Answer:
From the list of options, Option A is the only correct one:
"the actual usage of materials was less than the standard allowed".
Explanation:
<em>Material usage variance</em>
A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite.
<em>Material price variance</em>
A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favorable variance is recorded where the actual total cost of materials is lower that the standard cost. While an adverse variance implies the opposite.
From the list of options, Option A is the only correct one
Answer:
interest rate = 5.01%
Explanation:
p0= a = 1000
p1= b = 2400
amount = c= -3623
rate = ?
Because the first amount is investment for a period of 2 years, and the second 1 year, we can solve for rate using the quadratic equation:
A = 1000
B = 2400
C = -3623
x1 = 1.0501111083677623
x2 = -3.4501111083677625
We use the positive root:
x1 = 1.0501111083677623 = (1+r)
1.0501111083677623 - 1 = r = 0.0501111 = 5.01%
EDIT several problems with the math tool but kind of worked
Answer: C
Explanation: An internal source to validate the data is a marketing research paper that the business has already completed.
Answer:
The answer is A.
Explanation:
Construction of new homes is counted as part of investment spending in computing the GDP because they can be rented or leased out for generation of income.
Option B is incorrect because this is not private spending.
Option C is incorrect because it has nothing to do with government
Option D is incorrect because this is not a form of private saving while the question has nothing to do with the stock market (option E)
Capitalism, socialism or a mixed economy. In a capitalistic society, individuals and businesses aim to earn a profit with the production of their investment and labor in a free market operating largely by supply and demand. Socialism is when the government owns and/or controls productive enterprises.
