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max2010maxim [7]
3 years ago
15

When goods are produced at the lowest possible cost, an economy is said to have achieved:?

Business
1 answer:
kondor19780726 [428]3 years ago
4 0
When goods are produced at the lowest possible cost an economy is said to have achieved?
Answer: production efficiency
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Answer:

True

Explanation:

Work in process refers to those goods which require further processing. When a department transfers work in process(WIP) to another department, the recipient department's stock of WIP is debited i.e debit the receiver principle.

Similarly work in process that is being transferred out of a department would be recorded like Purchase return i.e credit what goes out.

A debit in WIP account increases it's balance whereas a credit in WIP account reduces it's balance.

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As you get closer to needing the money from an investment, what happens to your risk tolerance
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2 years ago
Negotiated transfer prices ______. are consistent with decentralization use the expertise of managers in weighing the costs and
ruslelena [56]

Answer:

1. are consistent with decentralization.

2. use the expertise of managers in weighing the costs and benefits of the transfer.

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A negotiated transfer prices can be defined as the final price reached between the buyer (consumer) of finished goods and services and the trader (seller) of such goods and services.

Negotiated transfer prices has the following advantages;

1. Negotiated transfer prices are consistent with decentralization.

2. Use the expertise of managers in weighing the costs and benefits of the transfer.

3. They preserve the autonomy of the divisions.

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3 years ago
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