Answer: Pareto Chart
Explanation:
A Pareto Chart is a type of chart that mixes both the line and bar graphs.
It works by putting the Frequency of the complaint categories on the vertical axis and the category on the horizontal axis.
The frequency bars are arranged from the most frequent to the least frequent and then there is a line that shows the cumulative frequencies of the complaint categories.
The benefit of this graph is that one can see the most frequent complaint as soon as they look at the graph which is why it is most useful to this question.
I have attached an example to better explain.
Answer:
NONE
Explanation:
The change will not be retrospective but prospective because although accounting standards require that when a company changes accounting methods, it needs to restate its assets and income amounts; in the case of inventory is not practicable.
Adjusting previous years inventory balances from FIFO to LIFO will not be possible, hence there will be no prior-year adjustments
Military spending is not the right answer. I got it wrong.
Answer:
E) BEP (units) does not change
Explanation:
Use the following formula to calculate Break-even point in units:
BEP (units) = Fixed cost / (unit selling price - unit variable costs)
1) BEP (Units) before the change in costs is:
BEP (units) = 720000 / (30 -18) = 60,000 units
2) BEP (Units) after the change in costs is:
BEP (units) = 900000 / (30-15) = 60000units
--> BEP (units) does not change
Answer:
Spiff
Explanation:
Spiff: It is an financial incentive paid by manufacturer or employer to the salesperson for directly selling it´s product., sometime it is paid on achieving sales target by salesperson. It encourage seller to make more sales. Spiff stand for Sales performance Incentive Fund and it is paid quicker than commission.
In the given case, Automaker is paying spiff to dealers to encourage sales of it´s own brand over a competitor's product sold at the same store.
