Loan financing problems and bad reputation to financial companies
Proration occurs because it is impossible to accurately estimate the future overhead costs and production activity; it is either the overhead is over applied or under applied. The variance will have to be adjusted for at the end of the financial year.
The manager, would turn to Zero-based budgeting method (ZBB). This would mean that everything would be justified, in a monthly rate. Everything would be analyzed, keeping in mind the expenses and needs of each function.
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No it is not’ people say it’s real but no don’t believe that
Answer:
A closed shop refers to business which employs union workers alone, whereas in case of a lockout, such a business does not permit employment of union workers.
Lockout serves as a mean to curb labor union demands. In lockouts, the owners of such businesses lock out or block the entry/employment of union workers.
In case of a closed shop, all the employees represent members of labor union. The two concepts represent exactly opposite scenarios.
