Answer:
The risk should be accepted
Explanation:
CBA stands for cost-benefit analysis (CBA). it is a technique used in measuring the cost to an enterprise as well as the benefit that is associated with an intended course of action.
Some controls are costly to establish, it is a standard practice to measure the cost to an enterprise to establish control on a certain aspect of their operation and compare the result with the estimated benefit from such control. where it is discovered that the benefits outweigh the costs, the control will be implemented otherwise, the firm should accept the risk.
Answer:
The correct answer is a. the range of variation.
Explanation:
The Range is the interval between the maximum value and the minimum value; Therefore, share units with the data. It allows to obtain an idea of the dispersion of the data, the greater the range, the more dispersed the data (without considering the affectation of the extreme values). The range is also called amplitude or travel.
Answer: Option B and E
Explanation: Use of diagrams and charts do not simplify the complex relationships as they do not help in calculation they are for presentation purposes only.
Diagrams and charts are different from pictures as they are used to show quantitative data in a picture manner through graphs etc.
The information for which the graph remains limited as per the research made. So, graphs cannot increase the level of information it can only show it in a more mannerly way.
<span>If there are too many units of any currency in circulation, this will cause an over-abundance of currency which will lead to inflation where value is lost. Retaining old currency will lead to confusion, so it's important that when a new currency is introduced a deadline is imposed on when an old currency must be used or exchanged by.</span>
Answer:
The company's plantwide overhead rate is 21.19%
Explanation:
given information:
indirect labor = $8,320,000
factory utilities = $155,500
machine hours = 400,000
to calculate the overhead rate, we can use the following formula
in this case.
the indirect cost = indirect labor + factory utilities
= $8,320,000 + $155,500
= $8,475,500
allocation measure = 400,000
thus,
= 21.19%