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Hope this helps.</span>
Answer and Explanation:
For Home Improvement Store (Acme) following are the implicit modelling assumptions or other qualitative factors which are relevant but not covered by the model:
1)Average customer footfall is considered at all times.
2)Seasonal effects are not considered. For example, boost in sales during festival times.
3)Employee absenteeism is not considered. i.e. all employees are expected to be present always.
4)Location is not considered to affect the change in scheduling activity.
5)Wages are considered to be uniform throughout and not affect employee performance.
Answer:
C
Explanation:
This case is en example of Planned, unfunded retention because here the outcome is already known but nothing can be done about it. So this does not affect our managerial and financial decision making.
Unfunded retention is type of retention plan under which losses are paid out of cash flow or out of funds obtained by borrowing
Answer:
A. measures the costs of acquiring or using resources in an organization.
Explanation:
Cost accounting is the procedure by which and organisation records, examines, and summarises any cost on processes or service.
Items that are considered include variable cost, fixed cost, and other expenses related to business operation.
