Assigning indirect costs to specific jobs is completed by D. applying indirect costs to work in process.
<h3>What are indirect costs?</h3>
Indirect costs are costs that are not directly traceable to cost objects (e.g. a job, product, or service unit).
Indirect costs are overheads incurred as a result of a business activity but without direct impact. For example, utilities, office supplies, etc. are all indirect costs.
Thus, assigning indirect costs to specific jobs is completed by D. applying indirect costs to work in process.
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Answer:
the correct answer is Limited-service wholesalers
Explanation:
limited service whole salers only provides only a limited range of additional value added services. However, the limited service wholesalers are relatively cheaper comparatively to other types of wholesalers, which makes them ideal for micro, small and medium enterprises.
Answer:
False
Explanation:
When supply of loanable funds increases, the borrowers have more sources of availing loans. Such a situation leads to a competition among suppliers of loanable funds.
Thus, to attract borrowers, suppliers have to lower the rate of interest on loans.
Thus, Borrowers will not bid up the interest rate in such a scenario and would rather bid down the interest rate.
