Discuss the potential problems for a business which does not keep adequate business records. (8 marks)

Complete the following sentence. When the long run average cost (LRAC) curve has a positive slope, it implies there are:

A firm is producing an output such that the benefit from one more unit is more than the cost of producing that additional unit. this means the firm is

The phase of a computerized accounting system where day-to-day transactions are entered into the system is called:

Panel (a) shows movements in real GDP for each quarter from the beginning of 1999 through the beginning of 2017. Panel (b) shows movements in the sales of motor vehicles and gasoline for the same years.

Suppose that the adult population is 4 million, the number of unemployed is 0.25 million, and the labor-force participation rate is 75%. What is the unemployment rate?

Sharp Focus Cameras is facing intense competitive pressure. Top marketing managers are looking for ways to cut costs. They are considering a plan to cut distribution costs by eliminating marketing intermediaries from the channel of distribution.

Older adults who participated in 20 one-hour video game training sessions with the program lumosity showed reduction in their:

The total of tools, equipment, machinery, and buildings used to produce goods and services is called supply. True or False

What percentage of federal revenues is made up of corporate taxes

F Rudy offers Oscar $200 for his laptop valued at $600 and Oscar agrees, a court will probably