Answer:
Spending Variance $389 Unfavorable
Explanation:
<em>The spending variance is the difference between the standard cost allowed for the actual level of activity and the actual cost incurred.</em>
$
Standard allowance ($19× 609) + 1090 12,661
Actual cost 1<u>3,050</u>
Spending Variance <u> 389 Unfavorable</u>
Answer:
The summary as per the given query is summarized in the explanation section below..
Explanation:
The given values are:
The nominal rate of return,
= 7%
i.e.,
= 0.07
Inflation,
= 4%
i.e.,
= 0.04
- Lengthy-term inflation would lessen the return on investment that lowers the net return as long-term investments are made.
- It can also aim to obtain a higher return that will comfortably exceed the rate of inflation and therefore is beneficial towards diminishing the average return.
Now,
The rate of return will be:
= 
On substituting the values, we get
= 
= 
= 
= 
Therefore it isn't able to measure the average return rate because the quantity of years for its expenditure.
The given statement is False.
Diversity in work groups can create conflicts, so managers should try to minimize diversity when assigning new people to teams, is a False Statement.
Explanation:
Diversity means a whole range of diverse or different things. Diversity can be defined as the state of being diverse. Diversity is a concept which emphasizes that concept that every person is different and unique in his or her own way and we all should respect the differences between people.
People can be considered diverse on the basis of
- Ethnicity
- Race
- Gender
- Age
- Physical Abilities
- Cultures
- Status
- Religion
- Political beliefs, etc.
So when people with diversity come together to work with each other, they may share different opinions on the basis of their different backgrounds and the final result will be a sure success. So managers rather prefer to make teams of people with diversities.
Learn more about diversities at:
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