Answer:
The answer is d. Strategy becomes an increasingly important as a source of direction
Explanation:
When a person receives an increase in wealth, Consumption increases and saving decreases
Both present and future consumption rises as a consumer's current income does as well. Savings increase because current spending increases but does so at a slower rate than current income growth. Again, both present and future consumption rises when the customer receives an increase in predicted future income.
Savings declines because current consumption rises while current income does not. Current and future consumption both grow when the consumer's wealth increases. Again, because current income has not increased, saving has decreased. These individual actions to adjust one's consumption and saving habits have a cumulative effect on the aggregate amount of desired consumption and saving.
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Answer:
Decision tree
Explanation:
The decision tree provides the alternatives and allocated the value and weight for each and every alternative in order to become easier to take the decision that depend on the amount and weight allocated to each alternative
It helps in decision making
So as per the given situation the decision tree is the answer
Hence, the second option is correct
The variance is the difference between the total actual cost incurred and the total standard cost.
<h3>What is variance in accounting?</h3>
In the field of accounting, the variance is simply referred to as the difference that exists between the forecasted amount and the actual amount.
Therefore from the definition that we have above the answer to this question is variance.
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