Answer:
work or job specialization
Explanation:
Work specialization is based on the division of labor, i.e. dividing the work activities into smaller separate tasks. Each worker is responsible for performing only one or a few separate tasks and by doing so will specialize in its performance. As he workers specialize in performing certain tasks, overall efficiency and total output should increase.
These requirements are called Workplace skills. These are
the skills that an employee should possess in order for the company to attain
its goals. These skills are needed of a candidate or an employee and these
skills are needed for all companies or any industry. Examples of workplace
skills are good communication skills, having good analytical skills, good
interpersonal skills, good leadership skills, and being professional.
Answer:
False
Explanation:
One of the four most fundamental factors that affect the cost of money as discussed in the text is the expected rate of inflation. It is false to say, if inflation is expected to be relatively high, then interest rates will tend to be relatively low, other things held constant.
Answer:
$1,000
Explanation:
Fixed assets must be recorded at historic cost or purchase value. Their valuation is not affected by changes in market values, e.g. land might appreciate over time, but its historic cost will be used for accounting purposes.
In this case, Lisi doesn't have a bill to show the price of the rack, and since she paid in cash, she has no way of proving what she actually paid for it. In this case, in order to record the purchase of the rack you must use the fair market value of similar racks.
Imagine if someone could just say that they purchased things at X price but didn't get a bill, soon people would be recording buying pencils at $500 each because they are gorgeous and perfectly crafted.
Answer:<em> The correct option in this case is (c).</em><u><em> i.e. Economic profits induce firms to enter an industry and losses encourage firms to leave</em></u>
Economic profits is the difference between total revenues and total costs excluding opportunity cost.
For a instance when a firm generates economy profits then in that scenario it will be profitable to continue and expand .
