Which of these can lower the amount of monthly payments on a mortgage?

Each individual firm will maximize its profits or minimize losses by hiring a specific type of labor up to the point where the m

Talja [164]

Answer:

equal is the correct answer.

Explanation:

4 0

2 years ago

In your own words, what are the strengths and

german

Answer:

Advantages

Helps in Scheduling : 

One of the greatest benefits of forecasting is that it helps the manager to prepare for the organization's future. Currently, planning and forecasting go hand in hand. We will not prepare for it without an understanding of what the future holds for the business. Forecasting, therefore, plays a very significant role in planning.

2) Changes to the Climate :

Prognostics should be able to point out the potential environmental changes when performed correctly. This implies that it will allow the organization to benefit from such environmental changes. It can develop and grow its business if the changes are beneficial to the company. And it may intend and prepare to defend itself in adverse circumstances.

3) Weak Spots Detection:

Another benefit of forecasting is that it can help the manager find any weak points that the company may have or overlooked areas. When attention has been drawn to these areas, successful controls and preparation strategies to fix them can be put into practice by the manager.

Disadvantages:

1) Factors Time and Cost 

There is usually a lot of data and knowledge needed to make structured forecasts. And, there is a lot of time and money involved in the processing and tabulation of such results. Another aspect is also the translation of qualitative data into quantitative data. One must be cautious that the forecasting time, resources, and effort expended must not overshadow the real benefits of such forecasts.

2) Based on Forecasts 

Assumptions, approximations, natural conditions, etc are the basis of every forecasting system. This renders those predictions inaccurate. So, the inherent weaknesses of forecasting must always be kept in mind and everyone has to be careful about being over-reliant on them.

3) Just Estimates 

The future will be unpredictable at all times. Even if the best methods of forecasting are used and every factor possible is accounted for a prediction is still just an estimation. With 100 percent effectiveness, one can never predict future events. So even the best-laid plans can be nothing at all. This will still be one of forecasting's greatest constraints.

Hope it helps.

5 0

3 years ago

it is generally agreed that the role of strategy is to: options make best use of resources make profits for the organization mak

seraphim [82]

I think the correct answer from the choices listed above is the first option. It is generally agreed that the role of strategy is to make best use of resources. It is very important to use every little thing we have to our advantage. Hope this helps. Have a nice day.

5 0

4 years ago

For each of the following companies, specify whether each company would be more likely to use job costing or process costing. a

Oduvanchick [21]

Answer: For each of the following companies, each company would be more likely to use:

a. Janitorial services company - Job costing.

b. Soup manufacturer - Process costing.

c. Commercial plumbing contractor - Job costing.

d. Toothpaste manufacturer - Process costing.

e. Catering service - Job costing.

7 0

4 years ago

Colaw Co. pays all salaried employees on a biweekly basis. Overtime pay, however, is paid in the next biweekly period. Colaw acc

fgiga [73]

Answer:

salaries expense 81,000 debit

salaries payable 81,000 credit

Explanation:

the recurrring salaries for a biwweekly salaries is 270,000

In two weaks assuming five-day work week, there is 10 days.

so we divide to get the expected wages per day the recurring salaries by the amount of days of that period:

270,000 / 10 = 27,000 per day

Then, we multiply by the 3 days from the current period:

27,000 x 3 = 81,000

this will be the accrued expenses for the period

5 0

3 years ago