The stock of computers, factory buildings, and machine tools used to produce goods is known as <span>Physical Capital. It r</span><span>efers to a factor of production (or input into the process of production), such as machinery, buildings, or computers.</span>
Answer:
Letter b is correct. Misappropriate the incoming check related to returned goods and deposit the check in a bank account other than the company's.
Explanation:
A pay-and-return scheme is a scheme where an employee intentionally defrays a payment amount from a vendor, increasing that expense and reimbursing the excess amount of that payment. It can also be performed on a dual payment scheme to a vendor, and after the employee reports the error to the vendor and gets a check back, he can refund the amount.
Answer: October 31
Explanation:
It is a 90 day Note so the maturity date will be:
= August 2 + the remaining 29 days in August + 30 days in September + 31 days in October
= October 31
The expiry date will be October 31 as this would be 90 days from August 2, when the note was received.
Answer: Opputtinity cost - cost fixed
Explanation:
Answer:
True
Explanation:
An activity based costing (ABC) system assigns resources to the different production activities, and then unit costs are determined by the proportion of the production activities that every unit requires.
This is a much more complex costing method than just assigning overhead costs based on direct labor hours or machine hours.
