Answer:
False
Explanation:
Management decisions are based on multiple variables. Here, by variables we mean that internal and external factors. These can be any.
When making management decisions only financial measures are not present, rather measures for human resource, measures for production, measures for customer relations, measures for performance are all related to management decisions.
Now that depends on the kind of decision a management wants to take, it not necessarily relates to financial measures every-time.
Thus, the above stated statement is false.
Answer:
Net income from special order = $56,400
Blowing Sand Company should accept the order because it will increase net income by $56,400
Explanation:
In order to carry out an incremental analysis, only relevant cash flows should be considered.
The relevant cash flows from accepting the special order are the variable costs and the sales revenue.
Please, note that the fixed costs are not relevant for this decision. Simply because they would be incurred either way.
1. The sales revenue from the order- $30 × 9400 = $282,000
2. the variable cost of production $24 per unit × 9,400 = $225,600
The contribution from the special order would be determined as follows:
Contribution from special order = sales revenue - variable cost
= $282,000 - $225,600
= $56,400
Blowing Sand Company should accept the order
Instead of living in a service economy, we now live in a(n) Mixed economy.
Explanation:
- A mixed economy consist of both private and government /state owned economies which share control of owning, making, selling, and exchanging good in the country.
- U.S. and France are two example of Mixed Economy
Answer:
<em>Role conflict</em>
Explanation:
Role conflict arises <em>whenever there are inconsistencies in their daily lives or workplace between different roles or jobs that a person assumes or performs.
</em>
In certain instances, the conflict is the outcome of opposing responsibilities, resulting in a conflict of interest, in others, when an individual has roles that have different status, and it also arises when people are unhappy about what the duties should be for a specific role, be it in the personal or business regions.