Answer:
A proposal typically provides information so that an organization can make a decision about a product, procedure, or policy.
Answer:
As a Medium of Exchange
Explanation:
The four functions of money are:
- As a Medium of Exchange
- As a Measure of Value
- As a Store of Value
- As a standard of Deferred Payment.
As a Medium of Exchange
Money as a medium of exchange has its most important role of facilitating the exchange of goods and services. Hitherto before the advent of money. Trade by Barter was the only means of conducting transactions. The use of money in the exchange of gods and services solved the major difficulty encountered with the barter system, which his "Double coincidence of wants".
Money by performing its most traditional role is accepted by all irrespective of whether they need each others good or services.
However to fulfill this role or function, Money has to be generally acceptable, portable, divisible, durable, stable in value and homogeneous.
Answer:
The direct materials cost variance is $8,700 (Unfavorable)
Explanation:
What is the direct materials cost variance?
Actual Standarded Cost
Given 7.500*12
98700 90.000
Direct material cost variance =98.700 - 9.000 =$8,700 Unfavorable
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Quantity supplied
Explanation:
In completion of the statement question, 'the is five million' only indicates uncompleted statement.
Quantity supplied is the quantity of a commodity that producers are willing to sell at a particular price at a particular point in time.
