Answer:
The correct answer is A. Define.
Explanation:
The flowchart (flowchart) is a tool used to represent the sequence and interaction of process activities through graphic symbols. The symbols provide a better visualization of the operation of the process, helping in its understanding and making the description of the process more visual and intuitive.
In process management, the tool aims to guarantee quality and increase worker productivity. This happens because the documentation of the flow of activities makes it possible to make improvements and clarifies the workflow itself.
Answer:
Accrual basis accounting.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
The approach to preparing financial statements based on recognizing revenues when they are earned and matching expenses to those revenues is accrual basis accounting.
Answer:
$24,300
Explanation:
The total economic cost is the cost of doing something or buying an item along with the opportunity cost of doing something else.
Total cost= Monetary cost + Opportunity cost
Opportunity cost is defined as the forgone alternative when an individual performs an action.
In this scenario the monetary cost of the car is the maintenance of gasoline and oil. That is 200+ 100= $300
The opportunity cost is the amount the car would have been sold for, which is the forgone alternative. That is $24,000
Therefore
Total cost= 300+ 24,000
Total cost= $24,300
Answer:
some firms will exit from the market
Explanation:
Roger owns a small health store that sells vitamins in a perfectly competitive market. If vitamins sell for $12 per bottle and the average total cost per bottle is $12.50 at the profit-maximizing output level, then in the long run <u>some firms will exit from the market</u>
A perfectly competitive market consist of many buyers and sellers, different products and perfect information about the price of a good.
Option A. is correct.
Answer:
$ 4, 725
Explanation:
Each broker get 50% of (6/100 x$350,000)
i.e. =50% (0.06 x $350,000)
= $ 21,000/2
=$10,500
Broker kept 55% meaning the office got 45 %
= 45/100 x $ 10,500
= $ 4, 725