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3 years ago

Globalization is the process of

Business

1 answer:

Gwar [14]3 years ago

7 0

Answer:

Connecting the world over time

Explanation:

Is the process of interaction of businesses and exchanges worldwide.

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You are sitting around the fire at a lodge in Dillingham, Alaska, discussing a fishing expedition you are planning with your col

Orlov [11]

As indicated in the Preliminary Scope Statement, some of the potential risks associated with the fishing expedition are:

Risk of Water damage to equipment;
Risk of drowning
Risk of potential loss of fishing equipment. etc.

<h3>What is a Preliminary Scope Statement?</h3>

A Preliminary Scope Statement is a written or documented statement that highlights the significance and level of a project as well as its objectives.

When writing a Preliminary Scope Statement, the goals or objectives have to be itemized in a manner that is:

Easy to understand
Actionable; and
Measurable.

Learn more about the Preliminary Scope Statement at:
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6 0

2 years ago

Indirect labor and indirect materials are classified as factory overhead and product costs factory overhead and period costs ope

Dvinal [7]

Answer:

True

Explanation:

Product costs are the costs directly incurred from the manufacturing process. The three basic categories of product costs they are;

1) direct material

2) direct labour

3) manufacturing (factory) overhead.

Manufacturing overhead cost also include the following;

a) indirect labour: Indirect labor is the labor of those who are not directly involved in the production of the products.

b) indirect material: Indirect materials are materials that are used in the production process but that are not directly traceable to the product.

4 0

3 years ago

A low P/E for a stock indicates that:

pishuonlain [190]

Answer:

(A). People may expect earnings to fall in the future, perhaps because the firm will be faced with increased competition.

Explanation:

Price Earnings ratio of a company represents market price per share of a company's stock in relation to it's earnings per share.

Price Earnings ratio(PER) is given by the following formula:

PER = $\frac{Market\ Price\ Per\ Share}{Earnings\ Per\ Share}$

A lower P/E Ratio indicates that a company's market price of a share is lower relative to it's earnings. This means the company's stock is undervalued.

It can also mean that the company's earnings have increased which in turn has increased it's earnings per share.

Investors in general expect lower earnings in future for the stock of a company with low P/E Ratio.

6 0

3 years ago

Revenue is properly recognized: Multiple Choice When the customer makes an order. Only if the transaction creates an account rec

Marianna [84]

Revenue in a business transaction is recognized When goods or services are provided to customers and at the amount expected to be received from the customer.

<h3>What is revenue?</h3>

Refers to the amount paid to a company for the provision of goods and services.
Can only be recognized when that good or service has been provided to the customer.

Until a good or service is provided to the customer who bought it, revenue should not be recognized because it has not been earned by a company.

In conclusion, option C is correct.

Find out more on revenue recognition at brainly.com/question/1380073.

3 0

1 year ago

During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo

tino4ka555 [31]

Answer:

Option (c) is correct.

Explanation:

Given that,

Labor costs = $175,000

Production order = $150,000

General factory use = $25,000

Factory overhead applied to production = $23,000

Therefore, the journal entry is as follows:

Work in process A/c Dr. $23,000

To Factory overhead $23,000

(To record the factory overhead applied to production)

6 0

3 years ago