Answer:
The company demonstrated a concept of CSR, accountability.
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Answer:
c) Offering a discount to students and seniors.
Explanation:
Price discrimination involves a supplier selling the same good at different prices to different customers. Price discrimination is usually done to take advantage of consumer surplus.
If the choclatier knows the price group that will pay lower, he can target them and give the option of paying lower.
In this case offering discount to students and seniors shows the choclatier has identified these class of customers as the one that are willing to by chocolates below $20.
Answer:
a- $38,000
Explanation:
Units-of-production method of depreciation is a method in which depreciation is charged based on the output given by the asset in a period.
Truck Purchase price = $48,000
Estimated unit for depreciation = $100,000 miles
Salvage value = $8,000
Total Millage in 3 years = 40,000 + 20,000 + 35,000 = 95,000 miles
Accumulated Depreciation = ( Initial cost - Salvage value) Driven Millage / estimated total Millage
Accumulated Depreciation = ( $48,000 - $8,000 ) 95,000 / 100,000 = $38,000
Answer:
The answer is C. Proactive management
Explanation:
Proactive management looks ahead. They are not reactive. They envisage problems before it occurs. They institute or set up internal controls which will not be conducive to fraud. Internal controls like segregation of duty, dual control, authorization etc.
But in an organization where perceived inequalities are rife, employees will tend to play fast because they are not satisfied.
Also, when unreasonable budget are set by the management, employees tend to do all things possible to achieve this budget so as to keep their job. This breeds the thought of fraud.
High employee turnover too can lead to fraud because staffs know they wont stay too long.
Answer: E) Lessors provide a source of financing for lessees.
Explanation:
A Lease is a form of financing because in financing, an entity provides funding in the form of assets whether cash or otherwise to another entity to allow them use to operate their business. The entity that was provided with funding will then pay a periodic payment as a way to pay off the funding.
This is what happens in leases. The Lessor is the owner of the asset and they lease it to the Lessee who then uses it and pays a periodic amount to the Lessor for using the asset.
