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erastovalidia [21]
3 years ago
13

Under a periodic inventory system

Business
1 answer:
balandron [24]3 years ago
5 0

Answer:

The correct answer is letter "A": a physical inventory is taken at the end of the period.

Explanation:

When the general ledger is only updated by the end of a period it is said that the firm is using a periodic inventory system. This approach is implemented because physical inventories could be time-consuming. It is even more helpful for small businesses since their inventory is limited.

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Whats the meaning of oligopoly and monopoly market structure​
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Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence. A monopoly is one firm, a duopoly is two firms and an oligopoly is two or more firms.
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2 years ago
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The decision to innovate
sukhopar [10]

Answer:

D hope that helps you out

7 0
3 years ago
Classify this form of business:
Viktor [21]

Answer:

Limited Liability Partnership / Limited Liability Company.

Explanation:

  • Limited Liability Partnership: A limited liability relationship is a company in which certain or all members have defined obligations, based on the law. Consequently, it can show collaboration and organizational features. Each partner in an LLP is not accountable or liable for any wrongdoing or incompetence of another party.
  • Limited Liability Company: A limited liability company is a management structure whose proprietors are not personally responsible for the obligations or responsibilities of the business. Limited liability corporations are hybrid organizations that combine a company's features with that of a partnership or sole business entity.
7 0
2 years ago
The direct materials price variance is calculated asA) the difference in Actual Quantities (AQ) multiplied by the Actual Price (
Pachacha [2.7K]

Answer:

C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.

Explanation:

Direct Material Price Variance = (Actual Price - Standard Price) \times Actual Quantity

Opening the brackets we have

Actual Price \times Actual Quantity - Standard Price \times Actual Quantity

therefore, from the options provided option C) is correct as Direct Material Price Variance is difference in Actual Cost and Standard Cost of Actual Units

Final Answer

C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.

4 0
3 years ago
Emma is babysitting Laura’s children. Emma turns on the stove to make dinner, but a flame shoots out and burns Emma’s hand. Late
ollegr [7]

Answer:

Homeowners insurance, assuming Laura owns the house.

Explanation:

Homeowners insurance most often is what covers personal injury and liability claims if someone is injured in your house.

Just as a side note, if Laura is renting the home the landlord would need the homeowners insurance, not Laura.

8 0
3 years ago
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