Answer:
a.
The yen is expected to get stronger in three-month time.
It is because it is taking up to ¥102.21 to exchange for $1 at spot, while in three-month time, it is expected that it will only take ¥101.18 to exchange for $1.
b.
Applying relative purchasing power parity, we have:
USD is expected to depreciate 3% against Japan Yen, calculated as: 102.21 / 101.18 - 1 = 3%.
Thus, inflation rates of the United States is estimated to be 3% higher than inflation rates of the Japan.
Explanation:
It is a true statement that the appearance of a résumé can change drastically after it has been scanned.
<h3>How does the appearance of a
résumé changed?</h3>
The real appearance of the resume hardcopy can changed because they lighting and texture will be altered because of the lighting using by the scanning machine.
Therefore, It is a true statement that the appearance of a résumé can change drastically after it has been scanned.
Read more about résumé
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Answer:
Explanation:
The main objective of cost accounting are ascertainment of cost, fixation of selling price, proper recording and presentation of cost data to management for measuring efficiency and for cost control and cost reduction, ascertaining the profit of each activity, assisting management in decision making process.
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Answer:
The following applies:
1. expenses when incurred to generate revenue.
2. expenses even when cash has not yet been paid
3. revenue even when cash has not been collected
4. revenue when earned
Explanation:
Accrual basis is an accounting concept that recognizes revenue when earned when if the collection of cash will be done later.
It also recognizes expenses when incurred even though the cash has not been spent.
Accrual basis matches a transaction with when it happened.
It is different from cash basis which recognizes revenues only when the cash is received and expenses only when the cash has been spent.
Answer: Having lower opportunity costs.
Explanation: Opportunity cost can be defined as the cost of next best alternative foregone. In this case, James is saving his money by taking work of a professional from a new recruit also he gets the opportunity to procure high quality materials which he was earlier not able to. Thus, he is saving a major portion of income because of a less costly alternative available.
