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igor_vitrenko [27]
3 years ago
9

Reports that trace the entry of and changes to critical data values are called ____ and are essential in every system.

Business
1 answer:
ivanzaharov [21]3 years ago
8 0

Answer:

audit trails

Explanation:

Reports that trace the entry of and changes to critical data values are called <u>audit trails</u> and are essential in every system.

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The probability is 13/66
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Answer:

Option C          

Explanation:

Trademark infringement refers to the violation of the exclusive privileges assigned to a trademark without including the permission of the trademark owner and any licensee Violation that arise when one person, the "infringer," uses a trademark that is equivalent or ambiguously related to a trademark used by some other group in connection to goods or services that are equivalent or identical to the goods or services.

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3 years ago
Assume a purely competitive firm is selling 200 units of output at $3 each. At this output, its total fixed cost is $100 and its
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The correct option is:<u> maximizing its </u><u>profit</u><u>, but not necessarily the </u><u>maximum profit</u><u>.</u>

<h3>What is Profit Maximization in a Perfectly Competitive Market ?</h3>

The perfectly competitive firm can choose to sell any quantity of output at exactly the same price. This implies that the firm faces a perfectly elastic demand curve for its product: buyers are willing to buy any number of units of output from the firm at the market price.

When the perfectly competitive firm chooses what quantity to produce, then this quantity—along with the prices prevailing in the market for output and inputs—will determine the firm’s total revenue, total costs, and ultimately, level of profits.

A perfectly competitive firm has only one major decision to make—namely, what quantity to produce. To understand why this is so, consider the basic definition of profit:

Profit=Total revenue−Total cost

(Price) (Quantity produced)−(Average cost) (Quantity produced)

According the question scenario,

<u>Given:</u>

Firm is selling  = 200 units

output = $3 each

fixed cost = $100

variable cost = $350

<u>solution:</u>

Total average cost = variable cost + fixed cost .........(1)

Total average cost  = 350 + 100

Total average cost  = $450

Cost per unit = average cost ÷ no of unit ...................(2)

Cost per unit = 450  ÷  200

Cost per unit = $2.25

So here firm is incurring per units is $2.25 but here earning per unit is $3.

So that here firm is earning economic profit as here market price is greater than earning maximum profit.

Therefore, we can conclude that the correct option is : <u>maximizing its profit, but not necessarily the </u><u>maximum profit. </u>

Learn more about Profit Maximization on:

brainly.com/question/13464288

#SPJ4

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2 years ago
What are the five rules you need to follow before starting a business for yourself?
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1. Own your name.
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3 years ago
The following information is available for Coronado Company: Sales Revenue $389600 Freight-In $29300 Ending Inventory 37400 Purc
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Answer:

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Cost of Goods sold = $262,900

So, Coronado's cost of goods sold under a periodic inventory system is $262,900.

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3 years ago
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