Answer:
False
Explanation:
The formula for equivalent units units as follows:
Opening Work in Process + Equivalent units on which the work is done - Closing Work in process = Units Transferred
Therefore, ideally,
Opening work in process - Closing work in process = Units transferred - Equivalent units on which work is done.
As adding all the cost incurred during the period to opening inventory of work in process, we get the total cost for the period, thereafter, deducting the cost allocated to closing work in process we get the value of goods produced and transferred.
<u>Therefore, above statement is false.</u>
GATT is a very common term in business. One of the global institutions that emerged over the past 75 years is GATT which stands for the General Agreement on Tariffs and Trade.
<h3>What is the meaning of GATT?</h3>
The word simply means General Agreement on Tariffs and Trade. This General Agreement is known to covers international trade in goods.
They are involved in Trade negotiations. The WTO is regarded as the successor to the General Agreement on Tariffs and Trade (GATT) set up after the Second World War.
Learn more about GATT from
brainly.com/question/7141880
Answer:
"hygiene"
Explanation:
According to my research on the studies conducted by Psychologist Frederick Irving Herzberg, I can say that the factors being described in the question are "hygiene" factors. Herzberg even named his theory the motivator-hygiene theory, also known as the two-factor theory of job satisfaction.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
The correct answer to the given statement that "A service and physical good are similar in terms of uniformity of inputs" is:
<h3>What is a Good?</h3>
This refers to the physical item which has value and can be bought and sold in a market place.
With this in mind, we can note that a service has to do with the non physical value driven thing which is rendered based on demand and this service and physical goods are NOT SIMILAR in terms of uniformity of inputs because the manufactures does not have more control on the amount of variability.
Read more about goods and services here:
brainly.com/question/25262030
