Answer:
Inventories refer to goods that have been produced but not yet sold.
Explanation:
Inventories or Stock refer to goods that have been produced but not yet sold. It also means goods that have been purchased by the company with the intention of selling them for profit. Once goods are sold, they are erased from the inventory records and transferred to the sales accounts, and only 'goods available for sale' will primarily classify as inventory.
Furthermore, there is also 'raw material inventory' which is the goods that have been bought to be used in production.
Answer:
False
Explanation:
Demand is inelastic
Demand is inelastic if a change in price has little or no effect on quantity demanded. The coefficient of elasticity is less than one because the percentage change in price is greater than the percentage change in quantity demanded
If demand is inelastic and prices fall, the quantity demanded would rise. But the rise in quantity demanded is less than the price reduction. Therefore, total revenue would fall.
I hope my answer helps you
The major reason a country might choose to devalue its currency is to encourage exports.
<h3>What do you mean by Devaluation?</h3>
Devaluation refers to the downward movement in the value of the country's currency. The government that issues the currency has the power to devalue its currency.
Devaluating the currency reduces the cost of a country's exports and reduces trade deficits. For encouraging exports, a country chooses to devalue the currency.
Therefore, B is the correct option.
Learn more about Devaluation here:
brainly.com/question/15293218
D. Resourcefulness; if you can pick more than one than also chose A. Confidence.
As a project nears is completion, it has been found that it becomes a significant challenge to get the project team to remain focused.
<h3>Why does focus reduce as a project nears completion?</h3>
There are several reasons why a project nearing completion would lead to a loss of focus and one of them fatigue from having worked on the project for a certain period of time.
Another reason is that the project team will be getting ready to move onto a new project as the current project comes to an end. As a result, they will focus less on the current project.
In conclusion, teams lose focus as their project nears completion.
Options for this question are:
- focused
- working
- energetic
- together
- performing
Find out more on project teams at brainly.com/question/13321211
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