Answer:
A
B
C
D
Explanation:
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
Weighted average cost method calculates the cost of goods sold as the weighted average of cost of inventory
In periods of rising prices, later purchased goods would have a higher price. As a result, LIFO would report a lower net income while companies using FIFO would report the highest gross profit and net income.
Because of the high net income reported under FIFO, tax paid would be the highest too
There are several types of organization restructuring:
<span>1. </span>Downsizing
<span>2. </span>Starbust
<span>3. </span>Verticalization
<span>4. </span>De-layering
<span>5. </span>Business process re-engineering
<span>6. </span>Outsourcing, and
<span>7. </span>Virtualization
<span>Among them, the type of restructuring to retain the most essential employees is known as de-layering. D</span><span>e-layering involves breaking down the typical pyramid setup into a flat organization. Its purpose is to thin out or lessen the top layer of unproductive and highly paid ‘white collar’ personnel. It promotes innovation, builds customer intimacy and increases consumer satisfaction. The main advantage is that the decision-making process becomes more effective and shorter.</span>
Answer:
Option B.
Explanation:
Job specialization can be defined as the process whereby a person or a group of individuals who are highly qualified in a specific field are assigned to complete a particular task or to focus on their area of expertise effectively. As can be deduced from the name, job specialization refers to having a specialty or expertise in a specific sector of work.
Companies have different departments, like accounting and admin, these departments cannot be handled by just one person, regardless of whether the person is skilled in both departments. This is where job specialization comes in.
One other important aspect of job specialization is the potential to increase the level of employees' productivity and output. Productivity is of benefit to the employer, but specialization can also be of benefit to workers in that it may improve employment prospects.
Answer:
24%
Explanation:
The computation of the average rate of return is shown below;
As we know that
The Average rate of return = Net income ÷ Average investment
where,
Net income is
= (Selling price per unit - totat cost per unit) × additional units sales
= ($212 - $200) × $4,500 units
= $54,000
And, the average investment is
= (cost price + equipment) ÷ 2
= ($418,500 + $31,500) ÷ 2
= $225,000
So, the average rate of return is
= $54,000 ÷ $225,000 × 100
= 24%
