100000000000000000000000000
Answer: Reactive change
Explanation:
The reactive change is one of the type of concept that is specifically implemented in an organization by essential changing made in the system without any delay.
In this type of changes, the changes are made by the outside forces in an organization and with the helps of this change the companies basically interesting the various types of policies for the flexibility of the employees.
According to the given question, the Given example is best illustrating the reactive change concept as it is necessary for the employees of the company. Therefore, reactive change is the correct answer.
Answer:
Total amount of Revenue, 2021 = $5499000
Balance in the Accounts Receivable account = $5250000
Explanation:
Given
Progress billings and payments = $1300000
Total contract price = $18330000
Estimated total costs = $17500000.
Time = 3 years
Estimated Completion = 30%
Calculating the total amount of Revenue from Long-Term Contracts recognized for 2021
Total amount of Revenue, 2021 = Total contract revenue * % Completed during the year
Total = $18330000 * 30%
Total = $5499000
Calculating the balance in the Accounts Receivable account
Balance = New Estimate of Costs expected * % Completed during the year
Balance = $17500000 * 30%
Balance = $5250000
General technological advance is most likely to cause the production possibilities frontier to shift outward from a to b.
Technology has always been vital for organisations, but in recent years, that importance has increased significantly. By definition, technology is the practical application of scientific knowledge, and it is obvious that in order for businesses to remain competitive, they must adopt new technologies. The importance of new technology for organisations can be attributed to a number of factors. First, firms can improve their production and efficiency by utilising modern technologies. This is so that workers may concentrate on other duties because new technologies sometimes automate operations that were previously performed manually. Additionally, by lowering their dependency on costly manual labour, new technology can assist firms in saving money. Finally, firms can frequently access new markets and clients thanks to new technologies.
Learn more about technological advance here:
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Answer:
The answer is: An S Corporation
Explanation:
An S Corporation is a small business corporation. The main characteristics of an S Corporation are:
- All its shareholders must be legal residents in the US.
- It can only have up to 100 shareholders.
- All shareholders must be individuals.
- Profits and losses are passed on to shareholders and distributed in proportion to their stake in the corporation.
- Some trusts and estates that are eligible for certain tax exemptions can be shareholders in an S Corporation.