Neoclassical school of economics has largely contributed to economic development through create, distribute and exploit knowledge as well as through wealth creation.
What is the meaning of Neoclassical?
Neoclassicism refers to artistic trends that draw on Western classical art and culture (usually that of Ancient Greece or Ancient Rome). Traditionally, Classicism is concerned with antiquity (very long ago, in ancient times) art or subsequent art influenced by antiquity.
Vietnam's economy was one of the worst in the world when the 20-year Vietnam War concluded in 1975, and development under the government's following five-year central plans was anemic. Per capita GDP was locked between $200 and $300 by the mid-1980s.
Recent economic performance has been influenced by scientific advancements and technological transformation. The capacity to develop, disseminate, and utilize information has become a significant source of competitive advantage, wealth generation, and quality improvements.
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The Converting Department of Toren Company had 19,200 units in work in process at the beginning of the period, which were 35% complete. During the period, 86,400 units were completed and transferred to the Packing Department. There were 15,200 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0". Toren Company Number of Equivalent Units of Production Line Item Description Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, beginning Inventory in process, beginning Inventory in process, beginning Inventory in process, beginning Started and completed Started and completed Started and completed Started and completed Transferred to Packing Department Transferred to Packing Department Transferred to Packing Department Transferred to Packing Department Inventory in process, ending Inventory in process, ending Inventory in process, ending Inventory in process, ending Total
16,800 units and 16,500 units
The computation of the number of equivalent units of production is shown below:
For Materials:
= Transferred units × Completion percentage + ending work in process units × completion percentage
= 14,800 units × 100% + 2,000 units × 100%
= 14,800 units + 2,000 units
= 16,800 units
For Conversion cost:
= Opening work in process units × remaining percentage + Transferred units × Completion percentage + ending work in process units × completion percentage
= 1,200 units × 75% + 14,800 units + 2,000 units × 40%
= 900 units + 14,800 units + 800 units
= 16,500 units
Transferred units is
= 16,000 units - 1,200 units
= 14,800 units
In mathematics, a percentage is known as more than a few or ratio which is expressed as a fraction of one hundred. It is often denoted by using the percentage sign, % even though the abbreviations "pct.", "pct" also and now "pc" is also used.
A percentage is also a dimensionless quantity which has a natural variety and it has no unit of measurement also .
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Is a principal under a duty to compensate an agent who works on the principal’s behalf?.
Yes, the principal has an obligation to pay the agent for liabilities resulting from the agent's lawful and authorized acts on the principal's behalf, subject to the provisions of the agency agreement.
In the language of law, someone who has been given the authority to act on behalf of another person or entity is referred to as an agent. To represent a client in discussions and other interactions with third parties, an agent may be hired. The agent may be given the power to make decisions.
Attorneys, who represent their customers in legal proceedings, and stockbrokers, who are employed by investors to make financial decisions, are two popular sorts of agents. In these cases, the agent's client is referred to as the principle. When referring to a fiduciary relationship in finance, it means that the agent has been given permission to operate in the client's best interest and on their behalf.
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when sam increases smoothie production from 4 gallons to 5 gallons, his total cost of production increases from $32.50 to $36.85. calculate sam's marginal cost of producing smoothies.
When Sam increases smoothie production from 4 gallons to 5 gallons, his total cost of production increases from $32.50 to $36.85, Sam's marginal cost of producing smoothies is $4.35.
What is marginal cost?The marginal cost in economics is the change in total cost that occurs when the quantity produced is increased, or the cost of producing additional quantity.
All costs that vary with the level of production are included in the marginal cost. For example, if a company needs to construct a completely new factory in order to produce more goods, the cost of doing so is a marginal cost. The amount of marginal cost varies with the quantity of the good produced.
The marginal cost will be:
= ($36.85 - $32.60) / (5 - 4)
= $4.35
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If the required reserve ratio is 10 percent, currency in circulation is $1,200 billion, checkable deposits are $1,600 billion, and excess reserves total $2,500 billion, then the m1 money multiplier is.
0.73 is the m1 money multiplier.
The m1 money multiplier's necessary solution is: ?Information disclosed:
Required reserve ratio (rr) equals 10%, or 0.1.
Circulating money (C) equals $1,200 billion
Deposits (D) = $1,600 billion for checks
Total excess reserves (ER) equals $2,500 billion.
The M1 money multiplier's formula is
M1=1+(C/D)/rr+(ER/D)+C/D
When C is the currency that is currently in use, D denotes a deposit, ER denotes an excess reserve, and RR denotes the needed reserve ratio
Replace the specified values in the formula above.
M1=(1+1200/1600)/(0.1+(2500/1600)+(1200/1600))
M1=0.7253886
M1=0.73
0.73 is the M1 money multiplier.
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Jeb is trying to market a new type of chewing gum. His new gum, popsalot, is a low involvement purchase. Which type of channel coverage should he employ?.
Jeb should employ an intensive type of channel coverage.
The distribution coverage figures in figure 24 represent the proportion of stores that carry a given brand. The record offers the statistics for each emblem presently available on the market. The number of shops in every distribution channel is furnished as nicely.
The market insurance method is the technique of analyzing the market and locating how a good deal of the full marketplace your advertising and marketing marketing campaign ought to cover for a specific product/carrier.
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Describe the needs for achievement, power, and affiliation, and how these needs affect work behaviour. Review the hygiene and motivators in the two-factor theory. Are there any hygiene factors that you would consider to be motivators and vice versa
The desire to attain exceptional results by setting high standards and working to meet them is referred to as a need for achievement. It is a persistent desire to do things better.
What is a two-factor theory?Herzberg's Motivation Theory model, also known as the Two Factor Theory, identifies two elements that influence workplace motivation. These are both hygiene and motivating elements. If hygiene variables are not present, an employee will work less. If motivating factors are present, they will push
The goal of the need achievement theory is to explain why some people are more motivated to succeed than others. It is founded on two psychological principles: an individual's desire for success and an individual's desire to avoid failure.
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Poston Company uses an accelerated depreciation method for tax purposes rather than straight-line depreciation for new asset acquisition. Which of the following choices correctly shows when the majority of depreciation would be taken (early or late in the asset's life), when most of the tax savings occur (early or late in the asset's life), and which depreciation method would have the higher present value?
When Majority of Depreciation is Taken When Majority of Tax Savings Occur Depreciation Method with Higher Present Value
A. Early in life Early in life Accelerated
B. Early in life Early in life Straight-line
C. Early in life Late in life Straight-line
D. Late in life Late in life Straight-line
E. Late in life Early in life Accelerated
Multiple Choice
Choice A
Choice B
Choice C
Choice D
Choice E
The majority of the depreciation would be taken early in the asset's life, most of the tax savings would occur early in the asset's life and the deprecation method that would yield the higher present value is the accelerated deprecation method. (option A)
What is the straight line depreciation method and the accelerated deprecation method?Depreciation is a method that is used to expense to cost of purchasing an asset.
The straight line depreciation is a depreciation method that declines the value of an asset linearly over the useful life of the asset. The depreciation expense each year is the same.
The accelerated depreciation is a depreciation method in which the depreciation expense is higher in the earlier years of the asset that in the later years of the asset. A type of accelerated depreciation is the double declining method where the depreciation expense is twice that of the straight line method.
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a taxpayer may choose to accept a reduced market rate of return on an investment to take advantage of a tax preference associated with the investment. in such case, the taxpayer will pay a/an:
If a taxpayer may choose to accept a reduced market rate of return on an investment to take advantage of a tax preference associated with the investment. in such case, the taxpayer will pay a/an: Implicit tax.
What is Implicit tax?Implicit tax can be defined as the extra amount that a person pay for an assets if the owing the assets does not include any form of benefit. on the other hand it can as well be defined as the decline in the income of a person after deducting all necessary deduction such as tax in a situation were the income of the person increase.
A taxpayer that choose top accept reduced market rate of return on their investment or assets due to the benefit they want to derived for doing that will have to pay implicit tax.
Therefore this is an example of implicit tax.
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If a working environment becomes toxic the productivity of all workers will decline. What will happen to the average cost of production as a result?.
If a working environment becomes toxic the productivity of all workers will decline, average cost increases.
How does a toxic work environment affect productivity?Today, many workers report to unhealthful workplaces.Low morale, increased turnover, decreased productivity, poor job quality, and physical discomfort can all be caused by these work conditions. Workplace noise levels that are too loud cause workers to operate less efficiently and make more mistakes.Additionally, having access to natural light and sufficient ventilation at work increases employee productivity.Another important element in creating a better work environment is effective workplace communication. When less output is generated without a corresponding drop in input, productivity declines .More input results in the same output. The most frequent reason for low productivity at work is a result of employees' incomplete training.Time management and resource management are naturally hampered when employees are not properly trained.To learn more about average cost of production refer
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"Little's Law states: I=TR with the average flow time T, the average inventory I, and the throughput R. When is Little's Law valid? Select one:
a. Little's Law holds for processes where the average inflow rate is always strictly larger than the average outflow rate in the long-run
b. Little's Law holds for processes where the average inflow rate is the same as the average outflow rate in the long-run
c. Little's Law holds for processes where the average inflow rate is strictly smaller than the average outflow rate in the long-run
d. Little's Law holds for any process "
Little's Law holds for processes where the average inflow rate is the same as the average outflow rate in the long-run.
What is the Little's Law?Little's theorem is a mathematical queueing theorem by John Little which states that the long-term average number of customers in a stationary system is equal to the long-term average effective arrival rate multiplied by the average time that a customer spends in the system.
This law is very useful and valid because it does not count into factors the miscellaneous things like process distribution, service distribution, service order, etc.
Therefore , the correct answer is option B.
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How many peaks has amazon’s ceo of worldwide stores, doug herrington, been at amazon?.
+7K%, Sbf and +6K%, Moderna are peaks of amazon’s ceo of worldwide stores, doug herrington, been at amazon.
The end of the year is a busy time for Amazon's warehouse facilities. Peak is the term used by Amazon to describe this time.
Peak season falls on significant occasions like Christmas and Thanksgiving. For associates who work in Amazon facilities and in occupations that are close to warehouses, like Amazon Flex and DSP drivers, peak may be rather chaotic. Associates frequently work 50 to 60-hour weeks during peak times, with 12-hour shifts.
This occurs when employees are compelled to work overtime during consecutive weeks of mandatory extra time (MET) (usually an extra hour every work day with an additional 10 to 12-hour day each week).
In most Amazon facilities during the busiest time of year, vacation is typically frozen. These are referred to as the blackout period. PTO and UPT can be requested as usual.
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High quality, rapid decision making is necessary in industries characterized by constant, turbulent change in products, ______, and technology.
Characterized by a constant, turbulent change in products, markets, and technology.
What is a turbulent change?Reorganizations. Rejecting projects. Promotions. modern technology changes management. Cost reductions. new regulations a shift to a different building.These are all illustrations of significant transformation. Although everyone reacts to change differently, practically any significant shift can leave you feeling as though everything has been flipped upside down. Even while you work to adapt to the change, you might discover that you start to get distracted, worn out, or preoccupied. You might also start to feel anxious, scared, angry, or doubtful. Turbulence is exhibited in these processes, and turbulence in response to change is common.The occasional turbulence you see on airplanes, in the opinion of pilots, poses no danger to the aircraft. Even though you might think you're about to die, planes don't crash as a result of your fear.To learn more about turbulent change refer to:
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The Automachine Corporation produces three high-quality components and last year allocated all costs
except material on the basis of direct labour hours/unit. However, due to the introduction of CAD/CAM
and a complete review of the cost allocation system, Automachine Corporation is considering changing
its basis of machined component costs. For the following year the budget and production data have been
extracted by the machine manufacturing department:
Activity 1 – Automated machinery total cost $1,800,000
Activity 2 – Finishing operations total cost 530,000
Activity 3 – Material handling total costs 130,000
Activity 4 – Packaging and shipping costs 100,000
Activity 5 – Production setup total costs 80,000
Activity 6 – Production scheduling total costs 60,000
$2,700,000
The most appropriate cost drivers for the six activities have been identified as: machine hours, direct
labour hours, number of parts, number of orders shipped, number of production setups, and number of
production orders respectively.
Based on actual data for the previous year, next year’s predicted data for the three high-quality
components are as follows:
Compu #123 Compu #456 Compu #789
Machine hours/unit 4 4 10
Direct labour hours/unit 1 3 6
Number of parts/unit 15 25 60
Number of orders shipped 500 1,000 400
Number of production setups 50 25 25
Number of production orders 150 35 100
Total units to be produced 5,000 2,500 400
Direct materials cost/unit 40 25 55
Required:
As the Management Accountant for the Automachine Corporation, prepare supporting schedules for:
a) Activity rates for each of the six activities.
b) A budget of total costs and unit costs for each of the three components, excluding direct
materials.
c) The computation of the budgeted total and unit costs using the old direct labour hour based
system for each of the three components.
d) Comparing the results of (b) and (c) above suggest the most appropriate system, and discuss the
pros and cons of using ABC cost drivers
answer:no
Explanation:
because you need to try and work it out on your own instead of going to randome people that prob don't know the answer
Becton Labs, Incorporated, produces various chemical compounds for industrial use. One compound, called Fludex, is prepared using an elaborate distilling process. The company has developed standard costs for one unit of Fludex, as follows:
1. Materials price variance?
2. Materials quantity variance?
3. Labor rate variance?
4. Labor efficiency variance?
5. Variable overhead rate variance?
6. Variable overhead efficiency variance?
The calculation of the following cost variances for Becton Labs, Incorporated's Fludex production is as follows:
Materials price variance = $18,000 F
Materials quantity variance = $6,912 Unfavorable
Labor rate variance = $7,040 Unfavorable
Labor efficiency variance = $9,520 Unfavorable
Variable overhead rate variance = $4,800 Favorable
Variable overhead efficiency variance = $2,040 Unfavorable
What are cost variances?In production terms, cost variances refer to the differences in the standard and actual costs of materials, labor, and overhead.
Variances can be either favorable or unfavorable (or adverse).
Variance is favorable when the actual cost is less than the standard cost.
Variance becomes adverse when the actual cost is more than the standard cost.
Standard Qty or hours Rate Cost per unit
Direct materials 2.40 ounces at $18 per ounce = $43.20
Direct labor 0.70 hours at $14 per hour = $9.80
Variable overhead 0.70 hours at $3 per hour = $2.10
Total standard cost per unit = $55.10
Materials purchased during November = 12,000 ounces
Cost of materials purchased = $198,000
Actual direct materials cost per ounce = $16.50 ($198,000/12,000)
Direct materials usage = Material purchase - Ending inventory
= 8,800 ounces (12,000 - 3,200)
Production units = 3,600
Actual labor hours = 3,200 (20 x 160)
The standard quantity of materials = 8,640 ounces (3,600 x 2.40)
Standard labor hours = 2,520 (3,600 x 0.70)
Materials price variance = (Actual unit cost - Standard unit cost) * Actual Quantity Purchased
= ($16.50 - $18.00) x 12,000
= $18,000 F
Materials quantity variance = Standard Unit Cost (Standard Quantity - Actual Quantity)
= $43.20 (8,640 - 8,800)
= $6,912 Unfavorable
Labor rate variance = Actual Hours x (Actual Rate - Standard Rate)
= 3,200 x ($12 - $9.80)
= $7,040 Unfavorable
Labor efficiency variance = (standard hours allowed for production – actual hours taken) × standard rate per direct labor hour.
= (2,520 - 3,200) x $14
= $9,520 Unfavorable
Variable overhead rate variance = Actual hours * (Actual rate - Standard rate)
= 3,200 x ($1.5 - $3)
= $4,800 Favorable
Variable overhead efficiency variance = Standard overhead rate x (Actual hours - Standard hours)
= $3 x (3,200 - 2,520)
= $2,040 Unfavorable
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Pls help i will give branlyist
Choose a specific administrative support job. Then explain the type of multitasking a person might have to do in that job.
Give an example of a clear subject line for an email and an unclear subject line. Then explain why the clear subject line is better.
Human Resources is the administrative job that performs multitasking like payroll, hiring, recruitments, maintaining the atmosphere in office and others.
What is Human Resources?Human resources specialists recruit, interview, and screen job candidates as well as assign newly hired employees to positions. They could also be in charge of training, employee relations, and pay and benefits. Labor relations professionals oversee and evaluate employment contracts.
HR management frequently involves processing payroll, creating job descriptions, developing workplace standards, and buying benefits.
Thus, Human Resources is the administrative job.
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Which of the following is an example of nonstore retailing?
Group of answer choices
factory outlet
convenience store
home shopping network
catalog store
hypermart
Answer:
factory outlet
Explanation:
Its not an actual store
Non-store retailing is the process of selling a product without the use of a retail shop or store. Hence option E is correct .
What is nonstore retailing ?A non-store retailer is someone who sells goods and services or distributes goods to customers without having a store or a place to store the goods.
As a result, we can conclude that non-store retailing includes direct marketing, direct selling, and electronic retailing.
Non-store retailing is the sale of goods and services outside of a retail establishment. It is a broad term for retailing that occurs outside of shops and stores (that is, off the premises of fixed retail locations and of markets stands).
The non-store distribution channel can be divided into two categories: direct and indirect.
Distance selling, which includes all forms of electronic commerce, and t selling (off-premises sales). Mail order, catalogue sales, phone solicitations, and automated vending are all examples of distance selling.
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7. What Economic system exists in the Lorax? Market, Mixed or Command? Explain. Keep in mind private ownership, profit motive, consumer sovereignty, competition and government regulation.
In the Lorax there is a market economic system.
This known because there is no government in the Lorax, so it cannot be a command economy. The Once-ler started his own business and built it up from there.
An economic system in which a nation's businesses and citizens interact to determine economic policy and how much goods and services should cost.
Adam Smith, David Ricardo, and Jean-Baptiste Say were among the classical economists who created the theoretical framework for market economies. These traditional liberal proponents of the free market held that, in general, the profit motive and market incentives led economic decisions in more productive and efficient directions than did government economic planning. They thought that when governments intervened, it frequently resulted in economic inefficiencies that actually left people in worse financial situations.
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Answer:
In the Lorax there is a market economic system. This known because there is no government in the Lorax, so it cannot be a command economy. The Once-ler started his own business and built it up from there.An economic system in which a nation's businesses and citizens interact to determine economic policy and how much goods and services should cost. Adam Smith, David Ricardo, and Jean-Baptiste Say were among the classicaleconomists who created the theoretical framework for market economies. These traditional liberal proponents of the free market held that, in general, the profit motive and market incentives led economic decisions in more productive and efficient directions than did government economic planning. They thought that when governments intervened, it frequently resulted in economic inefficiencies that actually left people in worse financial situations.
Explanation:
Type the correct answer in
the box. Spell all words correctly.
What happens to your tax liability with proper financial planning?
You can
your tax liability through proper financial planning.
Answer:
Proper financial planning reduces tax liability, making it less of a burden in achieving your short and long-term financial goals
If you choose a passive investing strategy, how will your portfolio look with its first allocation?.
If you choose a Passive investing strategy, its first allocation is The trend suggests the stock's price will fall.
Passive investing strategy: Purchasing and keeping securities that closely resemble stock market indexes over an extended period of time is known as passive investing. Due to the fact that you invest in a variety of businesses and asset classes rather than just one stock, it may reduce risk.
Investing in an index fund that tracks one of the major indices, such as the Dow Jones Industrial Average or the S&P 500, is the best illustration of a passive strategy (DJIA). There are numerous strategies for passive investment. Index mutual funds and exchange-traded funds (ETFs) are two regularly used investments under this. Stocks, bonds, precious metals, and other investments are held in portfolios by mutual funds and ETFs. ETFs are exchanged on a marketplace.
Passive funds of all types almost always offer higher returns if you're investing for the long term.
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Given a stock index with a value of $1,125, an anticipated dividend of $33, and a risk-free rate of 4%, what should be the value of one futures contract on the index?.
A futures contract is a commitment to purchase an item at a specified price and quantity at some point in the future.
How Do Futures Work?Futures contracts are derivatives that predetermine the price and volume of a stock, currency, or commodity exchange. Futures contracts are typically traded on an exchange like the CME Group, where traders can be matched with other speculators and business owners.The expiration date specified in the futures contract is measured in ticks. The smallest price increment for a trade is called a tick, and it usually costs one cent. The S&P 500 futures are an exception, with ticks that are equal to a quarter of an index point.Businesses use futures contracts to manage risk, and traders use them to make predictions about the direction of the market and a particular commodity.The standard contract for futures that trade on an exchange is typically established by the exchange, and there is no counterparty risk because the exchange clears all trades.Given futures contract result is : F = 1,125 × (1.04) − 33; F = 1,137.00.To Learn more About futures contract refer to:
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Lack of participation in decisions that affect daily work tasks is a source of organizational stress.
True
False
It is a true statement that lack of participation in decisions that affect daily work tasks is a source of organizational stress.
What is an organizational stress?Basically, an organisational stress means a cognitive, emotional and behavioural response to the harmful and aggressive aspects of work, organisational climate and work environment.
In a case when an employee feels uneasy and helpless in solving tasks, such condition comes under organisational stress. In work setting, many people face various job-related issues such as discrimination, job dissatisfaction etc which result in stress.
Some sources of an organisational stress can be narrowed down to long hours, heavy workload, changes within the organisation, tight deadlines, changes to duties, job insecurity, lack of autonomy, boring work etc.
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What power tactic is being used when a manager says that their request corresponds with a corporate policy or rule?.
Legitimacy power tactic is being used when a manager says that their request corresponds with a corporate policy or rule.
Legitimating refers to persuading someone that, in light of their circumstances or position, they should comply with a request. It's a push tactic with only a small amount of impact.
There are various kinds of influence strategies, and some are more successful than others. Some of them have most likely been used by you or you've at least seen them in action.
In general, we can categorize them into two groups: hard or push tactics and soft or pull tactics.
Push tactics are more often appropriate for situations that call for immediate action, like when an employee has engaged in misconduct.
Pull tactics are more suitable for managing teams on a daily basis. Instead of merely complying, they cultivate support.
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Would you expect a $1 increase in a call option’s exercise price to lead to a decrease in the option’s value of more or less than $1?.
The call price will decrease by less than $1 if a $1 increase in a call option’s exercise price to lead to a decrease in the option’s value of more or less than $1.
Are calls priced at face value?Typically, the call price consists of the bond's face value plus an additional percentage. The indenture agreement relating to the bond specifies the amount of the call price and the period during which it may be enacted.
What exactly are call price and strike price?The strike price of an option indicates the price at which you can buy (for a call) or sell (for a put) the underlying securities before the contract expires. The option's "moneyness," a measurement of its intrinsic value, is the difference between the strike price and the current market price.
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The sharing economy requires companies to be _____ flexible in how they organize their activities.
The sharing economy requires companies to be more flexible in how they organize their activities.
WHAT IS A SHARING ECONOMY?In the sharing economy, short-term peer-to-peer transactions are used to share the use of unused goods and services or to encourage teamwork.A type of online marketplace that links buyers and sellers is frequently used in the sharing economy.Despite its rapid expansion and evolution, the sharing economy still has a lot of obstacles to overcome, including legislative ambiguity and misuse worries.
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The sharing economy requires companies to be more flexible in how they organize their activities.
What is sharing economy?The peer-to-peer (P2P) activity of purchasing, providing, or sharing access to products and services is known as the sharing economy. This economic model is frequently enabled by a community-based online platform. The sharing economy is a socioeconomic structure based on capitalism that emphasizes resource sharing. It frequently involves a different method of buying goods and services than the conventional business model, which involves employers hiring workers to create commodities that are then sold to customers.Short-term peer-to-peer transactions are used in the sharing economy to share the use of unused commodities and services or to promote teamwork.In the sharing economy, a specific kind of online marketplace that connects buyers and sellers is widely used.The sharing economy still faces many challenges, such as legal ambiguity and misuse concerns, despite its rapid expansion and evolution.To learn more about sharing economy refer to:
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Mr. D is the manager of a local walgreens. His biggest concern is to make sure that his store is always making the most profit possible. He cuts costs by focusing on certain logistical decisions. Every other day walgreens receives shipments from pepsi, evian, hershey, and numerous other manufacturers. Walgreens insists on small shipments every two days, which helps to keep their inventory costs low. What system is mr. D using at walgreens to reduce his costs?.
Mr. D using just-in-time inventory Walgreens to reduce his costs.
What is just-in-time inventory?JIT, or just-in-time, inventory management, involves only ordering products from vendors when they are actually needed. This approach's primary goals are to lower the cost of keeping inventory and boost inventory turnover.a necessity for just-in-timeJust-in-time production demands meticulous supply chain planning and the use of top-notch software to complete the entire process up until delivery, which improves productivity and reduces room for error because each activity is tracked. Here are some of the significant effects of a just-in-time inventory management system:Reduces inventory wasteA just-in-time approach prevents overproduction, which occurs when the market's supply of a good exceeds its demand and results in the buildup of unsalable stocks. These unmarketable goods change.
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A new business owner decides to do his
taxes himself instead of hiring an
accountant to handle it for him. This
takes 2 days. If he were to hire
the accountant, he could have used
those two days to meet new clients and
bring in more business, which he will
now miss out on. This tradeoff is an
example of:
O Opportunity cost
O Hobson's choice
O Accounting Process Outsourcing
(APO)
O Time Value of Money
O Monetary Value of Time
Answer:
apo
Explanation:
A change in government spending can close an expansionary gap by shifting the short-run aggregate supply curve. True/False.
Answer:
true I think is to the answer to your question
Suppose that the government regulates the price that a natural monopolist can charge to be equal to the firm's average total cost. Then the firm will
Suppose that the government regulates the price that a natural monopolist can charge to be equal to the firm's average total cost. Then the firm will be subsidized.
What is meant by natural monopoly?If one company can serve a market more affordably than any combination of two or more enterprises, that market has a natural monopoly.
When there is just one company that is the most productive in an industry, a natural monopoly results. It is unfeasible to have more than one company producing the good in a natural monopoly since fixed costs are usually very high. Tap water is an illustration of a natural monopoly.
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Coverage C of the commercial general liability policy will cover reasonable medical expenses incurred within how many years of the accident?
Within One year of the accident, the medical expenses will be covered by the policy.
CGL, or commercial general liability, is a type of insurance policy that covers a company's medical expenses for personal injury, bodily harm, and property damage caused by the company's operations or products, as well as injuries that occur on the company's premises.
Expenses incurred and reported within one year of the date of the accident are covered by Commercial general liability coverage.
A Commercial General Liability (CGL) coverage shields your company from financial harm in the event that you are held accountable for property damage, bodily injury, or advertising injury brought on by your products, activities, or personnel. It covers careless behavior committed by amateurs.
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The IRS has the authority to assess a monetary penalty to who
the IRS has the authority to impose penalties on tax professionals.
The IRS is the Internal Revenue Service division of the United States, in responsibility of managing the Internal Revenue Code, the main piece of federal statutory tax legislation, and collecting federal taxes in the country.
The Commissioner of Internal Revenue, who is chosen by the US President for a five-year term, oversees it as a section of the Treasury Department. The IRS is responsible for handling a number of welfare programs, including the Affordable Care Act, as well as assisting taxpayers with their taxes, prosecuting and resolving cases of inaccurate or fraudulent tax files, and other duties.
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