Business, 16.10.2019 01:00 macylen3900
The difference between a nominal variable and a real variable is that a. real variables are calculated in current-year prices and the nominal variables are measured in dollars of the base year to adjust for the effects of inflation. b. nominal variables are economic variables that are adjusted for inflation, whereas real variables are valued in today's dollars. c. real variables are divided by the price index and multiplied by 100 to obtain nominal variables. d. nominal variables are calculated in current-year prices and the real variables are measured in dollars of the base year for the price index to correct the effects of inflation.
Answers: 2
Business, 23.06.2019 00:30, hellothere2458
Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?
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Business, 23.06.2019 00:30, studybuddy0203
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Business, 23.06.2019 00:30, jordanbyrd33
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The difference between a nominal variable and a real variable is that a. real variables are calculat...
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