Answer: Option B
Explanation: In simple words, functional departmentalization refers to the process in which an organisation makes different departments within, for performing different tasks.
For example - all the activities related to procurement of money will be performed by finance department.
The main advantage of doing so is that each department will perform only specific assigned activities and all the employees working in the departments will be those who are experts in the field.
Answer: Option B
Explanation: In simple words, flexible budget variance refers to the difference between the results that were predicted by the flexible budget model and the actual results.
Flexible budgets are not rigid and are made on some assumptions the difference arises due to variance in the level of variable expenses that were incorrectly predicted by the model.
Hence the correct option is B.
Answer:
The question has below options:
A. The unsold cars count as inventory investment for 2017. 2018 GDP is not affected.
B.The unsold cars count as consumption spending in 2018.
C. The unsold cars count in the inventory investment category for both years and count as consumption spending in 2018.
Option B is the correct answer
Explanation:
The unsold stock of 10 cars in 2017 is classified as investment since the cost of producing them is expected to yield returns in 2018 when they have been sold.
However, the unsold stock of 2017 becomes 2018 consumption of GDP since it relates to household expenditure in 2018, as a result it is accorded such classification.
It cannot be classified as government expenditure as the government is not the one purchasing the vehicle
Also, the ten cars have nothing to do with import or export as they are trade within the domestic economy
Answer: d. Susceptibility to interpersonal influence.
Explanation:
Interpersonal influence is the type of social influence that is exerted by a group to achieve conformity, the difference being frowned upon or discouraged.
Social influence can be seen as a form of peer influence, where the person is urged to be one of the groups and to adapt to the social paradigms approved by the group.
A person susceptible to social influence succumbs to the pressure of the group and leaving their individuality aside, and follows the paradigms that the group dictates. <em>This is the case of Harriett, who adopts the lifestyle of the social class of her new neighborhood.</em>
<em>I hope this information can help you.</em>
Answer:
FV= $34,993.05
Explanation:
Giving the following information:
Annual deposit= $1,475
Number of periods= 15 years
Interest rate= 6.25%
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {1,475*[(1.0625^15) - 1]} / 0.0625
FV= $34,993.05
