Complete Question:
The principle of exceptions allows managers to focus on correcting variances between
Group of answer choices
a. standard costs and actual costs
b. competitor's costs and standard costs
c. variable costs and actual costs
d. competitor's costs and actual costs
Answer:
a. standard costs and actual costs
Explanation:
A principle of exception can be defined as a theory that states that, only relevant and significant deviation about an asset is brought to the knowledge of a manager for the decision-making process or consideration.
The principle of exceptions allows managers to focus on correcting variances between standard costs and actual costs.
The additional utility a person receives from consuming an additional unit of a good or service is known as Marginal Benefit.
<h3>What is service?</h3>
Services are referred as a type of product that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.
The additional utility a person receives from consuming an additional unit of a good or service is known as Marginal Benefit. Any activity can have its net benefit increased by selecting the amount at which marginal utility equals marginal expense.
Learn more about Marginal benefits, here:
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Answer: $94,300
Explanation:
Net Sales revenue will be;
= Sales revenue - Sales Returns and Allowances - Sales Discounts
= 99,000 - 1,800 - 2,900
= $94,300
Net sales revenue is imparted by sales discounts and sales returns alone in this instance.
The main concern of executives when designing a management support system (MSS) is <em>b. getting the information they need in the simplest way.</em>
A management support system provides managerial information resources to enable management <em>to plan, make decisions, and manage the organizational activities to achieve goals.</em>
Executives' main concern with the design of a management support system <u>is not</u> to:
- Identify unquantifiable benefits
- Get support from all employees
- Get technically-advanced information.
Thus, the concern of executives during the design of a management support system is to get needed information <em>most simply.</em>
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<span>b. interest rates increaseincrease causing planned investment to decreasedecrease, which causes a decreasea decrease in aggregate demand.</span>
