Answer:
go to party
Explanation:
Scale of preference can be described as a list of wants of individuals. They are usually arranged in order of importance or preference.
If the individuals vote on hanging out versus going to the play :
Abdul would vote to see a play because it is his most preferred activity
Gina would vote to go hangout because it is her most preferred activity
Shaquille would vote to hangout. this is because going to the play is his second most preferred activity
so hangout would win with 2 votes to 1 in this round.
In the next round of voting, the two contenders would be hangout and going to the party.
Abdul would vote to go the party. Going to the party is his second most preferred activity and hangout is his least preferred activity
Gina would vote to go hangout because it is her most preferred activity
Shaquille would vote to go to the party. This is his most preferred activity.
Going to the party would win the second round of voting
Transnet is South African transportation sector company. This company included freight, logistic, and rail transportation in its business. For a decade, the Transnet Company have enjoyed the monopoly market in fright, logistic, and rail transportation in South Africa. because they control every rail in South Africa back then.
Answer: measuring actual performance
Explanation: Measuring is the first step in the control cycle. Many employment and tasks can be expressed in concrete and observable terms.
Managers often use a number of information sources to assess actual performance, such as personal observations, statistical reports, oral reports, and written reports.
In the given case, Zachary is using a report that lacks relevance relative to the measurement criteria. Hence from the above we can conclude that the correct option is A.
Answer:
where manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis.
Explanation:
Process costing can be regarded as accounting methodology which helps in tracing and accumulation of direct costs, s well s allocation of indirect costs of a manufacturing process. In this method, Costs are been assigned to products, and this is usually in a large batch, and could encompass an entire month's production.
It should be noted that process costing system is employed in those situations where where manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis.
Answer:
A detailed list of the accounts that make up the five financial statement elements.
Explanation:
The company's chart of accounts is the listing of all the accounts that the company has included as part of the five financial statement elements during a specific period of time.
The five financial statement elements are: assets, liabilities, equity (part of the balance sheet), expenses and revenues (part of the income statement).
Examples of accounts that can be part of a firm's chart of accounts are: land (asset), cash (asset), notes payable (liabilities), outstanding stock (equity), operating expenses (expenses), and sales revenue (revenues).
The chart of accounts can differ greatly from company to company simply because companies engage in vastly different economic activities.
