Answer:
The correct option is C
Explanation:
Provided rise in price increases the revenue from muffin.
That is by $35,000 to $38,000
Rates per muffin = $2 to $3 revised.
Demand at price of $2 = $35,000/$2 = 17,500 units
Demand at price of $3 = $38,000/$3 = 12,667 units approximately
Thus, with increase in price the demand gets to fall in number, though the revenue has increased.
Since the price is increasing by $1 per unit, thus the range is unit elastic.
The correct statement is C
Answer:
B. E-tax returns
Explanation:
E-tax returns is the electronic filing of tax returns via the internet. It entails online submission of pre-approved tax return forms available on the tax authority's website.
In recent years, governments have put measures to facilitate e-returns. It has simplified the process making it popular among taxpayers. Electronic tax filing has have contributed to having a high number of citizens registering as taxpayers.
Answer:
1. D
2. B
3. G
4. A
5. C
6. E
7. F
Explanation:
1. Notifies the materials manager to send materials to a production department: Materials requisition.
2. Holds costs of indirect materials, indirect labor, and similar costs until assigned to production: Factory overhead account.
3. Holds costs of direct materials, direct labor, and applied overhead until products are transferred from production to finished goods (or another department): Work in the process inventory account.
4. Standardizes partially completed units into equivalent completed units: Equivalent units of production.
5. Holds costs of finished products until sold to customers: Finished goods inventory account.
6. Describes the activity and output of a production department for a period: Process cost summary.
7. Holds costs of materials until they are used in production or as factor overhead: Raw materials inventory account.
Answer:
General Legder
Explanation:
A general ledger is a title given to the entire accounting system of a company. The general ledger comprises all the accounts used in the bookkeeping system of a company. It sorts and summarizes a company's financial transactions.
The general ledger keeps and maintains information required to prepare the company's financial statements.
Answer:
A. determining the likelihood that vulnerable system will be attacked by specific threats.
Explanation:
When carrying out risk management, it is important to first identify the risks, and then to assess and prioritize the risks in order of likely occurrence, and the find ways to reduce them.
In the <u>risk identification stage, it is important to </u><u>determine what systems are vulnerable and how likely they are to be attacked by specific threats.</u>
