A favorable direct materials cost variance occurs when the actual direct cost of the materials is lower than the budgeted cost of materials. Favorable direct materials cost variance would indicate<span> that there was savings with the cost for the direct materials used by the company.</span>
Planning, collecting, analyzing, and using data to improve your work. l
One way of representing attaining the positive externality by the government is through the promotion of education.
Option D is the correct answer.
<h3>What is an externality?</h3>
When the cost or advantage is received by a third party that is not related to the economic activity, then it is considered an externality.
A positive externality is the arousal of a positive effect on either production or consumption. The act of penalizing a company for pollution, imposing taxes on citizens earning more than $250,000 and the reduction in rates of interest would all be classified as negative externalities.
Therefore, the encouragement of education by the government is regarded as a positive externality.
Learn more about the externality in the related link:
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If
teamwork and support are high on your priority list, a closed corporation may
be a poor choice for a business.
A closed corporation is generally a smaller corporation, it means that it is held by a
limited number of shareholders and is not publicly traded. There are
many different types of corporations.
Answer:
Nominal Approach
Explanation:
The approach which is followed by manager is the Nominal approach or technique, it is that technique which involves the group process comprise of solution generation, decision making and problem identification.
It can be used many sizes of the group, who want to take a decision as by vote, rank but include everyone opinions. Therefore, in situation, this approach is used.