Answer:
A. its operating income for the period will be higher than under absorption costing
Explanation:
As we know that
Under absorption costing, the fixed cost is divided on the number of units produced
And under the variable costing, the fixed cost is considered as a cost selling of goods so the absorption costing method will be lower than the value of finished goods.
As per the question, the started finished goods will help and sell the whole production and starting balance that means under absorption costing of goods which is to be sold is much than variable costing.
The main difference between service companies and retail or manufacturing companies is that retailers and manufacturers must account for;
- Inventory and Cost of Goods
Inventory refers to the goods in stock which the business wishes to sell in order to make a profit from.
Retailers and manufacturers produce items that will be sold and these items need to be stocked somewhere till the need for them arises.
The same is not applicable to service companies because they do not have physical goods to sell.
Also, the cost of goods refers to the direct cost of producing goods. Since service companies do not produce goods, this is not accounted for.
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Answer:
The correct answer is: b. conducting needs assessment.
Explanation:
Needs assessment often begins with a rigorous analysis of existing processes. This process will identify deficiencies and potential areas for improvement. Having identified the improvement needs, an analysis of the available technology, including an investigation of the methods used by other authorities, may indicate that there are one or several technological solutions to those needs.
At this stage it is possible to follow different consultation courses simultaneously:
Technical advisors can determine if the proposed technological solution is appropriate for the purpose set.
Financial advisors can estimate its cost and determine if it is affordable (see Affordable Prices and Budgeting).
Project administrators can determine if there is support within the electoral body for incorporation.
Senior officers may consult interested parties regarding the proposed change, if appropriate.
Alternative solutions can be explored to determine if there are less expensive or more effective options - not necessarily all solutions must be technological.
At the end of the needs assessment, there is likely to be a solid understanding of the need for change and a clear indication of the most appropriate option to meet the needs. This information can be used to prepare the next phase of the project development and implementation strategy, the business plan.
Answer:
The answer that is incorrect is D)
Explanation:
First of all, it is incorrect because if prices increase, real money balances decrease. The real money balances formula explains this fact:
Real money balances (RMB) = M/P
Where M is the amount of money and P the price level.
If P increases, then M will RMB will decrease.
If RMB are less, then, houses will find themselves poorer, not wealthier, and will decrease their spending, not increase it.
If demand increases and supply increases, the one that will happen is : equilibrium quantity will increases
When this happen, the product will be sold like crazy on the market, which will lead to an increase in equilibrium quantity
hope this helps
