Answer:
b. decrease in the demand for televisions today.
Explanation:
Since it is generally believed that, consumers buy more quantity of a particular commodity or product when the price of such commodity is lower and that they buy less, when the price is higher, which is a simple illustration of the law of demand.
Therefore, if people think that the price of televisions will decrease in the near future, that belief may cause a "decrease in the demand for televisions today."
Answer:
A : adjusted trial balance; after
Explanation:
As we know that the trial balance shows an equal balance in both the debit and credit side
The adjusted trial balance also does the same but it would be prepared when the adjusting entries are passed.
In both, the trial balance, the total of debit and the credit columns should always be equaled and matched
Hence, the correct option is a.
Answer:
DL, DM, and VOH.
Explanation:
Under the variable costing method, direct labor cost, direct material cost and variable manufacturing overhead cost are cost assigned to the product. administrative, fixed manufacturing overhead cost are not variable cost and hence cannot be assigned to a product under variable costing method. Variable costing methods considers only manufacturing costs that change in total with changes in production level.
Answer:
Option A Written report that quantitatively describes a firm's financial health
Explanation:
The reason is that the financial statements reflects the firm's finanacial health in terms of profits & losses, Assets and its worth, Cash flows and Equity at the year end. This gives an overview where the company is heading. Financial statements gives an overview how the company has managed its costs, increased profits, increased investments, cash generation from core operations, etc. It has wide number of use for decision making purposes for its stakeholders.