Answer:
Had the same currency.
Explanation:
Most countries have their own form of money (currency) which is traded and valued at different rates. If the entire world had the same currency then trade and purchases would be equalized across the globe and there would be less separation between economies.
Answer:
The correct answer is authoritarian management style.
Explanation:
Authoritarianism is the type of leader who orders and expects that his orders be heeded. It is positive and dogmatic. It is based on rewards and punishments in the search for obedience. This leader assumes responsibility for decision making, directs, controls and motivates. Everything is focused on the leader. In fact, he believes that he is the only person trained to make important decisions and that workers are not able to guide themselves but need someone to do it for them. He has control and has the strength.
Answer:
a) Sarah failed to evaluate a potential ethical issue
Explanation:
A financial fraud refers to misrepresentation of financial data by inflating or reducing a figure amount with the motive to deceive the users of the financial statements and thereby depict better financial position and state of affairs.
The above concept is also referred to as window dressing of accounts.
In the given case, the purpose behind increasing the value of inventory and creation of miscellaneous expense account is to depict fake financial picture. With an increase in the inventory balance, the profits would be inflated. Crediting miscellaneous expenses again would reduce expenses balances and further inflate the profits.
Thus, Sarah failed to evaluate a potential ethical issue when she blindly directed her staff to incorporate such changes.
Answer:
3,600 kilograms
Explanation:
Break even = Total fixed cost / Contribution margin per kg.
Total fixed cost = Plant depreciation + Other plant costs + Corporate salaries + Advertising
= €8,000 + €15,000 + €10,000 + €3,000
= €36,000
Sales commission = Selling price * 5%
= €20 * 5%
= €1 per kg
Variable cost per kg = Direct materials + Direct labor + Variable factory overhead + Sales commission
= €4 + €2 + €3 + €1
= €10 per kg
Contribution margin per kg = Selling price - Variable cost per kg
= €20 - €10
= €10 per kg
Break even = Total fixed cost / Contribution margin per kg.
= €36,000 / €10
= 3,600 kilograms
What should be the basic goal of a firm when it sets a level of output?
The firm should make sure that it maximizes its profits. Maximizing profits means they are making the most they possibly can with the items they are selling or services that are being offered. When they make their overall goals, they need to make sure they are going to be making as much as they possibly can to acheive their long-term goals.