Activity based costing involves combining related costs for easier accounting so this statement is True.
Activity based costing:
- Involves assigning costs to related activities only
- Is useful in seeing the total costs of certain activities
- Allows companies to set better prices
Activity based costing combines activities that are similar such as those that require labor hours and then assigns costs to them based on the amount of activity that those sections saw during the production period.
We can therefore conclude that activity-based costing combines related activities and one reason for this is to reduce the cost of record keeping.
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Answer:
Option A, Fixed quota models are risky because slight miscalculations can result in fish population extinction
Explanation:
Some of the major drawbacks of modelling fishing are as follows –
a) The fixed quota model is very risky as a miniscule change in attributes can result into extinction of fish.
b) On the other hand fixed effort harvesting can decrease the risk of fish population extinction
Hence, option A is correct
Answer:
b
Explanation:
because you want the employer to know that you learned from your last job
Answer:
A budget deficit causes an increase in interest rates, which causes a decrease in investment spending.
Explanation:
In domain of economics, crowding out
can be regarded as a phenomenon which take place as a result of increased in involvement of government in market economy sector which substantially has effect on remainder of the market, this effect could be on the supply side, it could be on demand side of the market. An example of crowding out is A budget deficit causes an increase in interest rates, which causes a decrease in investment spending.