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pochemuha
3 years ago
5

Consider the following statements regarding traditional costing systems:

Business
1 answer:
joja [24]3 years ago
5 0

Answer:

Statement I and III

Explanation:

Under traditional costing, there is no such identification of various activity pools like activity costing, there is general allocation of overheads based on overhead assigned on labor hours, or machine hours etc:

This is the method in which volume of goods is important and that is what matters for cost allocation.

Further, when they require numerous activities and then the costs allocation based on each different process or activity is not possible as number of activities are really high.

Therefore Statement I and Statement III are correct.

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Suppose you are interested in studying whether scent affects spatial reasoning abilities. You decide to test spatial reasoning u
Brilliant_brown [7]

Answer: 1. c. There are no differences in the mean completion times among the scents compared

2. Scent; Completion Time

Explanation:

The Null Hypothesis of a research is that hypothesis which you aim to disprove because it holds that no significant relationship between the variables being researched exists.

In this scenario you are studying whether scent affects spatial reasoning abilities.

The Null Hypothesis will.be that which states that there is no relationship between scent and spartial reasoning therefore there will be no differences in the mean completion times among the scents compared.

The factor of interest is the variable that is being changed to examine a difference making it the SCENT in this scenario.

The dependent variable changes due to the Factor of Interest so it is the COMPLETION TIME.

6 0
3 years ago
Label the statements regarding the Patient Protection and Affordable Care Act (ACA) as true or false.
olga nikolaevna [1]

Answer:

a. FALSE

Both Employers and Employees do most of the paying not the Federal government which only steps in for subsidies to lower income households.

b. TRUE

The Government can indeed fine employers or individuals for not having or providing health insurance.

c. FALSE

They cannot deny him coverage based on his pre-existing medical condition as a result of the ACA and neither can they charge higher premiums.

d. TRUE

Funding the ACA will need the Government to raise more revenue and they plan to do so by imposing new taxes on  items including medical devices and indoor tanning.

e. TRUE.

A person under the age of 26 is to be a dependent under this Act and this includes married people under the age of 26 as well as unmarried.

7 0
3 years ago
GFR Group is the parent company of many related businesses under its banner. Each share of the parent company is quoted at $220.
Ierofanga [76]

Answer:

GFR Group created has successfully created a synergy of $20

Explanation:

The fact that the share price of the company is $20 more than the sum of each strategic business units share prices put together means that the parent has created a synergy of $20.

Synergy means when combined firms far outweigh the results of each strategic units added together

3 0
3 years ago
A system that keeps only a fraction of funds on hand and lends out the remainder
GarryVolchara [31]
Fractional reserve banking
6 0
2 years ago
Are children more creative than adults
Charra [1.4K]

Answer:

Yes

Explanation:

because Children have the benefit of not knowing what is not possible.  

4 0
2 years ago
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