The governmentwide financial statements prepared for a municipality should include assets acquired by option b, that is all of the following funds: general fund, capital project fund, internal service fund, and enterprise fund.
Government financial statements report all the financial activity of the government that has occurred throughout the year. It reflects the revenue collected and spent by the government in that year. Therefore, a government financial statement prepared for the municipality has to include all assets collected from the capital fund, general fund, enterprise fund, and project fund.
Governmentwide financial statements present the financial position of the government as a complete entity. These statements help to understand the complete financial picture including financial assets, and long-term and short-term liabilities. Therefore, eliminating certain funds will be a misrepresentation of funds collected and falsify the financial position of the government.
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monitoring financial accounts and reading bank statements on a regular basis can help detect activities associated with a identity theft b property infringement. c personal hijacking. d securities fraud.
Monitoring financial accounts and reading bank statements on a regular basis can help detect activities associated with identity theft.
Finance is the study and discipline of money, currency and capital assets. Related to, but not synonymous with, economics, the study of the production, distribution, and consumption of money, assets, goods, and services (the discipline of financial economics combines the two). Financial activities take place in financial systems to a different extent, so the field can be roughly divided into personal, corporate and public finance.
In the financial system, assets are bought, sold, or traded as financial instruments such as currencies, loans, bonds, stocks, shares, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and loss minimization. In practice, risks are always present in any financial activities and entities. Within finance, there is a wide range of subfields due to its broad scope. Asset, money, risk, and investment management aims to maximize value and minimize volatility. Financial analysis is an assessment of the viability, stability, and profitability of an action or entity. In some cases, theories in finance can be tested using the scientific method, which is subject to experimental funding.
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the loss associated with the fact that at the profit-maximizing quantity consumers value the goods more than it cost to produce them is called
Lerner Loss. Consumer Value Loss. consumers are willing to pay more for the last unit of output than it cost to produce.
In business, what exactly is a consumer?The act of consuming an item or service is known as consumption. The terms "consumer" and "customer" are frequently used synonymously. This is just partially true. A client is an individual or business that makes purchases of goods or services. They could eat them or not.
A consumer example is...Any individual or group who uses a good or service for the last time is referred to be a consumer. Here are some illustrations: a someone who pays a hairstylist to cut and style their hair. corporation that purchases a printer for business purposes.
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ken places a $20 value on a cigar, and mark places a $17 value on it. the equilibrium price for this brand of cigar is $15. refer to scenario 12-1. how much total consumer surplus do ken and mark get when each purchases one cigar?
$2 total consumer surplus do ken and mark get when each purchases one cigar. Correct option(b)
Ken here willing to buy for 20-15 i.e 5
mark willing to buy for extra 2
hence diff will be 2 after the tax is levied.
concept and formula is used(consumer surplus may be defined as the diff btw the amount willing to pay for the good and the equilibrium price.)
What is the price at equilibrium?A market-clearing price, often referred to as an equilibrium price, is the consumer cost associated with a good or service when supply and demand are equal or nearly equal.
In each market, the equilibrium price is the one when supply and demand are equal. Thus, $6 a pound is the market's equilibrium price for coffee. The quantity that is required and provided at the equilibrium price is known as the equilibrium quantity.
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Full Question :ken places a $20 value on a cigar, and mark places a $17 value on it. the equilibrium price for this brand of cigar is $15. refer to scenario 12-1. how much total consumer surplus do ken and mark get when each purchases one cigar?
$0
$2
$5
$6
when can an investment adviser borrow from a client? a if the client is a broker-dealer b if the client is an accredited investor c if the client is the sister-in-law of the president of the investment advisory firm d under no circumstances
An investment adviser borrows from a client that if client is sister-in-law of the president of investment advisory firm.
What is an advisory firm?An investment bank that offers strategic and financial assistance to customers, primarily businesses, investors, and governments, is known as an independent consulting firm. Giving deal-specific guidance on mergers, acquisitions, and financing generally results in income. Unlike most independent firms, Roger Altman formed Evercore Partners in 1996. It offers equities research and underwriting services, as well as a wider range of investment banking services. Greenhill was established in 1996 as well. The distinction between smaller and larger organizations, where he spent the most of his career, led ex-UBS banker Blair Effron to create Centerview Partners in 2006. Following the 2007–2008 financial crisis, there was an increased awareness of conflicts of interest in the area of the bulge bracket Wall Street banks.
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it has been shown that in the absence of taxes and other market imperfections firm value will be unaffected by dividend policy. explain the logic behind this conclusion
According to Miller and Modigliani's irrelevance argument, a company's equity share price simply depends on its earning power and is unaffected by how earnings are distributed between dividends and retained earnings.
They noted that given the firm's investment strategy, the dividend policy had no impact on the market price of the share under ideal market conditions with rational investors and no tax differentiate between dividend income and capital appreciation.
According to MM Theory, the government's decision to freeze the dividend will have no effect on stock prices (Wealth of Shareholders). The loss of dividend income will be made up for by a gain in share value for the shareholders.
Since this activity is neither for nor against capital investment, it won't have any real-world effects. However, companies will raise less money from the market because some of the capital they'll need for additional investments will be in the form of retained earnings.
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companies often use more than one capital budgeting method to determine which capital investment to make.
true
false
Companies often use more than one capital budgeting method to determine which capital investment to make. true
The procedure a company uses to assess potential big projects or investments is called capital budgeting. Before a project is accepted or denied, capital budgeting is necessary. Examples of such projects include the construction of a new plant or a significant investment in a third-party enterprise.
Investors estimate the worth of new investment projects using capital budgeting. Payback period (PB), internal rate of return (IRR), and net present value (NPV) are the three methods of project selection that are most frequently used (NPV).
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Which of the following is a Benifit of hat
Answer: Protect your face and head from sunburn.
Protect your eyes from the brightness of the sun, which can cause sun damage as you age.
Help to prevent skin cancers and skin damage.
Protect your head, face and ears from the cold and weather conditions.
Help to regulate your body temperature.
Explanation:
the carrying value of bonds issued at a discount or at a premium will be different from their face amount at maturity. t or f
False
Bonds will have a same carrying value at maturity whether they are issued at face value, a discount, or a premium.
The carrying value of a bond is what when it is issued at a discount.Unless the bond was issued at par, the carrying value of a bond does not match the bond due amount. A bond's carrying value is more than its face value when it is issued at a premimum.
What is the difference known as when the carrying amount of the bonds payable exceeds their face amount?The amount received by the corporation issuing the bonds and the par value or face value, respectively, is known as the premium or discount on payable bonds.
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the acme global corporation plans to create new policies designed to better serve a more diverse customer base. what the acme global corporation has in mind is a(n) plan.
New regulations will be developed by Acme Global Corporation in order to better serve a more varied consumer base. The Acme Global Corporation has a diversity plan in mind.
A diversity strategy outlines the practical steps your company will take to include employees from varied backgrounds. The business is dedicated to fostering an environment that is fair and inclusive and encourages a workforce that more accurately represents the variety of our communities.
Each firm should value diversity as a key component. It allows you access to a wider variety of talent, aids in giving you insights into your consumer base, and helps to increase the business's overall performance, all of which translate into higher earnings.
The overall objective of diversity and inclusion at work is to contribute to the creation of a workplace where individuals from diverse backgrounds or cultures may feel at ease and collaborate successfully.
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which of the following statements is true about the relationship between business processes and information systems? group of answer choices a business process need not relate to any information system, but an information system relates to at least one business process. information systems incorporate all business process activities and hence, should be developed before business processes. the relationship between business processes and information systems is one-to-one. developing information systems before business processes ensures that all activities are considered in the development process. developing information systems before business processes ensures that all systems are inherently secure.
Information systems and business processes can both be related, albeit not all business processes must be related to information systems.
Explain Processes in business and information systems?The Business Process is the mechanism by which work is arranged, coordinated, and managed. Business processes also refer to the movement of activity-specific pieces of information within an organization. Examples include managing inventory, paying bills, registering for classes, processing payroll, and making sales and purchases.
Which four business process types exist in information systems?various business operations and information systems are:
A transaction processing system (TPS), a management information system (MIS), a decision support system (DSS), an executive support system (ESS), and an enterprise system (ERP)
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firms whose central business is to offer security advice and buy and sell individual stocks and bonds for clients are known as
Security advice and buy and sell individual stocks and bonds for clients are known as Mutual fund.Because they aim for bigger returns than money market funds, bond funds are riskier.
A mutual fund purchases bonds and equities before offering shares of those securities for sale to the general public. A corporation that pools money from several people and invests it in securities like stocks, bonds, and short-term debt is known as a mutual fund.
All of the mutual fund's holdings are included in the portfolio.Investors buy shares of mutual funds. Money market funds, bond funds, stock funds, and target date funds are the four categories into which the majority of mutual funds fit. Each variety has unique traits, dangers, and benefits.
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which group is the primary source of financial support that benefits all wildlife
Hunting license fees are a major source of revenue for wildlife management, and they have assisted both game and non-game species in recovering from declining numbers.
Hence, the correct answer is Hunting license fees.
Hunting permits are the main financial assistance that the country employs to finance wildlife conservation initiatives to protect diverse wildlife species. Because hunters receive hunting licences, they effectively serve as the main source of funding for conservation initiatives. It may be argued that this strange behaviour balances out hunters' slaughter of animals.
Hence, hunting license fee is the primary source of financial support that benefits all wildlife.
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which transaction is not considered part of operating activities? buying a new machine selling inventory buying inventory paying a supplier g
Cash paid to a vendor for inventory is a type of transaction that is not considered part of operating activities.
How does inventory work?Inventory is the term used to describe all the products, materials, goods, and merchandise that a company has on hand and plans to sell to customers for a profit. The only item that will be regarded as inventory is the newspaper if the vendor delivers newspapers to customers using a vehicle. The car will be handled like an asset.
The importance of inventoryBusinesses can determine which goods to order when and in what quantities using inventory management. Inventory is tracked as things are bought and sold. In order to guarantee that there is always adequate inventory to satisfy client orders and that a shortage is properly announced, the practice recognizes patterns and adapts to them.
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unemployment involving a mismatch of the skills of unemployed workers and the skills required for available jobs is called
Unemployment involving mismatch of skills of unemployed workers and skills required for the available jobs is called structural unemployment.
What is structural unemployment?A mismatch between the abilities that employees in the economy can supply and the skills that businesses want of workers results in structural unemployment, a type of involuntary unemployment. Technology advances that render many people' job abilities obsolete can cause structural unemployment. Three types of unemployment are distinguished by economists: frictional unemployment, cyclical unemployment, and structural unemployment. Structural unemployment can be difficult to resolve because it calls for either migration or retraining. Cyclical unemployment is brought on by short-term fluctuations in the general labor market, whereas structural unemployment can be brought on by short-term changes in the demand from various industries. For instance, seasonal unemployment frequently impacts workers in resort cities after the tourist season and farmers after harvest.
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following a transfer by a lender of a right to receive payments on a mortgage, the homebuyer must continue to make those payments to the original lender. true false
The homebuyer must continue to make those payments to the original lender. The given statement is false.
A payment is made by one party to another voluntarily in exchange for products or services they have delivered or to satisfy a legal obligation. It can take the form of cash, its equivalent, or other valuables. Payer and payee are terms used to refer to the parties who send and receive payments, respectively. Payers are typically required by law to take the country's legal cash up to a certain amount, but payees are generally free to choose the mode of payment they will accept. If the parties don't agree otherwise, payment is often made in the payee's local currency. A separate foreign exchange transaction is required for payments made in another currency.
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a high concern for people but minimal concern for performance can best describe the _____ culture. a. caring b. apathetic c. exacting d. stakeholder
A high concern for people but minimal concern for performance can best describe the Caring Culture.
In an organization, a caring culture exists when leaders consistently act in ways that support team members, and when team members consistently act in ways that support their fellow team members. As a result, the business can provide excellent client service.Caring includes respecting the individual's self-identity and soul. Pure dedication and commitment to the patient are required. Because it is "rooted in the self-transcending creative nurse," a particular act of kindness may transcend the value.
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which one of the following is not a valid operation type for a hotel as defined by str? a) corporate or chain managed b) franchise c) boutique d) independent
The correct option is (c) i.e. boutique, is one of the following is not a valid operation type for a hotel as defined by str.
An establishment that offers short-term, paid lodging is known as a hotel. A hotel room's interior amenities might range from a small room with a low-quality mattress to a huge suite with bigger, better-quality beds, a dresser, a refrigerator and other kitchen appliances, upholstered chairs, a flat-screen television, and en-suite bathrooms. Small, less expensive hotels might just provide the most fundamental amenities and services to its guests. A swimming pool, business center (with computers, printers, and other office supplies), childcare, conference and event spaces, tennis or basketball courts, a gym, restaurants, a day spa, and social function services are just a few of the extra amenities that larger, more expensive hotels may offer. In order to help guests find their room, hotel rooms are typically numbered (or named in certain smaller hotels and B&Bs). Operations in hotels can vary in size, purpose, complexity, and expense. To categorize different hotel kinds, the majority of hotels and significant hospitality organizations have established industry standards. Luxury facilities, full-service lodging, an on-site restaurant, and the greatest level of individualized attention, such as a concierge, room service, and employees to press clothes, are all features of an upmarket full-service hotel facility.
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Naomi, the product line manager for a small family business believes that it is time for the company to begin exporting its product to foreign markets. Her father, the owner, is skeptical. To convince her father, Naomi points out that:a. exporting is easier because international markets are less complex than domestic markets.b. firms that do not export are at a greater risk for economies of scale.c. exporting will allow the company to avoid taxation requirements in the domestic market.d. firms that do not export often lose out on significant opportunities for cost reduction.
Naomi explains to her father that while exporting encourages economies of scale and lowers manufacturing costs, businesses that don't export frequently miss out on huge cost-cutting opportunities.
The correct answer is option d.
A company must expand output in order to increase sales abroad. Increasing output may lead to lower costs per unit of goods, depending on how effectively a company manages its operations. This enables companies to take advantage of economies of scale, reducing overall expenses and raising net income. Enterprises that export frequently have faster revenue growth, more employment growth, and higher employee wages than businesses that don't export. possesing a competitive edge. America is famous around the world for its cutting-edge goods and services, first-rate customer support, and moral business methods.
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a brand that has been given exclusive legal protection, such as the mcdonald's golden arches is a: a. dealer brand. b. private brand. c. trademark. d. promotional mark.
A brand that has been given exclusive legal protection, such as the mcdonald's golden arches is a: trademark
Hence, Option C is correct
Any word, phrase, symbol, design, or combination of these that distinguishes your products or services is generally considered as a trademark. It helps to make your product unique you apart from your rivals. Both trademarks and service marks are included under the umbrella term "trademark."Protecting your brand's identity. It will prevent rivals from copying your brand and stealing your clients. It provides with you some protection.To know more about Trademark here
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ch 10 kb. the cash receipts budget reflect all of the amounts of revenues earned in the current period. group of answer choices true false
The cash receipts budget reflect all of the amounts of revenues earned in the current period is False.
What kind of budgets are there?A government's budget is an overview or plan of the anticipated income (often but not always from taxes) and expenses of that government. There are three different sorts of government budgets: operating or current, capital or investment, and cash or cash flow.
The importance of budgetsFinancial stability is facilitated by a budget. A budget makes it simpler to save for significant expenses like a car or home by keeping track of spending and sticking to a plan. It also makes it easier to pay bills on time and to accumulate an emergency fund. Overall, having a budget helps a person's financial situation, both now and in the future.
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2.what measures or metrics do companies use to assess success when designing and implementing a marketing strategy?
These measures include revenue and sales growth, cost per lead, conversion rate,customer lifetime value,marketing ROI,and more.
With advanced tracking mechanisms,marketers can now target their marketing more effectively by accelerating activities,which are proving more valuable.customer acquisition rates are reduced during that campaign.This metric tracks the total number of hits a particular page has gotten.This can be used to measure the success of your customer-facing assets,especially impressions.Impressions give you an idea of the number of times people have seen your ad or content.This is a good metric to gauge whether you're using the right channels and targeting strategies.
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organic forms work well if the environment is stable, not requiring any change within the organization. true false
Organic forms work well if the environment is stable, not requiring any change within the organization. It's true.
Everything in our environment is referred to as environment. They could be biotic (living) or abiotic (non-living) entities. It includes natural forces including chemical and physical ones. Living things exist in their surroundings. They engage with it frequently and adjust to the circumstances of their surroundings. Animals, plants, soil, water, and other living and non-living objects interact in the environment in a variety of ways.
Since everything is a component of something else's environment, the word "environment" is used to describe a wide variety of objects. The word "environment" is used differently by people in various disciplines of study. The electromagnetic environment consists of magnetic fields, radio waves, and other types of electromagnetic radiation. The properties of the interstellar medium are referred to as the galaxy's environment.
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red incorporated has acquired blue company and recorded goodwill of 280 million as a result. while the fair value of all of blues identifiable tangible and intangible assets (excluding good will) was 586 million. the amount of impairment loss that red would report for good will at the end is
The given question is incomplete, as the complete question should be:
In 2020, Red Inc. had acquired Blue Co. and recorded goodwill of $280 million as a result. The net assets (including goodwill) from Red's acquisition of Green Co. had a 2021 year-end book value of $620 million. Red assessed the fair value of the Green reporting unit at this date to be $740 million, while the fair value of all of Green's identifiable tangible and intangible assets (excluding goodwill) was $586 million. The amount of the impairment loss that Red would record for goodwill at the end of 2021 is:
The below answer is given keeping in mind the above question.
An impairment loss is only recognize in case where the Fair value of the assets of the acquired company is less than the book value. In case, where the fair value of an asset is more than the book value, Then, in that case, no impairment loss is to be recorded.
When the book value of the assets is less than the fair value as is the case here, since, the fair value of $740 million is more than the book value of $620 million, thus, there is no impairment loss recognized so the impairment loss here will be $0.
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If a consumer does not have any collection accounts, does that have a negative impact on their score?
No, if a customer does not have savings, that does not have a negative impact on their credit score.
When an account is delinquent, the creditor may choose to sell the debt to a collection agency or send the account to an internal collection agency.
The savings will be listed on your credit report as a separate account when an account is sold to a collection agency. Your credit score will suffer greatly if you have a savings account.
Unsecured accounts, such as credit cards and personal loans, may have collections. In contrast, defaulted secured loans such as car loans or mortgages may result in foreclosure and/or repossession, respectively.
The effect of collecting money on your credit score is always less than the time. This is due to the fact that recent credit work is given more weight than earlier credit work. Therefore, your credit score will not be affected at all once a written account is completely removed from your credit report.
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a stock sells for $40. the next dividend will be $4 per share. if the rate of return earned on reinvested funds is a constant 15% and the company reinvests a constant 40% of earnings in the firm, what must be the discount rate? note: enter your answer as a whole percent.
The discount rate r= 16%
The Common Stock Valuation method is also simply referred to as the Value of the Stock Method and it is calculated taking different items such as growth rate of dividend, the dividend itself and number of periods into consideration
First, we identify the formula of rate of return where dividend inceases constantly and at a compound rate
P0 = Div1/ r-g
Where Po is the price of the stock, Div1 is the next year's dividend, r is the rate of return and g is the growth rate of the dividend,
Secondly, we look at the growth rate with there investment of 40% stock and a rate of return on reinvestment of 15% according to the question
Growth rate = r x e, where r is the rate of return and e is the reinvestment earning
Growth rate = 0.15 x 0.40 = 0.6
Finally, we calculate The rate of return or the discount rate using the first formula
P0 = Div1/ r-g
$40 = $4/r-0.06
r = ($4/$40) + 0.06
r= 16% or 0.16
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question number 2) which type of interview question does jan durrans favor when trying to determine if a candidate is a high-achieving employee?
The type of interview question does Jan Durrans favor when trying to determine if a candidate is a high-achieving employee is option E: behavioral interview.
What exactly is a behavior-based interview?The act of giving specific instances of how they handled similar situations based on their prior experience, job candidates have the opportunity to demonstrate their potential for success in the new position during a behavior-based interview.
Therefore, one can say that employers utilize the behavioral-based interviewing technique to assess candidates' prior behavior in various contexts in order to forecast their performance going forward. Success can be predicted more accurately using a candidate's prior experiences than it can using conjecture.
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The city of Seattle limits each household to one can of free garbage collection per week. There are fees for any extra garbage collected from the curb. Suppose that a neighborhood group in Seattle organizes a group of families so that those who plan to go over their one-can garbage quota can find households that are under their quota and pay them to put out the extra trash.
This policy will (blank) efficiency.
This type of quota policy is less efficient because the marginal benefit of having a can of garbage collected varies among households.
A marginal gain is a most quantity a customer is inclined to pay for an additional right or carrier. it's also the extra pleasure or application that a purchaser gets whilst the additional suitable or provider is bought. In economics, utility is the satisfaction or advantage derived by consuming a product. The marginal utility of an excellent or service describes how plenty satisfaction or delight is received via clients as a result of the increase or lower in intake via one unit. There are three styles of marginal software.
In popular, people will retain consuming extra of a very good so long as the marginal software is greater than the marginal cost. In an efficient marketplace, the rate equals the marginal fee. that is why people keep shopping for extra until the marginal software of intake falls to the price of the coolest.
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which of the following can be a factor or factors that influence business failure risk? a. bad management b. unsuccessful products c. competition d. a and b, but not c e. all of the above can affect business failure risk
Answer:
e. all of the above can affect business failure risk
Explanation:
All of these are factors that influence business failure risk.
one assumption of linear programming is that a decision maker cannot use negative values of parameters in the objective function. true false
It is true that one assumption of linear programming is that a decision maker cannot use negative values of parameters in the objective function.
What is linear programming?Linear programming is a mathematical modeling technique that maximizes or minimizes a linear function when subjected to various constraints.
This technique has been used to guide quantitative decisions in business planning, industrial engineering, and, to a lesser extent, social and physical sciences.
One linear programming assumption is that a decision maker cannot use negative values for parameters in the objective function.
Thus, the given statement is true.
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costs that have been assigned to a product or activity using some sort of systematic process are known as
Allocated Costs are costs that have been applied to a good or activity through some kind of organised method.
The process of allocating expenses to financing sources who profit from the products or services acquired is known as cost allocating.
Finding, gathering, and allocating costs to cost objects like departments, goods, programmes, or a corporate branch is the process of cost allocation. To spread costs across departments or inventory items for financial reporting needs, cost allocation is employed.
Cost allocation is also used to determine profitability at the departmental or subsidiary level, which is then used to determine bonuses or how much money may be allocated for extra activities. In order to calculate transfer prices between subsidiaries, cost allocations can also be used.
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