Fixed costs that usually arise from annual spending decisions by management are discretionary costs.
<h3>What is CBA?</h3>
CBA is an acronym for cost-benefit analysis and it can be defined as a financial technique (utilitarianism) which is used by individuals, business firms and government to examine and compare the cost that is associated with a product, project or task and the benefits that would be derived from it.
<h3>What is a
discretionary cost?</h3>
A discretionary cost can be defined as a type of fixed cost that is usually generated from various annual spending decisions by the executive management of a business organization.
Read more on discretionary cost here: brainly.com/question/20166143
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Healthy living and exercise were very important in the ancient civilization known as ancient Greece.
The other countries were hedonists, they enjoyed life and food very much.
Some of the characteristics are:
1. Labour is original and indispensable factor of production
2. Labour is an active factor of production
3. Labour is perishable than any other commodity 4. Labour cannot be separated from the labourer and Others.
Characteristics
1. Labour is original and indispensable factor of production:
Labour is original and indispensable factor of production without it the work of production is not possible.
2. Labour is an active factor of production:
Land and capital are considered as the passive factor of production, because they alone cannot start the production process. Production from land and capital starts only when a man makes efforts. Production begins with the active participation of man
3. Labour is perishable than any other commodity:
Labour is more perishable than other factors of production. It means Labour cannot be stored. The Labour of an unemployed worker is lost forever for that day when he does not work.
4. Labour cannot be separated from the labourer:
Land and capital can be separated from their owner, but Labour cannot be separated from a labourer. Labour and labourer are indispensable for each other. For example—It is not possible to bring the ability of a teacher to teach in the school, leaving the teacher at home. The labour of a teacher can work only if he himself is present in the class.
Explanation:
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Accumulate is to gather and amount of things over an amount of time
That statement is true
For example if you lend $ 100,000 to your friend with 10% interest rate per year,
The initial $ 100,000 is the one that you consider as principle.
Meanwhile the amount of money that considered as interest is $100,000 x 10% = $ 10,000 per year.