It is absolutely correct to state that the greatest challenge of researching in the information age is managing our flow of knowledge to ensure we encounter reliable and useful information.
<h3>What do you mean by
information age?</h3>
The concept of the "Information Age" holds that having access to and control over information characterizes the current phase of human civilization. This is the Information Age. The world as we know it today is a product of all the eras from the Stone Age to the Industrial Revolution.
Hence, It is absolutely correct to state that the greatest challenge of researching in the information age is managing our flow of knowledge to ensure we encounter reliable and useful information.
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"Your question is incomplete, probably the complete question/missing part is:"
TRUE OR FALSE: the greatest challenge of researching in the information age is managing our flow of knowledge to ensure we encounter reliable and useful information.
Answer:
<u>Company's total inventory</u> 30,850
Camaras: 10,960
Camcorders: 8,850
DVDs: 11,040
Explanation:
<u>Camaras: </u>
cost: 10,960
net realizable value: 12,060
<u>Camcorders: </u>
cost: 8,850
net realizable value: 9,170
<u>DVDs: </u>
cost: 12,100
net realizable value: 11,040
<u>Company's total inventory</u>
10,960 + 8,850 + 11,040 = 30,850
We must pick between the historic cost or the net realizable value the lower. The reasoning behind this is the conservatism accounting principle to keep the assets valued at minimum.
Answer: Average unit cost=$5.800 per unit
Cost of Ending inventory =$3,190
Explanation:
Average unit cost
First purchase= 650 units x $4=$2,600
Second Purchase=750 units x $6 =$4,500
Third Purchase= 850 units x $7 = $5,950
Total Cost = $13,050
Average unit cost = Total cost/ number of units =13,050/(650+750+850)= 13,050/2250= $5.8 per unit
Cost of Ending inventory = 550 unts at hand x $5.8 =$3,190
(using the average cost method)
Assume that a change in government policy results in greater production of both consumer goods and investment goods. We can conclude that the economy was not employing all of its resources before the policy change.
Explanation:
Policies by government will affect economic growth
Government policies have a major role to play in encouraging (or deterring) economic growth. Economic policies that lead to economic growth include:
Investing in infrastructure:
Infrastructure, such as highways or bridges, is tangible capital available to all. Governments are increasing their capital stock in the country by investing in infrastructure.
Productivity and labor participation strategies :
Promoting a higher rate of labor participation, for example labor participation tax incentives, will lead to even more economic growth.
Policies promoting accumulation of capital and technological advancement:
Savings-enhancing strategies that lead to higher growth and thus capital investments. Strategies that encourage technological innovation, such as research and development tax credits, often lead to increased economic growth.
Answer:
The answer is B.) Cost, revenue, and assets invested in the center
Explanation:
An investment center is a responsibility center in which the department manager is responsible for costs, revenues and assets for the department.
An investment center is also a business unit in a firm that can utilize capital to contribute directly to a company's profitability.
Examples of departments that make up the cost center are the human resource and marketing departments, units that falls under a profit center include the manufacturing and sales department.
