Answer: Production possibility frontier (PPF).
Explanation: PPF is curve on a graph which depicts the situation which you have asked in a question. For your ease i will upload a picture of that curve so that you can understand the answer better. For better understanding the graph below uses the example of Cotton as a good.
Answer:
The right answer to complete the sentence above is "sales profits and duration of work hours"
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Employees who are paid part of the profits from the sale of products or services are paid based on </em><em>sales profits and the duration of work hours</em><em>. commission for hourly contract pay</em>
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Explanation:
Because the salary earned by the employees is from the hourly duration they work. And the profits from the sale of products also form part of the duration of working hours. The longer the duration of work hours, the more likely the product is sold. So the benefits are based on sales profits and the duration of work hours.
#AnswerForTrees
Answer: Cost leadership strategy
Explanation:
Cost leadership strategy is a business strategy in which a business operates at the lowest possible cost within it's industry so as to create a competitive advantage. This strategy is controlled by size, scope and cumulative experience, efficiency, etc.
Cost leadership strategy helps to :
I. Reduce the rate of competition in the market.
II. Enhance business sustainability.
III. Yield more profit for businesses.
A likely analytical procedure to test the accuracy of purchase discounts would be to compute the ratio of cash discounts earned to : Purchase
<h3>What is Purchase Discount?</h3>
Purchase discount is deducted to the total purchases when computing for the net purchases. This account has a normal balance of credit and decreases the total amount of cost of goods sold.
<h3>What is Analytical procedures ?</h3>
Analytical procedures refer to study of significant ratios and past trends and investigating unusual fluctuations.
Under analytical review procedures, an auditor compares financial information of the current period with those of the previous periods, applying techniques of ratio analysis and investigating the causes of unusual fluctuations and deviations.
Therefore, we can conclude that the correct option is C.
Your question is incomplete, but most probably your full question was:
A likely analytical procedure to test the accuracy of purchase discounts would be to compute the ratio of cash discounts earned to:
a. accounts payable
b. notes payable
c. purchases
d. sales discounts
Learn more about Analytical procedures on:
brainly.com/question/16370850
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