The complete question in the attached figure
Let
R------------------> nominal gdp last year---------- > $50,000
S------------------> nominal gdp this year---------- > $200,000
T------------------ > e<span>conomic growth rate
</span>
we know
T=[(S-R)/R]*100
therefore
T=[(200000-50000)/50000]*100=300%
T=300%
<span>that means that the GDP increased [300-100]=200%
</span>therefore
the answer is the option A) Output in Antaria quadrupled
The following statement does not hold true about 24 hour coverage- <u>It reduces litigation concerning cause of injury or disease.</u>
Explanation:
The 24-hour coverage consist of both Health coverage and worker's compensation coverage .
The important feature of the 24 Hour coverage policy are:-
- It covers all the health care needs of an employee -<u>Both occupational and non-occupational health care needs are covered under this policy.</u>
- All the health care needs are covered by a single health care provider
- As the coverage is termed as 24 hour coverage -<u>it exist round the clock</u>
So the answer is (D) It reduces litigation concerning cause of injury or disease.(Not covered under 24 hour coverage)
Answer:SELF-MANAGED
Explanation: A self managed team is a team where only the members of the team or Organisation plans,organises and cordinate the Activities of the team or Organisation. This type of team is also known as a self-organised or self-controlled team or Organisation,as all management functions are rotated among the members of the team or organisation.
Self managed teams or Organisation is semi-autonomous of external parties, they depend on the personnel inside the Organisation.
Answer:
Question 1, overhead cost are applied to products on the basis of only one appropriate basis (absorption basis) and no overhead manufacturing cost is traceable to the goods. Traditional costing systems allocates the overhead cost to products on inappropriate basis.
So the answer is Option-C.
Question 12
Option A is incorrect because it is Activity based costing that identifies the cost drivers that are the cause of the cost generation.
Option B is also incorrect because in traditional absorption costing, the manufacturing overheads are not written off, they are absorbed in the unit product cost.
Option C is correct because there is no concept of cost drivers in absorption costing so saying that all the funds are aggregated to one cost pool generally known as manufacturing overhead cost.
Option D false again. it is the activity based costing that improves the overhead absorption basis.
Option E is also incorrect because activity based costing is superior than traditional costing.
Question 13
Option C is correct simply because it is its definition. Cost estimation, cost prediction and cost approximation is about forecasting techniques whereas cost analysis is about different cost arising and managing & controlling them.
Question 14
Cost estimation is about forecasting cost that is on relevant basis like using activity - cost relation.
Question 15
Variable cost changes in direct relation to the activity level. Fixed does not changes with activity level. Semi fixed is fixed and variable as well. Step fixed remains fixed for the threshold and then again remains fixed for another threshold level of activity.