In a large open economy, the source of the demand for loanable funds comes from domestic investment and net capital outflow.
<h3>What is an Open economy</h3>
An open economy refers to a type of economy where not only domestic factors but also entities in other countries participate in trade of goods and services.
Trade in an open economy can be in the form of managerial exchange, technology transfers, and all kinds of goods and services.
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<span>Perfect competition, a market structure, where there are many sellers selling similar goods to the buyers. But monopolistic competition, is a market structure, where there are numerous sellers, selling close substitute goods to the buyers. Also the price in perfect competition, is determined by demand and supply forces, for the whole industry, comparing with monopolisti competition that every firm offer products to customers at its own price.</span>
Answer:
The correct answer is d) All of the above.
Explanation:
Research with a descriptive design generally uses surveys as a method of data collection, which processes the information in cross-tabulations.
Cross-tabulation is characterized by the relationship of two variables in the table, this variable can be quantitative and the other qualitative. Variables may have a weak association or have no association, but this does not affect the cross-tabulation of the data. These tables are also known as dynamic tables because of their easy use and because they can be integrated into spreadsheets.
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Working capital is known as all the activities that are concerned with the managerial accounting techniques and monitoring and utilizing the current assets and liabilities of a company. <span />
Answer:
Answer is a) debit, actual
Manufacturing Overhead account has a debit balance and applied manufacturing overhead is greater than the actual manufacturing overhead
Explanation:
Overheads are applied to product costs using budgeted overhead rates. Budgeted rates are used because the delays in obtaining actual overhead affects timeous product valuation for profit purposes
Over applied situation occurs when the applied overheads exceeds the actual manufacturing overhead.
<em>The Manufacturing Overhead Account will have the following entries:</em>
Transfer to work in Progress figure - credit (with applied overheads)
Bank - debit (actual overhead)
Balancing figure or shortfall - debit (over-applied)
