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victus00 [196]
3 years ago
12

At any given volume, average fixed costs must equal average variable costs True or false?

Business
1 answer:
Elanso [62]3 years ago
3 0
False. Average fixed costs are totally different from average variable costs. They can only be equal if by chance the fixed costs are equal to variable costs for a specific level of production
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indicators that the local currency is also the functional currency include all of the following except:
Alchen [17]

Indicators that the local currency is also the functional currency include all of the following except the parent typically provides the financing or provides a guarantee.

A functional currency is one that is utilized in the main economic setting in which a company conducts business. This is the setting in which an entity generates and spends money most frequently. When defining the functional currency of an entity, the following key considerations should be taken into account:

The principal currency influencing retail prices (usually the currency in which prices are denominated and settled).

The money of the nation whose laws and competition have the biggest impact on retail pricing.

The principal currency affecting labor expenses and other costs of goods sold (usually the currency in which prices are denominated and settled).

The currency in which an entity keeps its operating receipts and the currency in which debt and equity instruments are issued are less important deciding factors.

Know more about functional currency here:

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6 0
1 year ago
In the context of organization development techniques, coaching and counseling: a. focus exclusively on increasing productivity.
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Answer:

A

Explanation:

5 0
3 years ago
Economists generally believe that rent control is
dangina [55]

Answer:

D) An efficient and fair way to help poor

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8 0
3 years ago
The useful life of a new plant asset _____. is the same as the asset's total productive life. might not exceed one year. might b
gulaghasi [49]

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The correct answer is letter "C": might be estimated based on the experience of others or on engineering studies and judgment if the company does not have past experience with a similar asset.

Explanation:

A company's assets represent the<em> cash, patents, accounts receivable, equipment, plants, </em>and <em>land</em>, among others, useful for the firm to generate profit. When it comes to plant assets, they are considered fixed assets for cost accounting purposes and are nothing but the <em>land, buildings and machinery</em> useful for manufacturing.

<em>Calculating the useful life of a plant asset can be complicated and may require engineering studies. However, if the expertise of an employee is good enough to determine it the firm must take advantage of this strength but if there is nobody with this capability the institution should look for someone who does moreover when it does not have experience computing the useful life of such assets.</em>

8 0
2 years ago
Objectives are Multiple Choice the means by which a marketing goal is to be achieved, usually characterized by a specified targe
omeli [17]

Answer:

a road map for the marketing activities of an organization for a specified future time period, such as one year or five years.

Explanation:

A business objective is defined as measurable achievements a company wants to attain within a given period of time.

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Goals on the other hand are general results that a company wants to attain. Objectives are more specific.

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