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Lorico [155]
3 years ago
13

The cost principle relates most closely to the ______.

Business
1 answer:
xeze [42]3 years ago
4 0
The recognition point 
You might be interested in
​Haley is an accountant for a large hospital network. She knows that she could easily "skim" money from the organization to keep
serg [7]

Answer:

C. front page test

Explanation:

Front page test refers to the analytical study, which provides information to each public official about how people note his or her actions and respond accordingly.

People in general usually observe actions of individuals and then justify or some times reciprocate so many questions to them against there actions.

This clearly shows that Haley is referring to front page test as she is also a kind of public official, as for each action people respond accordingly, and might create opinions and judgement.

Thus, correct option is C.

front page test.

8 0
3 years ago
Consider the following information from the records of Bennington Corporation. The company uses the weighted-average method. Bri
Rom4ik [11]

Answer:

$3,735

Explanation:

The computation of the total cost that will be included in the numerator of that calculation is shown below:

= Beginning work in process + cost added during the period

= $350 + $3,385

= $3,735

Basically, we added the beginning work in process and the cost added during the period

The same amount is shown on the numerator side while calculating the cost per equivalent unit

3 0
4 years ago
According to the Solow growth model, high population growth rates:_________ a) are a prerequisite for technological advances and
sashaice [31]

Answer:

b) force the capital stock to be spread thinly, thereby reducing living standards.

Explanation:

Solow growth model: It is a model of economic growth, which was developed by Nobel laureate Robert Solow. It helps in analyzing the change in the output of production due to a change in population growth rate, saving rate and technological growth rate.

In the Solow growth model, an increase in population growth rates will increase the growth rate of the total output of production, however, there are no sharp changes in the growth rate of per capita output and decrease in capital intensity and saving rate, which reduce living standard.

8 0
3 years ago
If a specific subsidy​ (negative tax) of s is given to only one competitive​ firm, how should that firm change its output level
elena-s [515]

Answer:

The correct answer is option D.

Explanation:

The market price is P.

The marginal cost is given at MC.

The subsidy is equal to s.  

When the subsidy is provided to only a single firm, that firms marginal cost will decline. The firm can take advantage of decreased marginal cost by increasing the output level. The firm will produce the output where the price and marginal revenue is equal to marginal cost plus subsidy. At this point, the firm will be having maximum profit.

So, the firm will increase production until

P=MC+S

6 0
4 years ago
Which data types are typically found in the finance department? employee data, promotion data, vacation data transactional data,
dalvyx [7]

Data that should be found in the Finance Department is as below:

1) Employee Data: If the data relates to employees personal data, it will not be found in the finance Depatment.

2)Promotion Data: Promotion data is more of Human Resource Activity thus it will not be found in the Finance Dept.

3)Vacation Data: Also a Human Resource Activity, thus it wont be found in the Finance Dept.

4)Transactional Data: Data regarding monetory transactions carried out on a daily basis will be found in the finance department.

5)Purchase Data: Will be found in the finance Department.

6)Payroll Data: Regarding Employees salary will be found in the finance Department.

7)Tax data: Will be found in the finance Department, as one of the functions of the department includes taxation.

8) Investment Data : Will be found in the finance Deparment.

9)Monetory Data: Everything related to money will be found int he finance Department, thus monetory data will be found here.

10)Sales Data: will be found in finance Department

11) Advertising Data- Is more of a Sales Team Activity, thus it will not be found here.

4 0
3 years ago
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