Answer:
True
Explanation:
Hi, the statement is true.
Incoterms (International Commercial Terms) are commercial terms, commonly used in international commercial transactions.
These terms determine the obligations, reponsabilities, costs and risks of both parts involved in a comercial transaction ( buyer and seller) where goods are delivered.
Incoterms rules are accepted worldwide.
He was born in the city of Dunfermline which is in the country Scotland.
Answer:
monetary and fiscal policies to counteract even small undesirable movements in economic activity.
Explanation:
Economic fine-tuning is the (usually frequent) use of monetary and fiscal policies to counteract or subvert even small undesirable movements in economic activity.
Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.
On the other hand, Fiscal policy refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
Answer:
The correct answer is C: $1,925,000
Explanation:
Giving the following information:
Last month, direct materials (electronic components, etc.) costing $550,000 were put into production. Direct labor of $880,000 was incurred, manufacturing overhead equaled $495,000.
Total product cost= direct material + direct labor + MOH= 550000 + 880000 + 495000= $1,925,000
