Answer:
They own and control the functions of the organization.
Explanation:
A cooperative is owned by the total of their affiliates who are the direct users of it. This means that if you want to use the cooperative you must be an owner/affiliate.
Answer:
I'm figuring this out for you!
Explanation:
Answer:
The personnel, procedures, devices, and records used by an entity to develop accounting information and communicate this information to decision makers.
Explanation:
Accounting system is a system used to organise financial information. Accounting system can be manual or electronic
Answer:
Effect on income= $10,290 increase
Explanation:
Giving the following information:
Falcon can handle the special order, and for this order, a variable selling cost of <u>$2 per unit would be eliminated.</u>
<u>Because it is a special order that would not affect current sales, we won't take into consideration the fixed costs.</u>
<u></u>
<u>To calculate the effect on income, we need to use the following formula:</u>
Effect on income= Number of units sold*unitary contribution margin
Effect on income= 1,470*(21 - 14)
Effect on income= $10,290 increase
Answer: A service concession arrangement (D)
Explanation:
A service concession arrangement is an agreement whereby the government contracts with a private enterprise in order to operate, develop and maintain an infrastructural facility such as a tunnel, bridge, road, hospital, airport or prison. The government regulates and controls the kind of services the operator must provide, to whom the services are provided and at the price the services will be provided.
Concession agreements can also be between a non-governmental owner and a concessionaire, whereby the non-governmental owner gives the operator the exclusive rights to use and maintain the business for a stipulated period of time under specified conditions.
