Answer:
II. Prevention costs are costs that are incurred to prevent the sale and production of defective units.
Answer:
The answer is : People consume the goods they produce
Explanation:
Say's law could also be refereed to as Say's law of markets in Classical economics states that supply itself creates its own demand which is equivalent to people consuming what they produce.
The correct option is B
<u>Explanation:</u>
In an economy, planned investment spending is always equal to planned saving. If actual saving falls short of (exceeds) planned saving, then actual investment falls short of (exceeds) planned investment.
That is the other part of the saving paradox. If an economy produces too much, such that saving is greater than planned investment, inventory will build up, giving signal to producers to reduce output, to restore equilibrium. Such investment scheme is suitable only to communist countries. Keynes has another investment theory in his liquidity story. But investment theories are equally a posterior.
Therefore, Option B is correct
Answer:
B. Cost-Benefit
Explanation:
According to the Financial Accounting Standard Board (FASB) framework, it is important to estimate the cost and benefit of information before deciding the relevance of the information. It decides when to disclose and whether to disclose the information
Once, the cost of such information outweighs the benefits of its disclosure then FASB framework terms it as not relevant.
Cost of Information
Financial reporting through the preparation of financial statements has a cost, these costs include provision, preparation as well as the audit of the information provided. The cost-benefit constraint basically intends to ensure that financial statements are most-effectively and most-efficiently prepared.
Answer:
A dashboard refers to a heads-up display of critical indicators that allow managers to get a graphical glance at key performance metrics.
Explanation:
A dashboard refers to a heads-up display of critical indicators that allow managers to get a graphical glance at key performance metrics.
A type of graphical user interface that often provides at-a-glance views of key performance indicators (KPIs) relevant to a particular objective or business process is known as a dashboard. In other ways, another name for "dashboard" is "progress report".
The "dashboard" is often displayed on a web page which is linked to a database that enables the report to be constantly updated.