Answer: highlight the different level of activities
Explanation:
Activity Based Costing system assigns costs to the activity that are used in production and it highlight the different level of activities.
Activity based costing system is quite different from the traditional costing systems based on the way the indirect cost is being treated.
Answer:
A
Explanation:
The quantitative theory of money states that MV=PT.
M: money supply
V: velocity of circulation (number of times that a dollar changes of holder in a period)
P : price of a typical transaction
T: total number of transactions.
We can also write the equation as MV=PY, because the value of transactions is equal to the GDP (Y).
If M has a constant growth but there are fluctuations in V, then P, Y or both change.
Answer: market share
Explanation:
Product quality simply has to do with the addition of features that have the necessary capacity to meet the needs and wants of the consumer and ultimately give the customers satisfaction through the improvement in products and also making them defect free.
Product quality is ultimately reflected in the markett share and the price that customers are willing to pay.
Answer:
Grading
Explanation: Grading is the process of separating products based on their level of similarity,as the packer tries to separate and label the meat with little or no fat as ''AA'' and another with more fat as ''AB''. This is to ensure easy accountability an to help the consumer in making choice.
Grading system helps for easy tracking of the stock level of different food products available in the grocery store.
