Answer: The four main ways a business may increase it's profit are through reducing costs, increasing turnover, increasing productivity, and increasing efficiency.
Answer:
The correct answer is True.
Explanation:
The DBA, unlike the data manager, is a data processing professional. The task of the DBA is to create the database itself and enforce the necessary technical controls to support the policies dictated by the data administrator. The DBA is also responsible for ensuring the proper functioning of the system and providing other related technical services. The DBA usually has a group of system programmers and other technical assistants.
The general responsibility of the DBA is to facilitate the development and use of the Database within the action guidelines defined by data management.
The DBA is primarily responsible for:
- Manage the structure of the Database
- Manage data activity
- Manage the Database Management System
- Set the Data Dictionary
- Ensure the reliability of the Database
- Confirm Database Security
<span>The form of business organization which is likely to suffer most from the principal agent problem between the owners and managers of the business is the corporation. It is a</span><span> group of people authorized to act as one entity that is recognized by the law.</span>
Answer:
A
Explanation:
Average rate of return is a capital budgeting method. It is used to determine if a firm should invest in a project or should not invest in a project
average rate of return = average net income / average cost of investment
average net income = (total net income - depreciation) / useful life
(8,500,000 - $4,250,000) / 20 = 212,500
Average cost of investment =( beginning book value of the investment - ending book value of the investment) / 2
($4,250,000 - 0) / 2 = 2,125,000
ARR = 212,500 / 2125,000 = 0.1 = 10%
Inventory costing methods rely heavily on assumptions about the flow of costs. The most widely used inventory valuation method is the FIFO method.
FIFO (First-In, First-Out), LIFO (Last-In, First-Out), Specific Identification, and Weighted Average Cost are the 4 major Inventory costing methods. If your inventory costs are steady or increasing, LIFO is the better option. Businesses with bigger inventories and rising costs appreciate how LIFO reduces profits and taxes while increasing cash flow. If your inventory costs are decreasing, FIFO is the better option.
Learn more on Inventory costing methods-
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