Product organisation is the grouping of sales and production efforts of a business as per the line of products and services of the business. This kind of organisation is chosen by businesses when they have some different product lines and they require special expertise for marketing and distributing them.
Answer:
$36,000 and $30,000
Explanation:
Corrugated company deals in the production of cardboard boxes
The expected production for each month is 40,000 units
The direct material cost is $0.30 per unit
The manufacturing fixed overhead costs are $24,000 for each month
Therefore, the flexible budget for the production of 40,000 units and 20,000 units can be calculated as follows
Flexible budget for 40,000 units
= 0.30×40,000+24,000
= 12,000+24,000
= $36,000
Flexible budget for 20,000 units
= 0.30×20,000+24,000
= 6,000+24,000
= $30,000
Hence the flexible budget for 40,000 units and 20,000 units are $36,000 and $30,000 respectively
Answer:
cash receipts from sales of investments.
Explanation:
Operating activities are defined as activities that creates revenue and expenses in a business, and so are used to determine if a business is making a profit or loss. It includes activities directly related to providing goods and services to the consumer.
Cash reciepts form sale of investment such as stocks and bonds is classified as an investing activity. It is a positive investing activity because it involves inflow of cash.
This is not classified as an operating activity.
Answer: Option D
Explanation: In simple words, direct finance refers to the situation when the borrowers borrows money directly from lenders, and do not consider taking help from any intermediary. In other words, when the issuers in the financial market sell their securities directly to the general investors then such financing is termed as direct financing.
This financing is cheaper and benefits both he lender and the borrower. Hence we can conclude that the correct option is D.
Answer:
Answer is explained in the explanation section below.
Explanation:
Solution:
A Corporate Code of Ethics represents a set of business principles designed to regulate employee behaviour and to ensure that the mission and objectives of the company do not conflict. The most important ethical codes are listed below:
Integrity is a virtue.
Objectivity is a virtue.
Competence in the field.
Trustworthiness.
Professional conduct.
These are extremely important for us to maintain because they not only mark us as individuals, but also make us responsible employees of any organization that wishes to keep us together in the long run. WE MUST OBEDIENT TO THEM in order to ensure that, regardless of what we say or think, there will be a code of ethics that will help us to change over time and contribute to the progressive nature of things in our environment. This will also identify the IT firm employee, helping us to get a clearer understanding of the situation.
