Answer:
Customer and Product Margin under Activity-based Costing and Traditional Costing
True Statements:
1. If a customer orders more frequently, but orders the same total number of units over the course of a year, the customer margin under activity based costing will decrease.
2. If a customer orders more frequently, but orders the same total number of units over the course of a year, the product margin under a traditional costing system will be unaffected.
Explanation:
Customer Margin is the difference between the total revenue generated from a customer minus the acquisition and service costs. In the above instance, the customer margin decreases because of the costs of servicing the customer's frequent orders. Customer service costs are usually higher with more frequent orders, when activity-based costing is employed because frequent orders increase the activity level and the associated costs.
Product Margin is the profit margin generated per product. It is the markup on the cost of the product. It shows the difference in amount between the selling price and the manufacturing cost. Frequent orders cannot change the product margin under the traditional costing technique unlike it does with the activity-based costing technique.
"Learning, reasoning, and self-awareness" are among the people, procedures, equipment, software, data, and knowledge needed to create computer systems and computers that may replicate human intelligence.
<h3>Define the term process intelligence?</h3>
Process intelligence is intelligence that has been methodically gathered to examine each step in an operational workflow or business process.
- An organization can increase operational efficiency and detect bottlenecks with the aid of process intelligence.
- Process intelligence aims to give an organization reliable information about the work items that are currently in use, who is performing them, how long it takes to finish each task, how long the average waiting time is, and which of the bottlenecks are.
- By tracking and examining processes in the past or in the present, process intelligence technology can assist an organization in improving process management.
- Software for process intelligence is particularly helpful for managing and evaluating nonlinear processes with numerous dependencies.
Thus, the people, processes, tools, gear, software, information, and knowledge required to build computer systems and computers that might replicate human intelligence include "learning, reasoning, and self-awareness."
To know more about the cognitive process, here
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(x+7)(x-1) = 0 ^x^2 + 6x - 7 = 0x 7x -1
Its really easy if you think it this way.
<span>These are monopoly market structures. This is where the person or company selling items does not face competition and is the only person or company selling the items with no competitor that has a close substitute. This is an imperfect kind of competition.</span>
