Jagjit Company designs and builds retaining walls for individual customers. On August 1, there were two jobs in process: Job 93 with a beginning balance of $8,650, and Job 94 with a beginning balance of $7,270. Jagjit applies overhead at the rate of $9 per direct labor hour. Direct labor wages average $16 per hour. Data on August costs for all jobs are as follows:

Job 93 Job 94 Job 95 Job 96
Direct materials $910 $4,590 $3,330 $1,270
Direct labor cost 2,080 4,800 2,400 960
During August, Jobs 95 and 96 were started. Job 93 was completed on August 17, and the client was billed at cost plus 40%. All other jobs remained in process.

Refer to the list below for the exact wording of text items within your job-order cost sheets.

Amount Descriptions
Applied overhead
Beginning balance
Direct labor
Direct materials
Total

Jagjit Company

Job-Order Cost Sheets

August 31

1

Job 93

Job 94

Job 95

Job 96

2

Beginning balance

3

4

5

6

4. Calculate the balance in Work in Process on August 31.

The work in process balance on August 31 is .

Points:

0 / 1

5. What is the price of Job 93?

The price of Job 93 is .

Points:

0 / 1

Partway through the year, Jagjit bought a bulldozer to handle larger jobs. The bulldozer cost $38,500 and is needed for larger commercial jobs. Smaller residential jobs can still be done with the smaller bobcat tractor.

6. CONCEPTUAL CONNECTION: Complete the statement below that outlines how the bulldozer’s cost could be applied to only those jobs that need the larger equipment.

Create a separate ________ for the acquisition and use of the bulldozer. Treat the bulldozer’s depreciation, fuel, maintenance, etc. as _______ . Divide this by the anticipated annual hours of use to arrive at the ___________ .

Answers

Answer 1

Answer:

retaining walls for individual customers. On August 1, there were two jobs in process: Job 93 with a beginning balance of $8,650, and Job 94 with a beginning balance of $7,270. Jagjit applies overhead at the rate of $9 per direct labor hour. Direct labor wages average $16 per hour. Data on August costs for all jobs are as follows:

Job 93 Job 94 Job 95 Job 96

Direct materials $910 $4,590 $3,330 $1,270

Direct labor cost 2,080 4,800 2,400 960

During August, Jobs 95 and 96 were started. Job 93 was completed on August 17, and the client was billed at cost plus 40%. All other jobs remained in process.

Refer to the list below for the exact wording of text items within your job-order cost sheets.

Amount Descriptions

Applied overhead

Beginning balance

Direct labor

Direct materials

Total

Explanation:

hello


Related Questions

7) Using a fictional product or service, create a simple business plan by
answering the three questions business owners must consider.

The three questions a business owners must consider are;

1 What good will be produced?
2 How should it be produced?
3 For whom should it be produced?

What good will you produce, or what service will you provide?

Answers

Answer:

i will make legos

It will be produced in a production facility in denmark

will be produced for all genders ages 5+

Explanation:

Using a fictional product, my simple business plan would be based on these economic theories that is what to produce, how to produce and for whom to produce.

What to produce – I will produce herbal hair shampoo.How to produce – I would use both labor intensive and machine incentive techniques equally for production.Whom to produce- The core niche would be the women aged between 15 to 60.

What is a business plan?

A business plan is a written strategy that outlines the objectives and strategies for accomplishing the objectives of the business. It describes a company's go-to-market strategy, financial forecasts, market analysis, corporate objectives, and mission statement. The business plan may also include a timeframe and information about key personnel who are in charge of reaching the objectives.

A business plan is a crucial document intended for both internal and external audiences of a company. For instance, before a business has built a solid track record, a business plan is utilized to entice investment. Securing financing from financial entities might also be beneficial.

A business plan serves three purposes: it explains the organization's strategy to execute it over the long term, obtains funding from investors, and aids in projecting future company demands.

What is an economic theory?

An economic theory is a body of concepts and precepts that describes how various economies operate. An economist may use theories in many ways depending on their specific function. For instance, some theories seek to explain certain economic phenomena, such inflation or supply and demand, as well as the reasons behind them.

Economic theories seek to analyze the causes and effects of economic occurrences, as well as the optimal course of action for influencing or resolving them. They are an extensive set of presumptions, theories, definitions, and guidelines on what should be done in various economic circumstances. Positive and normative approaches to economic theory are the two main categories.

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Which of the following characterize a manager as being efficient?

Answers

Explanation:

They use a minimum amount of resources for the amount of outputs produced.

Hernando lives in a county where everyone pays the same amount of taxes no matter their income. Which type of tax system is Her
MOST likely using?

Answers

Answer: Proportional Tax System

Explanation:

Hernando's country is using proportional tax system or Flat tax system.

What is proportional tax system?

Everyone pays the same tax rate under proportional taxes, regardless of income. Since everyone pays the same rate, regardless of their income, sales taxes are considered proportional regressive taxes.

No matter their wealth or income, everyone pays the same amount of tax under a proportionate or flat tax system. This approach aims to achieve parity between the average tax rate paid and the marginal tax rate.

Because there is no tax penalty for earning more money, proponents of proportional taxation contend that they promote the economy by motivating people to work harder. Additionally, they think that firms would be more willing to invest and spend money under a flat tax structure, boosting the economy.

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ATM stands for automatic time machine right?

Answers

ATM stands for automated teller machine or in text it can mean At The Moment

Hope this helped you, have a good day bro cya)

Answer:

No i don't  think so I think it means -automated teller machine

Explanation: Hope that helps but that is what I think it means

A hair salon acquired 100 new customers last year. Cost in the marketing and sales were as follows:



Marketing Costs = $ 1,000

Sales Costs = $ 10,000

Salaries = $ 96,000



What was the customer acquisition cost?

Answers

If a hair salon acquired 100 new customers last year. Cost in the marketing and sales were are marketing Costs  $1,000, Sales Costs $10,000  and Salaries $96,000.What the customer acquisition cost will be is $1,070

Using this formula

Customer acquisition cost=Sales costs+ Marketing costs +Salaries ÷ Number of customers acquired

Where:

Marketing Costs =$1,000

Sales Costs = $10,000

Salaries = $96,000

Number of customers acquired=100

Let plug in the formula

Customer acquisition cost=$1,000+$10,000+$96,000÷100

Customer acquisition cost=$107,000÷100

Customer acquisition cost=$1,070

Inconclusion if a hair salon acquired 100 new customers last year. Cost in the marketing and sales were are marketing Costs $1,000, Sales Costs $10,000  and Salaries $ 96,000. What the customer acquisition cost will be is $1,070

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Answer:

The answer is $10 dollars

Explanation:

I took a test and got it right

On September 1, 2020, Marigold Company sold at 104 (plus accrued interest) 3,360 of its 9%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $15 per share. Shortly after issuance, the warrants were quoted on the market for $3 each. No fair value can be determined for the Marigold Company bonds. Interest is payable on December 1 and June 1.

Required:
Prepare in general journal format the entry to record the issuance of the bonds.

Answers

Answer:

ok..

Explanation:

On September 1, 2020, Marigold Company sold at 104 (plus accrued interest) 3,360 of its 9%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $15 per share. Shortly after issuance, the warrants were quoted on the market for $3 each. No fair value can be determined for the Marigold Company bonds. Interest is payable on December 1 and June 1.

Required:

Prepare in general journal format the entry to record the issuance of the bonds.

I WILL MARK BRAINLIEST!!!
The best way to make yourself valuable to your employers is to learn _____.
A) How to do your job only
B) How to do multiple jobs
C) How to avoid doing work
D) How to avoid embarrassment

Answers

Answer:

D. How to avoid embarrassment

Hope im correct im from philippines please greet me :))

Answer:

its d

Explanation:

edge 2023

Which of the following statements regarding public speaking is the most accurate?

1. Language theories (general semantics) tell us that meanings are in words themselves, not in the interpretation of those words.

2. The language spoken by the greatest number of people on the planet is English.

3. Spoken language includes more personal pronouns and more expressive, emotional, colloquial, slang, and nonstandard words.

4. Language is simply something we use; it is not part of who we are or how we think.

Answers

Answer:

it's 1 because the language theories tell us how we are supposed to use the proper form of words in speaking

Two types of multitasking are:
O Competitive tasking and complex tasking
O Task switching and dual tasking
O Task switching and competitive tasking

Answers

The second option is the correct one.

In a developing country, two alternatives are under consideration for delivering water fiom a mountainous area to an arid area in the country's southern region. A coated heavy- gauge plastie pipeline can be installed, with pumps spaced appropriately along the pipeline. Alternatively, canal can be built; however, it will have greater water loss than the pipeline, due to evaporation and poaching along the canal route. To compensate for the water loss, the canal will have a greater carrying capacity than the pipeline. It is estimated it will cost $125 million to install the pipeline. Major replacements are planned every 15 years at the cost of $10 million. Pumping and other annual operating and maintenance costs are estimated to be $5 million. The canal will cost $200 million to construct; its annual operating and maintenance costs are anticipated to be S1 million. Major upgrades of the canal are anticipated every 10 years, at the cost of $5 million. Based on a 5 percent (5 %) MARR and an infinitely long planning horizon, which alternative has the lowest capitalized cost?

Answers

Answer:

a developing country, two alternatives are under consideration for delivering water fiom a mountainous area to an arid area in the country's southern region. A coated heavy- gauge plastie pipeline can be installed, with pumps spaced appropriately along the pipeline. Alternatively, canal can be built; however, it will have greater water loss than the pipeline, due to evaporation and poaching along the canal route. To compensate for the water loss, the canal will have a greater carrying capacity than the pipeline. It is estimated it will cost $125 million to install the pipeline. Major replacements are planned every 15 years at the cost of $10 million. Pumping and other annual operating and maintenance costs are estimated to be $5 million. The canal will cost $200 million to construct; its annual operating and maintenance costs are anticipated to be S1 million. Major upgrades of the canal are anticipated every 10 years, at the cost of $5 million. Based on a 5 percent (5 %) MARR and an infinitely long planning horizon, which alternative has the lowest capitalized cost?

An attempt to assess the worth of each job relative to other jobs is known as
Select one:
a. job analysis.
b. job evaluation
c. the wage-level decision.
d. performance appraisal.
e. benefit determination.
Can someone help??

Answers

An assessment is often carried out to fine out if someone or someone is performing up to task or doing what is expected.

An attempt to assess the worth of each job relative to other jobs is known as job evaluation.

Job Evaluation is simply refered to as a form of stepwise process of knowing the capabilities or worth of one job when compared to another job in the organisation. During this evaluation, the known capabilities of various jobs are thoroughly viewed or assessed so that wages can be paid based upon the worth of the job.

Conclusively, Relative worth is known by based on job description and job specification and as such, job evaluation helps to know wages and salary level for all jobs.

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6. One advantage of an enclosed office layout is that employees can be closely
monitored/supervised.

True
False

Answers

The answer is False

Answer:

false

Explanation:

Low supervision: it is more difficult to supervise each employee in private offices, however,  this is often a positive point allowing for greater responsibility, trust in employees and independence

Wyoming Restoration Company completed the following selected transactions during July 20Y1:
July 1. Established a petty cash fund of $1,200. 12.
The cash sales for the day, according to the cash register records, totaled $8,356. The actual cash received from cash sales was $8,389. 31.
Petty cash on hand was $217. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt:
July 3. Store supplies, $510.
7. Express charges on merchandise sold, $90 (Delivery Expense).
9. Office supplies, $30.
13. Office supplies, $35.
19. Postage stamps, $50 (Office Supplies).
21. Repair to office file cabinet lock, $60 (Miscellaneous Administrative Expense).
22. Postage due on special delivery letter, $28 (Miscellaneous Administrative Expense).
24. Express charges on merchandise sold, $135 (Delivery Expense).
30. Office supplies, $25.
July 31. The cash sales for the day, according to the cash register records, totaled $10,289. The actual cash received from cash sales was $10,275.
31. Decreased the petty cash fund by $100.
Journalize the transactions.

Answers

The appropriate journal entries Wyoming Restoration Company for the month of July 20Y1 are:

July 1

Debit Petty cash $1,200

Credit Cash $1,200

July 12

Debit Cash $8,389

Credit Cash short and over $33

($8,389-$8,356)

Credit Sales $8,356

July 31

Debit Store supplies $510

Debit Delivery expense $225

($90+$135)

Debit Office supplies $140

($30+$35+$50+$25)

Debit Miscellaneous Administrative Expense $88

($60+$28)

Debit Cash short and over $20

[$983-($510+$225+$140+$88)]

Credit Cash $983

($1,200-$217)

July 31

Debit Cash $10,275

Debit Cash short and over $14

($10,289-$10,275)

Credit Sales $10,289

July 31

Debit Cash $100

Credit Petty Cash $100

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Suppose that the market interest rate increases to 6.875 percent annually compounded (increase by 87.5 basis points) during the first year of your purchase (within year 1), and it remains at that level (6.875 percent) for the next five years. Assume that, the reinvestment rate for the first coupon payment is the new interest rate, that is, 6.875 percent annually compounded. In addition, you will reinvest the coupon payments in a zero-coupon bond. [You already computed total proceeds (both from reinvestment of coupon payments plus face value) at the end of your investment horizon (t=6) years in Part B of the problem.] Now, what is your annually compounded holding period return (HPR) at the end of your investment horizon (t=6) years?

Answers

The annually compounded holding period return (HPR) at the end of the investment horizon (t=6) years is 6.98%

Par value =1000 Number of years =6 Coupon = Coupon Rate × Par value = 7% × 1000 =70 Rate(r) =6%

Therefore, the price of the bond at year 0 will be:

= 70 × (1-(1+6%)⁻⁶)/6% )+ 1000/(1+6%)⁶

= 1049.17

Then, the reinvestment rate will be =6.875%

Number of years of coupons =6

The future value of reinvestment of the coupon and the receipt of par value at year 6 will be:  

= 70 × ((1+6.875%)⁵)/6.875% )+ 1000

= 1499.16

Therefore, the HPR at the end of Year 6 will be:

= (1499.16/1000)^(1/6 )- 1

= 6.98%

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(Textbook Numerical Problems 4). The Missing Link Chain-Link Fence Company is trying to determine how many chain-link fabricating machines to buy for its factory. If we define a chain-link fence of some specified length to be equal to one unit of output, the price of a new fabricating machine is 60 units of output, and the price of a one-year-old machine is 51 units of output. These relative prices are expected to be the same in the future. The expected future marginal product of fabricating machines (i.e., MPKf), measured in units of output, is 165-2K, where K is the number of machines in use. There are no taxed of any sort. The real interest rate is 10% per year. (a). What is the user cost of capital? Specify the units in which your answer is measured.

Answers

The user cost of capital will be 15 units.

Price of new fabricating machine= 60 units of output

Price of a one-year-old machine = 51 units of output

Marginal cost of fabricating machine = 165 - 2K

Real interest rate = 10%

We'll then calculate depreciation which will be:

= (60 - 51)/60 × 100

= 9/60 × 100

= 15%

Therefore, the cost of capital will be:

= (Interest rate + Depreciation) × Price

= (0.10 + 0.15) × 60

= 0.25 × 60

= 15

Therefore, the user cost of capital is 15 units

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The common stock of A.G. Tailor has a required return of 16 %. The latest press release stated that last year's dividend (D0) was $0.90 per share and that future dividends will increase by 15% for the following 3 years. After year 3, the dividend growth rate will be 3% indefinitely. What is one share of this stock worth to you today

Answers

The worth of this share today is $9.61

The two-stage dividend growth model would be used to determine the value of the stock today. There are two stages in this model. In the first stage, there is a high rate of growth. In the second stage, high growth rate falls to a steady growth rate.

Stage 1 of growth

dividend in Y1 = 0.90 x 1.15 = 1.035

dividend in Y2 = 0.90 x 1.15^2 = 1.19

dividend in Y3 = 0.90 x 1.15^3 = 1.37

Stage 2 of growth

Y3 = (3.91 X 1.03) / (0.16 - 0.03) = 10.85

Find the present value of these cash flows

(1.035 / 1.16) + (1.19/ 1.16²) + (1.37 / 1.16³) + (10.85/1.16³) = $9.61

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The FDA cannot control the content of celebrity Tweets on prescription drugs.
Group of answer choices

True

False

Answers

Answer:

True

Explanation:

The FDA guidance requires pharmaceutical companies to present both benefit and risk information when promoting their FDA-regulated products on social media. ... Such information needs to be provided regardless of any character space constraints on some social media platforms such as Twitter.

True, the FDA cannot control the content of celebrity Tweets on prescription drugs.

What is FDA?

Located under the Department of Health and Human Services, the Food and Drug Administration (FDA or USFDA) is a federal organization. The FDA is in charge of ensuring the safety of food, tobacco products, dietary supplements, prescription and over-the-counter medications, vaccines, biopharmaceuticals, blood transfusions, medical devices, electromagnetic radiation emitting devices (ERED), cosmetics, animal foods & feed, and veterinary products in order to protect and advance public health. The Federal Food, Drug, and Cosmetic Act (FD&C) is the FDA's major area of enforcement, although the organization also upholds related regulations and other laws, most notably Section 361 of the Public Health Service Act. A large portion of this regulatory-enforcement job concerns the regulation of condoms, lasers, cell phones, and other items, as well as the prevention and control of disease in settings ranging from domestic pets to donated human sperm for assisted reproduction.

Depending on the kind of product, any potential risks, and the agency's regulatory authority, many safety regulation schemes exist. For instance, the FDA controls practically every aspect of prescription pharmaceuticals, including testing, manufacturing, labelling, advertising, marketing, efficacy, and safety; meanwhile, the FDA primarily controls labelling and safety for cosmetics. With a set of stated standards and a sparse number of facility inspections, the FDA monitors the majority of products. On Form 483, inspection observations are recorded.

A number of laws passed by the US Congress and interpreted by the FDA control how the Food and Drug Administration regulates foods and dietary supplements. The Federal Food, Drug, and Cosmetic Act and related laws give the FDA the power to regulate the quality of substances sold as food in the US and to keep an eye on any claims made on food labels regarding their composition or health benefits.


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The following information pertains to Carla Vista Company.

1. Cash balance per books, August 31, $7,374.
2. Cash balance per bank, August 31, $7,338.
3. Outstanding checks, August 31, $696.
4. August bank service charge not recorded by the depositor $48.
5. Deposits in transit, August 31, $3,110.

In addition, $2,426 collected for Carla Vista Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Carla Vista Company.

Required:
Prepare a bank reconciliation at August 31, 2022.

Answers

If in addition, $2,426 collected for Carla Vista Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Carla Vista Company.  The bank reconciliation at August 31, 2022 will be:

Adjusted cash balance per bank       $9,752 Adjusted cash balance per books      $9,752

Carla Vista Company bank reconciliation      

Cash balance per bank statement  $7,338  

Add Deposit in transit                                    $3,110    

Less Outstanding checks                              ($696)  

Adjusted cash balance per bank                $9,752

Cash balance per books                               $7,374  

Add Electronic funds transfer received        $2,426    

Less Bank service charge                       ($48)  

Adjusted cash balance per book                 $9,752

Inconclusion if in addition, $2,426 collected for Carla Vista Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Carla Vista Company.  The bank reconciliation at August 31, 2022 will be:

Adjusted cash balance per bank       $9,752 Adjusted cash balance per books      $9,752

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Reasonable people debate the ethics of marketing through influencers. We are sometimes led to believe that they use the product they are advertising, and it isn't disclosed that they are being paid for it. What do you think? Is it ethical? Justify your answer.​

Answers

In modern times, that is peoples job, is to use the product then say how it was, and how it worked for them. This is how they earn money! This would most likely be ethical since they are not lying to you about that they used the product.
Now on the other hand, if they were lying and were just making up words then getting paid, now that’s not ethical.

We have created the following Planned Production Orders over the planning period: 120 Product A We have the following Raw Materials on hand and available to be dedicated to these Planned Production Orders: Enough Raw Materials to product 60 Product A There are Purchase Orders at our suppliers for the following Raw Materials: 50 Product A How many products should we order on New Purchase Orders with our suppliers

Answers

If the Planned Production Orders over the planning period: 120 Product A We have Raw Materials on hand : Enough Raw Materials to product 60 Product A There are Purchase Orders at our suppliers: 50 Product A . The amount of products that should be order on New Purchase Orders with our suppliers is: 10 New Purchase Orders for materials to build product A

Using this formula

Po New product A=Product A Planned Production Orders - Product A Enough Raw Materials to product - Product A Purchased Orders

Where:

Product A Planned Production Orders=120

Product A Enough Raw Materials to product=60

Product A Purchased Orders=50

Let plug in the formula

Po New product A=120-60-50

Po New product A=10

Inconclusion if the Planned Production Orders over the planning period: 120 Product A We have Raw Materials on hand : Enough Raw Materials to product 60 Product A There are Purchase Orders at our suppliers: 50 Product A . The amount of products that should be order on New Purchase Orders with our suppliers is: 10 New Purchase Orders for materials to build product A.

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Jamal is creating a four-fold brochure about the parts of a business including production, finance, marketing, and customer service. If he only wants to highlight the key aspects of each part with several bullet points, what information should he include? Briefly explain why you feel this is the most important information about each part of a business.

Answers

If Jamal is creating a four-fold brochure about the parts of a business including production, finance, marketing, and customer service If he only wants to highlight the key aspects of each part with several bullet points, the information  he should  include will be:

Jamal should carry out adequate and accurate research concerning the vital information that should be included  in the brochure.

The information that he should include in his brochure should be:

He should include relevant information that the customers need in the brochure.

He should show professionalism or he should show how professional he his when it has to to with his business.

He should highlight the most important aspect of the business such as the company products and services.

He shown reveal the purpose and objective of the business including what the business stand for.

The reason why i feel this is the most important information about each part of a business is because it will enables people to know that he is good at what he does  which will in turn help to promote the business.

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If an insured under a variable life insurance policy does , how will the insurer respond to outstanding policy loans

Answers

Variable life insurance is quite different from policies like Conventional Whole life assurance, Fire Insurance, Motor Insurance, House-owner Insurance etc.

This type of life insurance provides permanent life insurance policy with an investment component which acts similarly to a mutual fund investment.

It is important to understand that the policy does provide loan out features to the life assured if the policy have been in existence for long.

In conclusion, the loan are not required to be paid back, rather, they will be deducted from the Cash value (Benefit payable) on the Variable life insurance policy.

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Someone help choose correctly

Answers

Answer:

Bottom one for sure and least I think is either top one or the second to last.

Do you have a difficult boss? How do you handle
them?

Answers

I have a difficult boss my teacher Angelina teacher she always teach me a lesson, lesson mean a slap.
I handle her, when she slap me I see to my shoes and nikal deta all my guusa.

what is short term debt?

Answers

Answer:

Explanation:

short term debt is debt that needs to be paid off in a short term. for example bank loans

Answer:

Debet is credit. it means debt is oweing someonea favor either for lending a money or for helping them in time of need.

Eggs, toilet paper, and candy bars are examples of __________.
A.
Specialty goods
B.
Convenience goods
C.
Shopping goods
D.
Unsought goods

Answers

Answer:

I think c

Explanation:

u can get it all from a store

Answer:

B. Convenience goods

Explanation:

Edge 2021

What strategies and plans would you develop to improve communication at all levels?

Answers

Answer:

Keep it real. When delivering your message, be truthful and as complete as possible. ...

Be timely. Don't wait until you have all the information to deliver a message. ...

Focus on consistency. ...

Tailor your message. ...

Reinforce it. ...

Encourage feedback. ...

Empower your managers.

Explanation:

Question 1
A) Sarah has an apple and Ava has a bag of chips. Sarah would rather consume the bag of chips, and Ava would prefer to consume the apple. Which of the following is an example of bartering?(1 point)

Sarah pays Ava $1 for her bag of chips.


Ava pays Sarah $1 for her apple.


Sarah trades her apple for Ava's bag of chips.


Sarah and Ava consume the goods they currently possess.


Question 2
A) Gold has historically functioned as money. This is due, in part, to the willingness of others to accept it as valid payment for goods and services. In this case, gold is functioning as a(n)(1 point)

store of value.

unit of account.


fiat money.


medium of exchange.


Question 3
A) Consider a hypothetical economy in which rice functions as money. In addition to being valued as money, rice is valued as a consumer good. In this scenario, rice is said to be(1 point)

fiat money.


representative money.


currency.


commodity money.


Question 4
A) Elementary school students often trade food items at lunch in an effort to have the best lunch possible. In one elementary school, pudding cups have become so popular that they have become a unit of account. This means that(1 point)

a pudding cup will likely have the same purchasing power tomorrow as it does today.


a pudding cup entitles its holder to a share of some valuable asset.


students are eager to accept pudding cups in exchange for any lunch item.


the price of other lunch items is expressed in quantities of pudding cups.


Question 5
A) Which of the following illustrates the difference between the U.S. dollar, a form of fiat money, and a U.S. gold certificate, a representative currency?(1 point)

A U.S. dollar does not have value in addition to its value as money.


A gold certificate does not represent a claim to some specific asset.


A gold certificate does not have value in addition to its value as money.


A U.S. dollar does not represent a claim to some specific asset.

Answers

The correct answers are:

C. Sarah trades her apple for Ava's bag of chips.

D. medium of exchange.

D. commodity money.

D. the price of other lunch items is expressed in quantities of pudding cups.

D. A U.S. dollar does not represent a claim to some specific asset.

which of the following business is LEAST likely to be organized as a sole proprietorship?

Answers

Answer: Their business and personal assets are at risk. managerial ability is limited, sole proprietorship form of business organization is not suitable for large-scale business.

Explanation:

It is an attempt to combine separate economies into larger economic region.

Answers

Answer:

economic integration I believe

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