Answer:
(A) Variable costing treats fixed overhead as a period cost.
Explanation:
Variable costing is an important concept in accounting. Under this method, manufacturing overhead is incurred in the period that a product is produced. Variable costing includes only variable manufacturing costs (direct materials, direct labor, and variable manufacturing overhead) in unit product costs. Moreover, it treats fixed overhead as a period cost.
I think he had no right to privacy.
<u>Explanation:</u>
According to the law and order, with search warrant issued by court (head of the judiciary system) police has the power to search and seize any illegal work. Even when the convict caught in red hand police can take him under their custody up to the further proceedings through court.
Under this circumstances, no privacy work. Now depending upon the nature of crime decision will be taken. If any case convict issue anticipatory bail before the search operation he can relieve himself temporarily from the instant harassment.
Answer:e. moral principles and values that govern the actions and decisions of an individual or group.
Explanation:
Ethics are those standards that are social acceptable by individual groups which guides their actions sometimes to ensure that those actions that they take are not hurtful or betrayal or damaging to themselves or to their surroundings which include people around them and the environment.
Every individuals have their own principles and values that they live by such as religious principles and values which guides how one interact with others and how they go by making decisions in their lives.
The theory of comparative advantage is credited to David Ricardo.
<h3>What is Ricardo's theory of comparative advantage?</h3>
In economics, a comparative advantage occurs when a country can produce a good or service at a lower opportunity cost than another country.
The theory of comparative advantage is attributed to political economist David Ricardo, who wrote the book Principles of Political Economy and Taxation (1817).
Comparative advantage is a key principle in international trade and forms the basis of why free trade is beneficial to countries.
Eg; Consider two countries (China and the UAE) that use labor as an input to produce two goods: wine and cloth.
In China, one hour of a worker’s labor can produce either 5 cloths or 10 wines.
In the UAE, one hour of a worker’s labor can produce either 20 cloths or 15 wines.
The UAE enjoys an absolute advantage in the production of cloth and wine.
To learn more about Comparative advantage, refer
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