In a case whereby Julie's wages are an example of direct expenses for the production department.
<h3>What is a Direct Expense? </h3>
Direct expense serves as the expense which is in the same direction from changes in the volume of a cost object.
Hence, In a case whereby Julie's wages are an example of direct expenses for the production department.
CHECK THE COMPLETE QUESTION BELOW;
Julie works in the production department. Julie's wages are an example of ______ expenses for the production department.
Multiple choice question.
a. direct expenses
b. Indirect expenses
c.cost expenses
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An informal type of organizational structure is one best suited for achieving a cost-leadership strategy especially when the managers is promoting innovation.
<h3>What is a
cost leadership strategy?</h3>
This is a cost strategy that relies on a firm's ability in using a lower costs of production to offer quality products at low prices.
These type of strategy is best achieved with an informal type of organizational structure & culture.
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Answer:
Business transactions are denominated in foreign currencies.
Explanation:
Foreign exchange can be referred to as the exchange of one country's currency for another currency. The exchange of these currencies occurs in an exchange market known as forex market.
Foreign exchange risk is a financial risk in which changes in the exchange rate may result in the loss of investment value or huge financial breakdown.
The most effective approach to preventing foreign exchange risks is for organizations to make and receive all forms of payment in their own currency.
Answer: Custom.
Explanation:
The 3M company modified their product to resemble what is obtainable in the Custom of the Philippines people to enable increased sales. A custom of a people is the way of life or behavior of a people over a long period of time.
By taxation or selling government bonds.