Answer:
C. Leniency Error
Explanation:
It is the tendency to give favorable ratings that are generally more lenient than true performance. In this case the manager does this to avoid conflict.
Answer:
1. Damaged or obsolete goods are not counted in inventory if they cannot be sold.
2. If these can be sold… Cost should be reduced to Net Realizable Value
Explanation:
The law relating to the valuation of inventory is that ''inventory should be valued at lower of 'Cost' and 'Net Realizable Value'.
Therefore in the case of damaged or obsolete goods, they have to be eliminated from inventory, otherwise it will lead to overvaluation.
However in the case where these can be sold, They have to be valued at lower of 'cost' or 'salable value', implying that 'Cost' should be reduced to 'Net Realizable Value'
Strong people skills. You could have the greatest worker ever but if he can not work well with people. That person will never improve or help anyone.
Suppose that the market for haircuts in a community is perfectly competitive and that the market is initially in long-run equilibrium. subsequently, a decrease in population decreases the demand for haircuts. In the short run, we expect that the market price will <u>fall </u>and the output of a typical firm will <u>fall</u>.
<h3>
What is Long Run?</h3>
A time frame known as the "long run" is one in which all cost and production components are erratic. Long Run cost adjustments are possible for businesses, although short Run pricing changes can only be influenced by changes in production levels. Even though a company can have a monopoly in the short term, they might anticipate competition in the long run. A long run is a period of time when a producer or manufacturer can be flexible with its production choices. On the basis of anticipated profits, businesses can either increase or decrease their production capacity, or enter or leave a certain industry. Long-term-focused businesses are aware that changing output levels won't bring supply and demand into equilibrium.
To learn more about Long Run from the given link
brainly.com/question/17438349
#SPJ4
Answer:
B.
Explanation:
measure of how many times an event is likely to occur within "X" period of time. the closest answer is letter B. Example if the fastfood had an average of 500 customer every Wednesday what is the probability that 700 customers will come every Wednesday?.
