Answer:
The answer is: Not reliable because consumers know less than suppliers about used car quality.
Explanation:
Predictions using the supply and demand (S&D) model are reliable when:
- companies sell identical products,
- everyone involved (suppliers and consumers) has full knowledge
- about the price and quality of the products or services being offered,
- both the suppliers and consumers are price takers (have no control to dictate prices), and
- the costs of trading are low
If one or more of these conditions are not met, then the S&D model wouldn´t work properly. In this specific case, the suppliers had much information about the quality of the used cars than their customers.
An audit program which is done on a random basis is: c) discriminant function system program.
<h3>What is an
audit program?</h3>
An audit program is also referred to as audit plan and it can be defined as a series of directions that an auditor and his or her team members must follow, in order to achieve the proper execution of an auditing process.
<h3>The types of
audit program.</h3>
In Business management, there are different types of audit program and these include the following:
- National research program.
- Discriminant function system program.
In conclusion, discriminant function system program simply refers to a types of audit program which is done on a random basis.
Read more on auditing program here: brainly.com/question/23822199
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Answer:
40,600 units sound be included in its end of year interest
Explanation:
In this question, we are asked to calculate the number of units that should be included in its end of year inventory
Particulars units
In stock 36,000
Less;
Damaged 4,600
31,400
Add
stock in transit. 3,600
Stock available with
with consignee. 5,600
Closing inventory. 40,600
Answer: Historical comparison
Explanation:
Historical comparisons in organizations is when two or more events or cases are compared in order to discover a trend and evaluate the performance of an organization.
Apple Inc. had revenues of 234 billion USD coupled with a net income of $53 billion in 2015 and the figures represent an annual growth in revenue and the net income for 2014 indicated that an historical comparison has been done.
I would think it might be, "absorption costing."
