Answer:
Labour rate variance
= (Standard rate - Actual rate) x Actual hours worked
= ($12 - $13) x 320,000 hours
= $320,000(U)
The correct answer is C
Explanation:
Labour rate variance is the difference between standard labour rate and actual labour rate multiplied by actual labour hours worked.
Answer:
is the net effect of the foreign trade sector on GDP.
Explanation:
Net Export is included in the calculation of GDP. GDP = Consumption spending + Investment spending + Government Spending + Net Export
Net Export is export less import.
It will increase if imports of goods decline.
It will increase if exports of goods increase.
I hope my answer helps you
Answer:
Herstatt.
Explanation:
The risk that a central bank will not make the necessary transfer of foreign currency to complete a currency settlement is known as herstatt risk.
Herstatt risk is also known as cross-settlement risk or settlement risk. It was named after Bankaus Herstatt (a German bank) that failed in June 1974 when it was supposed to settle a contract for a payment received from the other party and consequently, amounting to a loss of about $602,000,000.
Hence, is mainly a loss in foreign exchange transactions where a party defaults after receiving money from another.
The answer is your last option: lower-level managers. Hope I helped! :)
I would say the shareholders could disapprove of the performance of their company if it was to consistently to lose money over say several quarters with no signs of improvement or no encouragement by management that this was a temporary situation,
