Answer:
Gross national income
Explanation:
Gross national income is the income earned by a country's residents. Income from abroad is also included in the calculation of GNI. Income earned by non residents in the domestic economy is substracted.
GNI = GDP + [(income from investments abroad) – (income sent abroad)].
Answer:
Direct material quantity variance= $15,351 unfavorable
Explanation:
Giving the following information:
Standard quantity per unit of output 4.6 grams
Standard price $ 15.05 per gram
Actual materials used in production 2,400 grams
Actual output 300 units
To calculate the material quantity variance we need to use the following formula:
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (4.6*300 - 2,400)*15.05
Direct material quantity variance= (1,380 - 2,400)*15.05= $15,351 unfavorable
Answer:
B. First-line managers use mainly technical and human relations skills, while top managers devote most of their time to activities involving human relations and conceptual skills.
Explanation:
First-line managers are a group of managers that are tasked to oversee the company's daily operation. This require them to directly communicate with the employees. This is why, they use mainly technical and human relations skills.
Top managers on the other hand, are tasked to oversee the company's long term interest. They are the one that is involved in<u> creating strategic planning</u> that will drive the company to reach its end goal. This is why they rely most of their time on conceptual skills. That being said, top managers also need human relation skills to form network with other people who had high influence in the industry.
Answer:
concurrent
Explanation:
Concurrent control is when the work done by labour is monitored as the task is being performed. This is to ensure that the product of labour meets quality standards.
Feedback control involves reviewing information on the performance of workers to determine if performance meets quality standards.
Feedforward controls is also known as preventive control : identifies deviation from quality standards before they occur
To own a electrical business
