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lubasha [3.4K]
3 years ago
5

What is the benefit of the responsibility accounting system?

Business
1 answer:
Katena32 [7]3 years ago
3 0
Responsibility accounting is a system of which the persons in the supervisory capacity such as the President, Departmental head, foremen ect. are given a routine report showing the performance of the company, department, or section as the case may be.

The report will show the data relating to the operational results of the area and the items of which he is responsible for controlling.


Hope it helps!
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3. high quality is not necessarily related to price. discuss this, drawing from your own knowledge and experience, and provide e
pashok25 [27]

High quality is not necessarily related to price. discuss this, drawing from your own knowledge and experience, and provide examples where this may and may not be true. high quality is not necessarily related to price. <u>quality assurance.</u>

The Quality to Price Ratio (or QPR as it is commonly known) is a commonly used concept in the wine industry. Essentially, it's just a measure of perceived value, the enjoyment you're weighing against the price you're paying.

If the price is low, a small change in price equates to a large change in quality. At higher prices, small price changes correspond to small quality changes. However, in all cases, the higher the price, the higher the quality level.

The price-quality matrix designed by Philip Kotler focuses on the cross-section between his two metrics that give the model its name. By positioning a product or service relative to its competitors, retailers can position themselves in the market based on the price and quality of each item.

Learn more about quality prices here:

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7 0
1 year ago
Which best describes the reason situational leadership is so practical for managers to use?
steposvetlana [31]
Situational Leadership as a theory was developed by Dr. Paul Hersey in the late 1960s which aims to give further understanding between the leaders and its members. The fore cores of the theory are to ‘Diagnose’ (knowing the situation), ‘Adapt’ (Change the behaviors of the members in the level of the situation), ‘Communicate’ (letting the members understand the situation) and ‘Advance’ (further the developments). This is of course very helpful as its gives the leaders (managers) the opportunity to adjust themselves according to the situation. <span> </span>
5 0
3 years ago
Recommendations by a registered representative to a customer about options strategies may still be suitable if the: A customer h
scoundrel [369]

Answer:

The correct answers are letters "A", "B", and "C".

Explanation:

Options brokers cannot provide any strategies to investors unless the <em>Options Disclosure Document </em>(ODD) was not sent to the investor, the <em>Registered Options Principal</em> has not approved the opening of the account of the investor or if the investor intends to apply a strategy that the broker is not sure if the investor can accept the <em>risk inherent</em>.

The Options Agreement must be signed by the investor and returned to the broker within 15 days but suggestions can be provided before or after the submission of the signed document.

6 0
3 years ago
18) A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise.
pav-90 [236]

Answer:

the amount of cash paid is $1,568

Explanation:

The computation of the amount of cash paid is shown below:

= (purchased value - returned goods) × (1 -  discount rate)

= ($1,800 - $200) × (1 - 0.02)

= $1,600 × 0.98

= $1,568

hence, the amount of cash paid is $1,568

We simply applied the above formula so that the correct value could come

And, the same is to be considered

7 0
4 years ago
Rachel is working on a project that technically allows three activities to be done at the same time. if they were to be implemen
tester [92]
This is an example of a people constraint. A constraint is something that holds you back from completing something. In this scenario, there aren't enough people available to complete all of the projects Rachel is wanting to have completed so there is a people restraint with regards to completing activities. 
6 0
3 years ago
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