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aniked [119]
2 years ago
13

In responsibility accounting, unit managers are evaluated only on things that they can:________

Business
2 answers:
hammer [34]2 years ago
7 0

Answer: have control over

Explanation:

Responsibility accounting is a system of accounting whereby responsibility centers are identified and the performance reports of such responsibility centers are prepared and analysed.

Responsibility accounting has to.do with the internal accounting for the responsibility center that the company has and their budgeting.

In responsibility accounting, unit managers are evaluated only on things that they can control or have control over.

tigry1 [53]2 years ago
7 0

Answer:

unit managers are evaluated only on costs they have control over

Explanation:

In responsibility accounting, one can simply see a system of control in which responsibility is assigned, just for the control of costs. People are  made responsible for the control of these costs and the right authority is usually being given to them to enable them keep up their performance as expected.

in any case, the performance deviates from the predetermined standards, then the persons who are asked to perform the duties shall be made responsible for it.

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In the long run, when marginal cost is above average total cost, the average total cost curve exhibits
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The answer is B



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3 years ago
All of the following statements related to preparation of the statement of cash flows under U.S. GAAP and IFRS are true except:
iVinArrow [24]

Answer: IFRS permits the classification of cash outflows for interest expense under operating or financing based on which one results in better cash flows from operating activities.

Explanation: The cash flow statement includes only inflows and outflows of cash and cash equivalents; it excludes transactions that do not directly affect cash receipts and payments. These non-cash transactions include depreciation or write-offs on bad debts or credit losses to name a few.

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3 years ago
An augmented product is any extra value that is attached to a physical product that is sold.
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An augmented product is something that has physical and non-physical attributes that add to the value of the product itself. 
4 0
3 years ago
The supply curve represents​ ___________. A. the maximum price buyers are willing to pay to buy an extra unit of a good. B. the
matrenka [14]

Answer:

The answer is: C) The minimum price sellers are willing to accept to sell an extra unit of a good.

Explanation:

A normal supply curve should move upward from left to right. The expresses the Law of Supply: (given that all other factors remain without change) As the price of a product increases, the quantity supplied should also increase.

For example:

An ounce of gold costs right now $1,500 and 100 ounces of gold are being traded right now at that price. If a new buyer comes in and wants to buy the 101th ounce of gold, then following a normal supply curve, the new buyer would need to pay more for that extra ounce of gold, maybe $1,510.

What the supply curve shows us is that given a certain price Y, a company will be willing to sell X amount of goods.  The more demand a product has (X + 1) > X, then the price Y will increase until a new balance is found.

8 0
2 years ago
The monopoly demand curve is _____________, while the perfectly competitive firm’s demand curve is _______________. This is beca
Amiraneli [1.4K]

Answer:

Downward sloping; horizontal line; demand; large number of competitors

Explanation:

A monopoly is a market structure where there is only a single firm in the market. This firm is a price maker. It can charge whatever price it wants, but the consumers will demand more at a lower price.  

That is why the demand curve of a monopoly is downward sloping and the same as the market demand curve.  

A perfectly competitive market refers to the market structure where there is a large number of buyers and sellers. These firms are price takers. They face a horizontal line demand curve. This is because of a large number of competitors producing homogenous products. So if a firm raises its prices the consumers will move to the firm at a lower price.  

The market demand curve though is downward sloping.

8 0
3 years ago
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