1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alexus [3.1K]
3 years ago
8

If we are replacing an old vehicle with a newer model, the cost of the old vehicle is:_______.

Business
1 answer:
slava [35]3 years ago
8 0

Answer:

Option C

It is a sunk cost

Explanation:

The relevant cost of a decision is that that would future cash cash flow that arises as a direct consequence of a taking a decision.

<em>In other words, before a sum is considered relevant to a decision , it must satisfy the following condition:</em>

  1. Future cost : a cots would only be incurred in the future if the decision is taken
  2. It is must involve cash
  3. It must arise as direct consequence of taking the decision

The cost of the old machine is a past or sunk cost. It does not satisfy the three conditions listed above. Hence, it is no relevant because it is a sunk or past cost

You might be interested in
In his analysis of the Dell fraud for Forbes, Edward Hess comments: "Too often, the market's maniacal focus on creating ever-inc
Vaselesa [24]

Answer:

As earnings naturally represent the managements ability and success, earnings is the item that is most prone to be misrepresented.

we know that projections are forecasts that are never 100% correct and these projections are extremely sensitive to macro environmental factors.

Financial statement fraud refers to intentional, fraudulent misrepresentations and miscalculations in the financial statement accounts, balances and cash flows. such fraudulent alterations are usually done at the accounts level and in those accounts and transactions.

Disclosure fraud refers to fraudulent activities and misrepresentations that are done by not including balances, hiding real figures and not disclosing essential and material items that are necessary to be disclosed.

Explanation:

3 0
3 years ago
Ron,a new associate at Barkley and Sons,is working to cultivate personal relationships with individuals outside of his departmen
scZoUnD [109]

Answer:

B. Personal communication network

Explanation:

Personal communication network -

It refers to the method of establishing new connection or relation with various people, in order to expand his or her network, is referred to as Personal communication network.

The mode of communication can be with some digital gadget, telephone, or word to word communication.

Hence, from the given scenario of the question,

Ron tries to get to know various people, who may help to succeed in future.

As, connection with various people enables the person to get more and more knowledge and experience, thereby showcasing personal communication network.

6 0
2 years ago
How much of the federal government's income comes from individual income tax? (1 point)
Lilit [14]
The right answer for the question that is being asked and shown above is that: "47 percent." the federal government's income comes from individual income tax is that of <span>47 percent. This is the correct answer as far as the federal government's income is concerned.</span>
5 0
3 years ago
Which level of management sets general​ policies, formulates​ strategies, approves all significant​ decisions, and represents th
qwelly [4]

Answer: Top managers.

Explanation: Top managers examples are board of directors, president, vice-president, and CEO. These managers are duly responsible for controlling and overseeing the entire organization. They set and develop goals, strategic plans, company policies, and make decisions on the direction of the business. These top managers are responsible for controlling and overseeing the entire organization with the aim of achieving organization goals.

5 0
3 years ago
What are the three legal forms of business organization? What are their advantages and disadvantages?
algol13

Answer:

There are three legal forms of business organization that are sole proprietorship, society and corporation.

Explanation:

<u>Sole proprietorship:</u> A company that has only one person and works for its own benefit. In almost all the world there are a large number of sole proprietorships which are usually small companies, the most common being for example a personal teacher, a bicycle workshop, etc.

Advantage:

- The owner receives all profits and profits.

- Independence

Disadvantages:

- There is unlimited liability so that all income can be used to pay debts.

- The owner performs several activities.

<u>Company</u>: company that has two or more people. In general, partnership companies are larger than sole proprietorships. The most common companies in society are finance and insurance.

Advantage:

- Raises more funds than sole proprietorship.

- Greater intelligence and administrative ability.

Disadvantages:

- The company dissolves when a partner dies.

- Difficulty to liquidate or transfer the company.

<u>Corporation</u>: The property (shares) of a corporation are its shareholders. Shareholders have profits by receiving dividends that are distributions of the earnings of the shares.

Advantage:

- They have a limited liability, they don't lose more money than they invested.

- The company has a long life.

Disadvantages:

- Higher organizational costs than in other business forms since they need to hire staff.

- Subject to greater government regulation.

4 0
3 years ago
Other questions:
  • Which of the following tips can hurt your cash flow
    13·1 answer
  • Which of the following is not an important question for economic policy raised by the experience of the textile industry? A. How
    9·1 answer
  • Cajun Cookin' sits on a large landscaped lot. Brian and Sondra have a contract with Lovely Landscapes to mow the lawn and take c
    15·1 answer
  • In the competitive sports drink market, Gatorade pays very close attention to the activities of Powerade, a major __________ com
    9·1 answer
  • Question 7
    11·1 answer
  • If you put $400 in a savings account that pays 4% for six years what is the amount of money you will
    7·1 answer
  • e can deposit $5,000 at the end of each six-month period for the next 12 years and earn annual interest of 8.5%, compounded semi
    11·1 answer
  • What are the benefits of a cooperative work experience
    9·2 answers
  • In France, fine dressmaking and tailoring have been a tradition predating Queen Marie Antoinette. Cloth manufacturers, design sc
    13·1 answer
  • Select the correct answer.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!