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 decrease in the price of domestically produced industrial robots will be reflected in the GDP deflator but not in the consumer price index.
<u>Explanation:</u>
Although from the outset, CPI and GDP Deflator might measure something very similar, there are a couple of key contrasts. The first is that GDP Deflator incorporates just local merchandise and nothing that is imported. This is diverse because the CPI includes anything purchased by buyers, including remote merchandise.
The subsequent contrast is that the GDP Deflator is a proportion of the costs all things considered and benefits while the CPI is a proportion of just merchandise purchased by shoppers.
Answer:
money and credit markets,investments,financial management
Explanation:
Finance consists of three interrelated areas: (1) money and credit markets, which deals with the securities markets and financial institutions; (2) investments, which focuses on the decisions made by both individuals and institutional investors; and (3) financial management, which involves decisions made within the ...
The word that comes in the blank space is; "sample".
<span>These customers represent the sample used in the study.</span>
Answer: Please see answer in the explanation column
Explanation: A T- account resembles a tshape that shows a representation for financial records using double-entry bookkeeping, when it involves different accounts like asserts and liabilities, debits to liabilities decrease the account while credits increase the account. The contrary is true for assets
first T-account
.a) <u>Assets | Liabilities</u>
Reserve: +$2000 Deposit: +$2000
b)
<u>Assets | Liabilities</u>
Reserve $400 Deposit=+$2000
Loans: .+$1600
Where required reserve ratio is 20% ie 0.02 x 2000= $400
The bank will keep $400 as reserve and can only loan out $1600
Deposited in another bank as
<u>Assets | Liabilities</u>
Reserve $1600 Deposit=$1600
