The US has a form of capitalism with modest government interference with a current increasing tendency towards laissez-faire.
Answer:
The business manager should assume that the building expense is fixed.
Explanation:
Fixed costs are not correlated with the revenue levels. Within the relevant range, fixed costs remain constant. They do not vary with the activity levels as variable costs do. For example, a manufacturer must pay for rent, repairs and maintenance, and utility bills irrespective of the revenue levels at which it is operating. This is why the business manager always discovers that the building expense each month does not correlate with the revenue levels, unlike the product's variable costs.
LIFO uses the last unit costs for Cost of Goods Sold on the income statement and the first unit costs for Inventory on the balance sheet.
<h3>What is LIFO?</h3>
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
For example, if beginning inventory consists of 10 units at $10 per unit. In the middle of the month, 10 units were bought at $15 per unit. At the end of the month, 10 units were sold. Using LIFO, the cost of goods sold would be $150 ( 10 x 15). Ending inventory would be $100 ($10 x 10).
To learn more about LIFO, please check: brainly.com/question/13779572
Answer:
D. Break your report into modules and put highly detailed information in an appendix.
Explanation:
According to the question above, it is observed that when writing the report on new regulations that affect your company, the main objective is to reach the executives, who are busy and will read your report quickly, so the ideal is that the report is written with highly detailed information in an appendix and the report is divided into modules, with the aim of executives to access the most important information and the parts that most interest them more quickly.
Therefore, the report must be complete and contain all information about the subject in question, as it should also reach members of the secondary and tertiary public, they will probably read more slowly and carefully.
The appropriate fiscal policy for when an economy goes into recession would be the expansionary fiscal policy.