Answer:
A) Daily Diamonds, an American jewelry manufacturer, buys diamonds from South Africa and exports them to India for the cutting process.
Explanation:
The word 'globalization' means the world to be one where one can access to any part of the world if one wishes. And globalization of production means an individual or a firm can buy raw materials from one place of the earth and send it to other part of the planet or any place for further process and distribution or sale. Thus the option A best suits the answer where an American jewelry manufacturer buys diamonds form one part of the planet that is from South Africa and exports to India for further cutting process, which is at the different [part of the planet thus making the production process global.
Thus the answer is A) Daily Diamonds, an American jewelry manufacturer, buys diamonds from South Africa and exports them to India for the cutting process.
Answer: direct material, direct labor, and fixed manufacturing overhead
Explanation: In calculating product cost in a manufacturing environment, there are two types of costing namely the variable costing method and absorption costing method.
Under absorption costing, a unit of product includes direct materials, direct labour, variable overheads and all fixed manufacturing overhead.
under this method, all variable cost as well as fixed cost are all included in the cost of a product.
Absorption costing is required by GAAP and so has to be using in preparing the financial accounts.
Answer:
The correct answer would be option B, Summary Judgement.
Explanation:
A summary judgement is a ruling passed by the courts that no trial is necessary because there are no essential facts in dispute. The purpose of trial is to determine the facts other the case; that is, to decide who did what to whom, why, when and with what consequences. So if there is no essential evidence or facts about the dispute, the court has the right to stop the trial and either dismiss the case or orders to provide the evidence all over again if any.
<u>Answer: </u>Option D
<u>Explanation:</u>
When the government tries to reduce the production or consumption of certain goods taxes can help the government to perform this action. Taxes alter the resource allocation by giving disincentives for production, consumption or exchange of these goods. Consumer decisions on savings and retirements can be controlled through taxes. Through affecting their decisions, their behavior to take actions based on the decision can also be changed.
By keeping a check on the incentives of the people through taxes the demand and supply can be decreased. This further decreases the productivity of the country.
Answer:
500
Explanation:
Cumulative voting allows a minority shareholder to cast a minimum of 100 times 5 equals 500 votes.
This is supposed to give him as much say in the company as other shareholders as he is able to vote.
