The ultimate goal of accounting according to trueblood criterion is to predict future cash flows to the investor or creditor
<h3>What is a
trueblood criterion?</h3>
In accounting, its means the reporting on the past & present firm information that could help us predict future cash flow to firm.
Hence, by virtue of trueblood criterion, the ultimate goal of accounting is to predict future cash flows to the investor or creditor.
Therefore, the Option C is correct
Missing options "A) Predict future cash flows to the firm
B) Predict income to the investor or creditor
C) Predict future cash flows to the investor or creditor
D) Predict income to the firm"
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Answer:
D. $0.7572–$0.7641
Explanation:
The forward BID rate is the rate at which the buyer is willing to buy or perform a transaction while the ASK rate is at which the seller is willing to sell at.
They are calculated by Adding or Subtracting the Basis Point(BPS).
Here BPS = 0.12% AND 0.16%.
Forward bid rate =$0.7560 + 0.0012 = $0.7572
Forward ask rate= $0.7625 +0.0016 = $0.7641.
Todd is at the managerial level of the organizational pyramid.
<h3><u>What is the organizational Pyramid?</u></h3>
A well-liked form of organizational leadership in business is the pyramid structure. Because there are a lot fewer leaders than employees, an organizational chart that lists everyone on it naturally has a pyramid shape. Executives, managers, and personnel make the three main tiers of a pyramid organizational structure. The executive level is at the top of a pyramid organizational structure, which has declining levels from middle management to the lower levels staff of the organization. Each upper level of the structure is supposed to be supported by the pyramid's lower levels in order for it to work. This is a conventional organizational structure system that is frequently associated with bureaucracy.
<h3><u>What are the roles assigned to the three levels of the organizational pyramid?</u></h3>
The fundamental idea behind a pyramid organizational structure is that lower levels of the company obey orders from higher up. In essence, the executives are in charge of all significant business operations. This covers the general vision, strategy, and operations. Managers typically work directly for executives and are in charge of overseeing certain divisions or goods. Staff assists managers by carrying out duties that carry out orders from the executive level.
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Answer:
An oligopoly market structure is very usual in the context of Australian. Maximum service industry like banking, retail etc. follow the market structure of the oligopoly. The grocery retail sector in Australia is a core example of the duopoly, a narrowed version of oligopoly (Chung, 2015). Moreover, the banking sector of Australia is a proper example of an oligopoly. The main feature that the oligopoly market structure follows is, in this type of market few firm operate as a sole authority in a market (LaFrenz, 2014). In the case of monopoly, there is only one seller who rules the whole market and business as well. The monopolistic competition involves firm competing strongly among them in an industry. They do not allow any other organisation to enter the market. The Australian Post is a major example of monopoly market structure. Banking and Retail sectors are the key examples of monopoly market structure (Welch & Welch, 2009).
Apart from the banking industry, the retail industry in Australia faces very strong competition. The giant monopolistic retail companies named Coles and Woolworths have grabbed maximum market share in the industry. It is being very difficult for all other small and big organisation to sustain in the market. It is surveyed that, the banking industry of Australia is facing strong competition or oligopolistic war. Smith (2015), has informed that the existent incumbents in the banking industry are strictly prohibiting the other new entrants for the sector (Smith, 2015).
Explanation:
^^^^^^
Answer:
It is more convenient to buy the product from an outsource supplier.
Explanation:
Giving the following information:
To make a batch of 800 units, it is estimated that 120 direct labor hours are required for $12 per hour. Direct material costs are estimated at $1,800 per batch. The overhead costs are calculated based on an overhead rate of $7.50 per direct labor hour. The item can be readily purchased from a local vendor for $5 per unit.
We need to determine whether it is more convenient to make in house or outsource.
Make in house:
Total variable cost= 120*12 + 1,800 + 120*7.5= $4,140
Unitary variable cost= 4,140/800= $5.18
Buy= 5
It is more convenient to buy the product from an outsource supplier.