COMPETITION because your the only one producing clothes.
Answer:
The options for this question are the following:
A. faulty expression
B. information overload
C. selective perception
D. filtering
E. jargon
The correct answer is B. information overload
.
Explanation:
Information overload is a term coined in 1970 by Alvin Toffler, an American writer and scientist whose work focuses on the changes that occur in society as a result of certain technological advances. Information overload occurs when you are faced with more information than you are capable of processing and, as a consequence, you either postpone some of the decisions you have to make or you make wrong decisions.
In the current Information Age, practically everyone has access to the Internet, the sending of emails has exponential growth every year and social networks have opened new channels of communication. The cost of storing and duplicating information tends to zero, which means that each time our computers have higher capacity hard drives that, in any case, we did not take long to fill with a multitude of videos, e-books, music, photographs, etc.
Answer:
The total cost of quality the manager should use to report the costs in the internal failure cost category is $297,000
Explanation:
The computation of the internal failure cost is shown below:
= Rework cost + Cost of rejected units
= $257,000 + $40,000
= $297,000
The cost of internal failure includes both the cost of rework and the rejected units.
The other information which is given in the question is not relevant. Hence, ignored it as it would not be considered and thus not taken in the computation part.
The impact of financial accounting information on investors' and creditors' decisions is closely related to the concept of materiality. In auditing and accounting, the term "materiality" refers to the importance or "significance" of a sum, a transaction, or a discrepancy.
According to the general accepted accounting principles (GAAP) criterion known as "materiality," all items that are conceivably likely to have an influence on investors' decision-making must be documented or disclosed in full in a company's financial statements. The significance of information in financial accounts of a corporation is referred to as materiality. A transaction or business decision is "material" to the business if it necessitates reporting to investors or other users of the financial statements and cannot be excluded.
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Answer:
The correct answer is Inventory turnover.
Explanation:
It is an accounting quantity that aggregates all the income that a company or accounting unit has had, due to its ordinary activity, in a given period of time.
Revenues are accounted for when they are made independently of the monetary flow, that is, the moment of payment is not taken into account. In addition, the volume of sales or business is increased as the activity grows on the part of the company and not when monetary contributions are produced by the partners.