Answer: have control over
Explanation:
Responsibility accounting is a system of accounting whereby responsibility centers are identified and the performance reports of such responsibility centers are prepared and analysed.
Responsibility accounting has to.do with the internal accounting for the responsibility center that the company has and their budgeting.
In responsibility accounting, unit managers are evaluated only on things that they can control or have control over.
Answer:
A. $2,325
B. $2,325
C. $0; $1,715
D. $598.5
Explanation:
A. Calculation to determine the amount of the travel costs can Melissa deduct as business expenses
Round trip airfare $610
Conference registration fees $385
3 nights lodging $1,005
($335*3)
Meals $150
(300*50%)
Cab fare $175
Total deduction $2,325
Therefore the amount of the travel costs can Melissa deduct as business expenses will be $2,325
b. Calculation to determine What amount of the travel costs can Melissa deduct as business expenses
Based on the information given the amount of the TRAVEL COSTS that Melissa can deduct as BUSINESS EXPENSES will still be $2,325.
Round trip airfare $610
Conference registration fees $385
3 nights lodging $1,005
($335*3)
Meals $150
(300*50%)
Cab fare $175
Total deduction $2,325
c. Calculation to determine What amount of the airfare can Melissa deduct as a business expense
Based on the information given Airfare will NOT BE DEDUCTIBLE
Hence;
Total Airfare deductible = $0
Total expenses deductible = $2,325 - $610
Total expenses deductible = $1,715
d. Calculation to determine the amount of the travel costs can Melissa deduct as business expense
Registration fee $385
Mileage $43.5
($75*0.58)
Parking $170
Total deductible $598.5
Therefore the amount of the travel costs that Melissa can deduct as business expense is $598.5
Answer:
II. Including human capital in the market portfolio
Explanation:
Beta refers is a measure of systematic risk of a portfolio which is defined as degree of responsiveness of security return with that of the market return.
Market portfolio represents, the rate of return all the securities in the market currently earn. An investor would require excess of market portfolio return over risk free rate of return, based upon the sensitivity of portfolio return to market return i.e beta.
Jagannathan and Wang conducted a study testing capital asset pricing model which was developed by William Sharpe and John Lintner.
Under their study, Jagannath and Wang included human capital beta in the market portfolio. while evaluating returns from a hundred stocks portfolio. They observed, the coefficient of determination i.e 
rose from 2% to 75% upon addition of human capital.
Thus, the method found how beta performance in explaining security returns could be enhanced upon inclusion of human capital.
Answer:
The value of an investment opportunity you pass up in order to take another investment opportunity
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Answer:
C. inflation caused by decreases in aggregate supply that are not matched by decreases in aggregate demand
Explanation:
Inflation occurs when the cost of a basket of goods increases over a period of time. The purchasing power of money is reduced. It is characterised by low supply and high demand.
There are two drivers of inflation: cost push inflation and demand pull inflation.
Cost push inflation results when there is an increase in cost of production of goods and services.
This reduces the amount of goods supplied and increases their price.
Demand does not reduce in this scenario, so reduced supply does not match the excess demand.
On the other hand demand pull inflation occurs when there is increased demand for goods and services. Supply cannot meet the increased demand
