Answer:
B) Integrity
Explanation:
There are various ethical standards which are described below:
A) Credibility: This ethical standard deals with the communication of the correct information of the statement of financial position to all stakeholders of the business organization.
B) Integrity: This ethical standard stated that the chartered accountant should be honest and not biased for his personal gain. If he/she is biased, then he/she violates his/her profession.
C) Competence: The person is capable to do the particular task or not will check by his competence
D) Confidentiality: The financial information should not be disclosed out to third parties. The person should maintain confidentiality.
So as per the given scenario, the most appropriate option is B. Integrity
Answer: Greece; Sweden
Explanation:
A country or a firm has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower in that country or firm as compared to the other country or firm.
Greece's opportunity cost of producing a pane of stained glass = 4 barrels of oil
Sweden's opportunity cost of producing a pane of stained glass = 8 barrels of oil
Therefore, opportunity cost of producing a pane of stained glass is lower in Greece as compared to the Sweden.
Hence, Greece has a comparative advantage in producing stained glass.
Greece's opportunity cost of producing a barrel of oil = 
= 0.25 pane of stained glass
Sweden's opportunity cost of producing a barrel of oil = 
= 0.125 pane of Stained glass
Therefore, opportunity cost of producing a barrel of oil is lower in Sweden as compared to the Greece.
Hence, Sweden has a comparative advantage in producing Oil.
Answer:
c. Universities offer fewer online classes when they generate more revenue than traditional classes.
Explanation:
In this case, the fact that online classes generate more revenue than traditional classes should be an incentive for Universities to offer more online classes instead of fewer online classes. This example clearly does not represent a group responding to an incentive. All of the other examples have a clear cause and consequence relationship and therefore represent groups responding to an incentive.
Answer:
$100,000,000
Explanation:
To calculate relevant break even cost point we ignore all the sunk funds and fixed costs that have already been paid.
This includes,
R&D funds of $1 billion
Tools of $0.5 billion
Factory of $1 million
None of these are the relevant or incremental costs and thus to calculate break even for this order, they will be avoided.
The Break even cost = 50,000 * 2000 = $100,000,000
We only account for the cost of producing each additional unit that is the Marginal Cost of $2,000/missile.
Hope that helps.
Answer:
Market Segmentation
Explanation:
Market Segmentation is an efficient tool used in catering for the wants,needs,etc. for buyers classified under sub-group (age,income,behavior)
