Answer:
option 2) smaller
As CE is the amount which if the agent gets with certainty, then agent will be indifferent between playing lottery or getting that amount with certainty
So L2 is more risky, & agent is risk averse, so agent will be ready to accept a lower amount with certainty ( as compared to the amount for a safer option : L1)
So CE of L2 will be lower
Process Costing system involved several processes or departments under which the next department receives partially completed product from the previous department. The first department receives the raw material and it does not receive any output from other department.
Hence except the first department, each department receives output from the prior department as a partially processed product.
Hence the answer is <u>True.</u>
Answer:
Gross Income is the answer!
Explanation:
There were no effects the great depression has on the credit industry. There was instead insider trading. people didn't care about the dangers of inside trading. But then WWII put the US back on track.
The effects Postwar Era had been good. Consumer borrowing increased. the G.I Bill was used by thousands of veterans to go to college or buy homes. Wages were mostly higher now and there were many jobs out there.
Answer:
Accelerated depreciation method
Explanation:
Accelerated method is a depreciation method in which the asset lost its book value at a quicker rate as compared with the straight line method. Under this method, it permit high deduction in the starting years so that the taxable income could be minimized
Therefore according to the given option the first option is correct and the same is to be considered
