Answer:
contemporary
Explanation:
Since in the question it is mentioned that the vernon has set up the system having an input, output, etc also the management style should be changed as per the individual & environmental situation so here he applied the contemporary perspective for minimizing the errors so that the wastage could be reduced and helps in attaining the objectives in an efficient manner
What? What does this mean?
If a bank has more rate-sensitive liabilities than rate-sensitive assets, then a <u>decline </u>in interest rates will <u>decrease </u>bank profits.
In economic accounting, a liability is defined as the future sacrifices of monetary advantages that the entity is obliged to make to different entities due to past transactions or other beyond activities
Property is what a business owns and liabilities are what a business owes. Each is indexed on an organization's balance sheet, an economic statement that shows an employer's monetary fitness. Assets minus liabilities equals fairness, or an owner's net well worth.
A liability is something a person or agency owes, generally an amount of cash. Liabilities are settled over time thru the switch of financial benefits which include cash, items, or services.
Learn more about liabilities here: brainly.com/question/24534918
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Answer:
Kindly check attached picture
Explanation:
Required:
1. According to the activity-based costing system, what is the total cost of serving each of the following parties of diners? (Round your intermediate calculations and final answers to 2 decimal places.)
a. A party of four dinners who order three drinks-?
b. A party of two dinners who do not order any drinks-?
c. A party of one dinner who order two drinks-?
2. Convert the total costs you computed in (1) above to costs per diner. In other words, what is the average cost per diner for serving each of the following parties? (Round your intermediate calculations to 2 decimal places and final answers to 3 decimal places.)
a. A party of four dinners who order three drinks-?
b. A party of two dinners who do not order any drinks-?
c. A party of one dinner who order two drinks-?
Kindly check attached picture for detailed explanation.
Small number is three and large number is four