Answer: Whether the costs are variable or fixed and whether they are directly traceable to the responsibility center.
Explanation:
The Responsibility Income Statement is one where the different centers in a business have their own sub income statement so that the activities of each center and their profitability is measured and monitored.
In this statement, costs are classified as Variable and Fixed so it is important that it is known whether the costs are variable or fixed.
As the statements are per center, the costs in them would have to be only those that are directly traceable to that center so that a truer reflection of the statements can be seen.
<span>An example would be King Ferdinand of Spain having Columbus do his exploring for him. It is two fold, in that the riches or the conquering acquires land or resources and it is a show of power, more wealth equals more power. The explorer being from a foreign country is another feather in the cap, showing that they have an edge over that country and that the countryman was willing to go elsewhere and work for a competitor.</span>
Answer:
the opportunity cost of the land purchase is $34,050
Explanation:
The computation of the opportunity cost of the land purchase is shown below;
= Cash outlay × return percentage
= $227,000 × 15%
= $34,050
Hence the opportunity cost of the land purchase is $34,050
We simply multiplied the cash outlay with the return percentage so the same would be calculated
Answer:
This is true
Explanation:
Sarah illustrated scaffolding for Haley by supporting her through learning when putting lace around the card's edge.
Answer:
B) quota
Explanation:
A quota is a trade constraint imposed by government, which confines a nation's import or export within a certain period, or the amount or monetary value of the products. Nations use quotas to control trading volumes between them and the other nations in global trade. A tariff would put taxation on the Chinese's exports and it doesn't favour them.
