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Rus_ich [418]
3 years ago
6

What type of questions can be answered with economic tools without interjecting any value judgment as to whether the particular

outcome is desirable or harmful
Business
1 answer:
frosja888 [35]3 years ago
5 0

Answer:

Positive questions.

Explanation:

Positive questions is a type of questions that can be answered with economic tools without interjecting any value judgment as to whether the particular outcome is desirable or harmful.

Hence, positive questions in economics are primarily fact based and objective, thus the statements (questions) are descriptive, concise, clearly measurable, precise and without any value judgment.

For instance, asking if education trust funds by the government increases public expenditures is an example of a positive question.

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The movement of parts from one area of the factory to another is considered a value-added activity whereas the storage of raw ma
ivanzaharov [21]

Answer:

TRUE

Explanation:

Value can be defined as the thing for which an customer is willing to pay the price. It is the activity on any shop floor or business for delivering the product or service to the customer for which the customer is ready to pay the price for it.

If the customers does not wish to pay the price, then there is no value.

So inside a factory, in a shop floor, moving a part from one place to another for making a product that the customer is willing to pay is a value added activity. But excess movement or transportation of product does not any value to it, it is then considered as a waste.

Also storing of products is a non value activity as storing a product will not help the customer in any way and a customer will not pay for a product when it is stored and is of no use to the customer.

4 0
3 years ago
In the Month of March, Digby received orders of 159 units at a price of $15.00 for their product Drat, and in April receives an
zhannawk [14.2K]

Answer: 0

Explanation:

Accrual accounting method simply means when revenue or expenses are written down and recorded at the time that the transaction took place and not when payment was gotten.

The revenue that is recognized on the March income statement will be 0. This is because the delivery was in April and none took place in March.

7 0
3 years ago
All of the following are examples of a business transaction except Select an answer and submit. For keyboard navigation, use the
Simora [160]

Answer:

a A. Thomas invests $2,000 in her business.

DOES NOT QUALIFY AS A BUSINESS TRANSACTION, THIS QUALIFIES AS AN INVESTMENT TRANSACTION

Explanation:

Business transactions must involve two distinct parties, and must result in the exchange of goods or services. Thomas invested on he business, and that is considered an investment transaction, not a business transaction.

b A. Thomas purchases a computer system on account to be used in her business. QUALIFIES AS BUSINESS TRANSACTION, INCREASES ASSETS AND LIABILITIES

c A. Thomas gives an $800 quote to a potential client for services requested.

QUALIFIES AS BUSINESS TRANSACTION, INCREASES REVENUE AND INCOME

d A. Thomas writes check 1002 out of the business checking account to pay the first month's rent on the space her business is leasing. QUALIFIES AS BUSINESS TRANSACTION, INCREASES EXPENSES AND REDUCES INCOME

8 0
3 years ago
Read 2 more answers
How does the payment of rent for equipment affect the accounting equation? assets increase; assets decrease assets decrease; sto
djverab [1.8K]
The answer to this question is <span>assets decrease; stockholders' equity decreases 

The journal for this transaction would be

Debit:  Rent expense       xxxxx
Credit:         Cash                                xxxx
 
 Since cash is considered an asset, it will decrease asset if it placed on credit.
 Since expense will reduce net income that will be allocated to stockholders' equity, it will reduce stockholders' equity when placed on debit     </span>
6 0
3 years ago
Read 2 more answers
Discussed why present age diseases are different from the pasr​
tester [92]

Answer:

in the past we did not have much reshcearch to help figure out what is wrong

now we have the tech to help and we also have vacanation

Explanation:

6 0
3 years ago
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