Answer:
The correct answer is option C.
Explanation:
One of the goals of the federal reserve banks is to have price stability in the economy. Though price stability does not imply zero inflation. A small level of inflation is good for economy as it helps in growth of production.
So in order to acheive the goal of price stability, the rate of inflation should be low such as 1-3% and it should be consistent.
Very high inflation is harmful for the economy as it erodes the real income and wealth. Deflation is also not good for economy as it causes reduction in production and employment
Answer: The options are given below:
A. Use of a single predetermined overhead rate.
B. Use of direct labor hours or direct labor cost to assign overhead.
C. Assumption of correlation between direct labor and incurrence of overhead cost.
D. Use of multiple cost drivers to allocate overhead.
The correct option is D.
Explanation: The traditional costing system refers to the allocation of factory overhead to products, and this is based on the total amount of production resources that have been consumed.
When using the traditional costing system, the overhead is usually applied based on either the total number of direct labor hours consumed or the total number of machine hours used.
The traditional costing systems treat overhead costs as a single pool of indirect costs. Traditional costing is optimal when indirect costs are low when in comparison with direct costs.
Answer:
d. The accept/reject decision depends on the firm's risk-adjustment policy. If Norris' policy is to increase the required return on a riskier-than-average project to 3% over rS, then it should reject the project.
Explanation:
The accept/reject decision depends on the firm's risk-adjustment policy. If Norris' policy is to increase the required return on a riskier-than-average project to 3% over rS, then it should reject the project.
Answer:
True.
Explanation:
In word processing software, there will be a default style applied to all text that can then be modified to fit your document.
<h2>Spelling, punctuation, grammar, dealing with dates, logical flow of the content, maintaining the style throughout, etc. </h2>
Explanation:
Spelling:
The most important challenge that it has be considered seriously while proof reading. Misspelling of words may sometimes lead to false understanding of a sentence. If spellings are wrong it implies that the contents are not worthy.
Punctuation:
- Necessary to get proper meaning
- Makes document reader-friendly
Grammar:
- This is an highlight of the content
- Mandatory to follow good grammar
Logical flow:
- To understand the meaning
- To connect and understand the writer's point of view clearly
