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Ivahew [28]
1 year ago
8

A transaction? a. must maintain internal consistency at all times b. can be partially executed if aborted c. can communicate wit

h other transactions d. is made up of reads and writes
Business
1 answer:
Daniel [21]1 year ago
5 0

A correct option is an option (b),i.e., can be partially executed if aborted.

What is a transaction?

An agreement that has been fulfilled between a buyer and a seller to trade goods, services, or financial assets in exchange for cash is referred to as a transaction. In corporate accounting, the phrase is also frequently used.

Why is a business transaction important?

Business transactions are becoming more and more important because they provide an abstract view of the interactions that occur among organizations to achieve a commercial goal.

What is the nature of the business transaction?

A business transaction is an activity that can be quantified objectively that involves the exchange of money, products, or services for money or for the right to receive money between accounting entities that are people (natural and artificial).

Learn more about transaction: brainly.com/question/24730931

#SPJ4

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Mumbai Travel Services provided the following​ information: Direct labor​ rate: $ 40 per hour Predetermined allocation rate for
galben [10]

Answer:

True

Explanation:

Labour rate (indirect cost) = $40 per hour

Labour rate (Direct cost) = $22 per hour

The total cost per hour is $40 + $22 = 62

For five hours the total labour cost will be = 62 * 5 = £310

According to the results, Mumbai travel will make a profit of $ 40.

8 0
3 years ago
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hour
Xelga [282]

Answer:

Results are below.

Explanation:

Giving the following information:

Direct materials: 5 pounds at $8.00 per pound $40.00

The planning budget for March was based on producing and selling 25,000 units.

<u>a)</u>

<u>The material cost included in the planning budget is the standard cost multiplied for the budgeted production.</u>

<u></u>

Direct material requiered= 25,000*5= 100,000 pounds

Standard cost per pound= $5

Direct material budget= 100,000*5= $500,000

b)

<u>The raw material's flexible budget adapts to the actual production level.</u>

Direct material flexible budget= standard cost*actual material used in production

Direct material flexible budget= 5*160,000

Direct material flexible budget= $800,000

<u>c)</u>

<u>To calculate the direct material price variance, we need to use the following formula:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (5 - 7.5)*160,000

Direct material price variance= $400,000 unfavorable

6 0
3 years ago
Customer-Level Planning Circle K operates a number of convenience stores worldwide. Assume that an analysis of operating costs,
Naddika [18.5K]

Answer:

11,000 people

Explanation:

fixed costs per store $80,000

variable cost ratio 0.80

average sale per customer $15

average customer sales per week 1.75

customers as portion of population 4%

each customer shops 1.75 x 52 = 91 times per year

contribution margin per visit = $15 - ($15 x 0.8) = $3

contribution margin per client per year = $3 x 91 = $273

in order to make $40,000 in profits, you need at least:

($80,000 + $40,000) / $273 = 439.56 ≈ 440 customers

to determine the city's total population = 440 / 0.04 = 11,000

4 0
3 years ago
True or False: Increasing the number of stocks in a portfolio reduces market risk.Consider two stock portfolios. Portfolio B con
nikitadnepr [17]

Answer:

The correct answer is False.

Explanation:

A basic principle of investments is the creation of portfolios (or portfolios) for diversification purposes. At any given time, investors simultaneously hold a set of assets that make up their investment portfolio. A basic principle in finance is that an investor should not place all of his resources in a single asset or in a relatively small number of assets, but in a large number of investment instruments. In this way, the possible bad results in certain assets would be offset by the good results of others. Diversification allows the investor to lower the risk of his portfolio without sacrificing returns or, alternatively, increase the return on his portfolio without increasing his risk. Of course, diversification does not guarantee profits under any circumstances, but it does help to dampen the variability of returns on individual assets.

7 0
3 years ago
Mutual funds are no longer a very popular investment. True False
Snezhnost [94]

Answer:

False

Explanation:

In fact Mutual funds are more popular in this decade than it has been years passed.

This is due to the spread of risk over a lot of investments.

It reduces the risk of the investor since they can trade in different securities with their fund.

3 0
3 years ago
Read 2 more answers
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