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1 year ago

The term used to describe expenses that are incurred by a specific department is?

Business

1 answer:

BARSIC [14]1 year ago

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The term used to describe expenses that are incurred by a specific department is direct expenses.

Accounting divides business expenses into two categories: operating expenses and non-operating expenses.

The operating expenses are associated with the primary activities of the business, such as the cost of goods sold.

Non-operating expenses, on the other hand, are those incurred that are unrelated to the primary activities of the business entity.

Option a. is not correct. Indirect expenses aid in the operation of the business but are not directly traceable to the products, such as corporate office rent, employee salaries, and so on. In general, indirect expenses are recorded on the income statement under the heading "Selling and general administrative expense."
Option b. is also wrong. There are no such things as margin costs.
Option c is not correct. Departmental expenses are expenses, but they are not expenses incurred by a particular department.
Option d. is the correct response. Direct Expenses are expenses incurred solely for the benefit of specific departments.

Hence, direct expense is the answer.

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Answer:

A) save domestic jobs

Explanation:

Domestic jobs: These are the categories of jobs that are available in the national country of the company or within the boundary of the country, which has a preference for the local population and has more responsibility toward national´s resources, however, foreign companies have less responsibility toward national´s resources and their sole motive is to earn profit at a lesser cost.

In the given case, Japanese company´s export to the U.S have affected the domestic jobs as their motive is to maximize profit, which leads to an argument for protection of domestic job in U.S auto industry, therefore, US government have limited the export of Japanese automaker.

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3 years ago

Manufacturers sometimes offer a quantity discount to buyers on what kind of order?

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Alborosie

Answer:

Target costing

Explanation:

-High-low pricing is when companies initially establish a high price for a product and then, they decrease it when people are less willing to buy it.

-Everyday low pricing is when companies offer low prices on their products all the time.

-Cost-plus pricing is when companies determine the cost of the product and add the profit margin they need to establish the price of the product.

-Target costing is when companies establish a target cost for the product by taking the price and subtracting the margin they expect from it.

-Competition-based pricing is when companies use the price the competitors have for the same product to establish the price.

According to this, the answer is that the situation exemplifies target costing.

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one business attracts another business of similar type and together they may make more money than they would have singularly. th

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This is an example of competition principle of value.

The required details about business principle of value is mentioned in below paragraph.

The term "business" designates an innovative person, group, or organization that engages in commercial activity. They might be business-related, industrial, or something else. Businesses that operate for profit do so in order to make a profit, while those that operate for good will do so.

Competition's guiding principle: According to the competition principle, excessive profits in any industry will result in excessive competition, which will then obliterate profits. Think about a business that debuts in a secure neighborhood.

What benefit does rivalry have?

The cornerstone of a robust American economy is healthy market competition. Fundamental economic theory shows that when businesses compete for customers, it results in cheaper prices, better goods and services, more variety, and more innovation.

Thus, competition is the correct answer.

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Price floor.
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