Answer:
b) Indirect cost
Explanation:
Accounting department is a service department, providing services to all business departments of the organisation, thus cost of accounting department cannot be attributed directly to any specific activity. Thus cost of accounting department to all business centers will be an indirect cost.
Answer:
Raise competitor costs.
Explanation:
Raising competitor costs is basically a strategy to gain market share.
The opportunity cost in the case given above will be a weekend at best friend's house when one decides to go to the beach with his or her family.
<h3>What is opportunity cost?</h3>
When an individual chooses an option, alternatives available in the hands of such individual, which could have been chosen over such option, are the opportunity cost for that individual.
Hence, option B holds true regarding the opportunity cost.
Learn more about opportunity cost here:
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Answer:
Jon's conclusion is not valid.
Explanation:
To a particular extent the tax to be paid by a person can be minimum 0. It can never happen that the tax is negative and tax department pays back to the client, with no tax liability.
Jon contends that from the previous year the tax paid by him is less by 150%, which cannot be true as the tax amount can be reduced by 100% making tax = 0.
Assuming tax paid last year = $100
Tax paid in current year = $100 - $100 
150%
= $100 - $150 = -$50
It means tax paid is negative $50, that concludes tax department paid $50 to Jon, which cannot be true.
Thus, Jon's conclusion is not valid.
