Answer:
A. True
Explanation:
Fixed costs can be defined as predetermined expenses in a business that remain constant for a specific period of time regardless of the quantity of production or level of outputs. Some examples of fixed costs in business are loan payments, employee salary, depreciation, rent, insurance, lease, utilities etc.
Fixed costs may be relevant in a decision because it affects the amount of future cash-flow of a business entity.
For instance, the high fixed costs are usually a determinant for pricing a product that aren't produced in mass because to break even, businesses would need to rake in more revenues to meet the the increasing (high) fixed costs.
I would not change any specific company accounts before you in order to increase the company's figures.
<h3>
What is an accountant?</h3>
- An accountant is a person who practices accounting or accountancy.
- Accountants who have passed their professional associations' certification tests can use titles like Chartered Accountant, Chartered Certified Accountant, Certified Public Accountant, or Registered Public Accountant.
- Statute grants such professionals certain responsibilities, such as the ability to certify an organization's financial statements, and they may be held liable for professional misconduct.
- Non-qualified accountants may work for a qualified accountant or independently, with no legislative privileges or obligations.
As I am 100% honest with my work and work under ethics so I would not change any specific company accounts before you in order to increase the company's figures.
Therefore, I would not change any specific company accounts before you in order to increase the company's figures.
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Answer: C) $1.04/C$1
Explanation:
We define the inflation rate in a certain country as
- a rate at which the value of a currency is falling
- as a result the usual level of prices for goods and services keeps rising.
1 year ago the spot rate of U.S. dollars for Canadian dollars was $1/C$1.
That time inflation rate in US was 4% greater than in Canada.
So, the current spot exchange rate of U.S. dollars for Canadian dollars :
($1 + 4% of $1)/C$1
=($1+$0.04)/ C$1
=$1.04 / C$1
Hence, the correct option is C) $1.04/C$1
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The <span>management philosophy is known as is sustainability.
</span><span>Sustainability is defined as economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs.</span>