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skelet666 [1.2K]
3 years ago
15

which of the following best describes the kinds of decisions that result from using cost-benefit analysis

Business
1 answer:
ehidna [41]3 years ago
7 0

With the absence of the options to choose from, lets look at general results of using cost-benefit analysis.

Explanation:

using cost-benefit analysis is a strategic way of making decisions based on cost and benefit solely.

Ideally any investment or strategic decision to be made by an institution needs a cost-benefit analysis.

This is done by listing all the projected resources needed to take up the strategic objective and costed. After which another list is made of the potential benefit that is likely to come to the organisation.

When the two is compared we say <em>you are making cost-benefit </em>analysis.

More often without secondary reasons, the option with the highest benefit over cost is chosen.

This cost and benefit analysis are made both qualitatively and quantitatively.

Quantitatively methods such as NPV are used.

#learnwithbrainly

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An experienced employee who supervises, coaches, and guides lower-level employees by introducing them to the right people and ge
torisob [31]

Answer:

Mentor

Explanation:

The mentor is the person who has knowledge, experience, skills and he or she is able to guide, motivate, gives the training, supervise the lower skill employees so that they can perfect in their work.

But for motivating, guiding the employees we need to appoint the right people who belong from organizational sponsor so that the lower level employees could able to accomplish their tasks so that the overall objective of the company could be accomplished.

3 0
3 years ago
Monty Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $132,800 Allowance for
creativ13 [48]

Answer: The following journal entries apply:

a) Debit Bad debt expense                                    $32,727.6  

  Credit Allowance for doubtful accounts            $32,727.6

b) Debit Bad debt expense                                    $37,017.6  

  Credit Allowance for doubtful accounts            $37,017.6

Explanation: All the sales revenue are on credit to the tune of $806,700, however, there was sales return and allowance of $51,060, which has to be deducted from credit sales to arrive at the net credit sales of $755,640. This amount would be added to the accounts receivable of $132,800 to arrive at the total accounts receivable of $888,440.

a) 4% of $888,440 is $35,537.6. With credit balance of $2,810 in allowance for doubtful accounts, bad debt expense (addition) is $32,727.6  ($35,537.6 - $2,810).

b) 4% of $888,440 is $35,537.6 and there is a debit balance of $1,480 in allowance for doubtful accounts, bad debt expense (to reinstate allowance account to $35,537.6) is $37,017.6 ($35,537.6 + $1,480).

3 0
3 years ago
The "four P's" of marketing are
Alex73 [517]

Answer:

Product characteristics, price structure, placement strategy, and promotional strategy.

Explanation:

The 4p's are product price place and promotion

8 0
2 years ago
Read 2 more answers
What are five foundations of economics? increasing trade between two countries makes everyone in those countries better off.
geniusboy [140]

The five foundations of trade are:

  • incentives
  • tradeoffs
  • opportunity cost
  • marginal thinking,
  • principle that trade creates value.

<h3>Why do we engage in trade?</h3>

There are five main foundations of trade that are the reason why people engage in trade. One of them is the profit incentive to make money from trade. Another is the tradeoffs that people are forced to make to survive.

Opportunity cost also leads to trade because people give up one thing for another and so may have to sell the thing they gave up to receive the thing they want. There is also the principle which posits that when we trade, value is created. Finally, there is marginal thinking which is thinking along the lines of the benefit of one additional unit.

Find out more on the foundations of trade at brainly.com/question/2710473

#SPJ1

5 0
1 year ago
Chelsea, Inc. uses the job costing method and uses direct labor hours as the allocation base. In 2016, the total estimated and a
REY [17]

Answer:

3. MOH allocated to job= predetermined MOH rate * actual amount of allocation base used by the job

Explanation:

3. MOH allocated to job= predetermined MOH rate * actual amount of allocation base used by the job

The predetermined overhead rate is used to apply manufacturing overhead costs to production jobs. the quantity of a cost driver required by a particular job is multiplied by a predetermined overhead rate to determine the amount of overhead cost applied to the job.

An estimate is made of

  1. the amount of manufacturing over head that will be incurred during a specific period of time and
  2. the amount of the cost driver ( or activity base) that will be used or incurred during the same time period. the predetermined overhead rate is computed as follows

Predetermined Overhead Rate= Budgeted Manufacturing Overhead Cost/ Budgeted amount of cost driver

The predetermined overhead rate is used to apply manufacturing overhead costs to production jobs. The quantity of the cost driver ( or activity base ) required by a particular job is multiplied by the predetermined overhead rate to determine the amount of overhead cost applied to the job.

6 0
3 years ago
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