Answer:
True
Explanation:
Dependent variables are variables which are altered by the changes to the independent factors or variables.
The following are instances of dependent and independent variables:
Dependent Variable (DV): Profit, Product Quality, Staff Attrition during a recession.
Profit (DV) depends on sales, expenses, the economy, the proficiency of the sales staff, the quality of the product.
The Quality of the Product (DV) depends on the production process, product design, quality of raw materials etc
So, many of the factors highlighted above, which affect the dependent variables are called Independent variable.
Profit, for instance, can be forecasted or changed IF changes are made to sales.
It is possible to measure the quality of a product or service. It can also be altered by increasing or decreasing the quality of raw material input.
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Answer:
D. Consistency among a firm’s activities.
Explanation:
Conceptualisation is the process by which an enterpreneur writes out concepts that will later make up the basis of the business model.
These concepts ensures uniformity in the activities of the business.
For example he can decide to break down business activities into 3 departments.
Answer:
This action will result in her safe-guiding her investment portfolio in equities. For example, in a constant dollar plan, an investor keeps a constant dollar amount of the portfolio in equity securities.<em> If the equities' market value rises, the excess is transferred to fixed-income securities.</em>
Explanation:
Answer:
The correct answer is option A.
Explanation:
Consumer surplus can be defined as the difference between maximum price a consumer is willing to pay and the market price.
A binding floor refers to the price floor that is set below the equilibrium market price.
A price floor below the equilibrium market price will increase the difference between the maximum price the consumer is willing to pay and the price it has top actually pay.
Thus, it increases the consumer surplus.
Answer:
D. Can be reported as part of a single statement of comprehensive income.
Explanation:
Other comprehensive income contains those items that are not recognised in profit or loss, it means that they are recorded in reserves which is an item of statement of owners' equity. IAS-1, which deals with preparation and presentation of financial statements, requires companies to prepare either:
- A statement of profit or loss and other comprehensive income that shows the total comprehensive income for a period.
OR
- Prepare two separate statements; Statement of profit or loss and statement of other comprehensive income.