Answer:
organizations that are in the middle of a series of organizations that distribute goods from producers to consumers.
Explanation:
Intermediaries can be described as middlemen. They enhance the flow of goods and services between the producer and the consumer.
They are organizations that are in the middle of a series of organizations that distribute goods from producers to consumers.
Types of Intermediaries
- agents
- wholesalers
- distributors
- retailers.
Advantages of Intermediaries
- They increase efficiency of the distribution process
- they provide logistics support
Disadvantage of Intermediaries
they can increase the cost of a good
Answer:
a. have been recorded on the company's books but not yet by the bank
Explanation:
The deposit in transit means the deposit is recorded in the book of the company accounts but the same is not recorded in the bank books of account unless when they are not deposited.
So while preparing the bank reconciliation statement, we added the deposit in transit and deduct the outstanding checks in the bank books of accounts
Answer:
Indirect
Direct
Iindirect
Explanation:
Direct cost is the cost that can be traced back to the cost object whereas the indirect cost cannot be traced back. Cost object is something to which the costs are assigned. in this case the cafeteria workers are directly working with the cost object:Frozen pizza plant, hence the cost is directly associated with that. Janitorial supplies and property insurance cost does not directly relate to The cost object given here so it will be classified as indirect cost.
Answer:
The answer is C.
Explanation:
Macroeconomics is the study of the economy as a whole, unlike microeconomics which is the study of the individual firms/markets.
Macroeconomics focuses on the standard of living, unemployment rate, inflation rate etc. and how this affects the whole economy.
Option A is wrong because it is the microeconomics and not macroeconomics that studies the market and the firm.
Option B and D are wrong because these are for microeconomics