A fixed price is for a fixed scope of work
A variable cost is a cost that varies in relation to level of output (either production volume or services provided). Examples for variable costs in running a flower shop are: the shipping cost will vary because it will depends of the number of flower that will be ordered. Also direct materials (like decoration materials) will vary, depending on the number of buyed flowers.
Answer:
5. Emma may not be as dedicated to the firm as other permanent employees
Explanation:
Logistics as a business activity is concerned with efficient movement of goods with least pilferage and spoilage and at the same time, as promptly as possible.
Handling customer queries requires utmost politeness, patience and humility and such a function is very sensitive since a small error or wrong attitude can drastically affect customer preferences and business sales.
In the given case, Ali's argument can only be strengthened by the fact that Emma is a temporary employee and it cannot be expected of her to discharge her duties with the same dedication as a permanent employee would.
Temporary employees know their term of employment beyond which they most likely seek job elsewhere. Whereas, a permanent employee would usually be more dedicated since he would have better sense of belongingness with the company.
Answer:
A relevant account from the chart of accounts
Explanation:
QuickBooks is an accounting software that is designed to assist users with little accounting experience manage their financial records.
Transactions in QuickBooks are classed as products and services. These are mapped to relevant accounts in the chart of accounts.
For example mapping can be done to asset or liability accounts.
When mapping there are three classes products and services can be mapped to:
-Inventory
-Non inventory
-Services
When setting up new product and service the appropriate class is chosen and relevant account is assigned to the product or service.
For example sales tax is mapped by default to sales tax payable account.
