Answer:
This process is known as Benchmarking
Explanation:
Benchmarking is the process of comparing business process and performance to the best practices from the other companies. The dimensions measured and compared are time, quality and cost.
This allows the organizations to improve the projects or plans or adapt the specific best practices with the aim of increasing the performance.
The answer to this question is D
Answer:
C. Accounts receivable will be credited by $7,200
Explanation:
Accounts receivable are expected payments from customers. They exist because businesses sell goods and services to customers on credit. Account receivables are asset accounts. An increase in assets accounts is debited, and a decrease is credited.
If the banks received payment from a customer, it means a customer has paid for goods sold on credit. Accounts receivable have decreased ( to be credited), but cash in the bank has increased.
Answer:
MPC = 0.75
Explanation:
Marginal Propensity to Consume (MPC) is a part of Keynesian macroeconomic theory and is calculated by the change in consumption divided by the change in income. It quantifies the increased consumption which occurs with an increase in disposable income


