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Ipatiy [6.2K]
3 years ago
8

What you give up to obtain an item is called your

Business
1 answer:
lara [203]3 years ago
7 0
A) Opportunity cost

because an opportunity cost is for example you have to pick from a xbox one or a ps4. You saw that the ps4 was more scarce for you but you had to give up the xbox one to obtain the ps4. Nothing is free in life!!! You sacrificed the xbox one for the ps4
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Which of the following is a transaction for Tyler Corporation?
Ilya [14]

Answer:

Tyler pays its employees $400 for work done.

Explanation:

An accounting transaction is <u>a financial event that has occurred already</u> and can be recorded in an organization's financial statement.

In this case,<em> the statement "Tyler pays its employees $400 for work done" is an example of a financial transaction because it has already occurred.</em>

7 0
3 years ago
Read 2 more answers
Management should select the depreciation method that
GuDViN [60]

Answer:

Option B              

Explanation:

Depreciation refers to an  accounting tradition that enables a firm to compose off the worth of an asset throughout an amount of time, generally the beneficial life of the investment.

Assets like equipment and appliances are costly. Instead of recognizing the asset's full cost in the first year one, depreciating the asset helps businesses to distribute the burden and generate income from it.

Thus, depreciation relates to decrease in value of an asset so that expenses can be recorded efficiently and revenue could be computed as per the periods. Therefore, the method of depreciation should be chosen as per its revenue contribution to the entity using it.

7 0
3 years ago
Research that provides detailed verbal or visual information about consumers feelings is _______ data.
natta225 [31]

Rather than providing numerical data, qualitative data provides in-depth verbal or visual information on consumers' views, feelings, and purchasing patterns.

  • This study employs a small sample size, is non-linear and cyclical, and seeks to methodically reveal the breadth of human experience within its context. It also focuses on depth rather than breadth. The goal of qualitative research is to discover meaning and understand how people interpret their experiences, construct their worlds, and give meaning to their experiences.
  • Qualitative research entails gathering and analyzing non-numerical data to better understand ideas, opinions, or experiences. It can be used to uncover intricate details about a problem or to generate new research ideas.

Thus this is what it means by Qualitative Research.

To learn more about Qualitative Research, refer: brainly.com/question/13498255

#SPJ4

3 0
2 years ago
Schickel Inc. regularly uses material B39U and currently has in stock 460 liters of the material for which it paid $3,128 severa
stira [4]

Answer:

D. $4,902

Explanation:

Schickel Inc.

RELEVANT COST can be defined as the cost that are often said to be incurred only when making specific and important business decisions because this relevant cost is used to determine whether to sell or keep a business which is why relevant cost concept is useful for eliminating some information from a particular decision-making process.

Relevant cost=

New stocks of the material purchased for $6.45 per liter.

Relevant cost of 760 liters of the material to be used.

Hence;

= $6.45 per liter ×760 liters = $4,902

Therefore the relevant cost of the 760 liters of material B39U is $4,902

6 0
3 years ago
Darryl would like to work as an accountant full time. A full-time position is not available, however, so he must accept a part-t
ivolga24 [154]

Answer: Employed.

Explanation:

Daryl is employed, because he has a job, where he works 15 hours a week. The job although it is not a full-time job still is a form of employment, where Daryl works and is paid.

5 0
4 years ago
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