When the average unit cost of a good or service decreases as the capacity and/or volume of throughput increases, it is known as _____
a. economies of scale
b. diseconomies of scale
c. cost cushioning
d. capacity cushion
A
You might also like to view...
In any given accounting period, the amount a firm reports as income before income taxes for financial reporting in comparison to the amount of taxable income that appears on its income tax return may differ due to temporary differences. Temporary differences include
a. bad debt expense, only. b. depreciation on long-lived assets, only. c. interest revenue on municipal bonds, only. d. certain fines and penalties, only. e. bad debt expense and depreciation on long-lived assets.
According to research, which of the following is not a described level of promoting leadership effectiveness?
A. interpersonal level B. organizational level C. governmental level D. individual level
As a general rule, an agent is liable on contracts entered into on behalf of a fully disclosed principal
Indicate whether the statement is true or false
The EPA cannot require approval for immaterial changes to a plant
Indicate whether the statement is true or false