Answer:
Option C It attempts to determine the retail price by using production costs as a base.
Explanation:
This approach helps in determining the retail price of the competitors that he is charging in the market. This gives a better insight to what the production costs are of the competitors.This information is very important for pricing decisions and for cost control strategy. This gives a better insight where we are and where we must be. So the option C is correct here.
The correct option is B.
The post closing trial balance is the trial balance that shows the balances after the closing entries have been completed and it serves as the starting trial balance for the next financial year. The components of posting trial balance are usually arranged in the order of their liquidity and because of this the cash account always comes first.
Answer: option D
Explanation: Storming stage is really the toughest and perhaps most important phase to reach. When different personalities develop, it is a time characterized by tension and rivalry.
Throughout this point, team's performance might actually reduce as power is put in to the nonproductive operations. Representatives might well disagree with team objectives and it may form categories and subcultures all over big personalities or regions of contract.
Participants have to struggle to overcome barriers, accept differences between individuals, and work on squad functions and objectives via contradictory ideas to get over this level. At this point, teams may get embroiled. Lengthy-term issues may lead from inability to address disputes.