Answer:
The correct answer is option (C)utilitarian approach.
Explanation:
Utilitarian approach: It is referred to as an action in relative to outcomes and reaction
For example, the cost and net benefits of all group of people based on an individual level. that is, by works towards achieving or aiming for the best for the greatest number while producing the least amount of suffering or harm.
An example of operational plan is illustrated when the firm plans to hire thousands of temporary and seasonal help for the final three months of the calendar year.
<h3>What is an
operational plan?</h3>
These are plans that outlines the key activities an organisation will undertake during a period of time usually one year.
Most times, this plans are utilized to work towards achieving the aims and objectives set out in the strategic plan.
Read more about operational plan
<em>brainly.com/question/16852798</em>
#SPJ1
Answer and Explanation:
Kimble Corp entries in 2021 to record the tax effects of the loss carryforward
a)Dr Deferred Tax Asset ($900,000 × 20%) 180,000
Cr Benefit Due to Loss Carryforward $180,000
Dr Benefit Due to Loss Carryforward $180,000
Cr Allowance to Reduce Deferred Tax Asset to Expected Realizable Value $180,000
(b)
Dr Income Tax Expense ($250,000 × 20%) $50,000
Cr Deferred Tax Asset $50,000
Dr Allowance to Reduce Deferred Tax Asset to Expected Realizable value $50,000
Cr Benefit Due to Loss Carryforward $50,000
Complete Question:
The market system:
A. produces considerable inefficiency in the use of scarce resources.
B. effectively harnesses the incentives of workers and entrepreneurs.
C. is not consistent with freedom of choice in the long run.
D. has slowly lost ground to emerging command systems.
Answer:
B. effectively harnesses the incentives of workers and entrepreneurs.
Explanation:
An economic system can be defined as a series of governmental or societal arrangements and a coordinating mechanism used for the allocation of available resources, economic inputs, goods and services across a particular country. The economic system differs according to the method used to coordinate economic activities and who the factors of production belongs to.
Generally, there are basically two (2) main types of economic systems and these are;
1. Command systems.
2. Market systems.
The market system effectively harnesses the incentives of workers and entrepreneurs because workers are able to engage in division of labor and are well compensated for their efficiency in service while the entrepreneur are usually rewarded with an increase in sales and profits.
The market system allows participants to have property rights such as trademarks, patents and copyright. Also, market systems are regulated by the competition among individuals (traders or entrepreneurs) and this gives direction to the market as they pursue self interests and are independent.
Answer: Repeat little and often. It's alarming how quickly students can forget vocabulary. Encouraging students to focus on new vocabulary daily is the best way to make it stick. It doesn't have to involve sitting down for hours; little and often will help get vocabulary into students long term memory.
