Answer:
C)refusing to work until certain demands are met.
Explanation:
The idea behind a strike is to remind the employer or owner of the company that workers are a key part of the production. Strikes are an effective form of protest because they can paralyze a factory or a firm.
Strikes are usually more effective when the workers cannot be easily replaced by the employer.
Answer:
This would harm the union and favor Friendly Airlines because the real wage increase would now be low.
Explanation:
With an increase in inflation more than was expected, it will be bad for the union but will be good for Friendly Airline because the higher the rate of inflation, the lower the real wages. The implication of this is that Friendly Airline can afford to increase its fare because of the high inflation rates, and due to inflation the union will not have any increase in wages.
Answer:
The correct answer is letter "D": Justifies ignoring the matching principle or the realization principle in certain circumstances.
Explanation:
According to the General Accepted Accounting Principles (GAAP), the materiality principle states that some accounting transactions could be ignored as long as they do not affect the Financial Statements. The issue relies on the accountant deciding which transactions to ignore since there is not a set guide established by the GAAP stating what could or could not be ignored.
Thus, <em>the matching or realization principle could be ignored as long as the transactions involved do not affect the Financial Statements.</em>
Answer:
The equivalent units of production for conversion costs are 464,760 units
Explanation:
The computation of the equivalent unit is shown below:
= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)
= (444,600 units × 100%) + (50,400 units × 40%)
= 444,600 units + 20,160 units
= 464,760 units
For computing the equivalent units,we have to consider both the units which are mentioned in the question.
Answer: 36%
Explanation:
From the question, we are informed that the sales for Green Inc. are expected to change by 30% and that Green's degree of operating leverage is 1.20.
Green's operating income is expected to change by:
= 30% × 1.2
= 36%