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Romashka-Z-Leto [24]
3 years ago
9

Which of the following statements is false concerning the use of ABC in service industries?

Business
1 answer:
ELEN [110]3 years ago
6 0

Answer:

b. When using ABC for service industries, special methods must be used to identify cost pools and cost drivers due to the unique nature of the services offered.

Explanation:

The cost pool method are the same we should look for activities which add value to the product to provide a more accurate product costing.

In cases of services the company will also determinate activities considering this premise therefore, there is no especial nature to offer to the client.

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Byron agrees to sell to Charity, for $1,500, a remote parcel of land.They believe the land to be worthless, but beneath it is a
DedPeter [7]

Answer:

D) enforce the contract.

Explanation:

Neither party knew about the gold mine before the deal was made, Byron and Charity even thought it was worthless. If Charity by accident, chance or luck discovered the gold mine, then she is entitled to it. Even f Byron wants to cancel the deal, he can't because Charity acted on good faith and the discovery of the gold mine was not something planned or intended.

For example, if I like an antique at a yard sale and I purchase it at $5, and then by chance someone that knows about antiques tells me that it is really expensive, a made a lot of money and the previous owner doesn't have the right to cancel the sale.  

6 0
3 years ago
___ comes from increases in the money supply.
vagabundo [1.1K]

Answer:

Consumer Price Index (CPI)

Explanation:

1- By definition CPI is the weighted average of a consumer's basket volume for any purchase service or good. When money supply increases, GDP increases, and the spending of a customer increases. Hence resulted in increased CPI.

2- Interest rate decreases when money supply increases

3- Inflation is by definition a steady increase in the money supply if a country. So one can be replaced by another. Inflation does not come from money supply increase, it is in fact money supply increase

8 0
3 years ago
Read 2 more answers
A rapid increase in the money supply may lead to a(n):
diamong [38]
<span>A rapid increase in the money supply may lead to a "Deflation"

Hope this helps!
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8 0
3 years ago
Major Corp. is considering the purchase of a new machine for $5,000 that will have an estimated useful life of five years and no
Mila [183]

Answer:

payback 2.5 years

Explanation:

the payback will be the point in time at which the project cash flow equal the invesmtent.

This method do not consider the time value of money so we don't have to adjust any period cashflow or outflow.

investment: 5,000

increase in cash-flow 2,000

Investment/cash flow = 5,000 / 2,000 = 2.5 years

The depreciation are not considered as this are not cash flow.

3 0
3 years ago
A company contributes money towards a profit-sharing fund for its employees. Every 2 years, employees are free to withdraw money
Georgia [21]

A company contributes money towards a profit-sharing fund for its employees. Every 2 years, employees are free to withdraw money from their account without penalty. This benefit indicates Fixed Interval Reinforcement schedule.

A response is rewarded based on whether it was carried out within a set amount of time under a partial reinforcement schedule known as fixed interval reinforcement. It's crucial to remember that only the first reaction is acknowledged and rewarded.

The individual can engage in a behavior as many as they like, but they will only get rewarded once for it.

The reaction isn't reinforced every time it is executed, as I indicated fixed interval reinforcement is a partial reinforcement schedule. You would put your child on a continuous reinforcement schedule if you wanted to reward them each time, they made their bed.

To know more about Reinforcement schedule visit:
brainly.com/question/12282349
#SPJ4

6 0
1 year ago
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