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Ilya [14]
3 years ago
8

ISO 9000 is a certification program attesting that a factory, laboratory, or office has met the rigorous requirements set by the

International Organization for Standardization.
Business
1 answer:
Semenov [28]3 years ago
7 0

Answer:

True.

Explanation:

ISO 9000 is a certification program attesting that a factory, laboratory, or office has met the rigorous requirements set by the International Organization for Standardization.

Basically, the ISO 9000 is a tripartite continuous process that involves planning, controlling and documentation of quality in a business firm or organization.

This ultimately implies that, the ISO 9000 is a set of standards that typically guides an organization in ensuring that they meet both the stakeholders and consumer requirements or needs with respect to their products and services under statutory and regulatory requirements at a specific period of time.

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You buy a bond for $980 that has a coupon rate of 8% and a 10-year maturity. a year later, the bond price is $1,200. (assume a f
adelina 88 [10]
What's the mass of the sun
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3 years ago
A firm's average total cost is minimized when it produces 10 units. When it produces 10 units, the average total cost is $5/unit
timurjin [86]

Answer:

$5/unit

Explanation:

In the theory of production cost, the relationships between average total cost and marginal cost are as follows:

1. When the average cost is increasing, the marginal cost will be greater than the average cost.

2. When the average cost is decreasing, the marginal cost will be less than the average cost.

3. When the average cost at the minimum, the marginal cost equals the average cost.

Based on number 3 above, the marginal cost when the firm produces 10 units is $5/unit since the firm's average total cost is minimized when it produces 10 units.

5 0
3 years ago
Which of the following statements regarding the statement of cash flows is incorrect?
hoa [83]

Answer:

B. Due to its format and level of detail, most individuals have difficulty comprehending the information reported in the statement of cash flows.

Explanation:

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.

The following statements regarding the statement of cash flows are correct;

I. The statement of cash flows presents a detailed summary of all the cash inflows and outflows, or the sources and uses of cash during the period.

II. The income statement, the statement of stockholders’ equity, and the balance sheet each present some information about the cash flows of an enterprise during a period.

III. The statement of cash flows reports the following:

(1) the cash effects of operations during a period,

(2) investing transactions,

(3) financing transactions, and

(4) the net increase or decrease in cash during the period.

3 0
3 years ago
Identify whether each of the following statements identifies a microeconomic issue or a macroeconomic issue.
Alex777 [14]

Answer:

a. Mika negotiates a long-term contract for capital equipment for her property management business.

Explanation:

Macroeconomics is a branch of economics that studies the economy as a whole. Macroeconomics studies economic aggregates such as inflation, unemployment, GDP and growth rate.

Microeconomics is a branch of economics that studies the decisions individuals and firms make in response to changes in economic factors. These factors include price, resources etc. it studies how firms and individuals allocate and make decisions about resources

a. Mika negotiates a long-term contract for capital equipment for her property management business. Thus it is a Microeconomic issue

4 0
3 years ago
What is NOT a type of statistical analysis approach for data analysis?
Lana71 [14]

Answer:

co-relationship

Explanation:

co-relationship  is not a type of statistical analysis approach for data analysis.

Types of statistical analysis approach for data analysis include;

Regression Analysis

Causal Analysis

Exploratory Analysis

In statistics we have correlation, which measures the degree of association between two quantitative variables.

5 0
3 years ago
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