I'm pretty sure the US dollar is becoming less valuable as prices of things typically keep going up
Standard costs have the following characteristics which include:
- Used in preparing fixed budgets.
- Based on past experience and data.
- Used in preparing flexible budgets.
<h3>What is Standard cost?</h3>
This refers to the estimated cost involved in the production of goods and services and is usually compared with the actual cost to measure disparities.
It is usually gotten based on past experience and data and can be used to prepare different types of budget used by different organizations and government as a whole.
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For example if you were writing someone playing football
Past : he was playing football
Present : he is playing football
So present tense is something going on in that moment
Answer:
I find this question really interesting, and id love to give you my perspective on the pros of knowing how to calculate, discounts, sales taxs and
ect!
Explanation:
Why I believe it is important to know how to calculate on your own, there can be cases where an item is on sale for x% off, maybe a store clerk doesnt include the discount, by knowing how to calculate what percentage was supposed to be taken off of the item you can tell the clerk!
of if you were to work in a store you would need to calculate discounts too even though we have the technology doesnt mean it always works or is right, its a good back up!
There are many instances where, you being the costumer or clerk should know what discounts you are getting,or giving, its just percaution for the future!
~ hoped this helped!!
