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Lostsunrise [7]
3 years ago
15

You think hard about how to allocate the next hour between watching football and going for a walk. You decide to spend the first

40 minutes watching football and the remaining 20 minutes going for a walk. Your decision is an example of​ _______.
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
6 0

Answer:

Making a choice at the margins

Explanation:

Making a choice at the margins is when you decide to do more or less of an activity instead of doing it or not and in order to make the decision you analyze the benefit and the cost of spending more time doing that specific activity. According to this, the answer is that your decision is an example of making a choice at the margins  because you decide how to spend an hour between watching football and going for a walk.

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Identify which control activity is violated in each of the following situations, and explain how the situation creates an opport
lesantik [10]

Answer:

1. Once a month, the sales department sends sales invoices to the accounting department to be recorded.

⇒ documentation procedures

Unless all of the company's sales take place only once a month, sales should be recorded as soon as possible. Accounting records must be as precise and accurate as possible, and they must be processed on time. Stacking invoices makes no sense, since sales might be on cash or the collection period might be very short. Who holds the money until the sales records are made?

2. Leah Hutcherson orders merchandise for Rice Lake Company; she also receives merchandise and authorizes payment for merchandise.

⇒ segregation of duties

One single person cannot be responsible for the whole process, since this creates a huge opportunity for fraud. Imagine if the person in charge of the inventory is also in charge of making new purchases, paying for them and reporting ending inventory. No company would be able survive one year, while the person in charge would get rich.

3. Several clerks at Great Foods use the same cash register drawer

⇒ establishment of responsibility

If everyone is allowed to collect money, no one can be responsible for any loss.

8 0
3 years ago
Wildhorse Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total
tangare [24]

Answer:

Variable cost per unit= $1.4 per unit

Explanation:

Giving the following information:

Miles Driven Total Cost Miles Driven Total Cost

January: 8,000 $14,120

March: 8,550 $14,979

February: 7,490 $13,495

April: 8,195 $14,490

To calculate the variable cost under the high-low method, we need to use the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (14,979 - 13,495) / (8,550 - 7,490)

Variable cost per unit= $1.4 per unit

7 0
3 years ago
Andy, a junior in high school, is considering his options for employment following graduation. His uncle, a master electrician,
mojhsa [17]

Answer:

Andy should look and identify his field of interest before choosing a specific career path. If she has none of preferences for his career choice then se can look for other factors to select specific career path.

Explanation:

Andy's grandfather has spend his life in building trades and he is a successful person. He thinks Andy should choose same career path as he did and he can be successful too but this is not the case. The thing can be different in this era, the preferences and nature of Andy might be different from his grand father. There are many others factors which also need to be considered as the job security, learning potential in the field, progress in career, wages and pay rise, working environment and others.

3 0
3 years ago
Paint packaged in aerosol cans is dangerous because it has a risk of ___________.
12345 [234]
Exploding i’m pretty sure lol
3 0
3 years ago
When offering financial products to clients you may
Viktor [21]

Answer:  Decide if you really want to offer financial services to your clients I think so

Explanation:

8 0
3 years ago
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