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2 years ago

Consider the following comments about absorption- and variable-costing income statements:

Business

1 answer:

GrogVix [38]2 years ago

7 0

Answer:

E) I, II, and III.

Explanation:

Variable costing can be regarded as a concept of managerial accounting cost

whereby during the period of producing the product there is incurred

manufacturing overhead.

Absorption costing income statement, utilize absorption costing when creating income statement. The income statement focus on the cost through sectioning of cost into period cost and product.

It should be noted that

I. A variable-costing income statement discloses a firm's contribution margin.

II. Cost of goods sold on an absorption-costing income statement includes fixed costs.

III. The amount of variable selling and administrative cost is the same on absorption- and variable-costing income statements.

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With a deadline approaching, all seven members of Sharon's product development team were working round-the-clock and still the w

Dvinal [7]

Answer:

Dissimilar mental model

Explanation:

Communication is simply the interaction with two or more people. It is the passing of information. It involves the transfer and understanding of meaning. In communication, members of the organization shows their satisfaction and frustrations.

mental models simply represent a described or support comprehension as it keep info about the current situation available in memory. It guide behavior and allow prediction.

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3 years ago

Which difference between your bank statement and your records is most likely to indicate fraud

qaws [65]

Answer:

A PURCHASE YOU DID NOT MAKE

Explanation:

I just took the quiz

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2 years ago

Which of the following are all strategies for improving productivity in services? A. high interaction, mass customization, se

MissTica

Answer:

E. separation, self-service, automation, and scheduling.

Explanation:

Increase in productivity in a business aims to increase the efficiency of an individual or process involved in production of useful output.

Strategies for improving productivity includes separation, self-service, automation, and scheduling.

When there is seperation in services available to a customer, they easily identify the most relevant one to them.

Self service gives control of the process to the customer, resulting in greater satisfaction.

Automation reduces the turnaround time of processes and refocuses labour to more complex activities. So production efficiency increases.

Scheduling reduces time wastage by assigning time to complete activities.

4 0

3 years ago

Which of the following are integral parts of the managerial process of crafting and executing strategy?

iVinArrow [24]

Answer:

The correct answer is a. Developing a strategic vision, setting objectives, and crafting a strategy .

Explanation:

Management has the responsibility of charting the strategic course, establishing a series of objectives that allow it to choose a strategy that allows achieving everything planned. Likewise, the board of directors is responsible for defining and executing such strategies.

The management process has the following stages:

1. Define strategic vision.

2. Set Goals.

3. Develop the strategy.

4. Apply and implement the strategy.

5. Evaluate performance and implement controls.

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3 years ago

"In the past few years, McDonald’s has made a lot of changes to its menu, adding more healthy choices and more higher-priced ite

Andreas93 [3]

Answer: This can be explained as follows:-

Explanation: MCdonalds change in menus and adding more healthy choices does brings change in the traditional value chain of the company.

In traditional times company was mainly focused towards the taste of the product and to make the service as fast and as efficient as possible but now the company is taking care of the health of its customers. Company wants to attract new customer base of health conscious people. In traditional times company's aim was to make quick service to get the tables ready every time a customer walks in but today company wants to make the restaurant a place where people can sit and enjoy their meal for a while and company is taking help of technology in this.

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3 years ago