Explain why one must be careful when accounting for erosion costs
What will be an ideal response?
Answer: Erosion costs occur whenever a company's new product competes against its existing products, thereby reducing the sales of these existing products. One must be careful in including the reduced sales. This is because the sales could be reduced anyhow if another company introduces a competing product. Also, if erosion reduces sales, then the costs are also reduced. In brief, one must be careful so that only the net additional revenue and costs should be included in the incremental cash flow—the increase in overall sales and costs to the company.
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What are trade barriers and why might a government adopt them as a policy? Explain how three examples of trade barriers function
What will be an ideal response?
Which of the following is not descriptive of outsourcing?
A. helps reduce the cost structure of a company B. increases the vulnerability of the supply chain C. is limited to the manufacturing process D. invites political backlash from labor unions E. invites political backlash from state legislatures
The USER_OBJECTS data dictionary view allows us to view the source code of packages.
Answer the following statement true (T) or false (F)
A second will automatically revokes an earlier will if it is wholly inconsistent
a. True b. False Indicate whether the statement is true or false