Answer: The price of the basket of goods falls in the U.S. and rises in Taiwan.
Explanation: Exchange rate is the price of a given currency when bought with another another,it is also known as the value of a currency when compared with others such as the United States Dollar. Various factors have been understood to be the cause of the rise and fall of Currency. This will include the value of a country's export and its balance of trade etc
When the price of the basket of goods falls in the United States and rises in Taiwan it will certainly cause the U.S. real exchange rate with TAIWAN to fall.
Answer: Option (D)
Explanation:
Checkmark in the post reference column of general journal refers to the fact that amount has been recorded in subsidiary ledger. As for each of the general ledger account there tends to lie a subsidiary ledger and the cumulative balance of the subsidiary ledger is also presented in balance sheet. For example, there are "n" number of the vendors in a business, but in the balance sheet only one account lies under the heading creditors. This is so, as posting entry the sub-ledger of the individual vendor is referred and accordingly, the cumulative balance of all vendors is presented in balance sheet as a final general ledger account.
Answer: monitoring operation
Explanation:
Monitoring operations requires management oversight, employee feedback and customer reviews. It can help provide specific directions for employees, which can lead to improved time management and increased productivity.
Answer:
b) The average cost must be rising.
Explanation:
Assuming that the entity produce 4 units and its total cost is $16 so average cost per unit is $4 and now the same entity has produced the 5th unit at $5 so the average cost now per unit is (16+5)/5=$4.2
So based on the above discussion, it can be concluded that average cost increase when the marginal cost of production is increased.
So the answer is b) The average cost must be rising.
Answer:
A) Analogous Estimation
Explanation:
Analogous Estimation is the process of comparing past costs and expenses of projects to make estimations for the current projects. This is usually used when there is data limitation for accurate estimations on the current projects.
Parametric is where a unit rate is devised to calculate project costs comprising of several units.
Bottom up estimation deals with estimating smaller cost components and then using the sum of these components to make larger estimates.
Option D is based on rough estimates on the time and effort required for a project.
None of the other options thus take into account past work other than the analogous estimation technique.
Hope that helps.
