A feature of monopoly that leads to unfavorable consequences is that it:

In the short run, with predetermined prices, when output is greater than planned aggregate expenditures:

katen-ka-za [31]

Answer:

The decrease in production, is the right answer.

Explanation:

The decrease in production because if the output is more than planned aggregate expenditure then the equilibrium point will be at a lower point. Thus, in order to reach the equilibrium level, the production has to decrease. Moreover, if the output is lower than the planned aggregate expenditure then the production should be increased to reach the equilibrium point.

5 0

3 years ago

Distinguish between positive and negative confirmations. Under what circumstances would positive confirmations be more appropria

Serhud [2]

Negative confirmation is more frequently employed when the records of the person or business are usually thought to be quite accurate.

<h3>What is the difference between negative and positive confirmations?</h3>

Only when the customer disagrees with the amount owed to the client is a negative confirmation requested. When an account has substantial individual balances or when errors are anticipated due to a high control risk, positive confirmations are typically used.

Negative confirmation is more frequently employed when the records of the person or business are usually thought to be quite accurate. The corporation that receives a negative confirmation is typically thought to have strict internal policies and business procedures. As a result, since auditors typically only need to send out one letter, negative confirmation is far less expensive and time-consuming for them.

Positive confirmation requests, on the other hand, are more complicated since financial documents must be provided, even if the information in the original letter was accurate. Additionally, if there are doubts about the accuracy of the company's books, positive confirmation requests are more likely to be used.

However, because it is more precise and makes sure that everyone is on the same page—or has the same financial information—a positive confirmation letter is more typical in complex transactions. For instance, auditors in lending employ affirmative confirmations from banks and businesses to determine the precise amount of a loan.

Because it is a specific request that the recipient has responded to, a positive confirmation typically represents the financial information better than a negative confirmation. A positive confirmation is tangible proof that the information was confirmed in the event of a disagreement.

To learn more about negative and positive confirmations refer to:

brainly.com/question/15908185

#SPJ4

7 0

2 years ago

A company's bank statement balance is $ 3,400 and shows a service charge of $ 12, interest earned of $ 7, and an NSF check fo

BigorU [14]

Answer:

a. $3,725

b. $3,945

Explanation:

a. The computation of the adjusted cash balance is shown below:

= Bank statement balance + Deposits in transit - outstanding checks

= $3,400 + $1,000 - $675

= $3,725

b. The computation of the book balance of cash before the reconciliation is shown below:

= Adjusted cash balance + service charge + NSF checks - interest earned - recording error

= $3,725 + $12 + $240 - $7 - $25

= $3,945

7 0

3 years ago

The Valenti Company uses flexible budgeting for cost control. Valenti produced 10,800 units of product during October, incurring

Alex Ar [27]

Answer:

$500 favorable

Explanation:

Given;

Number of units produced = 10,800 units

Actual indirect material costs = $13,000

Reflected indirect material costs for 144,000 units = $180,000

Now,

Per unit reflected indirect material costs = $180,000 ÷ 144,000

= $1.25 per unit

Therefore,

Budgeted indirect material cost for actual units produced

= $1.25 × 10,800

= $13,500

since,

the budgeted cost for indirect material cost for actual units produced is more than the actual indirect material cost, therefore

the indirect material costs in October is favorable

amount = Budgeted cost - Actual cost

= $13,500 - $13,000 = $500 favorable

5 0

3 years ago

Swazzi has released a new line of sweater vests, but they are selling poorly. Store managers say they need same-day information

BARSIC [14]

Answer:

Since Store managers say they need same-day information on the company's advertising plans, store managers can email me directly for this information.

Explanation:

The situation at Swazzi is precarious since they are not selling the new line of sweater vests well enough to match their sales forecast.

Store managers who are interacting with the consumers at their different outlets will definitely try to find a way to drive sales, hence their request for same day advertising plans from the company.

Mitigating this short fall calls for escalating and responding to requests from the company and the store managers hence the need for a very fast and cost effective communication medium.

For swift communication between the company and store managers, it is okay for store managers to email their request directly and vice versa.

6 0

3 years ago