Answer:
Traditional volume-based job costing will not usually provide the needed cost accuracy.
Explanation:
Cost leadership strategy basically means that the company will try to sell its products and services at the lowest possible price. This should increase total sales volume, but in order to be profitable, the production and operational costs must be very low. Actually, the company needs to continuously find ways to keep their costs under control or decrease them if possible.
Answer:
State ownership
Explanation:
State ownership, or government ownership, or public ownership, is a form of ownership were the government owns or partly owns as well has control over a business with the revenue from the business or establishment being added as benefits accruable to the welfare of the public
The characteristics of a state ownership are;
1) State ownership means that the government is the owner, or part owner of the establishment, where part ownership belongs to the public
2) The main purpose of a state owned business is not to make profit, but rather to provide public welfare, that benefits the residents of the country
3) The profits from the business are entered into the treasury of the state and are used to carry out public welfare projects
4) The employees of the government are the managers of the establishment which is subject to bureaucracy, and the business is operated with a state selected board of directors
5) The government determines the manner of stability present in the business, as well as the winding up of state owned businesses that have no function
6) The state owned business is operated by the laws and policy if the business and it is therefore recognized as an autonomous body
The interdependency of transportation, distribution, communication, and economic networks across international borders globalization.
<h3>What is communication?</h3>
Communication is referred to the exchange of information between two individuals in the form of conversation, opinion, suggestion, or advice with the help of medium or direct interaction.
Globalization is a procedure by which the planet is becoming more interlinked as a consequence of drastically expanded trade and cultural interchange taking place through communication, transportation, and so on.
Learn more about communication, here:
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Answer:
FV= $46,031.45
Explanation:
Giving the following information:
Monthly deposit= $450
Number of months= 59
Interest rate= 0.21/12= 0.0175
To calculate the final value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {450*[(1.0175^59) - 1]} / 0.0175 + 450
FV= $46,031.45
