The price elasticity of a good will tend to be larger the longer the relevant time period.
Answer:
to meet the competitive requirements of customers, suppliers and business partners.
Explanation:
The world is slowly drifting towards a global age and we all need internet based technologies to keep up. The suppliers need the technologies to advertise their goods and keep up with customer demands and satisfaction. The customers need it to be able to find things they want and also get in touch with their favourite suppliers. The business partners need it to know the in and out of their investment and keep abreast of the business track.
Answer:
The identification and selection of activities to maximize the value of the activities while minimizing their cost from the perspective of the final consumer of the product or service
Explanation:
Activity-based management (ABM) is defined as the identification and selection of activities to maximize the value of the activities while minimizing their cost from the perspective of the final consumer of the product or service
Answer:
[C] decides to borrow funds with a promissory note in writing from an individual client.
Explanation:
NASSA Model Rule on Unethical Business Practices of Investment Advisers and Federal Covered Advisers stimulates that an investment adviser could borrow money from either the shareholder or institutional lending facility. However, an investment adviser can not borrow money from an individual client. Therefore, the correct is the option [C].
Answer:
C. Allocation of fixed manufacturing costs are arbitrary at best.
Explanation:
A.- Yes, fixed cost occurs regardless of the level of production, but <em>that is true for every costing method,</em> and some of them do calculate a unit rate for fixed overhead. the statment is partially true
B.- If fixed cost changes with the level of production then, are variable cost, not fixed. Statement is FALSE
C. The allocation of fixed manufacturing costs is arbitrary at best. This is the reasoning for variable costing to consider fixed cost expenses, the method of allocating cost, using a rate always generates a difference in applied and overapplied MO It generates distortions and is not objective, it is based on personal option. The use of direct labor hours, cost or machine hours is evidence of that. TRUE
D.- There is such a cost, like depreciation, but <em>others do incur in cash disbursements,</em> like rent, indirect materials, supervisors, maintenance cost and others.is Statment is FALSE
