In the given case where Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt. This business uses a crowdsourcing technique.
Crowdsourcing is the process of gathering data, viewpoints, or creative output from a large number of individuals, typically online.
Through the use of crowdsourcing, businesses may access individuals with a variety of skills and viewpoints from around the world while also saving time and money.
Crowdfunding, in contrast to crowdsourcing, is used to raise money to help individuals, nonprofit organizations, or start-up businesses.
Cost reductions, speed, and the opportunity to collaborate with people who possess abilities that an internal team might lack are all benefits of crowdsourcing.
Hence, This business uses a crowdsourcing technique.
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Answer:
C
Explanation:
Everything in life is an expense for me
Answer: B
Explanation:
Budgetary slack is a cushion created in a budget by management to increase the chances of actual performance beating the budget. Budgetary slack can take one of two forms: an underestimate of the amount of income or revenue that will come in over a given amount of time, or an overestimate of the expenses that are to be paid out over the same time period. Budgetary slack is generally frowned upon because the perception is that managers care more about making their numbers to keep their seats and gaming the executive compensation system rather than pushing company performance to its potential. Managers putting a budget together could low-ball revenue projections, pump up estimated expense items, or both to produce numbers that will not be hard to beat for the year. It also provides flexibility for operating under unknown circumstances, such as an extra margin for discretionary expenses in case budget assumptions on inflation are incorrect, or adverse circumstances arise.
Answer:
Straight-line = $3,900
Double Declining Method = $7,800
Activity Based = $3,600
Explanation:
1. Straight-line.
Depreciation Expense = (Cost of Asset - Salvage Value) / Useful Life
= $43,000 - $4,000 / 10
= $3,900
2. Double Declining Method
Deprectiation Expense = (2 x (Cost of Asset - Salvage Value)) / Useful Life
= 2 x ($43,000 - $4,000) / 10
= (2 x $39,000 ) / 10
= $78,000 / 10
= $7,800
3. Activity Based
Depreciation Expense = (Cost of Asset - Salvage Value) x Activity Peformed / Estimated Lifetime Acitity
= ($43,000 - $4,000) x 1,200 hours / 13,000 hours
= $39,000 x 1,200 / 13,000
= $3,600
