Answer:
Statement I and III
Explanation:
Under traditional costing, there is no such identification of various activity pools like activity costing, there is general allocation of overheads based on overhead assigned on labor hours, or machine hours etc:
This is the method in which volume of goods is important and that is what matters for cost allocation.
Further, when they require numerous activities and then the costs allocation based on each different process or activity is not possible as number of activities are really high.
Therefore Statement I and Statement III are correct.
Answer:
the science or practice of farming, including cultivation of the soil for the growing of crops and the rearing of animals to provide food, wool, and other products. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in cities.
Explanation:
Answer:
To reduce the chance of fraud.
Explanation:
An appropriate practice to reduce transaction fraud would be "traceability," which is the ability to track and follow the supply chain of some manipulation. This greatly helps prevent fraud and loss of information.
Financial frauds are actions that a person performs in order to obtain a profit of their own at the cost of damage the economy of another.
Leasing allows business owners to forecast cash flows more ACCURATELY, because lease payment are FIXED amount paid over a particular time period.
Leasing involves paying a specified amount of money monthly or yearly for use of a particular landed property. Leasing fees are usually fixed in amount and this allows one to accurately calculate how much money one can expect from this source of revenue.
<span>In pure competition, producers compete exclusively on the basis of p</span>roduct features.
