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den301095 [7]
2 years ago
12

Select the incorrect statement regarding relevant costs and revenues. Group of answer choices Sunk costs are never relevant for

decision-making purposes. Differential revenues are expected future revenues that differ from past revenues. To be relevant, a cost or revenue must not be future-oriented and must differ between the alternatives. Avoidable costs are also known as differential costs.
Business
1 answer:
raketka [301]2 years ago
6 0

Answer:

The incorrect statement regarding relevant costs and revenues:

To be relevant, a cost or revenue must not be future-oriented and must differ between the alternatives.

Explanation:

For a cost or revenue to be considered as relevant, it must be incurred or earned at a future time.  It must also differ between the options available for decision making.  A cost or revenue cash flow is relevant if it arises from a management decision and can be avoided.  This simply means that if the cost or revenue is not affected by management decision or does not make any difference in decisions, it is not relevant.

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Lisa is choosing between three alternatives: a) working at her job that pays 60 dollars; b) writing a term paper which she value
Mkey [24]

Answer:

c. 80 dollars.

Explanation:

Opportunity cost represents the next best alternative missed.  It is the forfeited benefits arising from choosing one option over the others. Opportunity cost is expressed as a value or the worth of the forgone alternative.

Lisa's opportunity cost is $ 80.  She has valued going out with her friend at $ 80, which is the highest value amongst her three choices. Since she can not engage in all the three activities at the same time, the next best alternative to writing her exam is the opportunity cost.

7 0
3 years ago
The marketing concept states that the social and economic justification for an organization’s existence is the satisfaction of c
Goshia [24]

Answer:

True

Explanation:

The satisfaction of customer is the key need of survival for any business.

As the customer satisfaction will result into good branding, economic support and vital performance booster for the organisation.

Customer satisfaction ensures that the organization is socially and economically viable, and equally capable of running business with the perspective of growth.

Thus the above stated statement is

True

7 0
3 years ago
Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 30 billion bottles of wine were sold ev
zmey [24]

Answer:

The amount of the tax on a bottle of wine is $5 per bottle. Of this amount, the burden that falls on consumers is $3 per bottle, and the burden that falls on producers is $2 per bottle. True or False: The effect of the tax on the quantity sold would have been larger if the tax had been levied on producers.

Explanation:

The amount of the tax on a bottle of wine is $5 ($3 + $2).

The burden on consumers is $3 ($9 - $6), which is the difference between the after-tax purchase price and the before-tax purchase price for consumers.  This implies that the burden passed to consumers is $3 out of the total tax burden of $5.

The burden on producers is $2 ($6 - $4) which represents the difference between before-tax selling price and the after-tax selling price for the producers.  This means that the burden passed to producers is $2 out of the total tax burden of $5.

If the tax burden were passed to the producers alone, the selling price would have been more than $11 ($6 + 5).  This would have reduced demand for wine as consumers would have been forced to bear the total burden.  This would have made the tax unequitable.  This would have been the case unless demand is inelastic.  That means that the total demanded is not sensitive to price increases.

3 0
3 years ago
The stock is currently selling for $15.25 per share, and its noncallable $1,000.00 par value, 20-year, 9.00% bonds with semiannu
ANTONII [103]

Answer:

12.8%

Explanation:

Ra=Rf+(Rm-Rf)*Ba

Ra=?

Rf=5.5%

Rm=11.5%

Ba=1.22

Ra=5.5%+(11.5%-5.5%)*1.22

Ra=12.8%

7 0
3 years ago
When analyzing the feedback on an evaluation form, a trainer should look for?
erik [133]

When analyzing the feedback on an evaluation form, a trainer should look for------ items where there is a pattern of low ratings

What Does Feedback Mean?

Feedback is an event that occurs when the output of a system is used as input back into the system as part of a chain of cause and effect. This alters variables in the system, therefore resulting in different output and consequently different feedback as well, which can either be good or bad

Why is feedback so important?

Feedback improves learner confidence, motivation to learn and ultimately, a learner's attainment. It's also what your people want - 65% of employees say they want more feedback. Feedback comes in many shapes and forms. You can deliver feedback episodically, in isolated instances or on an ongoing basis.

Learn more about feedback:

brainly.com/question/25653772

#SPJ4

3 0
1 year ago
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