Answer and Explanation:
C) equals marginal cost: is upward-sloping
Answer:
a. It uses multiple work-in-process accounts for manufacturing firms.
Explanation:
"Companies use process cost systems to apply cost to similar products that are mass-produced in a continuous fashion.
[...] companies track costs through a series of connected manufacturing processes or departments, rather than by individual jobs. Thus, companies use process cost systems when they produce a large volume of relatively homogeneous products"
Reference: Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2009). Managerial accounting: tools for business decision making. John Wiley & Sons. pp 100-101
Answer:
True
Explanation:
Risk analysis process implies analyzing potential issues that could negatively impact in the business or critical projects in order to help organizations avoid or mitigate those risks. Involves calculating the probability of something going wrong, and the consequences if it does.
Answer:
Flow production is capital intensive. This means it uses a high proportion of machinery in relation to workers, as is the case on an assembly line. The advantage of this is that a high number of products can roll off assembly lines at very low cost.
Explanation:
Answer:
A. real property
Explanation:
These are known as real property. Like mentioned in the question, this is land and all of the property attached to it, this includes any and all subsets of land that have been improved through any form of legal human actions. There are many things that are included in a piece of land that can be considered real property such as buildings, ponds, canals, roads, and machinery, among other things.
