Answer:
If the accountant did not prepare the elimination entry of unrealized profit in inventories at the end of any year, this will affect the consolidated net income in that year and in all subsequent years". Discuss the accuracy of this statement and support your answer with a numerical example
Answer:
C
Explanation:
In economics, when the word Marginal is mentioned, it refers to additional, as in one extra unit.
For example when we hear marginal revenue, it means the revenue gotten from selling an additional unit, when we hear or speak of marginal cost, it is the cost of producing or getting one more unit.
Propensity is a tendency, an inclination to do something.
So adding the three words together, marginal propensity to consume will be the tendency or inclination to consume one extra unit as a result of earning extra income.
Hence (MPC) is the fraction of extra income consumed.
I hope the concept is clearer.
Answer: production-oriented
Explanation:
production-oriented marketing is a marketing strategy in which the company only focuses on producing quality product without considering customer's need. Such strategy makes them believe that customers will come for their product once they can produce the best quality, so they produce as many quality units as possible, such a company is termed to be production oriented.
Im not sure, sorry, I wish I could help
Answer:
B
Explanation:
The twelve Federal Reserve banks are involved in monetary policy in several ways including the following except voting on the purchase and sale of government securities that affect both interest rates and the amount of reserves in the banking system.
