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Katarina [22]
3 years ago
12

Purchasing resources that a company needs in order to operate is called a(n) ________ activity.

Business
1 answer:
Kruka [31]3 years ago
6 0
The answer to this question is the term investing activity. An investing activity is an item in the cash flow items that reports the gains and losses from the investments. Examples of records in the investing activity are the acquisition or franchise of restaurant, proceeds from the sale of properties, and capital expenditures.
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Which of the following are not directly involved in the revenue cycle?
Deffense [45]

Answer:

The correct answer is D (Receiving department clerk).

Explanation:

The first three responses correspond to employees directly related to the main activity of the organization, sales generate income, the financial director executes tasks to maximize income, and the billing employee is responsible for generating information that allows to receive resources in the shortest time possible.

4 0
3 years ago
Match the cost variance component to its definition.
vladimir1956 [14]

Answer:

1. C

2. A

3. B

4. D

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

The various types of cost variance components and their definition includes the following;

1. Actual price: the amount paid to acquire input.

2. Actual quantity: the input used to manufacture the quantity of output.

3. Standard quantity: the expected input for the quantity of output.

4. Standard price: the expected price.

4 0
3 years ago
Assume that skilled labor costs twice as much as unskilled labor, a profit-maximizing firm will
N76 [4]

Assume that skilled labor costs twice as much as unskilled labor, a profit maximizing firm will hire until the marginal product of unskilled labor is half that of skilled labor.

A profit maximizing firm is a firm that tries to create products that are of good quality at the barest or smallest cost.

The marginal product falls after an additional amount of the resource has been added. It is the extra amount that is gained due to the addition of an extra unit.

Due to the fact that both the skilled and unskilled would decrease eventually, the company would have to hire both at equal marginal products.

Read more on brainly.com/question/25706143

4 0
3 years ago
After purchasing a fancy cut diamond ring for his wife, jason feels dissatisfied with his purchase as he feels that the ring was
ivanzaharov [21]

Buyer's remorse.

Buyer's remorse is a feeling of regret after making a purchase, especially for something expensive or extravagant.

3 0
3 years ago
Methods used to protect consumers
Gala2k [10]

Answer:

Governments of different countries protect the interests of the consumers through the mechanism created by three types of legal provision. These are direct consumer protection laws, anti trust laws or the laws to curb monopolistic practices, and laws to govern management of corporations including trading exchanges.

3 0
3 years ago
Read 2 more answers
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