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Anna35 [415]
3 years ago
9

Valley Forge and Metal purchased a truck five years ago for local deliveries. Which one of the following costs related to this t

ruck is the best example of a sunk cost? Assume the truck has a usable life of five years. a. New tires that will be purchased this winter.b. Costs of repairs needed so the truck can pass inspection next month.c. Money spent last month repairing a damaged front fender.d. Engine tune-up that is scheduled for this afternoon.e. Cost for a truck driver for the remainder of the truck's useful life.
Business
1 answer:
Gnesinka [82]3 years ago
4 0

Answer: Option (c) is correct.

Explanation:

Correct option(c): Money spent last month repairing a damaged front fender.

This is the best example of sunk cost.

Sunk costs refers to the cost that is incurred in the past and this cost cannot be recovered. This demonstrate that sunk costs should not be included in the decision making of any future projects, and this is due to the cost that cannot vary whether the project has been undertaken or not.

All the other options in the question representing the future costs.

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In the systems planning phase, a key part of the preliminary investigation is a feasibility study that reviews anticipated costs
omeli [17]

Answer:

a) True

Explanation:

The Planning Phase is the fundamental two-step process of understanding why an information system should be developed and creating a plan for how the project team will develop it. ... They decide whether it is advisable to proceed with the system development project.

8 0
3 years ago
The term used to describe the degree to which tasks in an organization are subdivided into separate jobs is called ________.
lyudmila [28]

Answer:

work specialization

Explanation:

The term being described is known as work specialization. This term, also known as division of labor, is mainly used by companies in order to divide a large job position into smaller, single tasks that can be completed by one individual. The individual that is given such a task is trained thoroughly in order for them to become a specialist in that task and output more precise workloads.

6 0
3 years ago
Uppose a price floor on sparkling wine is proposed by the Health Minister of the country ofVinyardia. What will be the likely ef
Gekata [30.6K]

Answer:

C) Quantity demanded will decrease, quantity supplied will increase, and a surplus will result

Explanation:

Price floor is the least amount a good or service can be sold. A price floor is usually set above equilibrium price.

When a price floor is enacted, it usually discourages demand because prices are usually set higher and encourages supply.

As a result, quantity demanded will decrease, quantity supplied will increase, and a surplus will result.

I hope my answer helps you.

6 0
3 years ago
On January​ 1, 2018, Jordan Company acquired a machine for​ $1,090,000. The estimated useful life of the asset is five years. Re
anyanavicka [17]

Answer:

$206000.

Explanation:

Given: Asset purchase value = \$ 1090000

          Residual value after five years= \$ 60000

          Estimated useful life of asset= five years.

Now, we will calculate depreciation per year using straight line method.

Depreciation= \frac{(purchased\ value\ of\ asset - residual\ value)}{estimated\ useful\ life\ of\ asset}

⇒ Depreciation = \frac{(1090000 - 60000)}{5} = \frac{1030000}{5}

∴ Depreciation expense per year = \$ 20600

3 0
3 years ago
You and your best friend watch the same television commercial together. You think that the spokesperson in the ad is quite humor
Pani-rosa [81]

Answer:

b. the creation of different meanings based on social and cultural context.

Explanation:

According to my research, I can say that based on the information provided within the question this provides an example of the subjectivity of the interpretation process. This basically means that the creation of someones judgement is based on personal opinions from social and cultural context. Therefore it can be said that the answer to this question would be b. the creation of different meanings based on social and cultural context.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
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