Answer:
1. C.Tax accounting
2. C. Tax accounting
3. A. Financial accounting
4. C. Tax "
5. B. Managerial "
6. A. Financial "
7. B. Managerial "
8. B. Managerial "
Explanation:
Tax accounting: accounting methods focused on tax.
Financial accounting: summary, analysis and reporting of financial transactions.
Managerial accounting: analyzing and communicating financial data to managers.
Answer:
Fixed costs that can be avoided by discontinuing the line.
Explanation:
Avoidable costs are those costs which can be eliminated by closing or rejecting a decision under evaluation. These costs are mostly variable coasts which vary with the change in activities. More activity more cost, less activity less cost and no activity no cost.
So fixed costs that can be avoidable by discontinuing the project is the only irrelevant cost between the given options.
Option E is correct.
<u>Explanation:</u>
Case strategy focuses on to produce only such amount of goods that is ordered by the customers. In the chase strategy of aggregate planning, demand and capacity are matched for every period, one by one. In the given problem, since the firm is using the chase strategy, it would first match demand and capacity for the next period.
Since the demand for the next period is 1100 units, and the firm produced 1000 units in the last period, it would require more workers to cater to the additional requirement of 100 units.
By hiring workers, the firm would be able to match the demand and supply for the next period.
Answer:
1) organic organizations are better able to deal with a complex environment.
Explanation:
An organic organization is one that is flexibile, and that can adapt easily, and quickly, to a changing enviroment.
According to the contingency model, organizations are better off when they are flexible, keep their options open, and adapt rapidly to changes. In other words, organic organizations are better able to deal with a complex enviroment.
This is because of the lack of rigidity inside an organic organization. The organic organization will prioritize pragmatism over rules or hierarchy, allowing it to respond more quickly to a dramatic shift, than a mechanistic, rigid organization.
These are all characteristics of Integrated cost leadership/differentiation following business-level strategies.
<u>Explanation:</u>
An enterprise level approach where distinct goods are sold at low cost on the market, understood as an Integrated cost leadership / differentiation. Distinct product means the special qualities of consumer preferences and price leadership means the commodity is sold at the cheaper cost, i.e. at a margin slightly better than average price. Particularly at a global frontier, it is helpful in acquiring broad customer base. Here Zara is expecting from its firm to attract the global consumers by selling its products in relatively lesser price, to fulfill this expectation appropriate designers have been hired to manage costs.
