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Phantasy [73]
3 years ago
12

A segment of Mega Inc. manufactures and sells blankets. The various models of blankets are produced in a single factory using st

able technology. They are sold by the sales department, also located in the factory. The segment is most probably accounted for as a(n) _____.
a. cost center.
b. revenue center.
c. profit center.
d. investment center.
e. none of these.
Business
1 answer:
Anna007 [38]3 years ago
4 0

Answer:

c.  profit center

Explanation:

Based on the information provided within the question it can be said that the segment is most probably accounted for as a profit center. This is a specialty department formed inside an organization that deals with generating revenues and profits or losses. These departments are completely monitored and controlled since they are the main driving force of the company brand.

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According to the circular flow model of the market system, when resource-owners' money income is rising, then the costs to busin
mojhsa [17]

Answer:

(B) False

Explanation:

In the circular flow, the raw material that is basic resource provider gets to increase his income which means that his profit margin is high thus sales value is high and therefore, the result will be higher cost for the producers using such resources.

Since the cost to producers is revenue to resource owner's, this means high revenue to owner's and high cost to producers.

Thus, above stated statement is

(B) False

5 0
3 years ago
Clever Computers has a five-day workweek and pays the office staff $3,050 each week. If the month ends on a Thursday, the adjust
Oksana_A [137]

Answer: The correct answer is b.$3,050.

Explanation: Clever Computers has a five-day workweek and pays $3,050 each week. The payment will only occur at the end of the workweek when the staff have earned the wages. However, the month ended on Thursday, meaning that the staff have only worked for four-day workweek. They have therefore earned $2,440 (4/5*$3,050) at the end of the month but that payment is not due because the 5-day workweek has not been completed. The complete journals the company would raise would be Debit Wages (overhead) $2,440, Debit Wages receivable $610 and Cr Wages payable $3,050.

When it is next month after the five-day workweek has been completed, the company would Dr Wages Payable $3,050 and Credit Cash $3,050 to make the payment.

4 0
3 years ago
Patrick and britt are in agreement that patrick will pay britt $2000 for a used vehicle. at what point is there a binding contra
katrin2010 [14]
<span>There is a binding contract as soon and Patrick and Britt orally agree. There does no need to be a written contract as long as there is a meeting of the minds.</span>
5 0
3 years ago
List out 15 trainings conducted by FNCCI​
Andrej [43]
1 Disciplinary Action & Termination of Employment August 23, 2015 August 23, 2015
2 Human Resource Management in Current Perspective September 22, 2014 September 23, 2014
3 Disciplinary Action & Termination of Employment March 09, 2014 March 09, 2014
4 Misconduct & Disciplinary Action September 22, 2013 September 22, 2013
5 Hiring and Termination Practice in Denmark August 30, 2013 August 30, 2013
6 Information sharing on "Hiring and Termination Practice in Denmark". May 31, 2013 May 31, 2013
7 Designing Human Resource Systems November 04, 2012 November 05, 2012
8 Marketing Skills Training July 19, 2012 July 20, 2012
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10 Enhancing Supervisory and Leadership Skills - - (sorry that’s all I got) :(
5 0
3 years ago
If the value of risk-sensitive assets exceeded that of its liabilities, the bank's profit from the interest rate will:_____
Butoxors [25]

Answer:

Increase

Explanation:

The rate of a bank work or performance is mostly acted upon or influenced by the interest payments earned on its assets (loans and investments) relative to the interest paid on its liabilities (deposits). Bank will get profit from increasing interest rates only if the said assets have floating (adjustable) rates.

When the value of risk-sensitive assets is beyond that of its liabilities, the bank would profit from increase in interest rates.

5 0
3 years ago
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