Answer:
TRUE
Explanation:
In managerial accounting, there are 2 meanings and significance of a relevant range.
1. The relevant range is the level of activity (range) that a firm is operating i.e. the volume of its production activity.
2. The relevant range is the level of activity within which certain cost behaviors are true i.e. whether the costs by their characteristics are fixed or variable.
Beyond a relevant range, cost behaviors could change in 2 ways
1. Variable costs could start manifesting the characteristic of semi variable costs or mixed costs or
2. Fixed costs could become stepped and become stepped fixed costs.
Therefore cost estimations which is based on cost behavior are only VALID within the relevant range. It is only within a given level of output that certain cost estimations holds true.
Answer:
The correct answer is letter "B": It formalizes the logistics agreed upon by the roommates in the case of a dispute.
Explanation:
Roommate relationships might not always be harmonious. In most cases, people have roommates with the only purpose of sharing rent expenses. Aside from that, they are unlikely to have another bond. Thus, some conflicts could arise as a result of dealing with strangers.
To avoid major inconveniences, a roommate agreement should be signed among the individuals sharing the apartment so in the document, they formally establish the responsibilities and limits they have by sharing the same department and, in front of problems, the document will make it easier to determine who could be at fault.
Answer:
Option b (increasing) is the correct choice.
Explanation:
- Business owners may use statistics on either the minority race demographic to select a representative sample of about there workers with either the aspects of the brand living nearby.
- The population group query has also been used to obtain a depend on a number element.
The remaining three options are not relevant to the situation in question. It should be the correct solution to the above.
Answer:
Performance
Explanation:
The ultimate responsibility of the manager is to accomplish the high performance that represent the attainment of the organization goals via using the resources in a best way i.e. efficient and effective manner
So the responsibility of the manager is to accomplish the high performance so that the company could attain its goals and objectives
