Answer & Explanation:
Modiglani's Life cycle Hypothesis depicts spending & consumption pattern of people, in order to stabilise / or smoothen their consumprtion. The theory has following phases :
- Early (Non Working) Age, Low Income stage : Borrowings are done, to cover up for lack of income that yields desirable stable consumption level.
- Youth, Earning (Working) Age : Savings are done, through surplus of income level over desirable stable consumption level.
- Old, Post retirement (Non working age) : Dissavings are done, funds from previous savings are used to cover for lack of income that yields desirable stable consumption level.
Implication rate for entire economy saving rate : It implies that economy's savings rate is high, if more population comprises of middle aged working population.
Answer:
Neoliberalism.
Explanation:
If the inequality is increased so the individual income would be represent as a neoliberalism cause also it would be applied in that case when the soviet union fall witness the disparities that lies between the rich and the power having gap widening also. It affects the individuals those already wealthy in order to earn and make more profits and give less for the population that is poor to catch up and decline back on track
Answer:
Managers should be held responsible for only those cost, revenues, or assets over which they have substantial control should be considered as a
FALSE Statement.
Explanation:
In order to understand this statement comprehensively, we need to know the following two views.
The Omnipotent View
The Symbolic View
The Omnipotent view
This view defines and makes managers wholly responsible for all the success and losses of an organisation. This view referred managers as completely liable for all the operations, causes and their resulting effects within an organisation. No matter what, they are held liable for the consequences. For example, when a football team performs, coaches and managers are held liable and they come under radar in case of bad performances.
The symbolic View
This view says that managers make decisions in the best interest of the firm on the base of available resources, assets, costs and revenues but there are certain things which are beyond their control, they have very less or little control over certain things like economy, political environment – rules and regulations, competitors actions, market conditions, having control over technology etc.
Consequently, mangers cannot be held completely responsible; they have limited impact and effect over the organisational performance.
Answer:
B) $ 485 $ 170
Explanation
The cost of goods manufactured includes all the manufacturing costs in a given period adjusting for changes in work in process balances. The total manufacturing costs are $ 630 but this results in an increase in work in process inventory by $ 145, so in other words, part of the total manufacturing costs have gone towards increasing the work in process balance.
So the cost of goods manufactured is $ 630 - $ 145 = $ 485.
The cost of goods sold is the cost of goods manufactured above adjusted for changes in finished goods.
so the cost of goods sold is $ 485 - $ 315 ( change in finished goods inventory) = $ 170.
I think the answer would be either A or D
