Answer:
Both are ongoing
Explanation:
Remember, projects do not go on forever. Rather, projects are usually marked by deadlines. However, operations are simply ongoing activities in which resources are planned, executed, monitored and controlled by individuals.
which may be constrain
A none similarity between projects and operations is that, they both are not ongoing .
<span>The strategy of appealing to different types of customers in this way is an example of product definition.
</span><span>The product definition includes product concept, design requirements and specifications, features, target market.
</span>First the company must understand the customer<span> needs and then it should convert this understanding into technical requirements for a new </span>product<span>.</span>
The answer to this item is letter <em>C. PRICE ELASTIC. </em>
The price elastic demand as stated in this given corresponds to the increase or rise in the total revenue when the price is brought down or decreased. This is indicated by the PED (price elasticity of demand).
The total revenue is calculated by multiplying the total items, good, or services sold by the unit price. For the demand which is price elastic, the decrease in the price will cause a higher raise in the number of customer vying for the products and services.
Practicia completes the job in one hour = 1/4
Naoimi completes the job in one hour = 1/5
If Parcticia and Naoimi does it together,let us suppose in x number of hours.
The equation so form is:
(1/4)*x + (1/6)*x = 1 (i.e job finished)
The Least common multiple(LCM) of 4 and 6 = 12
12*(1/4)*x + 12*(1/6)*x = 12*1
Therefore, solving the equation we get,
3x + 2x = 12
5x = 12
x = 12/5
x= 2 2/5 hours or 2.24 hours
Therefore number of hours they took to complete the work is 2 hours and 24 minutes or 2.24 hours.
Answer:
Net Income will be overstated
Explanation:
The journal entry for salaries payable is
Salaries Expense Dr.
To Cash A/C
(Being salaries paid recorded)
Salaries expense is charged to net income and the journal entry is
Net Income Dr.
To Salaries Payable
Salaries expense reduces net income as it being a deductible expenditure for a corporate.
In the given case, salary expense has been accounted as a product cost. This would reduce the expenses and thus would overstate the net income.
