The permanent file includes all of the following documents except:a. Copy of the client's employment contracts.
The permanent file in accounting and auditing refers to a collection of documents and records that provide a historical overview of a client's business and financial information. It serves as a reference for future audits and helps maintain continuity and consistency in the audit process. The permanent file includes documents that are relevant to the client's overall business operations and financial position.In this context, the permanent file may include copies of the articles of incorporation, which outline the legal formation and structure of the company. It may also include a trial balance, which summarizes the ending balances of all accounts at a particular point in time. Additionally, descriptions of the pension plans may be included, as they provide important information about employee benefits and obligations. However, a copy of the client's employment contracts would typically not be included in the permanent file. Employment contracts are specific to individual employees and are not directly related to the overall business and financial operations of the company. Instead, employment contracts are typically maintained in individual personnel files or human resources records.
Overall, the purpose of the permanent file is to provide a comprehensive record of the client's business and financial information, ensuring that relevant documents are easily accessible for future audits or reference purposes.
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What is it called when managers look at the size of the variances between actual results and budgeted amounts in order to determine which variances should be investigated
At the end of the current year, the bond accounts of Hobeen Services showed the following balances: The bonds were retired early for $61,800. What is the joumal entry to record the retirement of the bonds? a)Loss on Retirement of Bonds Payable Discount on Bonds Payable Bonds Payable 01,000 8,600 3,600 67,000 b)Bonds Payable Discount on Bonds Payable 67,000 3,400 Gain on Retirement of Bonds Payable 8,600 c) Cash Discount on Bonds Payable 61,800 Loss on Retirement of Bonds Payable Bonds Payable 67,000 d) Bonds Payable 67,000 Discount on Bonds Payable Gain on Retirement of Bonds Payable 3,400 1,800
At the end of the current year.The bonds were retired early for $61,800. The correct journal entry to record the retirement of the bonds would be "Bonds Payable 67,000 Discount on Bonds Payable 3,400 Gain on Retirement of Bonds Payable 1,800. The correct option is D.
When the bonds are retired early, the company needs to remove the Bonds Payable and Discount on Bonds Payable accounts from the books.
The Bonds Payable account is credited with its full value of $67,000, indicating that the liability is being extinguished. The Discount on Bonds Payable account is debited for the remaining unamortized discount of $3,400, as it is also being removed from the books.
The Gain on Retirement of Bonds Payable account is credited for $1,800, representing the excess of the amount received ($61,800) over the carrying value of the bonds ($60,000).
Therefore, the correct option is D.
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to my brother jayjay
hahahahahhaha
that is very funny i am laughing so hard i am crying
Which of the following is an example of nonverbal communication?
shaking hands to greet a supervisor
writing an email to a coworker
talking on the telephone to a customer
listening to a presentation at a meeting
ILL GIVE BRAINLEST IF UR ANWSER IT RIGHT .....
Answer:
Option: writing an email to a coworker
Explanation:
Writing an email to a coworker is an example of nonverbal communication because there is no communication between people by speaking or listening. Writing an email to a coworker is a way of communicating with a person without listening to others converse or engage in one to one talk in person.
Answer:
B
Explanation:
If you have $600 and you find an investment that annually yields 3%, how much interest would you earn in 15 years?
Answer:
$270.00 in 15 years
Explanation:
3% of $600 = $18.00 annually
$18.00 x 15 years = $270.00 interest earned
Cookie Company
You and your roommate are preparing to launch Kristen's Cookie Company in your on-campus apartment. The company will provide fresh cookies to hungry students late at night. You need to evaluate the preliminary design for the company's production process in order to make key policy decisions, including what prices to charge, what equipment to order and how many orders to accept, and to determine
whether the business can be profitable.
Business Concept
Your idea is to bake fresh cookies to order, using any combination of ingredients that the buyer wants. The cookies will be ready for pickup at your apartment within an hour.
Several factors will set you apart from competing products such as store-bought cookies. First, your cookies will be completely fresh. You will not back any cookies before receiving the order; therefore, the buyer will be getting cookies that are literally hot out of the oven.
Second, like many Boston-based area ice-cream shops, you will have a variety of ingredients available to add tot he basic dough, including chocolate chips, M&M's, chopped Heath bars, coconut, walnuts, and raisins.Buyers will telephone in their orders and specify which of these ingredients they want in their cookies. You will guarantee completely fresh cookies. In short, you will have the freshest, most exotic cookies anywhere, available right on campus.
The Production Process
Baking cookies is simple: place all the ingredients in a mixing bowl and mix them; spoon the cookie dough onto a tray; put the cookies into the oven; bake them; take the tray of cookies out of the oven; let the cookies cool; and finally, take the cookies off the tray and acrefully pack them in a box. You and your roommate already own all the necessary capital equipment: a high capacity professional-grade electric mixer, cookie trays, and spoons. Your apartment has a small oven that will hold one tray at a time. Your landlord pays for all the electricity. The variable costs, therefore, are merely teh cost of the ingredients (estimated to be $0.60/dozen), the cost of the box in which the cookies are packed ($0.10 per box; each box holds a dozen cookies), and your time (what value do you place on your time?).
A detailed examination of the production process, which specifies how long each of the steps will take, follows. The first step is to take an order, which will be extremely fast and 100% accurate, since your roommate has devised a method using the campus e-mail system to accept orders and to inform customers when their orders will be ready for pickup. Because this runs automatically on your personal computer, it does not take any of your or your roommate's time. Therefore, this step will be ignored in further analysis.
You and your roommate have timed the necessary physical operations. The first physical production step is to wash out the electric mixer's bowl and beaters from the previous batch, add the ingredients to the bowl, and turn on the mixer to mix the ingredients. The electric mixer can hold and mix ingredients for up to three dozen cookies. You then spoon the cookies, one dozen at a time, onto a cookie tray. These activities take 6 minutes for the washing and mixing steps, regardless of how many cookies are being made in the batch. That is, to mix enough dough and ingredients for three dozen cookies takes the same 6 minutes as for one dozen cookies. However, spooning the cookies onto the tray takes 2 minutes per tray.
The next step, performed by your roommate, is to put the cookies in the oven and set the thermostat and timer, which in total takes about 1 minute. The cookies bake for the next 9 minutes. So total baking time is 10 minutes, during the first minute of which your roommate is busy setting the oven. Because the oven only holds one tray, a second dozen takes an additional 10 minutes to bake.
Your roommate also performs the last steps of the process by first removing the cookies from the oven and putting them aside to cool for 5 minutes, then carefully packing them in a box and accepting payment. Removing the cookies from the oven takes a negligible amount of time, but must be done promptly. It takes 2 minutes to pack each dozen and about 1
minute to accept payment for the order.
This is the process you plan to use to produce cookies by the dozen at Kristen's Cookie Company. As experienced bakers know, a few simplifications were made in describing the actual cookie production process. For example, the first batch of cookies for the night requires preheating the oven. However, such complexities will be put aside for now.
1. Begin your analysis by developing a process flow diagram of the cookie-making process.
2. How many one dozen orders can you fill in a night assuming you are open four hours each night? (The answer is 26 dozen. Please explain how you arrived at approximately this number.) What is the bottleneck?
3. In planning for the ongoing capacity of KCC, should you use a capacity cushion?
1. The process flow diagram illustrates the steps involved in Kristen's Cookie Company's cookie-making process, from order placement to the final delivery. 2. Approximately 26 dozen one dozen orders can be filled in a night, assuming the business is open for 4 hours. 3. It is recommended to incorporate a capacity cushion in the ongoing capacity planning for KCC.
1. Process Flow Diagram:
The process flow diagram for Kristen's Cookie Company's cookie-making process can be represented as follows:
Order -> Wash and mix ingredients -> Spoon cookies onto tray -> Oven baking -> Cool cookies -> Pack cookies -> Accept payment
2.Calculation of One Dozen Orders:
To calculate the number of one dozen orders that can be filled in a night, we need to consider the time required for each step of the process and the available operating hours.
Washing and mixing ingredients: 6 minutes
Spooning cookies onto tray: 2 minutes per tray (each tray holds one dozen cookies)
Oven baking: 10 minutes per tray (each tray holds one dozen cookies)
Cooling cookies: 5 minutes
Packing cookies: 2 minutes per dozen
Accepting payment: 1 minute per dozen
Operating hours: 4 hours
Let's calculate the time required to fulfill one dozen orders:
Washing and mixing ingredients: 6 minutes
Spooning cookies onto tray: 2 minutes
Oven baking: 10 minutes
Cooling cookies: 5 minutes
Packing cookies: 2 minutes
Accepting payment: 1 minute
Total time required per dozen: 6 + 2 + 10 + 5 + 2 + 1 = 26 minutes
Now, we need to calculate how many batches of one dozen cookies can be made in 4 hours:
Number of minutes in 4 hours = 4 hours * 60 minutes/hour = 240 minutes
Number of one dozen orders = 240 minutes / 26 minutes per dozen ≈ 9.23 dozen
Therefore, approximately 9 dozen (or 26 dozen) orders can be filled in a night, assuming the business is open for 4 hours each night.
Bottleneck: The bottleneck in the process is the oven baking step, which takes 10 minutes per tray. As the oven can only hold one tray at a time, this step limits the overall production capacity.
3. Capacity Cushion
In planning for the ongoing capacity of Kristen's Cookie Company (KCC), it is advisable to incorporate a capacity cushion. A capacity cushion is an additional capacity beyond the expected demand that allows for flexibility, accommodates fluctuations in demand, and provides a buffer for unexpected events.
Factors to consider when determining the capacity cushion for KCC:
Variability in demand: If the demand for cookies fluctuates significantly, a larger capacity cushion may be needed to meet peak demand periods.
Flexibility and responsiveness: A smaller capacity cushion allows for quicker response to changing customer orders and reduces the risk of inventory spoilage or obsolescence.
Cost considerations: A larger capacity cushion incurs higher fixed costs due to the need for additional resources, such as equipment and labor.
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what percent of cdc employees are vaccinated cassidy
According to CDC Director Dr. Walensky, the percentage of CDC vaccinated employees is not known.
This is based on the interview conducted by Senator Cassidy on the situation of the coronavirus vaccine.
In the interview, Senator Cassidy asked Dr. Walensky a series of questions concerning the vaccines, including the number or percentage of CDC ( Centers for Disease Control and Prevention) employees that have been vaccinated.
Dr. Walensky responds that “I don’t have that for you today, " which implies that it is not known at that moment.
Hence, in this case, it is concluded that the correct answer is "It is not known."
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Which portion would not be part of an investment portfolio? ( A ) A SAVINGS 529 PLAN ( B ) Equity investments in a company ( C ) a saving account ( D ) Commodities funds I picked ( A ) and it was wrong but when I checked 5.07 Unit Test: Saving and Investing Quiz flashcards it says ( a ) so where I go wrong. plus i got number 1 wrong to it says . ( 1 ) Which situation is a good reason to have a financial reserve that's larger than normal?
, having a large monthly car payment, ,
being able to find another job quickly if needed - I picked this one wrong again but the flash card said its this one
having mostly discretionary expenses
having an income that is fairly predictable
The portion that would not be part of an investment portfolio is : ( C ) a saving account
The situation that is a good reason to have a financial reserve that's larger than normal is: A. Having a large monthly car payment.
Which portion would not be part of an investment portfolio?1. Option C, a saving account, would not be part of an investment portfolio as it is a basic bank account that offers low interest rates and is typically used for saving money rather than investing.
The other options, A, B, and D, are all investment options that can be included in an investment portfolio
2. Having a large monthly car payment is a situation that would warrant having a financial reserve that's larger than normal. This is because the car payment is a fixed expense that must be paid every month, and in the event of a financial emergency or unexpected expense, having a larger financial reserve can provide a cushion and prevent defaulting on the car payment.
It is always a good idea to have a financial reserve that can cover at least three to six months of expenses, regardless of the specific situation.
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Kaman Company purchased a building and land with a fair market value of $450,000 (building, $350,000 and land, $100,000) on January 1, 2024. Kaman signed a 20-year, 7% mortgage payable. Kaman will make monthly payments of $3,488.85. Round to two decimal places. Explanations are not required for journal entries.
Answer:
Journals :
Land $350,000 (debit)
Building $100,000 (debit)
Mortgage Payable $450,000 (credit)
Explanation:
The Land and Building is Initially measured at cost of acquisition not the fair market value. The cost of Acquisition in this case is the Present Value of the Mortgage Payable used to obtain the Property.
Step 1
Use the Time Value of Money Techniques to find the Present Value of the Mortgage.
Calculation of Present Value of the Mortgage
N = 20 × 12 = 240
P/YR = 12
PMT = - $3,488.85
I = 7 %
FV = $ 0
PV = ?
Using a Financial Calculator to Input the Values as above, the Present Value of the Mortgage will be $450,000.
Step 2
When Recording, apportion the Land and Building costs using their fair market value.
Land $350,000 (debit)
Building $100,000 (debit)
Mortgage Payable $450,000 (credit)
If a country's birth rate is 15 per 1,000 population per year and the death rate is 10 per 1,000 population per year, what is
the annual population growth rate?
5 per 1,000
10 per 1000
15 per 1,000
25 per 1,000
What is the the effect on the foreign price with a combined domestic production subsidy and consumption tax applied by a small country on the same good at the same level?
Answer:
The effect these factor will have on Import is that it will lower Imports and decrease in imports = Increase in foreign prices
Explanation:
The effect on the foreign price when there is a combined domestic production subsidy and consumption tax applied on a good at the same level
i) when consumption tax is applied : The consumer price will increase by the amount of the tax and the demand for the good will decrease while the producer price will remain the same
ii) when production subsidy is applied : producer price will increase while the consumer price will remain unchanged
when they are both set at the same level ( i.e. consumption tax and production subsidy ) The producer price = consumer price
The effect these factors will have on Import is that it will lower Imports and decrease in imports = Increase in foreign prices
What are the three types of money you should use when paying for college, and what type of money are scholarships and grants?.
Loans, grants, and work-study are the three categories of federal financial aid.
Grants are typically offered based on financial need, whereas scholarships are merit-based and given to students based on their academic performance, extracurricular involvement, field of study, and other factors.
Financial aid is cash that you are given or lent in order to help you pay for college. Financial aid that you don't have to pay back includes grants and scholarships. They are known as gift aid because of this.
Some college finance methods are:
Try to get a scholarship. Obtain a college grant by applying. Like scholarships, grants for college are based on financial need and are not repaid.Federal student loans and private student loans.Work study programmes at colleges.To know more about college scholarship refer to the given link:
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You want to ctegsosit $15,00na bank at an interest rate of 7 percent per year What is the uture vale of this money after three yes?
tuture value P+)
present value +0
OA S1837563
OR $19661.94
OC $20407.33
Answer:
A $18, 375.63
Explanation:
The amount to be deposited is $15,000
Interest rate is 7 percent
time is 3 years
the future value will be; the applicable formula
A = p x ( 1 + r) ^n
A = $15,000 x ( 1 + 7/100) ^ 3
A= $15,000 x 1.225043
A=$18,375. 64
You work on salary. Normally, you make $375.00 a week. This week you worked 52 hrs.
How much is your gross pay?
Answer:
658
Explanation:
Which service will a c-snp or d-snp member in the high risk care management category receive?.
The service a c-snp or d-snp member in the high risk care management category receive is: Case Management such as telephonic, digital and/or face-to-face according to a person needs.
What is CSNP?CSNP which full meaning is chronic condition special needs plan is a plan that that enables people that has been diagnosed with chronic health condition to enroll for and this people must be a beneficiary of Medicare plan.
Medicare is an health insurance coverage that help to cover the medical cost of those that enroll under the plan.
Therefore the service a c-snp or d-snp member in the high risk care management category receive is: Case Management such as telephonic, digital and/or face-to-face based on individual needs.
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Your friend Reggie needs to write a resume and asked for your help. In at least 150 words, create a guide for Reggie. What are the essential parts of the resume? What will he need to include? What will he need to avoid? Include information about how he should organize.
Answer:
Name
Address
Contact Number
Objective
Work Experience
Extra Curricular Activities
School Graduated
Referral
Signature
Explanation:
Simple steps in making a Resume
Identify the change in the parent function that will produce the related function shown as a dash line. f(x)= √ x
Answer:
\(g(x) = 2 + \sqrt x\)
Translate the parent function, 2 units upward
Step-by-step explanation:
Given
\(f(x) = \sqrt x\)
See attachment for the graph
Required
Determine the change in f(x) that gives the dashed line
Let the dash line be represented with g(x)
From the attachment, there is only one transformation from f(x) to the g(x).
When f(x) is translated 2 units vertically upwards , it gives g(x); the dash line.
If
\(f(x) = \sqrt x\)
Then g(x) is:
\(g(x) = 2 + f(x)\)
\(g(x) = 2 + \sqrt x\)
Help please
////////////
Answer:
What is this for???
Explanation:
Answer:
this is not school work its work work please dont post this stuff
Explanation:
_____ or short saying of wisdom or truth were used to teach lessons to the people
Answer:
ygyvuyvuhuvhuh
Explanation:
According to the reading, 'The Business Case for Diversity in the Workplace is Now Overwhelming, companies with more diverse leadership teams report _________
Select one:
a. Higher Retention
b. Higher Employee Engagement
c. Higher Innovation Revenue
d. Higher Global Markets
According to the reading, companies with more diverse leadership teams report higher innovation revenue, highlighting the positive impact of workplace diversity on financial performance. Correct option is c.
Companies with more diverse leadership teams report higher innovation revenue. This indicates that diversity in the workplace can positively impact a company's financial performance by fostering innovation and driving revenue growth. A diverse leadership team brings together individuals with different backgrounds, perspectives, and experiences, which promotes creativity, problem-solving, and the generation of new ideas.
By embracing diversity and creating an inclusive work environment, companies can tap into the diverse perspectives of their employees, leading to enhanced innovation and ultimately higher revenue. This highlights the importance of diversity as a strategic advantage for businesses, reinforcing the business case for prioritizing diversity and inclusion initiatives in the workplace. Thus, correct option is c.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Complete the following sentence.
It is very common for job seekers in high-tech/ ____
technology fields to acquire certifications to assure agencies of their
qualifications
It is very common for job seekers in high-tech/ Information
technology fields to acquire certifications to assure agencies of their
qualifications.
What is information technology?
Information Technology is the use of hardware and software services, and related infrastructure to manage and deliver information using voice, data, and video.
The use of information technology in today's personal, business uses is essential. It can be defined as the use of computers and other electronic devices for data reception, storage, retrieval, transmission, and manipulation.
Certifications demonstrate that you are dedicated to your profession, possess unique abilities, and are eager to keep studying in order to be at the top of your game. certifications can help you gain the skills and credentials you need to get a job.
Thus, Information technology is an appropriate response.
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With fixed costs of $600, variable costs of $800, and an output level of 50 units, average fixed cost is $ ______and average variable cost is $_______
The average fixed cost is $12 and the average variable cost is $16.
What are the average fixed and variable costs?To calculate the average fixed cost and average variable cost, we need to understand the formulas for these cost measures.
Average Fixed Cost (AFC) is calculated by dividing the total fixed cost (TFC) by the output level (Q):
AFC = TFC / Q
Average Variable Cost (AVC) is calculated by dividing the total variable cost (TVC) by the output level (Q):
AVC = TVC / Q
Given the information you provided:
Fixed costs (TFC) = $600
Variable costs (TVC) = $800
Output level (Q) = 50 units
Let's calculate the average fixed cost (AFC):
AFC = TFC / Q = $600 / 50 = $12
Therefore, the average fixed cost is $12.
Now, let's calculate the average variable cost (AVC):
AVC = TVC / Q = $800 / 50 = $16
Therefore, the average variable cost is $16.
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With given fixed costs the average fixed cost is $12 per unit and the average variable cost is $16 per unit.
Given fixed costs of $600, variable costs of $800, and an output level of 50 units, the average fixed cost and average variable cost are computed as follows:AFC = FC/QAVC = VC/Q.First, let's compute the average fixed cost (AFC):AFC = FC/QWhere FC = $600 and Q = 50.AFC = $600/50 = $12Thus, the average fixed cost is $12 per unit.Next, let's compute the average variable cost (AVC):AVC = VC/QWhere VC = $800 and Q = 50.AVC = $800/50 = $16Thus, the average variable cost is $16 per unit. Therefore, the average fixed cost is $12 per unit and the average variable cost is $16 per unit.
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explain advertisement
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
Rawls used what he called the veil of ignorance which led him to develop ______.
a. the difference principle in that economic and social equalities (or inequalities) should be arranged to provide the most benefit to the least-advantaged members of society b. five main principles of justice c. the equality principle in that economic and social equalities (or inequalities) should be arranged to provide the most benefit to the least-advantaged members of society d. the difference principle which states that each person has basic rights that are compatible to the basic liberties of others e. the Constitution principle
Rawls used what he called the veil of ignorance, which led him to develop the difference principle in that economic and social equalities (or inequalities) should be arranged to provide the most benefit to the least-advantaged members of society. Option a is correct.
The veil of ignorance requires individuals to imagine themselves as not knowing their social status, wealth, race, gender, religion, or any other characteristics that may affect their life chances. From this position of impartiality, Rawls believed that individuals would choose principles of justice that are fair to everyone.
The difference principle asserts that inequalities in society are just only if they benefit the least advantaged. This principle prioritizes the needs of the most vulnerable members of society and requires that any distribution of resources, opportunities, or privileges must be justifiable based on their impact on the least-advantaged group.
Rawls' theory of justice has been influential in political philosophy and has informed debates about social inequality and the role of government in promoting fairness and justice.
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A process that exhibits random variability would be judged to be out of control. (True or False)
A process that exhibits random variability would be judged to be out of control. True
The motive of statistical system manipulate is to make sure that historic output is random. A procedure that reveals random variability could be judged to be out of manage. If a factor on a manage chart falls out of doors one of the manipulate limits, this suggests that the method output is nonrandom and need to be investigated.
There are two varieties of variables manage charts: charts for records gathered in subgroups, and charts for individual measurements. For sub-grouped information, the factors constitute a statistic of subgroups which includes the imply, range, or widespread deviation.
A manner is said to be in control or stable, if it's far in statistical manage. A technique is in statistical manage whilst all unique reasons of version had been eliminated and simplest not unusual cause version remains. manipulate charts are used to decide whether a technique is in statistical manipulate or no longer.
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A manufacturing company discovered that there is stuck with Richard, and for the past three months had been dropping. How might this affect purchasing
If a manufacturing company discovers that its sales are dropping, this could have a direct effect on its purchasing.
In order to save money, the business might need to buy fewer raw materials and other things. In addition to a drop in production, this can also result in worker layoffs or reduced hours.
To continue to be profitable, the business may have to change its emphasis from cutting costs to boosting sales, creating new goods, or discovering new markets.
In order to generate fresh goods or services that will assist increase sales, the corporation may also need to make investments in research and development.
The Correct question is -
A manufacturing company discovered that there is stuck with Richard, and for the past three months had been dropping. How might Richard's decreased performance over the past three months affect purchasing at the manufacturing company?
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Help me!
Give few examples of resources that are at the risk of depletion.
Answer:
There are several types of resource depletion, the most known being: Aquifer depletion, deforestation, mining for fossil fuels and minerals, pollution or contamination of resources, slash-and-burn agricultural practices, Soil erosion, and overconsumption, excessive or unnecessary use of resources.
Aquifer depletion, deforestation, mining for fossil fuels and minerals, pollution or contamination of resources, slash-and-burn farming methods, soil erosion, and overconsumption, excessive or unneeded use of resources are some of the more well-known examples of resource depletion.
What natural resources are at risk of depletion?Minerals, oil, water, and forests are the resources that are most at risk of being exhausted. The primary driver of deforestation is agriculture, and as food prices rise, more land is being destroyed for crops. Deforestation is a major cause of carbon dioxide emissions, which contribute to global warming.
As of now, there are more than 7 billion people living on Earth, which has resulted in a significant strain on the natural resources that our planet provides due to the ever-increasing demand for these resources. Resource depletion is the correct word to use when the pace of resource use exceeds the rate of resource replenishment. Resource depletion is not a particularly fancy or difficult phrase, but it has been the focus of much research for some time.
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What are scarce resources
Answer:
Scarce resources are resources that are in limited availability.
Explanation:
Hope this helped:)
Answer:
Limited Goods or goods that are running out
Explanation:
Economic Definition of scarce resource. Defined. Scarce goods are also termed economic goods. Scarce resources are used to produce scarce goods. Like the more general society-wide condition of scarcity, a given resource is scarce because it has a limited availability in combination with a greater productive use.
what is used as a set of standard in measurement?
Explanation:
A unit of measurement is a definite magnitude of a quantity, defined and adopted by convention or by law, that is used as a standard for measurement of the same kind of quantity. ... Now there is a global standard, the International System of Units (SI), the modern form of the metric system.