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Ivanshal [37]
3 years ago
12

Period costs are a.classified as direct labor, direct material, or factory overhead b.not involved in the production process c.f

ound on the job order cost sheets d.found on the balance sheet
Business
1 answer:
goldfiish [28.3K]3 years ago
3 0

Answer:

Not involved In the production process

Eg. Selling expenses or advertising expenses

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Which of the following statements provides a summary of cash receipts and cash payments for a specific period of time, such as a
anygoal [31]

Answer:

Statement of cash flows

Explanation:

The cash flow statements refers to the statement in which the cash inflow and cash outflow is taken place.

The cash flow statement includes three kinds of activities which are listed below:

1. Operating activities: This covers all transactions that after net income impact the working capital. It would subtract the rise in current assets and a reduction in current liabilities, while adding the decline in current assets and a rise in current liabilities.

It would adjust those changes in working capital. In fact, the depreciation cost is applied to the net income, and the loss on asset sales is added while the benefit on asset sales is deducted

2. Investing activities: it records activities that include buying and selling long-term assets. The acquisition is a cash outflow whereas the selling is a cash inflow

3. Financing activities: It reports activities that have an influence on long-term liability and equity balance of shareholders. Share issue is a cash inflow whereas redemption and dividend are cash outflows.

8 0
3 years ago
a. Suppose a government moves to reduce a budget deficit. Using the long-run model of the economy developed in Chapter 3, graphi
blagie [28]

Answer:

real interest rate decreases, national saving increases, investment increases, consumtion is unchhanged, output is unchanged (fixed because it is determined by the factors of production).

Explanation:

5 0
3 years ago
Read 2 more answers
If the price of good A​ falls, then when the consumer makes his new​ utility-maximizing choice​ _______. A. the quantity of the
skad [1K]

Answer: Option (B) is correct.

Explanation:

Correct option: The marginal utility from consuming good A will be lower than before.

This due to the law of diminishing marginal utility. When the price of good A falls as result consumer will buy more quantity of good A. But according to the  law of diminishing marginal utility, as the consumers consumes more and more quantity of good, the utility derived from an additional unit goes on diminishing.

Therefore, the marginal utility from consuming good A will be lower than before.

4 0
4 years ago
In a business context, legal counsel is not only a primary and important source of information and advice but is also solely res
Yakvenalex [24]

<u>In a business context, legal counsel is not only a primary and important source of information and advice but is also solely responsible for making decisions about how to resolve a disput</u>e-This statement is false

Explanation:

<u>Alternative dispute resolution options is one of the most popular way to settle legal matters without wasting Time and money in a court cases</u>

There are three main types of formal alternative dispute resolution techniques that are used in the United States. They are

<u>Mediation </u>

In mediation alternative  an independent mediator works with both the parties to come to a resolution.

<u>Arbitration </u>

Arbitration refers to the term  voluntary, many people agree to participate in arbitration before a dispute ACTUALLY arises.  

In an arbitration, both the parties agree to have their case heard by an impartial person who is refereed to as an arbitrator, who issues a final and binding decision.

An arbitration case is heard much faster and is less expensive than a court case

<u></u>

<u>Collaborative Law </u>

This is typically used in the resolution of  family law setting as an alternative to litigating a divorce. It is different than mediation or arbitration in the sense that  there is no  neutral third party.  

6 0
3 years ago
A tradable permit system: Group of answer choices
Alex787 [66]

Answer:

C.

Explanation:

Achieves a given amount of pollution reduction at the least cost  because firms with lowest marginal abatement costs do most of the reduction.

6 0
3 years ago
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