Answer:
The correct answer is True
Explanation:
In calculating the equivalent units with respect to labor,the physical units at the start of the period is multiplied by the percentage of completion.
In other words, the equivalent units is shown thus:
Equivalent units =100000 units*20%
Equivalent units =20000 units
This implies that labor has carried out 20% of the work required to transform the 100000 units into finished products,since only 20% work is completed, the remaining 80% is expected in the next period.
Investment bank.......................................................
Answer:
The most appropriate leadership style is the Visionary Leadership style
Explanation:
To successfully implement the new system, The leader needs to get his team mates' buy-in by helping them see the impact of the change on the business and how the change impacts their jobs and also emphasize their role in making the change happen successfully
With this style the leader:
1) is taking responsibility for facilitating the change and communicating how the change will happen.
2) Selling the vision by explaining and describing the vision and influencing his team.
3) Ensures the appropriate persons align the vision with their jobs and objectives.
Answer:
A decrease in the size of a tax always decreases the deadweight loss of that tax.
Explanation:
Deadweight loss of tax is defined as the harm that is caused by tax to economic efficiency and prodction. It measures by how much taxes reduces the standard of living of a population.
Deadweight loss is the difference between to tax imposed and the reduction in production level it causes.
A decrease in the size of tax will give more income free to invest in production, therefore the production level will increase. This reduces the deadweight loss.
Effect of tax on deadweight is illustrated in the attached.