum is that it often demands moderate academic knowledge about a certain topic for students. For example, personal finance subjects may demand that a student recognizes key elements and concepts from economics and finance, which are actually academic subjects usually studied later on.

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For a perfectly competitive firm, which of the following is not true at profit maximization?a. Total revenue minus total cost is
topjm [15]

Answer: Option (d) is correct.

Explanation:

Correct option: Market price is greater than marginal cost.

In a perfectly competitive market, there are large number of buyers and sellers. So, price is determined by the market forces.

At a point of profit maximization, price is equal to the marginal cost and we have to maximize the difference of the total revenue and total cost. It was not seen in a perfectly competitive market that the price is above the marginal cost at a profit maximizing point.

Therefore, option (d) is not true.

5 0
3 years ago
Following are the transactions of a new company called Pose-for-Pics.Aug. 1 Madison Harris, the owner, invested $8,000 cash and
Rama09 [41]

Answer:

Aug 1

Dr cash $8,000

Dr photography equipment $34,400

Cr Common Stock $42,400

Aug 2

Dr Prepaid Insurance $3,000

Cr Cash$3,000

Aug 5

Dr Office supplies $1,520

Cr Cash$1,520

Aug 29

Dr Cash $4,000

Dr photography fees earned $4,000

Aug31

Dr Utilities expense $884

Cr Cash $884

Explanation:

Preparation of the general journal entries for the above transactions.

Aug 1

Dr cash $8,000

Dr photography equipment $34,400

Cr Common Stock $42,400

(8,000+34,400)

Aug 2

Dr Prepaid Insurance $3,000

Cr Cash$3,000

Aug 5

Dr Office supplies $1,520

Cr Cash$1,520

Aug 29

Dr Cash $4,000

Dr photography fees earned $4,000

Aug31

Dr Utilities expense $884

Cr Cash $884

4 0
3 years ago
Which type of menu would a food service establishment that serves seasonal items most likely to have?
yanalaym [24]

Answer:

A

Explanation:

Seasons cycle, and therefore the menu with it

4 0
3 years ago
Read 2 more answers
The partnership of Anderson, Berry, Hammond, and Winwood is being liquidated. It currently holds cash of $20,000 but no other as
Rashid [163]

Answer:

a. Contribution from Berry = $6,000

b-1. Contribution from Hammond = $22,556

b-2. Disbursement shall be:

Anderson = $8,889

Berry = $3,667

c. Amount to be received by Anderson on Liquidation = $11,500

Explanation:

As for the provided information we have,

Capital balances

Anderson     40%       $20,000

Berry             30%      $12,000

Hammond     20%      $17,000 (Deficit)

Winwood       10%       $25,000 (Deficit)

a. Total deficit in this case will be = Share of Hammond + Winwood = $17,000 + $25,000 = $42,000

Berry's share = \frac{30}{30+40} \times 42,000 = 18,000

Since Berry's current balance = $12,000

Contribution required = $18,000 - $12,000 = $6,000

b-1. Total deficit of Winwood = $25,000

Hammond share = \frac{20}{20+30+40} \times 25,000 = 5,556

Hammond's current balance = - $17,000

Thus, contribution from Hammond = $5,556 + $17,000 = $22,556

b-2. Total deficit balance = $17,000 + $25,000 = $42,000

Total sufficient balance = $20,000 + $12,000 = $32,000

Net deficit balance = $42,000 - $32,000 = $10,000

Anderson share in Deficit of Winwood = 25,000 \times \frac{40}{40 + 30 +20} = 11,111

Thus, net capital of Anderson = $20,000 - $11,111 = $8,889

Berry's share in deficit of Winwood = 25,000 \times \frac{30}{40+30+20} = 8,333

Thus, net capital from Berry = $12,000 - $8,333 = $3,667

c. Total deficit from Hammond = $17,000

Anderson share = 17,000 \times \frac{40}{40+30+10} = 8,500

Anderson's current balance = $20,000

Amount extra contributed by Anderson = $20,000 - $8,500 = $11,500

Thus, Anderson will receive $11,500 on liquidation.

Final Answer

a. Contribution from Berry = $6,000

b-1. Contribution from Hammond = $22,556

b-2. Disbursement shall be:

Anderson = $8,889

Berry = $3,667

c. Amount to be received by Anderson on Liquidation = $11,500

3 0
3 years ago
The income statement and selected balance sheet information for Direct Products Company for the year ended December 31 are prese
tamaranim1 [39]

Answer:

The answer is attached;

Explanation:

Download xlsx
5 0
3 years ago
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