The three-term contingency becomes the four-term contingency if we add Punishers. Hence, option B is appropriate.
<h3>
What is the meaning of Contingency?</h3>
A contingency is the potential possibility of a bad event, such as a pandemic, economic downturn, natural disaster, fraud, or terrorist attack. The coronavirus outbreak that struck businesses in 2020 made many employees dependent on remote work.
The words crisis, emergency, urgency, junction, pinch, straits, as well as strait are some popular synonyms for contingency. Even though all of these phrases refer to "a critical or crucial time and state of affairs," the word "contingency" suggests an emergency or urgency that is thought to be possible but unlikely to occur in emergency plans.
Hence, option B is correct.
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Answer:
b. $34,000.
Explanation:
The computation of contribution margin is shown below:-
Particulars Bales Tales Wales
Seeling price $55 $78 $32
Variable cost $20 $50 $15
Contribution
margin $35 $28 $17
Required hour to
process 5 7 1
Contribution margin
per hour 7 4 17
Maximum contribution margin is
= Contribution margin per hour × number of machine hours
= 17 × 2,000
= $34,000
Answer:
A. the assignment of indirect costs to the chosen cost object
Explanation:
Cost allocation is the assignment of indirect cost of the cost object. The indirect costs of the project are not directly attributable to the cost object. So, it requires some basis on which its assignment can be made to cost object. Overhead allocation is the example of cost allocation. So, the correct answer is A. the assignment of indirect costs to the chosen cost object.
Answer: B. Households; firms and banks
Explanation:
Loanable fund market shows the relationship between the savers and the borrowers in the economy. Loanable funds are demanded by the borrowers and supplied by the savers. The firm's and government are always on the supply side of the loanable funds while households are those who demand either for Business, leisure or to solve a challenge. They are usually charged by some amount of interest to pay back the loans by the banks and government.