Which of the following equations can be used to compute a labor efficiency variance (where AH = actual hours; SH = standard hours allowed; AR = actual rate; SR = standard rate)?
Multiple Choice
a. [SR × (AH − SH)]
b. [AR × (AH − SH)]
c. [AR ÷ (AH − SH)]
d. [SR ÷ (AH − SH)]
Answers
The correct equation to compute a labor efficiency variance is [SR × (AH − SH)]. option a.
The labor efficiency variance measures the difference between the actual hours worked (AH) and the standard hours allowed (SH) multiplied by the standard rate (SR). This variance helps determine the efficiency or inefficiency in utilizing labor resources.[AR × (AH − SH)], is incorrect because it uses the actual rate (AR) instead of the standard rate (SR).
The labor efficiency variance is based on the standard rate, as it reflects the expected cost of labor per hour.[AR ÷ (AH − SH)], is also incorrect because it divides the actual rate (AR) by the difference between actual hours and standard hours. This equation does not align with the concept of labor efficiency variance.[SR ÷ (AH − SH)], is also incorrect because it divides the standard rate (SR) by the difference between actual hours and standard hours. This equation does not correctly calculate the labor efficiency variance.In summary, the correct equation to calculate the labor efficiency variance is [SR × (AH − SH)].option a.
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Related Questions
Which parts of the care plan do you recommend to be reviewed and revised? Guidance: List specific parts of the care plan that outlines task that are outside the scope of your knowledge, skills or j"
Answers
I recommend reviewing and revising the parts of the care plan that include tasks outside the scope of my knowledge, skills, or jurisdiction.
It is important to ensure that the care plan aligns with the expertise and capabilities of the relevant healthcare professionals.
As an AI language model, I don't have access to personal information or specific care plans. However, I can provide general guidance on reviewing and revising care plans. It is crucial to assess the care plan for any tasks that require specialized training, qualifications, or medical expertise beyond what I can provide. In such cases, it is advisable to involve healthcare professionals who are appropriately trained and licensed to handle those specific tasks. Collaborating with healthcare providers ensures that the care plan is accurate, safe, and aligned with the professional standards and regulations governing healthcare practices.When reviewing and revising a care plan, it is essential to consider the following aspects:
1. Task-specific expertise: Identify tasks within the care plan that require specialized knowledge, skills, or certifications beyond what an AI language model can provide. These tasks may include complex medical procedures, administering certain medications, or conducting specific diagnostic tests.
2. Legal and regulatory considerations: Ensure that the care plan adheres to the relevant laws, regulations, and guidelines governing healthcare practices in your jurisdiction. This includes understanding the scope of practice for different healthcare professionals and ensuring that tasks are assigned to the appropriate individuals.
3. Interdisciplinary collaboration: Involve a multidisciplinary team of healthcare professionals in the review and revision process. Each team member can provide input based on their specific expertise and ensure that the care plan is comprehensive and well-rounded.
4. Patient-specific factors: Consider the unique characteristics and needs of the individual patient when reviewing the care plan. Factors such as medical history, allergies, and personal preferences should be taken into account to tailor the care plan accordingly.
5. Continuous evaluation: Regularly assess the effectiveness of the care plan and make necessary revisions based on feedback, patient outcomes, and new evidence-based practices. Care plans should be dynamic and adaptable to changes in the patient's condition and evolving medical knowledge.
By carefully reviewing and revising the care plan, you can ensure that it is accurate, safe, and tailored to the specific needs of the patient while involving the appropriate healthcare professionals for tasks outside the scope of an AI language model.
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How long do cross-departmental teams work together?
Answers
Answer:
First, department heads should be modeling cross-departmental collaboration by regularly and visibly engaging with each other – and with each other’s teams. If they notice that their department is becoming too isolated or is hesitant to collaborate with others, these leaders should be the first to start building bridges, and not just directing others to do so. Second, you need a mechanism in place to effectively collect employee feedback, in a way that makes employees feel safe from any negative consequences for speaking up.
Explanation:
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For which of the following accounts and assertions is an auditor likely to perform their substantive testwork at an interim date, with rollforward procedures to the year-end balance sheet date?
I. Existence of Cash
II. Occurrence of Revenue
III. Completeness of Accrued Liabilities
O I and II only
O I and III only
O II and III only
O II only
Answers
The correct answer is:
O II and III only
An auditor is likely to perform substantive testwork at an interim date, with rollforward procedures to the year-end balance sheet date, for the occurrence of revenue (assertion II) and the completeness of accrued liabilities (assertion III).
For the existence of cash (assertion I), it is generally more appropriate to perform substantive procedures closer to the year-end, as cash balances can change frequently and significantly. Therefore, substantive testwork for cash is typically conducted near the year-end date rather than at an interim date.
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What action can you take to provide the most help to a team that has worked together for more than a year and is familiar with the project work
Answers
Answer: Aim should be reemphasized regularly, deadlines set and there should be a reward system.
Explanation:
Over familiarity breeds negligence or lost of steam or enthusiasm in a project. They are things that should be put into place to avoid being to familiar with projects and sleep on them;
- The aim and objective for which the was started should be reemphasized daily or weekly, this would help the team have it in mind that they would need to be on their best
- Deadline should be sets for smaller aspect of the project. The project should be split into phase and deadlines set to meet up each phase
- There should be a reward system. This strengthens the team to do more and make the team know that their value and input is well appreciated
How does a command economy answer the three economic questions?
(1) what to produce, (2) how to produce, and (3) for whom to produce.
Answers
Answer:
key terms in purest from a market economy answers the three economic questions by allocating resources and goods through markets where prices are generated. In its purest form, a command economy answers the three economic questions by making allocation decisions centrally by the government.
Answer:
is it (3) for whom to produce.
Explanation:
A basic interest rate that is not adjusted for inflation is called a(n)___ interest rate.
Answers
A basic interest rate that is not adjusted for inflation is called a nominal interest rate.
What is Inflation?It should be noted that inflation simply means the increase in the prices of goods and services.
In this case, nominal interest rate is the basic interest rate that is not adjusted for inflation.
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Answer:
Nominal is the answer
Explanation:
1.Discuss scale of business -micro, small, and medium enterprises -Large scale enterprises and public enterprises -MNC
Answers
Answer:
The main difference between these business is the investment and number of people.
Explanation:
A micro enterprise is an enterprise where investment in plant and machinery is less than one million whereas small enterprise has the investment less than 15 million in plant and machinery. A medium enterprise is an enterprise where the investment in plant and machinery is more than 15 million and less than 100 million. Large scale enterprises is a type of enterprise have more employees and more complex management than in the medium-scale businesses. Public enterprise is a type of business organization wholly or partly owned by the state but controlled through a public authority.
One of the following lists constitutes the five Cs of credit. Select the correct one.
Character, capacity, capital, collateral conditions
Answers
The correct list of the five Cs of credit is: Character, Capacity, Capital, Collateral, and Conditions.
These five Cs of credit are crucial factors that lenders consider when evaluating a borrower's creditworthiness. Character refers to the borrower's credit history and trustworthiness. Capacity assesses the borrower's ability to repay the loan based on their income and debt levels.
Capital examines the borrower's assets and net worth, which can act as a financial cushion in case of difficulties repaying the loan. Collateral represents the assets pledged by the borrower to secure the loan, which can be seized by the lender if the borrower defaults.
Lastly, conditions take into account external factors, such as the economic climate or industry trends, that may impact the borrower's ability to repay the loan.
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Nickleson Company had an unadjusted cash balance of $5,505 as of May 31. The company's bank statement also dated May 31, included an NSF check in the amount of $90 written by one of Nickleson's customers.There were $883 in outstanding checks and S240 in deposits in transit as of May 31.According to the bank statement,service charges were $90,and the bank collected a note receivable of $1,050 for Nickleson.The bank statement also showed $20 of interest revenue earned by Nickleson Required Determine the true cash balance as of May 31.Hint It is not necessary to use all of the preceding items to determine the true balance) irus.caishbolsnce
Answers
To determine the true cash balance of Nickleson Company as of May 31, we need to consider the following:
1. Start with the unadjusted cash balance: $5,505.
2. Deduct the NSF (Non-Sufficient Funds) check written by a customer: -$90.
3. Subtract the outstanding checks: -$883.
4. Add the deposits in transit: +$240.
Now let's calculate the true cash balance:
Unadjusted cash balance: $5,505
- NSF check: -$90
- Outstanding checks: -$883
+ Deposits in transit: +$240
Calculation:
$5,505 - $90 - $883 + $240 = $4,772
Therefore, the true cash balance of Nickleson Company as of May 31 is $4,772.
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For various reasons and both internal and external factors, organizations engage in temporary improvement initiatives that are a departure from their day-to-day business. These projects are aligned with organizational goals and are undertaken to create what?
Answers
These projects are aligned with the goals of the organization and are undertaken to create
Tasks to be performed by the project teamA unique product, service or resultOpportunity to changeReal resultsProject management is one of the management or procedures for managing important sources of income to complete the project from the beginning to the completion of the project. Project management can be applied to any type of project and is widely used to complete large and complex projects. The main focus of project management is the achievement of all project goals with all available constraints, time and available funds. In planning the making of a system project, it takes a variety of components involved in it.
One thing that must be considered / prioritized by a project manager in planning is to calculate, both qualitatively and quantitatively, and the risks that will occur in the process of working on the project.
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If left uncontrolled the high blood pressure can cause 1. Kidney disease 2. Heart failure 3. Stroke 4. All of above
Answers
If left uncontrolled, high blood pressure can cause kidney disease, heart failure, and stroke. Therefore, the correct option is 4. All of the above.
What is high blood pressure?High blood pressure, also known as hypertension, is a chronic medical condition that occurs when the blood pressure in the arteries rises above the normal range. It is defined as a systolic blood pressure of 140 mm Hg or higher and a diastolic blood pressure of 90 mm Hg or higher.
Blood pressure can be controlled by making lifestyle changes like adopting a healthy diet, engaging in regular exercise, limiting alcohol intake, avoiding smoking, and maintaining a healthy weight. In addition, doctors can prescribe medications to control blood pressure if lifestyle modifications alone are not effective.
If left untreated, high blood pressure can cause damage to your body's vital organs, including the kidneys, heart, and brain. Kidney disease, heart failure, and stroke are some of the severe complications that can arise due to high blood pressure. Therefore, it is critical to manage hypertension effectively.
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Consider the case study described below: You are the CEO of a chemical company GLASSTIC SA and you want negotiate with the CEO of your competitor, company DURAPLAST SA, to stop using a chemical substance called BFE in the production of plastic drinking glasses and replace it with chemical substance called GFE that is more environmentally friendly but costs double. If only one firm adopts GFE, it will be not able to compete a cost-efficient but polluting rival and will make losses. If both firms adopt GFE, they will both stay into business with positive but lower profits (as compared to both continuing using BFE) but most importantly, in the future, they will be able to export to other countries that have more strict environmental regulations and sell their products to a larger consumer market. Investors are thinking positively about this agreement which will presumably increase the stock market price of both companies. Discuss the following questions! Determine interests. Use a simplified interest grid in order to write down your interests including their category, your understanding of each issue as well as the understanding of this issue by the other team.
Answers
The main interest of GLASSTIC SA in negotiating with DURAPLAST SA is to promote the adoption of the more environmentally friendly chemical substance GFE in the production of plastic drinking glasses.
GLASSTIC SA, as the CEO of a chemical company, recognizes the importance of sustainable practices and wants to replace the use of the polluting chemical substance BFE with the more eco-friendly alternative, GFE. By doing so, GLASSTIC SA aims to reduce environmental harm caused by the production process and align with the growing demand for environmentally responsible products. This interest falls under the category of environmental sustainability and corporate social responsibility.
On the other hand, DURAPLAST SA, as GLASSTIC SA's competitor, may have different interests. Their primary concern could be maintaining cost efficiency and profitability by continuing to use the cheaper but polluting chemical substance BFE. They may prioritize short-term financial gains over long-term environmental sustainability. Additionally, DURAPLAST SA may not fully understand or appreciate the potential benefits of adopting GFE, such as accessing new consumer markets and complying with stricter environmental regulations in the future.
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i
need the solution of each answer please
Use the following EPQ inventory model to answer Questions 1-7. Q 2200 600 t 10 (days) Time 1. The daily demand rate? t = 10=q/p=2200/p=10> p= 220> Imax=600=10 (220-d) > d=160 2- The length of the prod
Answers
The following are the solution for the given problem.Solution1. Daily demand rate:The formula for daily demand rate is given as;D = Q/tWhere;Q = Order quantityt = TimeTherefore, the daily demand rate (D) can be calculated as;D = Q/t = 2200/10 = 220 units/day.
Given data:Q = 2200t = 10 days2. Length of production run:The formula for the length of production run is given as;Imax = (Q/t)(t-d)Where;Imax = Maximum inventory levelQ = Order quantityt = TimeD = Lead time.
Therefore, the length of production run (d) can be calculated as;d = t - (Q/Imax)Using the given data, we have;Imax = 600 unitsQ = 2200 unitst = 10 daysSubstituting the values, we get;d = 10 - (2200/600) = 6.67 days approx.The length of the production run is 6.67 days.
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the question is in the picture, please help!!
Answers
Answer: At a trial in a U.S. District Court, witnesses give testimony and a judge or jury decides who is guilty or not guilty — or who is liable or not liable. The appellate courts do not retry cases or hear new evidence. They do not hear witnesses testify.
Explanation:
Employers will consider an application valid even if it has not been signed.
T or F
Answers
How to convince people to buy your wine.
Answers
Answer and Explanation:
Talk them into it..
Answer:
either make an ad, or make the wine actually delicous and do not click-bait. click-baiting will have your chances on people buying your wine to a lower chance.
american business students may be at a disadvantage because ________.
Answers
American business students may be at a disadvantage because of a narrow focus on domestic markets and limited exposure to international business practices.
While American business education offers comprehensive training in various areas of business, the primarily domestic focus of the curriculum can limit students' understanding of global markets and international business dynamics. In an increasingly interconnected and globalized economy, this lack of exposure to international perspectives and practices can put American business students at a disadvantage compared to their counterparts from other countries.
International business involves unique challenges, such as cultural differences, varying legal frameworks, and diverse market conditions. Students who have a broader understanding of international business practices and global markets are better equipped to navigate these complexities and seize opportunities beyond their home country. They can develop cross-cultural competence, adaptability, and a global mindset, which are crucial skills for success in today's global business environment.
Furthermore, globalization has led to the integration of economies and increased competition on a global scale. Businesses must be able to compete in international markets and understand the nuances of conducting business across borders. Exposure to international business practices can provide students with insights into different strategies, approaches, and market dynamics, fostering a more well-rounded and adaptable skill set.
To address this disadvantage, many business schools in the United States have recognized the importance of international exposure and have incorporated international components into their curricula. This may include study abroad programs, international internships, guest lectures by global business leaders, or collaborations with international partner institutions. These initiatives aim to broaden students' perspectives and equip them with the knowledge and skills necessary to succeed in the global business landscape.
In summary, the primarily domestic focus of American business education can put students at a disadvantage in today's globalized economy. Expanding the curriculum to include international perspectives and providing opportunities for exposure to global business practices can help bridge this gap and better prepare American business students for success in the international arena.
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Which best describes the similarity and differences between the Construction pathway and the Maintenance/Operations pathway?
Answers
Answer:
into how many geographical region Nepal has divided? describe them in a few line
Answer:
the answer is C
Explanation:
hope this helps
Explain in detail two engagments. ASAP
Answers
Answer:
easy a
Explanation:
easy a
If consumers suddenly became more optimistic a) they would spend more at any given inflation rate b) planned expenditures would decline c) the aggregate demand curve would shift to the left d) none of the above apply
Answers
If consumers suddenly became more optimistic, they would likely spend more at any given inflation rate. Increased optimism can lead to increased consumer confidence, which may encourage consumers to spend more on goods and services.
This increase in spending would result in an increase in aggregate demand.
As a result, option A is the correct answer - "they would spend more at any given inflation rate". This means that even if the inflation rate remains constant, consumers' increased spending would lead to a higher level of economic output and potentially higher inflation in the long run.
Option B, "planned expenditures would decline", is not applicable since increased optimism would likely lead to increased planned expenditures.
Option C, "the aggregate demand curve would shift to the left", is also not applicable since increased consumer spending would actually shift the aggregate demand curve to the right, as it represents an increase in overall demand for goods and services.
In summary, if consumers suddenly became more optimistic, they would likely spend more at any given inflation rate, resulting in an increase in aggregate demand.
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"Success or failure of any Industry depends on the management of human resources." Explain it with examples.
Answers
Answer
Human resource management is viewed as a significant administration movement by numerous bigger partnerships, not just a "workforce" division as it was viewed a few decades prior. Without a powerful human asset supervisory group, huge organizations today would track down it troublesome in the event that not difficult to staff, train and foster those specialists who basically make up the organization and add to its progress in the business climate. Without the ideal individuals, no business will prosper and develop to become one that stands separated from the competitors. Strategic the board, preparing and improvement, modern relations, and hierarchical ways of behaving are only a couple of the viewpoints that fall under human asset the executives today.
Explanation:
The management of human resources determines whether an industry succeeds or fails. Management of human resources is crucial to the operation of an industry. Managers of human resources plan, organize, and oversee an organization's administrative operations.
What is Human Resource Management?
The administrative tasks of an organization are planned, coordinated, and led by human resources managers. They supervise the hiring, interviewing, and onboarding of new employees, and assist chief executives with strategic planning.
The Master's Program in People Management and Organizational Development equips students with the in-depth knowledge, teamwork, analytical, and communication abilities necessary to support firms in successfully and sustainably expanding their operations.
In a workplace and organizational environment that is continually evolving, the curriculum provides students with the most recent information in people management and organizational development.
Thus, it is important for the student working as a human resource to come from that specific field.
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Al is participating in a research study on his smartphone. This is an example of _______ marketing research.
Answers
Answer: The answer is mobile hope this helps have a great day
Explanation:
AI is engaging in the research study through his smartphone is a considered to be an example of mobile marketing research.
What is meant by marketing?Marketing is the process of engaging in promoting the manufactured goods or services in front of the customers which induces them to buy it.
When the research relating to marketing is done through usage of smartphones, then that kind of research is called as mobile marketing. It involves the usage of content by using the functions of smartphones.
Therefore, the provided research done by AI is regarded as the mobile marketing research.
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What does respecting people’s privacy mean?
Answers
Lana applies for a firefighter’s job with Metro City, which responds with a letter setting an appointment for a medical exam. The letter also states that it is "an employment offer conditioned on the applicant passing the exam." This letter is​
Answers
Answer: a unilateral contract that Lana can accept by passing the exam.
Explanation:
A unilateral contract is a form of contract agreement whereby the offeror promises to do a particular thing or pay a certain amount after a specified action has occured.
In this scenario, Metro City would only give an employment offer to Lana if she passes her exam. This is a unilateral contract that Lana can accept by passing the exam.
1. What PECs must she possess if there are customer who complain about the quality of her product???
a.patience
b. hardworking
c. versatile
d. all of the above
2.which of the following is not considered as a characteristics of an entrepreneur??
a.copes with failure
b. dependent
c.persistent
d. opportunity seeker
3.If she wants to ensure a profitable business operation, what characteristics will she maintain??
a.commitment
b.goal oriented
c.futuristic or future oriented
d. opportunity seeker
4.Mrs. Magno follows the advice of a friend to be flexible especially if she intends to open a retail business.
What PECs has been demonstrated by mrs. magno??
a.self confidence
b. reliable and has integrity
c.responsive to feedback
d. persistent
5.She tells mary , her best friend that she has a strong will and does not give up to find a solution to a business problem.
What PECs has been demonstrated by Mrs.Magno
a. hard work
b. persistence
c. self confidence
d. risk taking
Please I need help
Answers
Answer:
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After reading through these pages and completing some of the activities, do you believe the decision to start a new business is a good one or would you advise that person to continue looking for employment? What are your reasons for coming to this conclusion?
Answers
Incomplete question. I answered from a general perspective.
Answer:
Yes, if circumstances allow
Explanation:
While it may be best for someone to start a new business rather than go on looking for employment, it is also not always going to be the best option for some other person.
However, here are some advantages/benefits of starting a new business instead;
Become your own boss. By so doing you become self-employed; having the ability to control how to run your business. Gives you the privilege of earning additional personal income.Work flexible hours.How do your parent(s) or guardian(s) and your own spending and saving habits
compare and contrast from one another? Write the similarities and differences.
Answers
Answer:
I spend more than them ngl lol dead
Explanation:
My parents are the ones who pay for the gas, bills, buying groceries, and other necessities using the money that they earn. I save all the money I earn from my job and seldom buy stuff compared to my parents. The few purchases I made were not necessary for me to survive, but I really wanted it. My parents and I always consider the price of something before we buy it so as to not waste money. Also, we always try to save up some of our money as well.
Suppose that nominal GDP growth is 4.6% and real GDP growth is -5.5%. What is (approximately) the inflation rate? (Submit your answer with up to two decimals, le., 10.22 for 10.22% and 11.44 for 11.442%.) Hint: It may be useful to think of Nom GDP as being equal to P multiplied by Y, where P is the price index and Y is real GDP.
Answers
Nominal GDP is the value of all goods and services produced in an economy, measured in current prices. It includes the effects of inflation or changes in prices.
To calculate the inflation rate, we can use the formula:
Inflation rate = (Nominal GDP growth - Real GDP growth) / Real GDP growth * 100%
Plugging in the values:
Inflation rate = (4.6% - (-5.5%)) / (-5.5%) * 100%
Inflation rate = 10.05%
Rounded to two decimals: 10.05%
In this case, we see that nominal GDP is growing at a rate of 4.6%, while real GDP is shrinking at a rate of -5.5%. This means that prices are rising faster than the actual production, and the inflation rate is positive, calculated to be approximately 10.05%.
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Hester (age 17) is claimed as a dependent by his parents, charlton and abigail. In 2017, hester received $10,000 of qualified dividends and he received $6,200 from a part time job. What is his taxable income for 2017?
Answers
The taxable income for 2022, given the amount that Hester received from his part time job, and qualified dividends, would be $3700.
Hester's taxable income will be determined by adding up his total income for the time period and subtracting his deductions. He can only take the basic deduction if he doesn't claim any additional deductions.
Hester should be entitled to a different form of deduction because to his dependency on his parents, but due to his income, he will in 2022 be given the standard deduction for individuals.
= Qualified dividends + Income from part time job - Standard deduction
= 10, 000 + 6200 - 12,500
= $ 3700
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For the majority of millennials, the cost of paying off their student loans has wound up holding them back from living on their own, making major purchases like buying home and even being able to start a family…
Trade schools cost a fraction of what public and private schools cost. The average cost of vocational school comes out to around $33,000 – for the entire education. This the average cost of a single year of college.
–"The Financial Case for Trade School Over College," Mel Bondar, US News
According to the text, why is trade school more economical for some students? Select two that apply.
a). The cost of attending trade school is cheaper than the cost of a 4 year college.
b). Trade school graduates make more money than college graduates.
c). The cost of attending a 4 year college is offset by higher earnings in the long run.
d). Students who chose trade school over college often make better financial decisions.
e). Students who graduate from trade school have less debt than college graduates.
Answers
Answer:
A) The cost of attending trade school is cheaper than the cost of a 4 year college.
E). Students who graduate from trade school have less debt than college graduates.
Explanation: I just took the test on a virtual course and got it right. Hope this helps :)
Trade school more affordable for some students cost, according to the text A trade school is less expensive to attend than a four-year university. Thus option (a, e) is correct.
What is the cost?A cost is the amount of money that has been spent to produce something or provide a service and is thus no longer accessible for use. In business, the cost could be one of acquisition, in which case the money spent to obtain it is recognized as cost. In this situation, money is the input that is used to purchase the item.
If you set a goal of 5 jars of mayonnaise and only have 2 on hand, you know you need to order 3 more. Private expenses are the costs borne by the buyer of a commodity or service. This is also known as the costs associated with the firm's production function. External costs (also known as externalities) are the costs borne by people other than the buyer.
Therefore, Thus option (a, e) is correct.
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