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padilas [110]
2 years ago
8

The group responsible for establishing standards that identify material specifications and testing procedures is ____.

Business
1 answer:
Mrrafil [7]2 years ago
6 0

Answer: ASTM International

Explanation:

The group that is responsible for the establishment of standards which identify material specifications and testing procedures is referred to as ASTM International.

ASTM International was formerly called the American Society for Testing and Materials. This is an international standards organization which technical standards for different products, materials, systems, and services.

It was put in place in order to improve safety and to also improve the quality o both the consumer and the industrial products.

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Mr. Blatt: Expert consultants are sought after by management because they help executives make better decisions. That is why the
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Answer: C) A successful firm of expert consultants seeks to increase its volume of business by reducing its fees, but its volume of business drops.

Explanation:

Mr. Fringe says that the more expensive a consultant is, the more they can be blamed. This means that the kor expensive a consultant is, the more they will be sought after in order for the company to blame them.

When a successful firm of consultant reduced their prices and became cheaper, less people wanted to hire them. This therefore supports the logic of Mr. Fringe as a lower cost led to the consultants being less sought after.

6 0
3 years ago
There are many food carts near Mark’s university. Mark and his friends regularly buy hot dogs from Jeff’s cart. Recently, Andrea
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The demand for his hot dogs will decrease. This is because Andrea is selling things at a better price than Jeff, and Mark and his friends would probably like to try something different than hot dogs.
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3 years ago
Suppose a market is initially perfectly competitive with many firms selling an identical product. Over time, however, suppose th
Alinara [238K]

Answer:

a decrease in market output and an increase in the price of the product.

Explanation:

7 0
3 years ago
When preparing the statement of owner's equity, the beginning capital balance can always be found a.on the statement of cash flo
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When preparing the statement of owner's equity, the beginning capital balance can always be found in the general ledger.

  • A general ledger is a book keeping ledger which shows the set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports.
  • Each account is a unique record summarizing a specific type of asset, liability, equity, revenue or expense.
  • The general ledger consists of all the individual accounts needed to record the assets, liabilities, equity, revenue, expense, gain, and loss transactions of a business. In most cases, detailed transactions are recorded directly in these general ledger accounts.
  • It helps you look at the bigger picture. Accounts including assets (fixed and current), liabilities, revenues, expenses, gains, and losses.

Thus the correct answer is option D.

To learn more about general ledger, refer: brainly.com/question/1436327

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6 0
2 years ago
The Finnish prefer to maintain time-honored traditions and norms and view change with suspicion. Which of Hofstede’s cultural di
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I think it’s an Individualist society

Finland, with a score of 63 is an Individualist society. This means there is a high preference for a loosely-knit social framework in which individuals are expected to take care of themselves and their immediate families only.
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