Efforts by the federal reserve bank to control the money supply and interest rates are known as monetary policies.
Answer:Internal
Explanation:Internal recruitment is the process through which Organisations employ their staff through sources or persons within an organisation, it considers internal factors such as performance and number of years worked etc.
MOST INTERNAL RECRUITMENT OPTIONS ARE GREATLY INFLUENCED BY SENIORITY SYSTEM AS THE MOST SENIOR PERSONNEL EXPECTS TO BE GIVEN THE CHANCE TO FILL VACANT POSITIONS WITHIN THE ORGANISATION.
Answer:
Cause-and-effect relationship - Cost of goods sold
With the Cause and effect relationship, costs are linked to the revenue that they were incurred for to create. Cost of goods would therefore be linked to revenue.
Specific time period - Monthly salary payments to an office employee
Costs are to be recognized in the same period of time they were incurred. The monthly salary is to be paid monthly because it is incurred monthly.
Without regard to related revenue in the period incurred - Advertising expenditures
The advertising costs will be incurred when spent and not when the benefits are accrued.
The interest earnings one gives up to hold more liquid assets are an opportunity cost.
What does a business' potential cost entail?
An opportunity cost illustration.
Opportunity cost is, to put it simply, what a business owner loses out on when choosing one course of action over another. It is a method for quantifying the advantages and dangers of any choice, resulting in more effective decision-making in general.
The opportunity cost of keeping money at home is Rs. 2000 per year as opposed to keeping it in the bank. As an easy example of opportunity cost, let's say a person has Rs. 50000 in his hand and has the choice to keep it with him at home or deposit it in the bank, which will yield interest of 4% annually.
Learn more about opportunity cost.
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