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Novosadov [1.4K]
2 years ago
15

What area of expense is best to target when looking for possible ways to cut back on spending

Business
1 answer:
jarptica [38.1K]2 years ago
3 0

Answer:

If we are talking about corporate spending, then it's best to cut overhead costs, because direct labor or direct materials are harder to cut since a cut in these areas would cause a reduction in output production.

If we are talking about personal spending, then, it's best to cut sumptuary expenses like eating out, or taking expensive vacations. Utilities, rent, and debt are harder to cut.

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What happens if the amount of Bad Debt Expense is overstated at year end? A : Net income will be overstated. B : Allowance for D
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Answer:

D. Net Accounts Receivable will be understated

Explanation:

5 0
3 years ago
Are there any true communist economies today? Which economies call themselves communist, and what are they actually, if not comm
Stels [109]

Hey!! Glad I can help!!!

Answer:

Today, the existing communist states in the world are in China, Cuba, Laos and Vietnam. These communist states often do not claim to have achieved socialism or communism in their countries, but to be building and working toward the establishment of socialism in their countries.

If satisfied leave a review and feel free too give me brainiest :D

5 0
3 years ago
Microsoft Windows at one time would have been considered this type of monopoly?
TEA [102]
Microsoft<span> was </span>considered a monopoly in the late 90's because <span>there was effectively no other option than to use Windows, so Windows </span><span>had </span>monopoly market power, especially in the <span>"Business Operating System" market.</span>
<span>Microsoft could set prices for users, and dictate user's behavior.
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6 0
3 years ago
You are planning to make monthly deposits of $70 into a retirement account that pays 12 percent interest compounded monthly. If
Brums [2.3K]

Answer:

FV= $115,928.81

Explanation:

Giving the following information:

Monthly deposit= $70

Interest rate= 0.12/12= 0.01

n= 24*12= 288

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {70*[(1.01^288) - 1]} / 0.01

FV= $115,928.81

6 0
3 years ago
Deming, the proponent of total quality management, argued that management has the responsibility to train employees in new skill
AveGali [126]

Answer:

Its TRUE  

Explanation:

Management should train employees in new skill, where Deming argued that management has the responsibility to train employees in new skills to keep pace with changes in the workplace. In addition, he believed that achieving better quality requires the commitment of everyone in the company.

3 0
3 years ago
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