Answer:
Management Level
Explanation:
A cost allocation method is not an activity based costing typically.
Interviews with management that have adequate knowledge and the cost classification are usually done at management level
Definition of discretionary expenses : The cost that does not essential for your daily life operation or business
Example of discretionary expenses :
- I may buy paint to give color for my toenails
- A business hire some entertainers for its employees to gain their goodwill
Answer:
Correct option is (c)
Explanation:
Mean is the average of values in a data set. Range is the difference between highest and lowest values in the data set and median is the mid point (value) that separates lower and higher values in a data set.
If a data point is added, in this case 28th employee is added, definitely mean will change. If data point higher than existing mean is added, then mean will increase. Median and range may or may not change depending on the value added or removed.
In this case, mean is likely to increase since 28th employee's salary is more than existing mean.
Answer: people tend to take more risks if they do not have to bear the costs of their behavior
Explanation:
Moral hazard is a form of reckless behavior by an individual who doesn't directly bear the cost of the reckless behavior.
Moral hazard takes several forms like the examples of : polluting waters with chemicals, throwing refuse into drainage, mismanagement of public amenities.
Answer:
Green circle rates
Explanation:
Green circle rates refers to a form of pay rate that is below the average pay rate that the company usually give to other employees.
Typically, Green Circle rates is given to young /inexperienced workers who still haven't earned enough trust for the companies and still under a trial period. Companies tend to consider such workers as non-essential at first. If the employees have proven themselves enough, the company will set up a proper contract with normal amount of payment.
