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mixas84 [53]
2 years ago
8

As a Cost and Management Consultant in the banking industry in Ghana, one of your highly esteemed clients, a top tier banking in

stitution in Ghana has required of you to advise them as to whether target costing can be applied to the banking industry in Ghana. They further require you to advise them on what products or services can target costing be applied.
Business
1 answer:
IceJOKER [234]2 years ago
3 0

Answer:

Explanation:

Target costing is a costing system used to determine the life cycle cost of a product or service while the quality and profit on such products are still maintained.

It relies on the external market condition as the desired profit margin is deducted from the market price to arrive at it.

It is relevant to every every organisation that utilizes cost in the process of producing or providing a service . This means that it can be utilized by banks , looking at the various modern services that banks produce , with the focus shifted to service delivery system.

It can also be applied to the IT industry and the manufacturing industry , every organisation that uses cost with the aim of reducing cost while the quality of products and services are still maintained,

Example of services include provision of savings account , production of IT components , manufacturing of cars etc.

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The total demand for money is the sum of the transactions demand plus the ____________ demand for money.
Mkey [24]

Answer:

precautionary and speculative

Explanation:

Aggregating the transactional, precautionary and speculative demand for money, we get the total demand for money. This is sometimes known as the liquidity  preference curve, and is inversely related to the rate of interest.

Total demand for money=Transactions demand+precautionary and speculative demand for the money

Therefore, the answer to the question is precautionary and speculative

5 0
3 years ago
Auditors are required to communicate with the audit committee for all but which of the following: Group of answer choices Critic
Margaret [11]

Auditors would comunicate with the audit committee for critical accounting practices including the significant accounting policies and practices for evaluating certain evidences related to the transaction.

   

Some of the other communications made to audit committee should be an overall audit strategy with time of the audit and significant risks involved for assessing risks and procedures regarding the transaction.

Auditors are required to solve the financial accounting problems and are not accountable for unusual insignificant transactions and procedures and policies.

To learn more about auditors and committee here,

brainly.com/question/14652228

#SPJ1

5 0
1 year ago
Ronald suffers from dementia that impacts his brain function, but he also has healthy periods of time when his mind is fully fun
vova2212 [387]

Answer:

2. False

Explanation:

Capacity to a contract refers to whether the person to a contract is legally competent to enter into such a contract.

For instance, lunatics, drunkards, minors, criminals and person of unsound mind are deemed incapable of entering into a contract.

A person diagnosed with dementia, which impairs his decision making would normally be regarded as incapable to signing a contract.

But, capacity is ascertained as per the situation i.e at the time the contract is signed or entered into.

In the given case, Ronald entered a contract while he was sane and in healthy state of mind. His judgement at the time of entering such a contract wasn't impaired by dementia.

Thus, the contract will be legally enforceable as per the law.

6 0
2 years ago
Integrated carriers (truck-air) like UPS and Federal Express are able to capture a larger market share because they:
Alik [6]

Options :

A. utilize their own aircraft.

B. have extensive ground networks.

C. have accurate, real-time tracking systems

D. all of the above

Answer:

D

8 0
3 years ago
Read 2 more answers
Beliefs about what is ethical serve as a moral compass to guide behaviors of individuals
zmey [24]
True. ..................
6 0
2 years ago
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