Cindy's reasoning illustrates: <u>sunk-cost fallacy</u>.
<u>Explanation</u>:
The term fallacy refers to failure in reasoning and mistaken belief. A sunk cost is a cost incurred in the business that cannot be recovered. The cost invested in the business and lost is referred as sunk cost.
Sunk cost fallacy gives false hope to the people about their investment plan in business and makes them take wrong decision.
In the above scenario, Cindy invested $850,000 into the business. She faced loss continuously and lost her money. But she stills thinks on investing in her business instead of selling it.
Answer:
See explanations below
Explanation:
Kind find attached solution. Please note that 3,300 units was used for the alternative.
Answer:
Accelerated depreciation method
Explanation:
Accelerated depreciation is a method of depreciation in which the assets lost his purchase price or book value at the speedy rate as compared with the straight-line method.
And it generates a larger amount of expenses during the early period and the smaller amount of expenses in the later year so that it can be decreased the taxable income
Answer:
Letter D is correct
Explanation:
The difference between quality circles and continuous improvement lies in employee empowerment. The quality circle is a tool that proposes problem solving and quality control of organizational processes based on the plan, do, check, act that can be performed by all employees of a given organizational sector. Continuous improvement is already a quality tool based on the need for new learning and improvement in organizational processes, so it should be done by professionals able to study the best option to improve and complement the quality circle.