Answer:
answer is given below
Explanation:
Equilibria with high tax rate.
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In the high balance tax system, taxes are already high. Make government spending and revenue sources mandatory. and Tax rates decrease.
- The income effect leads to an increase in both consumption and leisure, but when the alternative effect is taken into account, higher costs lead to greater employment and greater consumption but leave the party on leave.
- Tax base witnesses grow. Output increases but relaxation decreases.
Equilibria with low tax rate:
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An increase in government spending leads to an increase in tax rates to increase income sources.
- The increase in taxes leads to a decline in consumption and production.
- Therefore, the amount of time spent at rest will increase.
Answer: A. Departments with more employees are allocated earlier.
Explanation:
In the sequential method, it should be noted that a company allocates the service costs one department at a time. Once the service department cost is allocated by the accountants, the department won't get any other costs from the other service departments.
The statement that is false about the order in which management determines the sequencing of support department allocations under the sequential method of allocating support department costs to production departments is that the departments with more employees are allocated earlier.
Under the sequential method, the department costs that are allocated earlier include having an accurate cost drivers, having a higher cost, or having a large number of support.
Answer:
time period
Explanation:
In accounting, the time period principle states that a firm must report its financial statements for specific periods of time. For example, the Securities and exchange Commission (SEC) requires public corporations to submit their financial reports every quarter. This is done in order for accounting periods to be comparable, e.g. comparing a quarterly report vs an annual report is not correct.
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