That would be an example of traditional economy.
The difference between the standard cost of a product and its actual cost is called a cost variance. Therefore the statement is true.
<h3>What is the objective of variance?</h3>
Changing across all of the pieces of information in a data set, variance is a measurement of distribution. It enables us to estimate how far away a set of factors are from each other.
To describe the variation or difference between the standard cost of a product and its actual cost the use of cost variance is done. It is utilized to estimate the financial performance of any project.
Therefore, the statement is True.
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Not necessarily. Sure, there are some things where it is very clear what is right and wrong but there are so many situations where it is hard to differentiate between what is right and what isn't.
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Answer:
Therefore after 16.26 unit of time, both accounts have same balance.
The both account have $8,834.43.
Explanation:
Formula for continuous compounding :
P(t)= value after t time
= Initial principal
r= rate of interest annually
t=length of time.
Given that, someone invested $5,000 at an interest 3.5% and another one invested $5,250 at an interest 3.2% .
Let after t year the both accounts have same balance.
For the first case,
P= $5,000, r=3.5%=0.035
For the second case,
P= $5,250, r=3.5%=0.032
According to the problem,
Taking ln both sides
Therefore after 16.26 unit of time, both accounts have same balance.
The account balance on that time is
=$8,834.43
The both account have $8,834.43.
Reasons why companies are slow to adopt sustainable practices that are better for the environment EXCEPT----The universal adoption of the Kyoto protocol.
Sustainable practices:
are the processes services employ to maintain the qualities that are valued in the physical environment. Living sustainably is about living within the means of natural systems (environment) and ensuring that our lifestyle doesn't harm other people.
What is Kyoto Protocol explain?
The Kyoto Protocol, also known as the Kyoto Accord, is an international treaty among industrialized nations that sets mandatory limits on greenhouse gas emissions. The greenhouse effect is the warming effect of the sun on greenhouse gases, such as carbon dioxide, that act to trap this heat in our atmosphere
The question is incomplete .Missing options are given below:
- CEO compensation is tied to stock performance
- it is difficult to get an accurate cost on the impact of climate change
- the universal adoption of the Kyoto Protocol
- US investors are less concerned about the environment and climate change than those in Europe
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