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4 years ago

Which of the following most accurately explains why commodity money has

Business

1 answer:

butalik [34]4 years ago

5 0

Answer:

The correct answer is (D)

Explanation:

The most and critical use of money is that it can be used as a medium of exchange. Likewise, the main reason why money is considered as an essential factor is that it can be traded for any good or service. So, commodity money is a good that can be used as a medium of exchange or for some other purpose.

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During the year, Octagon produced 8,000 units, used 24,000 direct labor hours, and incurred variable overhead of $120,000. Budge

Naily [24]

Answer:

Variable manufacturing overhead rate variance= $48,000 unfavorable

Explanation:

Giving the following information:

Actual direct labor= 24,000 direct labor hours

Actual variable overhead of $120,000.

The standard variable overhead rate is $3.00 per direct labor hour.

To calculate the variable overhead spending variance, we need to use the following formula:

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 120,000/24,000= $5

Variable manufacturing overhead rate variance= (3 - 5)*24,000

Variable manufacturing overhead rate variance= $48,000 unfavorable

6 0

4 years ago

Refined Grains, Inc., agrees to sell to Sunny Cereal Company a certain quantity of refined oatseach week but no mention is made

aleksandr82 [10.1K]

Answer:

OPTION(C) is correct

Explanation:

According to UCC, the product should be delivered to refined's place of business.

Because as we know that UCC makes written contract by the will of both the sides who are making deal to prevent fraud. But, as we know that during the deal the place of delivery is not been fixed to prevent fraud, the delivery of the product should take place at refined's place of business.

7 0

3 years ago

In 2002, the U.S. Fish and Wildlife Service proposed banning imports of beluga caviar to protect the beluga sturgeon in the Cas

marin [14]

Answer:

Assuming the policy is effective the US exits of the beluga caviar market will make the prices and quantities decrease by a huge margin.

Also, we should consider that people will try to fullfil the demand of the beluga caviar thus, other types prices and quantities will increase. Also, there is the posibilities for a black market of beluga caviar or arbitrage is created (importing frozzen dished made with the beluga caviar) to walk-by the government regulation which will put the price way above the current price as it is illegal.

Explanation:

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3 years ago

Sociotechnical systems theory, quantitative management, organizational behavior, and systems theory are all examples of ______ a

victus00 [196]

Sociotechnical systems theory, quantitative management, organizational behavior, and systems theory are all examples of scientific management approaches to management.

<h3>What is scientific management?</h3>

Scientific management is a theory that analyzes how workflows this is to improve the efficiency of the economy.

It includes logic, rationality, sociotechnical systems theory, quantitative management, and organizational behavior.

Therefore, sociotechnical systems theory, quantitative management, organizational behavior, and systems theory are all examples of scientific management approaches to management.

For more details on scientific management kindly check brainly.com/question/13191706

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3 years ago

Donna, vice president of finance, and bob, vice president of human resources, are ____ managers.

LuckyWell [14K]

They are considered to be functional managers—a functional manager is those people with authority that are given to them in a way of controlling a certain department, business or organization, in other words, they have to manage an organizational unit.

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3 years ago