Answer:
The correct answer is A
Explanation:
Group think can be defined or stated as the practice where an individual or people in a group making a decision or thinking in a way which is creative or individual responsibility. So, it is mode where people are engaged or involved deeply in a cohesive in group and trying hard to override their motivation in order to appraise the alternate course of action.
Answer:
The correct answer is E.
Explanation:
Giving the following information:
ShipCo. produces storage crates that require 1.2 meters of material at $.85 per meter and 0.1 direct labor hours at $15.00 per hour. Overhead is assigned at the rate of $9 per direct labor hour.
Direct material= 1.2*0.85= $1.02
Direct labor= 0.1*15= $1.5
Overhead= 0.1*9= $0.9
Total= $3.42
The answer to this question is when private ownership rights are well defined <span>It can be held accountable for damage to others through misuse of their property.</span>
Answer: $324,800
Explanation:
It is a general Principle that when calculating income tax expense, that the Extraordinary loss is treated separately because it is not a usual thing.
The income gained from changing the Accounting principle is not included as well.
The Taxable income to be recorded therefore is,
Taxable income = Income + Gain on disposal - Unusual loss (due to its infrequency)
Taxable income = 928,000 + 32,000 - 148,000
Taxable income = $812,000
Tax expense would therefore be,
= 812,000 * 40%
= $324,800
$324,800 is the amount of income tax expense Arreaga would report on its income statement.
Answer:
the exchange rate and the trade deficit to decrease.
Explanation:
A deficit can be defined as an amount by which money, falls short of its expected or required value.
Generally, deficit in financial accounting is usually as a result of expense exceeding revenue or revenue falling below expenses at a specific period of time.
For instance, when liabilities exceeds assets or import exceeds export there would be a deficit in the financial account.
Generally, a deficit on the current account ultimately implies that the value of goods and services exported is lower than the value of goods and services being imported in a particular country.
In 2013, government began with a budget deficit and a trade deficit. During the year, the government changed its policy and is now running a budget surplus.
Hence, this change in policy will cause the exchange rate and the trade deficit to decrease if all other factors hold constant