What do the four functions of managment have in common

Which one of the following combinations of firms would benefit the most through the use of complementary resources? a ski resort

tekilochka [14]

Answer:

a golf resort and a ski resort

Explanation:

Complementary resources are those ones that can substitute for each other, and when taken together consumer uses less of both resources than when they are taken seperately.

A ski resort and a golf resort are both facilities that are used by sports enthusiasts.

So for example if there are 40 sports enthusiasts they can use the golf resort, the ski resort, or a combination of both.

5 0

3 years ago

In what way does a cost center differ from either an investment center or a profit center? Select one: A. Cost centers are a muc

Paraphin [41]

Answer:

C. A cost center recognizes neither revenues nor computes income

6 0

2 years ago

Calculating the Direct Materials Price Variance and the Direct Materials Usage Variance Guillermo's Oil and Lube Company is a se

galben [10]

Answer:

Results are below.

Explanation:

<u>To calculate the direct material price variance, we need to use the following formula:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (5.05 - 5.1)*6,020

Direct material price variance= $301 unfavorable

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (6,076 - 6,020)*5.05

Direct material quantity variance= $282.8 favorable

Standard quantity= 980*6.2= 6,076

<u>Finally, the total direct material variance:</u>

Total direct material variance= Direct material quantity variance - Direct material price variance

Total direct material variance= 282.8 - 301

Total direct material variance= $18.2 unfavorable

7 0

3 years ago

A calendar year reporting company preparing its annual financial statements should use the phrase "at december 31, 2016" in the

ivolga24 [154]

Financial statements include Income statement, Statement of Owner’s Equity, Balance sheet and Cash flow statement. Statement of Owner’s Equity and Balance sheet are prepared at a particular date at the end of the financial year or period.

Hence, A calendar year reporting company preparing its annual financial statements should use the phrase "at December 31, 2016" in the heading of Statement of Owner’s Equity and Balance sheet.

4 0

3 years ago

When accounting for a long-term construction contract under IFRS, if the percentage-of-completion method is not appropriate, the

IRISSAK [1]

When accounting for a long-term construction contract under IFRS, if the percentage-of-completion method is not appropriate, the seller should account for revenue using "cost recovery method".

<h3>What is cost recovery method?</h3>

According to the "Cost Recovery Rule," any excess cash value (cost basis) over premium payments that results from a partial withdrawal of cash or a policy surrender is taxable income.

Calculation for cost recovery method includes:

the product's operating expenses, such as those for hardware, software, and labour, should all be added up.
Analyse whole revenue, regardless of whether a client made a lump-sum payment or several instalments.
To calculate the profit, deduct the cost of products from whole sales.

To know more about the lump-sum payment, here

brainly.com/question/23220127

#SPJ4

8 0

2 years ago