Answer: (A) Change in an accounting principle
Explanation:
According to the given question, the finer food Inc., is one of the company which using the average cost technique for measuring the inventory process.
So, the change made in the company is reported in the form of financial statement as change in an accounting principle of flow of the physical products.
The accounting change is the term which is used for reporting an entity and the estimating and evaluation the various types of asserts and liabilities in an organization.
Therefore, Option (A) is correct answer.
The financial management practices which are least effective in creating and monitoring an operating budget include top down/bottom up budgets, poor inventorying, lack of control, over control, and lack of staff investment.
In business, financial management includes the practice of making a business plan and then ensuring that all departments which falls under it stay on track and work properly.
Creating and monitoring an operating budget for the national government involves four distinct processes which are, budget preparation, budget authorization, budget execution and accountability.
Hence, the operating budget helps in keeping track of the income and expenses in an organization.
To learn more about operating budget here:
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Answer:
In the short run, these workers are VARIABLE inputs, and the ovens are FIXED inputs.
Explanation:
Workers are variable inputs since Raphael can decide to change the number of employees hired every week or every certain period of time. On the other hand, the number of ovens cannot change immediately since Rapheal would need to move to some other place in order to increase the number of ovens.
Answer:
Weight w1 = 0.65
Weight w2 = 0.35
Expected return =10.75%
Explanation:
w1 + w2 = 1 ........... (1)
w1 = SD of asset 2/(SD of asset 1 + SD of asset 2)
w1 = 11 ÷ (6 + 11) ⇒ 0.65
∴ w2 = 1 - w1 ⇒ 1 - 0.65
w2 = 0.35
Expected return = Weighted average
[0.65 × 9] + [0.35 × 14] ⇒ 10.75%
