An office is the center point of organization. ... The office performs a clerical function such as information collection, recording analyzing, distribution of information and executive function such as planning, policies formulation, organization, decision making etc.
Answer:
B. Market Value Method
Explanation:
First, it should be noted that Joint Product costing method allocates joint costs based on the the value of sales per time. Furthermore, Joint costs ratio to the value of sales remains the same for all the products that are evaluated based on the method. When we talk of value of sales, we are automatically referring to the value at which the market receives the product or buys the product so this is market value method.
The implication of this, is that the gross profit percentage used for all the products undert this costing method will be the same. oint product costing method.
This costing method is usually employed by a business when maunfacturing process of the production process of goods is such that there is a stage where products are split off for different reasons. The production costs or manufacturing costs before the split of must be allocated threfore, a costing method (Joint Product Costing Method or Market Value Method) is assigned.
The New York Federal Reserve Bank Group of president always gets to vote at the FOMC meetings.
A. president always gets to vote at the FOMC meetings.
<u>Explanation:</u>
The FOMC (Federal open market committee) is the the group which implements policies for the federal reserve systems. The New York Federal Reserve Bank Group, The president always gets to vote at the FOMC meetings.
There are 12 members who can vote and nine of the voting presidents of the reserve bank vote once in every three years. The president of the federal reserve bank also votes. the votes are casted in a rotating basis.
Answer:
Sector bets
Explanation:
Vanguard funds are not a true representation of indexes they are supposed to track because of the occurrence of sector bets.
Sector bet is when the fund manager for the Vanguard fund chooses to invest in parts of the fixed income universe. He feels this will yield good returns in the future.
So what makes up the fund portfolio is different from the index itself, and this causes different investment returns.
A way to make Vanguard funds more accurate is to tighten volume of different types of bonds that the manager can purchase. This will reduce deviation from index figures