Answer and Explanation:
The matching is as follows:
1. B Segregation of duties as the duties are separated
2. A Establishment of responsibility as there is a responsibility
3. C. Physical control devices as the given situation represent the physical control devices
4. B. Segregation of duties as the duties are separated
5. D. Documentation procedures as the given situation represent there is some produres carried out for documentation
6. E. Independent internal verification as the given situation represent that there is an internal verification that to be done independently
7. F. Human resource controls as the given situation represent that there is a control of the human resource
Answer:
The variable cost is the cost which increases or decreases with the level of output of a company. There is direct relationship between variable cost and output of a firm.
The fixed costs are the costs which remains the same with any level production.
A step cost refers to a cost which remains constant at a particular level and vary after that level.
A mixed cost is a combination of both variable and fixed cost. Such as electricity companies which charges a fixed amount as well as variable cost according to the units consumed.
Therefore, the list are as follows:
(a) Variable cost
(b) Fixed cost
(c) Variable cost
(d) Fixed cost
(e) Step cost
(f) Fixed cost
(g) Mixed cost
Whenever min. goes up, taxes increase, prices on food, goods../ are higher price, and especially gas...
Answer:
Explanation:
- Let the demand equation be P = X + YQ
- at P = $24, Q = 11000units
- 24 = X + 11000Y.............equation 1
Substitute the value of X in equation 1
- hence demand equation ; P = X + YQ , P =61 - 0.00336Q
Similarly, let the supply equation be P = Z + wQ
- at P = $24, Q = 11000units
- 24 = Z + 11000w....................equation 2
- from equation P = Z + wQ, 3 = Z
Substitute the value of Z in equation 2
- 24 = Z + 11000w, but Z = 3
- hence the supply equation becomes, P = 3 + 0.00191w
Answer:
$10,500 loss
Explanation:
The computation of the net income affected is shown below:
Since Big Ben purchased shares of Little Trick on 1st April ,so it has the right to receive 30% of the net income for nine months i.e from April 1 to December 31
Now the Earnings from Little Trick is
= $20,000 × 30% × 9 months ÷ 12 months
= $4,500
And, the Compensation paid is $15,000
So, the loss is
= $15,000 - $4,500
= $10,500
