False is your answer so it would be b
Answer:
Private Stream Fish : EXCLUDABLE , RIVAL & PRIVATE GOOD
River Fish : NON EXCLUDABLE , RIVAL & COMMON GOODS
Explanation:
Excludable Goods can be feasibly prevented to be consumed by non payers . Rival goods consumption doesn't reduce their availability to be consumed by other consumers
Private stream fish are feasibly prevented to be used by others for free , so are excludable . However , catching of fish by one reduces the fishes to be caught by others & so is Rival . Such Excludable , Rival goods are 'Private Goods'
Free access river cant be feasibly prevented to be used by others for free , so are Non Excludable . However (similar) , catching of fish by one reduces the fishes to be caught by others & so is Rival . Such Non Excludable , Rival Goods are 'Common Goods' . These have over exploitation risk as per a theory 'Tragedy of Commons'
Answer:
See answer below
Explanation:
Journal entry will be as follows.
Debit Cash Account $60,000
Credit Payables/Service Prepayment Account $60,000.
As service is being rendered on a monthly basis (monthly income = 
), the company will make the following journal entry.
Debit Payables/Service Prepayment Account $10,000
Credit Revenue $10,000.
The amount of Jam's Note Payable that should be classified as non-current on December 31, 2013 is P0.
- The non-current liability is the payable that is not due within the next 12 months.
- Since the P5,000,000 note is due within 2014 (precisely on March 1, 2014), on Jam Company's Balance Sheet as of December 31, 2013, the total amount will be classified as a current liability and not non-current.
Thus, the amount of Jam's note payable classified as non-current on December 31, 2013 is equal to zero.
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The correct answer to this open question is the following.
You did not attach any text, article, or particular reference to answer this question. So we assume you are talking in general terms.
So being that the case, we can comment on the following.
It is true that emerging technologies are impacting organizations. Some businesses and organizations have been overwhelmed by technological advances. We are talking about new technologies that are transforming the workplace such as biometrics, analytics, robotics, big data, or artificial intelligence.
What organizations can do to reduce the burden of digitalization is having a gradual transformation. Not a sudden or abrupt change. A step by stape process is highly recommended. But procrastination at all. The digital transformation should start now.
It has to start with a process of training to make employees aware of the necessity of change.
