1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arada [10]
3 years ago
7

Write down five (5) advantages and disadvantages of cost principle.​

Social Studies
1 answer:
myrzilka [38]3 years ago
3 0

Answer:

Explanation:

advantage:

1. Elimination of Wastes, Losses and Inefficiencies

2. Cost Reduction

3. Identify the reasons for Profit or Loss

4. Advises on Make or Buy Decision

5. Price Fixation

disadvantage:

1. Only past performances are available in the costing records but the management is taking decision for future.

2. The cost of previous year is not same in the succeeding year. Hence, cost data are not highly useful.

3. The cost is ascertained on the basis of full utilization of capacity. If capacity is partly utilized, the cost may not be true.

4. Financial character expenses are not included for cost calculation. Hence, the calculated cost is not correct always.

5. In cost accounting, costs are absorbed on pre-determined rate. It leads to over absorption or under absorption of overheads.

You might be interested in
Please answer!
prohojiy [21]

Answer: Ishmael

Explanation:

4 0
3 years ago
Charmed by Claire is a successful retail boutique that sells women's accessories. Claire, the owner/manager, knows that women ha
Klio2033 [76]

Answer:

"A core competence" or very important!

Explanation:

Claire prioritizes customer service and believes it is vital for her business.

4 0
4 years ago
The first group of Europeans to colonize and permanently settle around the Cape of Good Hope was the
Anika [276]
The first group of Europeans to colonize and permanently settle around the Cape of Good Hope was the: <span>Dutch from Holland

The Dutch has set foot in that region since the mid-1600s, which is around 100 years earlier than he other nations. They decided to formed a colony there because they saw a huge opportunity to obtain mining resources and potential slaves to sell.</span>
6 0
3 years ago
Which statement BEST describes Abraham Lincoln's "10 Percent Plan"?
garik1379 [7]

In December 1863 Lincoln introduced the first Reconstruction scheme, the Ten Percent Plan, thus beginning the period known as Presidential Reconstruction. The plan decreed that when one-tenth of a state's prewar voters had taken an oath of loyalty to the U.S. Constitution, its citizens could elect a new state government and apply for readmission to the Union. In addition, Lincoln promised to pardon all but a few high-ranking Confederates if they would take this oath and accept abolition. The plan also required that states amend their constitutions to abolish slavery. Conspicuous in this plan was the stipulation that only whites could vote or hold office.

5 0
3 years ago
Read 2 more answers
4. What would be a good tip for someone trying to make new friends?
andre [41]

4- The answer is A) Join groups that share your values or offer activities you like in order to meet people with similar affinities to yours.

5- The answer is D) Assertive. The person is simply standing up for him/herself in a polite and educated manner by explaining how the actions of the other person made him/her feel.

6- The answer is C) as these people clearly have standards other people must meet in order to form part of their group.

7- The answer is B). In this case you are encouraging people to form part of a positive movement.

8- The answer is D). As in this situation there's no paternal figure but the grandparent.

10- The answer is D). Because it prevents the argument to get out of control by taking all the parties (and their feelings) into consideration.

11- The answer is C) as you're making them feel listened without judging them or taking the spotlight away from them.

12- The answer is C). Standing up for yourself and not giving in to peer pressure.

13- The answer is C). Every culture is different however they all have in common their gender roles strictly related to sex (female/male) and their behaviors.

14- The answer is D). As this activity helps the household (in a minimal level)

15- The answer is A). As these actions represent approval



Hope this helps! I would really appreciate it if you could help me out by rating this brainliest :)

3 0
3 years ago
Read 2 more answers
Other questions:
  • All persons who take part in the commission of a crime are ________ to the crime.
    7·1 answer
  • PLEASE HELP!! MEDAL AND FAN IF YOUR RIGHT!!
    13·1 answer
  • What was most likely to have supported the articles of confederation?
    6·1 answer
  • Describe the election process
    5·2 answers
  • How did the geography of New England influence the development of its economy
    12·1 answer
  • government and the wealthy benefit from the existence of the poor and this is the main reason why poverty continues to exist bri
    12·1 answer
  • Donde comienza la frontera entre honduras y guatemala
    6·1 answer
  • Cell : nucleus :: __ : engine
    10·1 answer
  • ANSWER MY QUESTION PLEASE!!!!<br><br> PLEASE PLEASE PLEASEEEEEE!!!
    9·1 answer
  • After completing participation in a research study, alex attended a debriefing session. what information might the researcher gi
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!