Answer:
E. benchmarking
Explanation:
Benchmarking is used to identify internal opportunities for improvement by identifying other organizations that are best at some aspects of your operations, studying and breaking down what makes those organizations perform better and then aiming to implement changes in your company in order to achieve the same standards of the analyzed organizations.
Answer:
Showme will increase net income by 15000.
Explanation:
The cash basis is a method of recording accounting transactions for revenue and expenses only when the corresponding cash is received or payments are made. Thus, you record revenue only when a customer pays for a billed product or service, and you record a payable only when it is paid by the company
Showme
Cash basis bussines
Services 15000
<span>Definition of appropriate concept:
</span>1) efficiency - <span>when a society gets the most it can from its scarce resources.
2) </span><span>equality - when economic benefits are distributed uniformly across society.
</span>Efficiency is the size of the economic pie and equality is how the pie is divided into individual slices.
Answer:
Both of these answers are the primary differences.
1.The accrual basis records revenues when services or products are delivered and records expenses when incurred.
And
2.The cash bases records revenues when cash is received and records expenses when cash is paid.
Explanation:
Under the cash basis, entries in the book of accounts are made when cash is received or paid and not when the receipt or payment has become due.
While
Under the accrual basis, however, revenues and costs are recognised in that period in which they occur rather when they are paid
Accrual basis is more generally accepted than cash basis, as it gives a truer image of enterprise performance in an accounting period.
Answer:
Yankee = 66,900 units
Zoro = 156,100 units
Explanation:
<em>Break Even Point = Fixed Costs / Contribution per unit</em>
= $23,415,000 / ((3×$175) + (7×$75))
= $23,415,000 / $1,050
= 22,300
Yankee = 22,300×3
= 66,900
Zoro = 22,300×7
= 156,100