What is mining? Explain why the real cost of goldis more than what most people pay for it. What aresome examples of costs not accounted for?

Q: What is the basic idea of zero working capital, and how is workingcapital defined for this purpose?

A: Zero working capital is a condition in which the current assets of the company balance exactly with…

Q: Why is long-term liability, despite having a nominal financial cost greater than own resources, in a…

A: Debt Financing Debt financing involves the borrowing of money and paying it back with interest. The…

Q: The lessor’s initial direct costs often are substantial. What are initial direct costs?

A: The costs which are associated directly with originating a lease and are essential to acquire the…

Q: explain how sunk costs create a barrier to entry into the market place.

A: Sunk costs are expenses that can not be retrieved if a corporation wishes to leave a market.

Q: In economic analysis we want to minimize the difference: (Benefits - Costs).

A: While conducting an economic analysis (cost-benefit analysis) the benefits must weigh greater than…

Q: Which of the following best describes an "opportunity cost"?     Expected future costs that differ…

A: Introduction: Opportunity cost: Cost for the opportunity lost called opportunity cost.

Q: How the system of cost accounting has overcome the limitations of financial accounting. Explain it…

A: Cost Accounting -: Cost accounting is a procedure of administrative accounting that aims to…

Q: Managers have some flexibility in setting the estimated useful lives of depreciable assets. Explain…

A: The managers can determine the useful life of assets. The depreciation per year depends on this…

Q: None

A: Detailed explanation:When income is flat or decreasing while revenue is increasing it is probably…

Q: Economic Profit?

A: Economic profit is different from the accounting profit earned, accounting profit is calculated at…

Q: True or False Question: Costs such as administrative salary expense and interest expense are more…

A: The cost of a product refers to the total amount of expenses incurred to produce or acquire a…

Q: What are the best methods for dealing with difficult-to-measure costs and benefits, such as the…

A: When we make decisions, we often need to consider both the costs and benefits of different options.…

Q: How does an “opportunity cost”,  subtracting from the revenue of an alternate course of action,…

A: Opportunity cost: Opportunity cost is a loss of income from one alternative if another alternative…

Q: Net realizable value is computed by: " ___________________ _________________ less estimated cost to…

A: SOLUTION- NET REALIZABLE VALUE - IT IS USED IN THE LOWER COST OR MARKET METHOD OF ACCOUNTING…

Q: Which of the following statements about a sunk cost is false? Question 11Answer a. It is relevant to…

A: In cost accounting, several type of cost classifications are there. These are like direct costs,…

Q: There can be no differential costs if the expenses are fixed. Is that what you're saying? Explain.

A: Variable and differential costs: What are they used for, and what do they mean: When two options…

Q: If net present value for a project is negative, then____. a. IRR is equal to Cost of capital b. IRR…

A: Net present value is the difference between the present value of cashflows discounted at the cost of…

Q: relevant cost analysis is: A. variable costs are always relevant. B. fixed costs are always…

A: When doing cost analysis for the company productions ,company is going to invest a lot of money so…

Q: why does fixed costs remain the same in total dollar amount but increases per unit as the level of…

A: Fixed costs means those costs which remain fixed in total dollar amount as the level of activity…

Q: A sunk cost can be described as which of the following?     A historical cost     Cannot be…

A: Sunk Cost: The sunk cost is the historical cost that already has been incurred previously, which is…

Q: Discuss what impact will an inaccurate progress estimate have on cash flow? . Discuss the reasons…

A: An inaccurate progress estimate can have a significant impact on cash flow for a project. Cash flow…

Q: What are some costs associated with high inventories? With lowinventories?

A: Cost associated with inventories are also known as inventory cost. Inventory cost can be classified…

Q: Why is it difficult to assign a dollar figure to an intangible cost? Can it ever be done? Explain…

A:

Q: What do you mean by revaluation model? (Answer should be related to Property, Plant & Equipment…

A: Property, plant and equipment also known as PP&E are defined as the long term assets, which is…

Q: What are the short and longer consequences of recognising cable revenue costs as capital spending

A: A company's capital expenditures (CapEx) are cash outlays for the purchase, improvement, and…

Q: When the contribution margin is not sufficient to cover fixed expenses: Multiple Choice total profit…

A: The contribution margin is calculated as difference between sales and variable costs. The excess of…

Q: What exactly is negative working capital?

A: Working capital is the difference between a bank's assets (cash, accounts receivable/unpaid customer…

Q: Revenues Costs: Variable cost of goods sold Variable selling and administrative expenses

A: Income statement: The financial statement which reports revenues and expenses from business…

Q: if costs are two high: Select one: a. Company loses work b. Company loses money C. It means error in…

A: Costs denote the amount that a company spends on the creation or production of goods and services.

Q: Why is poverty related to infrastructure and service provision?

A: Poverty is a condition in which an individual or community lacks the financial resources and…

Q: Why put the normal loss costing into the true loss account for abnormal loss?

A: Cost accounting: Cost accounting is a form of managerial accounting that aims to capture a company's…

Q: Why is there a need for reducing accruing expenses?

A: Accruing expenses are also called as accrued expenses. These are the expenses for which the company…

Q: Utility refers to the:   Question 55 options:   usefulness of a product   extent to which a…

A: Utility is important aspect for the customer.

Q: The labor supply curve   a. may slope either upward or downward, depending upon the real wage…

A: The correct option is  B. slopes downward to illustrate that a decrease in the real wage decreases…

Q: Is one that can be avoided or eliminated by making a decision not to invest, or to cease investing.…

A: Avoidable cost are relevant  cost which will cease to exist if the activity  ceases to exist. They…