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Sergeeva-Olga [200]
2 years ago
6

Economies of scale:

Business
1 answer:
gregori [183]2 years ago
5 0

Answer:

are achieved when a firm reduces its average cost of production as it produces more. 

Explanation:

Economies of scale is reduction in the average cost as production increases due to the large size of the firm which makes it more efficient.

It is large firms that enjoy economies of scale.

Economies of scale can be achieved by buying supplies in large quantities. When firms buy in large quantities, they enjoy discounts which reduces their average cost. This is a form of internal economies of scale.

I hope my answer helps you.

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When determining the account balance for a particular account (ex. Accounts Receivable) in order to prepare a trial balance, the
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Answer: General ledger

Explanation:

According to the given question, the company's general ledger is the term that is used to refers to the account that helps in balancing the specific account in the form of record, store and also summarizing all the transaction details of an organization by using the proper balance sheet chart.

The main role of the general ledger is that it helps in preparing the financial reports by including all the data such as revenue, liability, expense and the asset.

The general ledger is preparing the balance by using the transaction statement of the company's account.

 Therefore, General ledger is the correct answer.

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3 years ago
Language is the most complex challenge global marketers face.<br><br> True<br> False
KATRIN_1 [288]

Answer:

False.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Some examples of international economic organizations involved in global economy and trade are;

- World Trade Organization (WTO).

- United Nations (UN).

- International Monetary Fund (IMF).

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Language is not the most complex challenge global marketers face because they can be translated easily through the use of a software application, an interpreter or simply through the use of other forms of communication.

7 0
2 years ago
PlastiPharm produces a foundational product that sits on a shelf until it is needed and added to another product. In reviewing t
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PlastiPharm would want to perform the additional testing because:

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<h3>Why do manufacturers carry out testing?</h3>

Rigorous testing is usually carried out by companies to ensure that defects and hazards are detected before the products are sent out into the market.

This way, their liability from product defects is reduced or eliminated completely.

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2 years ago
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belka [17]

She would receive unemployment

7 0
3 years ago
Miles uses the allowance method and wrote off the account of james. miles then received $559 as partial payment on the account o
Amanda [17]
<span>The journal entry to record the initial write-off includes is allowance for doubtful accounts. Allowance for doubtful accounts is a contra account to accounts receivable, and therefore has debit balance. It also needs to be diminished because you already used the bad debt when you make the allowance.</span>
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