Answer:
using supplies
Explanation:
An expense can be described as cost incurred by a company in a bid to earn revenue.
When supplies are used no explicit cost is incurred in the process so it doesn't qualify as an expense.
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The shape of the Phillips curve involves a tradeoff between unemployment and inflation.
the question is incomplete .please read below to find the missing content
The shape of the ______________ involves a tradeoff between unemployment and inflation.
A. the aggregate demand curve
B. the aggregate supply curve
C. Phillips curve
D. Keynesian demand curve
Phillips curve, the graph of the economic relationship between the unemployment rate (or rate of change in the unemployment rate) and the rate of change in nominal wages. Named after the economist A. Williams Phillips, he notes that wages tend to rise faster when unemployment is low.
The Phillips curve shows the relationship between inflation and unemployment. In the short term, inflation and unemployment are inversely related. As the number of one increases, the amount of the other decreases.
The underlying problem is that the Phillips curve misinterprets the assumed relationship between unemployment and inflation as causal. In fact, it is changed in aggregate demand that drives changes in both unemployment and inflation. The Phillips curve continues to mislead and mislead policymakers.
Learn more about the Phillips curve here
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Answer:
d. within the relevant range of operating activity, the efficiency of operations can change.
Explanation:
Cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Generally, to use the cost-volume-profit analysis, financial experts usually make some assumptions and these are;
1. Sales price per unit product is kept constant.
2. Variable costs per unit product are kept constant and the total fixed costs of production are kept constant i.e costs can be divided into fixed and variable components.
3. All the units produced are sold i.e there is no change in inventory quantities during the period.
5. The costs accrued are as a result of change in business activities.
6. A company selling more than a product should simply sell in the same mix i.e the sales mix is constant.
<em>Hence, the aforementioned are assumptions of cost-volume-profit analysis except that, within the relevant range of operating activity, the efficiency of operations can change.</em>
<span>Past costs that are not affected by new decisions are known as sunk costs. Sunk costs do not need to be taken into account when making new decisions because the money associated with it was already lost and it can not be regained. This money is lost by businesses due to bad decisions, such as poor investments.</span>
Answer:
The correct answer is Controlling.
Explanation:
The control function can be defined as the phase of the administrative process that keeps the organizational activity within tolerable limits, when compared with expectations. These expectations can be set implicitly or explicitly, depending on objectives, plans, procedures or rules and regulations. Just as there is a hierarchy of plans in a continuum of integration, there are also comparable control procedures, appropriate at different levels.
