Answer:
The correct answer is letter "A": salaries.
Explanation:
Estimating project costs of businesses allows measuring the profits and costs the organization might have during operations. That budget must include direct costs such as <em>employees' salaries</em>, materials such as supplies and equipment, and indirect costs like administrative expenditures.
One of the biggest non-monetary costs for hospitality customers is time.
<h3>What is non-monetary costs?</h3>
- When a buyer purchases a product, he not only spends money, but also other resources.
- These are referred to as non-monetary expenses, and they include time, convenience, effort, and psychological costs.
- Economists have recently come to understand that consumers make other trade-offs in order to receive goods and services in addition to paying a monetary price.
- As a result, demand is influenced by other expenses in addition to the monetary price.
- The idea of non-monetary expenses has grown in significance in social marketing.
- Non-monetary costs are another type of sacrifice that customers feel when they purchase and use a service.
Learn more about non-monetary costs here:
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Answer: The correct answer is "generic names"
Explanation: Certain brand names, such as Kleenex and Rollerblade, fear they could become <u>generic names,</u> because they are so commonly identified with a specific product category that consumers use these names to refer to any product in that category regardless of the manufacturer.
<u>This happens because the products are so identified with the name or logo of the brand that consumers wanting to refer to a certain product call it by the name of the brand.</u>
Answer:
D)determines the inventory on hand only at the end of the accounting period.
Explanation:
Due to the fact of <em>inflation, </em>change of prices over time, a periodic inventory system does not provide a better record over the cost of inventory because it is only determined once in the accounting period, usually at the end of it.
Meanwhile, a perpetual inventory system keeps a record showing the inventory at all time. That is every time a sale is made, cost of goods sold (cogs) is determined.
So if a business does not need to wait until the end of the accounting period to check (cogs), it is better to use a perpetual system.