<span>A BC subteam called the operations team is responsible for establishing the core business functions needed to sustain critical business operations. The operations team is a smaller group of people within an organization that handle behind the scenes team functions. Having an operations team is one of the most important subgroups to have in an organization. </span>
Answer:
Corporation
Explanation:
The corporation is a legal business entity that is separated from its owners with respect to the assets and liabilities.
In this business entity, they have the right to received, owned or even transferred the property who are entered into contracts with the other legal entities or with the individuals
In addition, this business entity is to be sued and sued to the individual or other business entities depending upon which entity or individual it is dealing with in the court.
Answer:
b.when the unemployment rate begins to decline following a recession.
Explanation:
In a recession there is usually a general decline in economic activities and a resultant decrease in spending. When recession occurs people will have less money to spend on buying stock so prices will fall s a result of reduced demand.
If however the economy is coming out of recession, economic activities are picking up, and unemployment begins to decline. This will lead to greater economic wealth, people will have more money to spend and demand for shares will rise. This will in turn lead to rise in price of shares.
Answer:
Product cost= $1248
Period Cost= $312
Explanation:
Giving the following information:
The insurance coverage premium for the three years is $4,680.
Eighty percent of the premium applies to manufacturing operations and twenty percent applies to selling and administrative activities.
Total period:
Product cost= 0.80*4680= $3744
Period Cost= 0.20*4680= $936
For the first year:
Product cost= $3744/3= $1248
Period Cost= $936/3= $312
Answer:
16. A 17. B
Explanation:
16. A budget for revenue and expenses shows estimated earnings and estimated costs. It is different from a capital expenditure budget, which shows which assets you are going to invest into for the long term.
17. Budgeting should be done prudently. One should understate when it comes to income and overstate when it comes to expenses, so as to not get losses in the future. It is better to make more profit then have more losses in the future
