Answer:
Dear management.
I am thankful to have been appointed as the cost accountant.
This memo is to introduce, briefly, some the most common costs classifications.
Costs can be classified mainly according to their nature, functions, and traceability.
Nature: they can be labor costs (wages paid to workers), material costs (money paid for material goods used in the production of something), and other expenses.
Functions: the costs are classified according to their function. They can be production costs (used in the production process), or commercial costs (used for selling and administrative purposes).
Traceability: the costs are classified depending on whether they can be traced back to the final product or not. They can be direct costs (can be traced back to the final product), or indirect costs (cannot be traced back to the final product).
Answer:
wow that's alot of writing, am not really sure
Answer: The correct answer is "False".
Explanation: The newspaper editors are offering:
The way: because they offer a well developed that has acquired value through a productive process.
Time: Why do you make newspapers available to the consumer at the specific time (in the morning).
The usefulness of the place: Why the newspaper is taken directly to their homes.
And also the Utility of possession: which is the one that gives possession of a good.
Question Completion:
Assume that the required reserve ratio is 10%, and that all currency is deposited into the banking system.
Answer:
The money supply would decrease by $2 billion or less.
Explanation:
a) Data and Calculations:
Treasury securities bought by the Fed = $200 million
Required reserve ratio = 10%
Money supply = $200 million/0.10 = $2,000 million
b) When the Fed buys Treasury securities worth $200 from the bank, the money supply in the economy will be increased because the action increases the amount of money available to the bank, which the bank can subsequently lend to borrowers. However, since it is expected to lend only part of the money, the increase in the money supply will not amount to $2 billion. The actual money supply will be less than this amount.
B the quality is the most important when considering buying an item. Then you think of quantity.