which one of the following statements is not true of marginal costing? Marginal cost is the change in a firm's variable cost due to a one-unit change in output. Costs that are small and unimportant with little impact on profits are called marginal costs. Marginal cost and marginal productivity are inversely related. A marginal cost curve will always intersect the average variable cost curve at the minimum average variable cost.

Outsourcing utilizes efficiency that comes with the specialization.

It is possible to transfer assets and people from one company to another through practice of outsourcing, which is when one company contracts another company to handle planned or ongoing task that is currently being performed internally or may be. The notion, which The Economist claims has "made its presence felt since time of the Second World War," frequently entails contracting of business process, operational, and/or non-core tasks, such as manufacturing, facility management, and call centers and call center assistance. Outsourcing is the process of transferring management of public services to private businesses, even if it is done temporarily. Contracting from abroad and domestically is referred to as outsourcing. Offshoring and nearshoring are both occasionally used terms (transferring a business process to nearby country).

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Answer:

Setting up a business with the aim to make a profit.

Explanation:

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Setting up a business with the aim to make a profit is Entrepreneurship. Hence, option C is correct.

A person who decides to take the risk of starting a new firm is called an entrepreneur. The combination of labour and capital to produce goods or services for profit is called entrepreneurship.

Entrepreneurs take on the risk of trying something new. The process of founding and managing a new business while taking measured risks in the corporate world is at the heart of the definition of entrepreneurship. In other words, it pertains to the capacity to design, organize.

By creating new products and services, they promote new employment, which eventually speeds up economic growth. Therefore, it is necessary to adopt public policies that encourage and support entrepreneurship.

Thus, option C is correct.

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Federal taxes are made up of all of the following except corporate income. Federal taxes are imposed by the federal government and are paid by individuals and corporations. The funds raised through federal taxes are used to finance a variety of government programs.The Internal Revenue Service (IRS) is the agency in charge of collecting federal taxes.

Federal income taxes are the largest source of revenue for the federal government, accounting for roughly half of all federal revenue. The other half comes from payroll taxes and excise taxes. Payroll taxes are taxes paid on wages and salaries, while excise taxes are taxes on specific goods and services. Examples of excise taxes include taxes on gasoline, cigarettes, and alcohol. The answer to the question is corporate income, which is not a part of federal taxes. Corporate income taxes are levied on the profits of corporations, and they are collected by the federal government.

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Given :

An angle 10 16' 15".

To Find :

The given angle into degrees.

Solution :

We know, 1° = 60' and 1' = 60".

Now,

\(15" = (15\times \dfrac{1}{60})^{'}\\\\15"= \dfrac{1}{4}^{'}=0.25^{'}\)

Now,  total minutes are :

(16 + 0.25)' = 16.25'

Converting 16.25' to degrees.

\(16.25^{'} = 16.25\times \dfrac{1}{60} ^o\\\\16.25^{'} = 0.271^o\)

Therefore, angle in degree is ( 10+0.271 )° = 10.271° .

The total utility when two units are consumed is 425. This is because the total utility is calculated by adding the marginal utilities of each of the units consumed.

In this case, the total utility would be equal to the sum of the marginal utilities of the first two units consumed, which would be 200 + 150 = 350. In addition, the marginal utility of the third unit consumed, which would be 125, must be added.

For example, suppose a person buys two cans of soda. The person obtains a utility of 200 when buying the first can of soda and a utility of 150 when buying the second can of soda. In addition, he would earn a marginal utility of 125 by buying the third can of soda. Then, the total utility that the person obtains from buying two cans of soda would be 200 + 150 + 125 = 425.

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Both Venezuela and Ecuador are  latin american  OPEC members (Organization of Petroleum Exporting Countries).

With the creation of OPEC, state sovereignty over land and resources underwent a fundamental transformation, and today, choices made by OPEC have a huge impact on the global oil market and international politics. War or civil disturbance can have highly negative effects if supply is interrupted for a long time. Limitations on oil output in the 1970s led to a substantial rise in oil prices, OPEC's income, and wealth, with significant and long-lasting impacts on the global economy. In order to minimise fluctuations that could hurt the economies of both oil-producing and -consuming countries, an organisation known as OPEC attempts to restrict the oil supply and stabilise oil prices on the worldwide market.

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Answer:

Both Venezuela and Ecuador are  latin american  OPEC members

Explanation:

A relevant range means the range of operations that falls within the capacity of the current level of fixed costs.

In manufacturing, this range means the specific activity level that is bounded by a minimum and maximum amount.

In other word, its is also the level of activity that a company is expected to operate within.

Hence, the relevant range is the range of operations that falls within the capacity of the current level of fixed costs.

Therefore, the Option A is correct.

Missing options "a. Relevant range b. Marginal range c. Operating range d. Linear average"

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Information sharing is effective for sharing the routine information.

Information sharing describes the exchange of information between various businesses, individuals, and technological platforms. Widely dispersed networks, intranets, cross-platform interoperability, application porting, and IP protocol standardization have all dramatically accelerated the sharing of information globally. However, the majority of countries have laws that prohibit transmitting personal information without explicit authorization, regardless of how easy the data transfer itself may be. In the United States and Europe, it is against the law to share a person's personal information without that person's express agreement. Information sharing is expanding as more networks and organizations connect up and it becomes easier to share information online. There are numerous additional forms of information sharing that are not illegal.

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Lower-level managers are empowered to make decisions in a decentralized organization, which can increase motivation and job satisfaction.

Motivation is the reason why humans and other animals begin, continue, or discontinue an activity at any particular time. Motivational states are typically viewed as internal forces that induce a desire to engage in goal-directed conduct.

The Three Kinds of Motivation

Extrinsic. Performing an action in order to achieve or prevent a specific result. Many of the things you perform every day are probably extrinsically driven. ...

Intrinsic. Internal motivation for success or a sense of purpose... Family. Motivated by a desire to provide for your family.

Motivation will assist him in achieving his personal objectives. Individuals who are motivated will be satisfied with their jobs. Individual self-development will benefit from motivation. Working with a dynamic would always benefit an individual.

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Answer:

3. Investing is riskier than putting money in a savings accounts.

Explanation:

Investing involves putting money in profits generating ventures. It is risky because the money invested may be lost should the venture make losses instead of profits. Investments activities include buying of shares and other marketable securities or starting and operating a business. Should the business or investment do well, the returns or profits can be attractive.

Saving is putting money aside for future consumption. Saving may be done through savings accounts that as safe and secure. Money saved is risk-free. The possibility of losing it is very minimal. Because money saved is kept safe, it does not generate much income for the owner.

Based on the rules governing shares sales and purchase, and considering the situation described, to guarantee that you will be elected to the board, the number of shares to buy is 70,001 shares.

A share is a business term that is used ti described the single unit of ownership in a company or financial asset.

Generally, the term share in the business is essentially an exchangeable piece of the value of a company that can fluctuate up or down, which is based on several different market factors. Shares are also known as stocks.

In this case, to get a seat in a seat on the board of directors of four keys, incorporated with 280,000 shares of stock outstanding

we have the following:

Shares necessary = {[1/(1 + 3)] × 280,000} + 1 =

=> 0.25 x 280,000= 70,000

=> 70,000 + 1 = 70,001 shares.

The cost of the shares will be 70,001 x $55 = $3,850,055

Hence, in this case, it is concluded that the correct answer is 70,001 shares.

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Any good, service, or concept created to satisfy a consumer need falls under the umbrella word "product."

A product is anything that can be supplied to a market to satiate the need or want of a client. In marketing, a product is an object, system, or service made accessible for consumer usage as of consumer demand. [1] Products are sometimes referred to as merchandise in the retail sector, and they are purchased as raw materials and then sold as finished things in the manufacturing sector. An additional category of goods is a service.

In project management, "products" are the formally defined project deliverables that make up or help deliver the project's objectives.

Sub-products, which are byproducts of production processes that are still useful, are a similar idea.

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According to sponsorship, based on a 2015 study, 70% of the North American sponsorship market is sports.

Sponsorship refers to the monetary or in-kind support given by businesses to organizations, events, or causes. Businesses benefit from increased brand recognition, improved consumer perception, and increased sales when they sponsor something.The practice of sponsoring anything in exchange for something in return is known as sponsorship.

When one firm supports another, they typically do so to increase recognition, reputation, or influence. Companies can also sponsor events, which can help them attract new customers and boost their brand image.

According to a 2015 report, sports events are the most popular sponsorship item, accounting for around 70% of the North American sponsorship market. Sports events are followed by entertainment and non-profit organizations, respectively, in terms of popularity.

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All of the following are examples of entry qualifiers that suppliers must possess before they proceed to the next phase of the evaluation and selection process except appropriate sales and marketing activities.

In order to be considered for the next stage of the evaluation and selection process, suppliers must meet certain entry requirements, also known as qualifiers. A qualifier is a criterion that a supplier must meet in order to progress to the next stage of the selection process.

Therefore, it is true that all of the following are examples of entry qualifiers that suppliers must possess before they proceed to the next phase. Supplier evaluation are perform by organization through various All of the following are examples of entry qualifiers that suppliers must possess before they proceed to the next phase of the evaluation and selection process except appropriate sales and marketing activities.

In order to be considered for the next stage of the evaluation and selection process, suppliers must meet certain entry requirements, also known as qualifiers. A qualifier is a criterion that a supplier must meet in order to progress to the next stage of the selection process.

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Foreign exporters find it more challenging to market their goods when a nation applies tariffs. They may lower pricing to prevent a sharp reduction in sales as their exports decline.

A tariff, or tax on imports, is the most typical trade obstacle. Tariffs drive up the cost of imported items in comparison to native products (good produced at home). Government taxes on imports are known as tariffs. They increase consumer prices, cause imports to fall, and may prompt other nations to retaliate. A state subsidy to a specific domestic industry is another typical trade obstacle. Producing those goods is less expensive thanks to subsidies than it would be on other marketplaces. Imported items cost more as a result of tariffs. Because of this, domestic customers find it less appealing. Tariffs lessen market competition's strain on domestic producers. It is hoped that people will start buying indigenous goods.

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d. Controls will impact on both the inherent and residual risk. Controls will impact both the inherent risk by reducing its level and the residual risk by determining the extent to which it is mitigated.

Inherent risk refers to the level of risk that exists in a system or process without considering any controls or mitigations. It represents the risk that is inherent in the nature of the activity or operation itself.

Controls, on the other hand, are implemented to mitigate or reduce risks. They are designed to address the inherent risk and lower its impact or likelihood of occurrence. Therefore, controls have an impact on the inherent risk by reducing its level.

Residual risk, however, is the risk that remains after implementing controls or mitigations. It is the risk that an organization still faces even with controls in place. Residual risk takes into account the effectiveness of controls and the potential for any remaining risk.

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The correct answer is Designing, constructing, and maintaining buildings and other structures.

Explanation:

A career cluster groups different careers related to the same area of knowledge and similar applications. In the case of architecture and construction, this includes careers such as architecture, civil engineering, carpentry, paving operators, etc. Moreover, these careers are all related to creating buildings or structures, which involve designing or planing the structures, then constructing them, and finally, dealing with the maintenance of the building. This includes the creation of houses, bridges, roads, etc.

Answer:

answer is A

designing constructing, and maintaining buildings and other structures.

Explanation:

hope this helps!

Answer:

what do you need help with?? we dont see anything

Explanation:

Answer:

?

Explanation:

Leverage can increase investment risk because it involves borrowing money to make investments, which can result in higher losses if the investment does not perform well.

Leverage in finance refers to any strategy that involves borrowing money to make purchases while anticipating future earnings to be several times greater than the price of financing. Leverage often refers to using borrowed funds to pay for an asset purchase. Leverage is frequently used in order to boost an asset's profitability. People borrow money and employ leverage because they think they can buy greater resources and increase their profits with the additional funds.

However, it can also potentially increase returns. It does not necessarily decrease investment risk or only work to the investors' advantage. Leverage can increase owners' equity in an investment if the returns generated from the investment are higher than the cost of the borrowed funds.

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The amount reported for consolidated equipment (net) cannot be determined based on the given information. The question only provides the values for additional paid-in capital and retained earnings, which are not directly related to the equipment account.

To determine the amount reported for consolidated equipment (net), we would need additional information such as the cost of the equipment, accumulated depreciation, and any impairments or disposals.

The consolidated equipment (net) value is usually calculated by subtracting the accumulated depreciation and any impairments or disposals from the original cost of the equipment. This will give us the net value of the equipment.
Without the necessary information, it is not possible to determine the amount reported for consolidated equipment (net).

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Objective judgment  assurance does the auditor provide that errors, irregularities (fraud), and direct effect illegal acts that are material to the financial statements will be detected.

When expenses are reduced as a result of a producer investing in additional markets or a larger range of operations, this is referred to as economies of scope.

The cost reductions that a business can obtain by using the same resources or technology to generate a variety of goods or services are known as economies of scope. By diversifying their operations and spreading their costs across a larger amount of output, producers can take use of economies of scope to cut their costs and increase their profitability.

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The correct answer is C) Both A and B above.

Under the Government Auditing Standards, both options A and B would be considered as part of a financial audit. Option A refers to an audit that expresses an opinion on the basic financial statements of a state or local government. This involves examining the financial statements to ensure they are presented fairly and in accordance with generally accepted accounting principles.

Option B involves examining purchasing procedures to determine if they are appropriately designed to ensure program supplies meet standards. While this may not directly relate to the financial statements, it is still considered part of a financial audit under the Government Auditing Standards. This is because evaluating the effectiveness of purchasing procedures can have an impact on the financial operations and controls of an organization.

The Government Auditing Standards, also known as the Yellow Book, provide guidance for auditors conducting financial audits of government entities. It sets forth the standards and requirements for audits, including the scope and objectives of the audit, the auditor's qualifications, and the reporting requirements. The standards aim to promote accountability, transparency, and integrity in the financial operations of government entities.

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The final ordinary dividend of £0.10 per share will reduce retained profits by £100,000 (10p x 1,000,000 shares).

a) Income Statement for the year ended 30/06/2020:

£000

Sales 5333

Cost of sales (Opening inventory 1000 + Purchases 62 – Closing inventory 50) 1012

Gross profit 4321

Expenses:

Rates (prepaid 4 – accrued 2) 2

Insurance (prepaid 3) 0

General expenses 25

Energy bills (accrued 2) 0

Audit fee (accrued 2) 0

Bad debt 13

Depreciation - Equipment (20% of 350) 70

Depreciation - Vehicles (20% of 82) 16

Directors’ remuneration 45

Debenture interest (to be accrued) 10

Interest on bank loan 21

Profit before tax 4037

Taxation (22) 4015

Profit after tax 401

b) Statement of Financial Position as at 30/06/2020:

£000 £000

Non-current assets:

Premises at cost 500

Equipment at cost 350

Less: Accumulated depreciation (70)

Net equipment 280

Vehicles at cost 82

Less: Accumulated depreciation (16)

Net vehicles 66

846

Current assets:

Inventory 50

Receivables 20

Prepayments:

Insurance 3

Rates 2

Cash and bank 62

137

Current liabilities:

Payables (45)

Accruals:

Energy bills 2

Audit fee 2

Bank loan (long term) (140)

(181)

Net current assets (44)

Total assets less current liabilities 802

Financed by:

Share capital:

Ordinary share capital 350

Share premium 20

Retained profits 50

420

Non-current liabilities:

10% Debentures 100

Net assets 722

Note: The final ordinary dividend of £0.10 per share will reduce retained profits by £100,000 (10p x 1,000,000 shares).

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Answer:

B is the smartest option

The correct option is B. If you know you are at risk of becoming unemployed, you should get additional education to learn new skills.

When done properly, skill development can lower unemployment and underemployment, boost productivity, and raise living standards. It makes economic sense to assist people in expanding and updating their skill sets.

Enhances communication, time management, and negotiation abilities, as well as the ability to expand one's professional network. Talent Development: Skills are something that can be learned. People can find, develop, and nurture their intrinsic talent in the preferred sector with the aid of skill training.

Fundamentally, skills development helps people to pick up new talents in order to find employment and possibly launch a lifetime career. Youth are especially vulnerable to unemployment in our country, which affects 29% of the population; 55.2% of those between the ages of 15 and 24 are jobless.

The best choice is B. If you are aware that you could lose your job, you should continue your education to pick up new skills.

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The administrative department handles management activities that affect the entire organization. The accounting department keeps the financial records of the business and prepares reports that help the business to make financial decisions.

Answer:

Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information which can be used in making business decisions.

Explanation:

The following are all benefits of a divisional structure, EXCEPT for the advancement of general management capabilities.

A divisional structure is a way to organize a company so that it is broken up into divisions, which are semi-autonomous units. Despite the fact that the divisions are in charge of their day-to-day operations, they still report to a central authority that establishes the organization's overarching The following are all benefits of a divisional structure, EXCEPT for the advancement of general management capabilities. strategy and coordinates its implementation across the divisions. Divisional structures are used by big businesses, particularly big international ones. One of the first businesses to use the divisional structure, for instance, was General Motors. This kind of organization is also known as a multidivisional structure, or M-form.

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Answer: A. They are not making efficient use of their factors of production.

Explanation:

Production Possibilities Curve helps in capturing opportunity cost and scarcity when an economy produces two goods or services.

It should be noted that the points on the interior of the PPC simply means that the economy is inefficient. The points on the PPC implies that the economy is efficient, while the points beyond the PPC simoky means that they are unattainable.

Based on the question, the production points inside the curve simply implies that the economy isn't producing at its comparative advantage, and therefore, they are not making efficient use of their factors of production.