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2 years ago

________ means that you accept the potential costs and obligations for the decisions you make.

1 answer:

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Responsibility means that you accept the potential costs and obligations for the decisions you make. The term "responsibility" describes the duty to carry out specific tasks in order to get specific results. Only humans can be given responsibility by an organization; non-living things like machines, equipment, etc. cannot be given accountability.

It results from a relationship of authority and subordination. A senior has the responsibility to order his subordinates to complete the necessary work. He therefore gives obligations to subordinates for this reason. The management may limit it to the execution of a particular task or may make it a continuing duty.

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A cost center is a unit of a business that incurs costs without directly generating revenues. All of the following are considere

Maksim231197 [3]

Answer:

Explanation:

except e other departments are incurring costs but not generating revenue

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3 years ago

What best describes why investing can be such a chalange

NNADVOKAT [17]

Answer:

c) There are no guaranteed investments.

Explanation:

Although all statements are mostly true, the c) answer describes the challenge of investing in the simplest way possible.

The guarantee of investments is not discrete, meaning <u>an investment can never be 100% or 0% guaranteed.</u> Investments are always associated with a certain amount of risk, as numerous factors are always influencing its outcome. Therefore, we can differ only high-risk, low-risk and medium-risk investments.

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3 years ago

Read 2 more answers

Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Couches BedsSales price $5

Luba_88 [7]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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4 years ago

at what point described below will producer surplus most likely drop to zero for a firm? a.) when the firm is taking a significa

kherson [118]

(B) When revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.

<h3>What is revenue?</h3>

The total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue.
Because it appears at the top of the income statement, revenue, which is also known as gross sales, is frequently referred to as the "top line."
A company's overall earnings or profit are referred to as income or net income.
Although both revenue and profit are positive indicators for your company, they are not the same thing.
The producer surplus for a firm will probably reach zero when revenue equals opportunity costs and variable costs.

Therefore, (B) when revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.

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1 year ago

Rida, Inc., a manufacturer in a seasonal industry, is preparing its direct materials budget for the second quarter. It plans pro

exis [7]

Answer and Explanation:

The preparation of the direct material budget for the second quarter is presented below:

Rida Inc

Direct Materials Budget Second Quarter

Units to be produced 240,000 units

Materials requirement per unit 0.60 pounds

Materials needed for production (pounds) 144,000 pounds

Add: Budgeted ending inventory (pounds) 9,450 pounds

(52,500 units × 0.60 pounds × 30%)

Total materials requirements (pounds) 153,450 pounds

Less: Beginning inventory (pounds) 43,200 pounds

Materials to be purchased (pounds) 110,250 pounds

Multiply Material price per pound $175

Budgeted cost of direct materials $19,293,750

We added the ending inventory and deduct the beginning inventory to the production units so that the purchased units could come and then multiply it with the material price per pound so that the budgeted cost could come

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4 years ago