Answer:
A production possibilities frontier identifies the dollar cost of producing a good or service in an economy.
True
Explanation:
Cost of producing could be envisaged through budgeting where the variable cost, fixed cost and total cost is expected to be calculated either through rough estimate.
expensive...............................
Answer:
The correct answer is letter "A": Provide periodic program review and necessary adjustment against gaps and or shortcomings.
Explanation:
Information Governance or IG principles are regulations that look for taking care of information security and control. Ten (10) are the IG principles and Continuous Improvement is the last one. This principle states that the programs reviewed by the IG are being transformed continuously which implies monitoring on a regular basis to avoid business gaps and shortcomings.
Answer:
Revenue $6,800
Expenses:
- Salaries and Wages Expense ($2,700)
- Supplies Expense ($1,050)
- Depreciation expense ($250)
- Insurance expense ($600)
- Utilities Expense ($400) <u>($5,000)</u>
Net income $1,800
1) you must add insurance expense
2) you must decrease supplies expense = $1,200 - $150 = $1,050
3) you must add depreciation expense
4) you must increase salaries and wages expense = $2,300 + $400 = $2,700
5) you must increase revenue = $6,100 + $700 = $6,800
