Which of the following items is not classified as working capital?
Fuel
Money to pay wages
Semi-finished goods
Equipment
Correct answer is D
The answer is equipment. Working capital is the difference between a company's current assets and current liabilities. Current assets are those that can be converted into cash within a year, such as cash, accounts receivable, and inventory. Current liabilities are those that are due within a year, such as accounts payable and accrued expenses.
Equipment is a long-term asset, meaning that it is not expected to be converted into cash within a year. Therefore, it is not classified as working capital.
The other options, fuel, money to pay wages, and semi-finished goods, are all current assets and are therefore classified as working capital.
To summarize, the item that is not classified as working capital is equipment.
Abuse of power by extra-legislative bodies set up the legislature is checked through
recall
general election
parliamentary control
impeachment
Correct answer is C
Parliament has the overall control over the delegated legislation as it takes account with the statutory committees which make law through bills. The main object of parliamentary control is to look that there is no abuse or unnecessary use of the powers given to rulemaking authorities
Which of the following is not a delegated legislation?
Statutory instruments
Bye laws
Orders-in-Council
Public opinion
Correct answer is D
There are three different types of delegated legislation these are orders in council, statutory instruments, and by laws.
Strive to remain in disequilibrium
Consume the same quantity of commodity X
Consume more of commodity X
Reduce consumption of commodity X
Correct answer is C
A rational consumer should consume more of commodity X when the marginal utility from the consumption of commodity X (Mux) is greater than the price commodity X (Px). This is because the consumer is getting more satisfaction from consuming each additional unit of commodity X than they are paying for it. As a result, the consumer should continue to consume more of the commodity until the marginal utility is equal to the price.
The principle of rule of law can be defined as
supremacy of the national assembly
subordination of the legislature to the judiciary
supremacy of the law over all the people in a state
supreme authority of traditional rulers
Correct answer is C
Rule of law is a principle under which all persons, institutions, and entities are accountable to laws that are binding and consistent with international human rights principles