Answer:
A. A panel that consists of households that provide purchasing information at specified intervals over an extended period
Explanation:
Longitudinal design in research is a method that involves repeated examination of the same variables over a short or long term to see if there is any changes that occur.
A fixed sample is measured repeatedly to gain information.
A panel that consists of households that provide purchasing information at specified intervals over an extended period, is an example of longitudinal design.
The fixed sample is the panel of households, and they repeatedly provide purchasing information.
So the same sample is measured continuously over a period of time
The inventory cost flow assumption does inventory on the balance sheet best approximate its current cost is first-in, first-out.
Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of revenue generation and, consequently, a source of profits for the company's shareholders. There are three different categories of inventory: finished commodities, work-in-progress, and raw materials. On the balance sheet of a company, it is listed as a current asset.
Both the products that are on hand for sale and the raw materials required to make those products are considered inventory.
On the balance sheet of an organization, it is categorized as a current asset.
The three different categories of inventory are raw materials, finished commodities, and work-in-progress.
The first-in, first-out method, the last-in, first-out method, and the weighted average method are the three methods used to value inventory.
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Answer:
The correct answer is KISS Rule.
Explanation:
The KISS principle states that most systems work better if they remain simple than if they become complex; Therefore, simplicity should be maintained as a key design objective, and any unnecessary complexity should be avoided.
This principle is registered for the first time in the United States Navy in 1960, and is mainly attributed to Kelly Johnson, chief engineer at Lockheed Skunk Works.
According to FOLDOC, the online dictionary of the Imperial College Department of Computing, possibly has its origin in marketing and sales presentations, to be used later in the development of systems, especially to avoid that the successive developments in the designs are complicated.
When the fed sells bonds to financial institutions, new money moves directly "out of the loanable funds market".
The Federal Reserve System,sometimes alluded to as the Federal Reserve or essentially "the Fed," is the national or central bank of the United States. It was made by the Congress to give the country a more secure, more adaptable, and more steady fiscal and budgetary framework. The Federal Reserve was made on December 23, 1913, when President Woodrow Wilson marked the Federal Reserve Act into law. Today, the Federal Reserve's obligations fall into four general zones.
Answer:
Total direct material variance= $1,000 favorable
Explanation:
Giving the following information:
Company had a favorable direct materials price variance of $3,000 and an unfavorable direct materials usage variance of $2,000.
<u>To calculate the total direct material variance, we need to use the following formula:</u>
<u></u>
Total direct material variance= price variance +/- quantity variance
Total direct material variance= 3,000 - 2,000
Total direct material variance= $1,000 favorable
