Answer:
Explanation:
1. JH Green, Corporate Personnel Officer - Discretionary cost center
2. Kalya Borodina, Sales Manager, Peru - Revenue center
3. Jay Smith, Chief Executive Office - Investment center
4. Andres Goya, Vice-President, South America - Profit center
5. Irene Chan, Mexico City Plant Manager - Cost center
Calculation of total number of budgeted direct labor hours for the year:
It is given that Martin manufactures two garden products. These products each require four direct labor hours (dlh) to manufacture. Each product is budgeted for 2,500 units of production for the year.
Hence, the total number of budgeted direct labor hours for the year shall be = 2 Products *2500 units * 4 dlh = 20,000 dlh.
Answer:
The correct answer is the option C: Verifiability.
Explanation:
To begin with, the accounting concept of <em>"Verifiability"</em> indicates that the accounts of a company are verifiable in the cases when those accounts are reproducible so that indicates that given the same data and assumpitions it is understandable that an independent accountant can produce the same result the company actually did. Therefore that the verifiability is the concept that states that an accounting transaction should be supported by sufficient evidence to allow two or more qualified accountants to arrive at similar measures as it said before.
Answer:
The correct and labeled image of the price ceiling is attached :
Explanation:
The Price ceiling is the legal maximum price, it is ineffective and not true for the market equilibrium price. It is always less than the market price equilibrium.
The correct image on the basis of the given instruction and to the price 3.14bis attached to the answer please zoom to see the clear image.
Answer: Option (D) is correct.
Explanation:
In the labor discipline model, an increase in unemployment will decrease workers’ employment rents and decrease workers’ effort level.
An increase in the unemployment, will shift the bargaining power towards employers. So, they are taking advantage of this situation by reducing the wage rate because they know that workers don't have much options of employment.
Now, employers giving lower wage to the workers, as a result this will discourage workers for giving their full effort to the work.
