Answer:
Yeah the granny's right in her own way.
Explanation:
Due to inflation, which means the rise in price of goods and services, the amount that one can buy for their money; known as, "buy for money", and "purchasing power" has reduced. This phenomenon shows that when the price goes up, the quantity that can be purchased for the same price goes down.
This is an interesting relationship between inflation and deflation like mentioned above . Less buy for money (per dollar) during inflation (of price) and vice versa during deflation.
Answer:
$22,500
Explanation:
Given that,
During the year, Cost of shipping inventory to the Ski Outfit = $92,500
By the end of the year, amount of merchandise sold to customers = $70,000
Mogul will repeat inventory at the year end:
= Cost of inventory sent to consignee - Cost of inventory sold by consignee
= $92,500 - $70,000
= $22,500
Therefore, the amount of inventory will Mogul report at year end is $22,500.
You may know college admission tests by name — the SAT, SAT Subject Tests and the ACT. These tests, also called college entrance exams, are designed to measure students' skills and help colleges evaluate how ready students are for college-level work.
Answer:
The correct answer is letter "B": Office politics.
Explanation:
Internal source risks are those threats that appear unexpectedly from within the organization as a result of the company's regular operations. These risks represent human and technological factors such as policy changes in regards to minimal production hours to obtain certain company's benefits or failure in one of the main manufacturing machines because of lack of maintenance.
Answer:
To Determine
Job order costing
Job order cost system provides a separate record of each particular quantity of product that passes through the factory. Each quantity that is manufactured in the business is known as job. Job order costing is used when the product produced are significantly different from each other.
To record: the journal entry to record all the summarized operations.
View image for journalized entry.