Answer:
The correct answer is A. Systems development life cycle
Explanation:
System Development Life Cycle (SDLC) is the overall process for developing information systems, from planning and analysis through implementation and maintenance.
The phases are: Plan, analysis, design, develop, test, implement, maintain
Answer:
Douglas McGregor
Explanation:
Douglas MacGregor is widely known for his theories termed as Theory "X and Theory " Y". In his attempt to derive at this theory, he utilized Maslow’s work as the basis for his own work defining two different types of managers.
Douglas MacGregor is also considered as a social psychologist who focused on management in business-related issues.
Hence, the right answer is Douglas MacGregor
Answer: Cost of goods sold account
Explanation:
When a company is operating a Standard Cost system, all their inventory accounts will be recorded at their standard costs.
The Variances that exist between the Standard and Actual costs will be recorded in the variance accounts as well as the manufacturing overhead account.
At the end of the fiscal year, the balances on these accounts are sent to the Cost of Goods sold account to reflect true cost.
Answer:
Letter A is correct. <u>Fostering competition.</u>
Explanation:
In this case, it is correct to say that small businesses are fostering competition.
Competition in the business world can be defined as a situation where two or more companies that supply products are rivals in the quest to conquer the same market and the same customers.
Large companies often have some dominance and influence over the market, which means that they impose various barriers to market entry by other competing companies, especially if they are micro-companies. In the case of the above question, when there are a large number of small companies looking to establish themselves in a specific niche in the market, due to possible retaliation by large companies, together, they are exerting an influence on the market that promotes competition.
Answer:
Contribution percent = 75%
Explanation:
Given:
Total sales = $24,000
Total Variable cost = $6,000
Total units = 6,000
Contribution percent = ?
Computation of Contribution :
Contribution = Total sales - Total Variable cost
Contribution = $24,000 - $6,000
Contribution = $18,000
Computation of Contribution percent :
Contribution percent = Contribution / Total sales
Contribution percent = 18,000 / 24,000
Contribution percent = 0.75
Contribution percent = 75%
