Which of the following is classified as an equitable remedy?
Answer: B. Reformation
The answer is true because both have to pay taxes.
Aggregate planning is essentially a holistic planning approach. Planners typically try to avoid focusing on a single product or service unless the organization has only one primary product or service. Instead, focus on total or aggregate capacity.
Overall planning should therefore be the basis for initial budget development and for budget changes when the conditions are right. Most aggregated planning approaches involve continuous decision variables, requiring frequent adjustments to both production and workforce settings. Despite the availability and versatility of these approaches, few significant applications have been reported.
Aggregate Planning from a Perspective Characteristics of Aggregate Planning In a broader sense of the definition, the problem of aggregation planning has the following characteristics.
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Answer:
The supply curve will shift to the right.
Explanation:
Whenever there is increase in supply of goods, due to any reasons the supply curve moves to right.
Here, as with the introduction of new technology, the cost of widgets one of the key inputs to the production of whatchamacallits, is reduced,
Accordingly, with the reduction in price of inputs the cost for manufacturers will decrease and they will produce more.
As a result the supply for the product whatchamacallits will increase, and with that the supply curve will move right.
It is false that under both accrual-basis and cash-basis accounting, all revenues and expenses are recorded at the same point in time.
<h3>What is accrual-basis accounting?</h3>
- In the world of finance, accrual refers to the process of accumulating interest or various investments together over time.
- When a transaction is documented as having occurred rather than when a payment is made or received, this accounting method is known as accrual accounting.
- According to the matching principle, income and expenses should be recorded in the same period, and this is how the approach operates.
- Any income made or expense incurred for which money has not yet been exchanged requires accruals.
- By including relevant information regarding recently extended short-term credit to consumers and upcoming liabilities owed to lenders, accruals enhance the quality of the information on financial statements.
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