<span>It will cost $3,000 to acquire a small ice cream cart. cart sales are expected to be $1,400 a year for three years. after the three years, the cart is expected to be worthless as that is the expected remaining life of the cooling system. what is the payback period of the ice cream cart?
a. .83 years
b. 1.14 years
c. 1.83 years
d. 2.14 years
e. 2.83 years
</span>
the answer is E.
Answer:
Direct; indirect cost.
Explanation:
A cost that can be easily and conveniently traced to a specific cost object is a direct cost of that cost object, whereas costs that cannot be easily and conveniently traced to that specific cost object are indirect cost.
In Financial accounting, direct cost can be defined as any expense which can easily be connected to a specific cost object such as a department, project or product. Some examples of direct costs are cost of raw materials, machineries or equipments.
On the other hand, any cost associated with the running, operations and maintenance of a company refers to indirect costs. Some examples of indirect costs are utility bill, office accessories, diesel etc.
I believe the answers are utility bill and true.
Answer:
a. makes normative statements.
Explanation:
In Economics there are two type of statements: positive statements and normative statements.
Positive statements describe an aspect of reality, while normative statements try to establish what ought to be about an aspect of reality.
For example, a positive statement is: the inflation rate is 4%.
While a normative statement is: the inflation rate should be between 3% and 4%.
When an economist uses normative statements, he is not only a scientist, but a policy adiviser as well, because he is using his knowledge to recommend actions that affect society, and that are political.
Answer:
a. help organize the roles, responsibilities and accountabilities for risk management and risk mitigation.
Explanation:
Domain connects remote users to the organization network. It helps host to define the access to specific user. Domain holds all the critical information and data in the system. It defines the roles and responsibilities for risk mitigation.