Answer:
Cost center ⇒ Incurs costs without directly yielding revenues.
Investment center ⇒ Holds manager responsible for revenues, costs and investments.
Departmental accounting system ⇒ Provides information used to evaluate the performance of a department.
Indirect expenses ⇒ Costs incurred for the joint benefit of more than one department.
Controllable Cost ⇒ Costs that a manager has the ability to affect.
Responsibility accounting system ⇒ Provides information to evaluate the performance of a department manager.
The opportunity cost of defense budget in terms of private housing is $4666666.7 homes.
Opportunity cost is the cost of next best alternative foregone.
Formula to calculate the opportunity cost for defense budget in terms of private housing is:
= total defense spending/cost of a new home
= $700,000,000,000/$150,000.
In other words, we can say that we have to give up $4666666.7 homes when we are spending an amount of $700 billion on federal defense.
The combination of outlay and Tax revenue that will help correct the deficit situation of Country X is found in Option D. This condition means that the country's tax revenue is in excess of its spending by $200 Million.
<h3>What is a Budget Deficit?</h3>
When there is a shortfall between the available funds or revenue required to service the budget, the country is said to be operating in a budget deficit situation. Note that outlay means spending.
Thus, it is correct to state that The combination of outlay and Tax revenue that will help correct the deficit situation of Country X is found in Option D
See the attached image.
Learn more about budget deficit at;
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Answer: The correct answer is "financial intermediary".
Explanation: In this case, Monfax is an example of a <u>financial intermediary.</u>
A financial intermediary is one that helps finance transactions or also the one that insures those interested against any risk associated with the purchase and sale of goods. Some examples are: banks, insurance companies, credit companies, etc.
<h2>•→ <u>Gross Profit </u><u>Margin </u>•→</h2>
#→<u> </u><u>Gross margin</u> is the difference between revenue and cost of goods sold (COGS), divided by revenue. Gross margin is expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold (e. g. production or acquisition costs, not including indirect fixed costs like office expenses, rent, or administrative costs), then divided by the same selling price. "Gross margin" is often used interchangeably with "gross profit", however the terms are different: "gross profit" is technically an absolute monetary amount and "gross margin" is technically a percentage or ratio.
<h2>•→ <u>Net Profit </u><u>Margin </u>•→</h2>
#→<u> </u><u>The net profit margin</u>, or simply net margin, measures how much net income or profit is generated as a percentage of revenue. It is the ratio of net profits to revenues for a company or business segment. Net profit margin is typically expressed as a percentage but can also be represented in decimal form.
<h3 /><h3>I Hope This Helps You... </h3>