Answer:
<em>provide relevant revenue and cost data about each course of action.</em>
Explanation:
Accounting reports are extremely relevant for business decision making. It can help executives make more effective decisions based on periodic cost and revenue accounting data that will guide management to know the real situation of the company, and thus identify the best strategy to correct potential problems.
Answer:
Metrics Bias.
Explanation:
Metrics is defined as a standard of measurement while bias can be explained to occur when there is lack of fairness in arriving at a decision.
Using the same metrics within a company to evaluate the performance of different divisions where each division has its own unique characteristics will not give a fair decision and due to metrics bias as the metrics used may tend to favor some divisions more than others.
Answer:
The number of units must be sold to yield a target operating income of $26,000: 5,600 units
Explanation:
Contribution margin per unit = Sales price – Variable cost per unit = $32-$27=$5
The number of units must be sold to meet the target income figure are calculated by using following formula:
The number of units must be sold = (Total fixed cost + Targeted income) / Contribution margin per unit = ($2,000 + $26,000)/$5 = 5,600 units
Answer: The General offers automobile insurance online. Buyers can purchase a policy over the Internet and the company will provide immediate proof of insurance to get legal drivers on the road quickly.
This shows how electronic commerce contributes to customer value through the creation of <u>new facilities that save time and money, making the insurance system much more efficient and faster, resulting in greater comfort for customers.</u>
