Answer:
d.accounting records continuously disclose the amount of inventory
Explanation:
Under the perpetual inventory system, an entity continually updates its inventory records to account for additions to and subtractions from inventory for such activities as:
Received inventory items
Goods sold from stock
Items moved from one location to another
Items picked from inventory for use in the production process
Items scrapped
Answer:
contingency.
Explanation:
Management needs to be prepared to deal with problems and seize opportunities as they arise. A company often identifies alternative courses of action to be taken if events undercut a strategic or tactical plan. These are called contingency plans.
A contingency plan can be defined as a set of alternative plans that are designed and developed by an organization for continuous operation of the business in case of an emergency or when there is a failure in the primary (core) plan.
The best answer is D. The sector that will have a very limited influence in a pure market economy is the government. A pure market economy is an economic system that solely relies on the markets to distribute the resources. A theoretical pure market economy has no involvement of the government, only the markets decides on everything.
Answer:
1) The monthly payments if the mortgage is 30 years will be $2,270
2)The monthly payments if the mortgage is 15 years will be $3,267
Explanation:
The house is worth 500,000, John pays 100,000 down payment which means that 400,000 payment is left. We need to find out that if the present value of the payment is 400,000 then what will the monthly payments be for 30,000 in order to have a present value of 400,000.
The Present value is 400,000, the interest rate is 5.5% but because the payments are monthly we will divide it by 12 (5.5/12=0.458). The Number of compounding periods will be the number of months in 30 years so N = 30*12=360. The future value is 0 as there is no lump sum payment at the end.
We input the following information in a financial calculator in order to find the the payment.
PV= 400,000
FV=0
N=360
I=0.458
Compute PMT=2,270
Now in order to find the payments for a 15 year mortgage we will replace n=360 with n=15*12= 180.
PV= 400,000
FV=0
N=180
I=0.458
Compute PMT=3,267
Answer:
Checking for students' understanding of a concept by asking them to apply the concept to other contexts.
Explanation:
Concept formation is an inductive teaching technique that enhance discovery learning and helps to get clear understanding of a concept in pupils by using psychological processes such as observation, analysis, hypothesis, generation and testing a small set of the concepts.
Mr. Lui utilized the strategy of checking for students' understanding of a concept by asking them to apply the concept to other contexts in his homework assignment.