Answer:
purchases journal; expenditure cycle
Explanation:
For most retail businesses the first place transactions are recorded is the purchase or sales journal. This contains a simple lost of items purchased or sold. The information is later transfered to the general ledger.
On this scenario there was a delivery of inventory, from a vendor with whom there is an established credit relationship.
Once purchase is made on credit it is an expenditure transaction and will be recorded as such
Answer:
A and B.
Explanation:
Understand cost classification used for assigning costs to cost objects can be divided in direct costs and indirect costs.
Direct costs are those who can be easily and conveniently traced to a unit of product or other cost object. Examples are direct material and labor.
Indirect costs are those who cannot be easily and conveniently traced to a unit of product or other cost object. Example manufacturing overhead.
The common costs are the indirect costs incurred in support a number of cost objects. These costs cannot be traced to any individual cost object.
Determining cost tracing and allocation is more art than science, as it's difficult to trace costs with 100 percent accuracy.
Tracing costs becomes even more difficult when a cost goes toward producing multiple goods or services.
Answer:
D) There are few close substitutes for toothpaste.
Explanation:
Products that have a very low price elasticity (inelastic) ten d to be basic necessities and/or products that do not have many substitutes. For example, gasoline's demand is very inelastic since it is a basic necessity and its only substitute product is diesel (electric cars represent less than 1% of total cars, so electricity is not even a competitor).
The three main toothpaste brands in the US are Crest, Colgate and Sensodyne. Both Crest and Colgate are manufactured by Procter and Gamble, and GlaxoSmithKline manufactures Sensodyne. So there is really not very much competition since 8 out of 10 top toothpaste brands belong to the same company (P&G).
Answer:
The correct answer is A
Explanation:
Decision making is the vital as well as integral part of the modern management. It is the primary and the foremost function of the management. It is the key component in the role of the manager.
The decision making comprise of the selecting a course of action from the possible alternatives so that could reach at a solution for the problem.
So, the execution of the web grounded digital dashboard to offer the managers with the information that is real time like the complaints of the customer. It stated the example of improved decision making.
