Answer:
The correct answer is option c.
Explanation:
Forlornistan is experiencing an economic downturn, the GDP has steadily declined, the employment rate is very low and the CPI is falling.
All these characteristics show that the economy is going through economic depression.
Depression refers to the situation in which an economy suffers a downturn in economic activities. It involves decrease in output level, price and employment rate.
Answer: ABC costing systems have separate indirect cost allocation rates for each activity
Explanation: this costing method is based on the costs that each activity consume in a company. It can be used in either manufacturing or services company. The way of distribution the indirect costs is quite accurate.
Answer:
Physiological needs
Explanation:
Abraham Maslow developed the need hierarchy theory of motivation. As per him, the urge to fulfill a need by an individual serves as primary factor of motivation.
Maslow specified the following needs in their order of hierarchy i.e from lowest to highest:
- Basic Physiological needs: These correspond to an individuals basic needs such as food, shelter , clothing etc.
- Safety Needs: Refers to security needs both physically and financially.
- Social Needs: Refers to the need for love, affection and friendly ties.
- Self Esteem Needs: Refer to an individual's self respect and self confidence.
- Self Actualization Needs: Refers to the need of utilizing one's full potential and capability.
In the given case, the vendor pays it's employees a higher wage than the minimum wages. These wages would help employees satisfy their basic physiological needs as conveyed by the term, "living wage".
Answer:
1. Sep 09
Dr Petty cash $410
Cr Cash $410
2. Sep 30
Dr Merchandise inventory $59
Dr Postage expense $74
Dr Miscellaneous expenses $144
Dr Cash short and over $13
Cr Cash $290
3. Oct 01
Dr Petty cash $30
Cr Cash $30
Explanation:
1-Preparation of the journal entry to establish the Petty Cash fund
Sep 09
Dr Petty cash $410
Cr Cash $410
2- Preparation of the journal entry to Record the reimbursement of the petty cash fund.
Sep 30
Dr Merchandise inventory $59
Dr Postage expense $74
Dr Miscellaneous expenses $144
Dr Cash short and over $13
Cr Cash $290
($59+$74+144+$13)
3- Preparation of the journal entry to Record the increase of the petty cash fund
Oct 01
Dr Petty cash $30
Cr Cash $30
($410-$440)
It can be deduced that the months-of-supply for an item will be less than the days-of-supply.
<h3>What is supply?</h3>
Supply simply means the quantity of goods and services that a supplier or producer is willing to sell at a particular time and a given price.
The months-of-supply for an item in inventory will always be less than the days-of-supply for the identical item.
In conclusion, the correct option is less than.
Learn more about supply on:
brainly.com/question/25843620
