4. As it is not the finance departments job to keep up with reputation and how they look.
Answer:
The correct answer is letter "B": business process.
Explanation:
A business process is the set of steps stakeholders structurally follow to produce a good or service that is useful for an organization. The business process is also related to the activities carried out in a firm to achieve an objective. These activities could be performed at <em>management, operational </em>or <em>support level</em>.
Answer: Price of related goods
Explanation:
Cross elasticity of demand measures how sensitive purchases of a specific product are to changes in the <em>price of related goods</em>. Related goods can be substitutes (used in place of each other) or complements (used together). Cross price elasticity of substitute goods is positive, as a rise in the price of substitute good leads to a rise in the demand for the other substitute good. While, cross price elasticity of complementary goods is negative, a rise in the price of complementary good will lead to a fall in the demand for the other good.
Answer:
E. Customer satisfaction
Explanation:
Customer satisfaction is a benefit and not a cost.
Answer:
C. $1,832 F
Explanation:
The spending variance for equipment and supplies can be calculated as below:
Spending variance = Actual spending - Standard Spending
= Actual cleaning equipment and supplies - (Planned boat activity x Cost per boat activity + Fixed planned cleaning equipment and supplies per month)
= 3,470 - (58 x 49 + 2,460) = - $1,832 (Favourable).