Answer / Explanation:
If given a couple of data and asked to analyse it, there is bound to be some level of variation. Irrespective of how much e try to avoid it, we will find it difficult to achieve identical results for two different scenarios.
Variation can therefore be defined as the quantitative or numerical approach used to indicate how widely individuals in a group vary.
Factors that contributes to common cause variation includes:
First, we need to understand that Common Cause Variation are caused by unknown factors that result in a steady but random distribution of output around the average of the data. We need to understand that Common cause variation is the remaining variation after removing the special causes (non-normal causes) due to one or more of the 5Ms and an “E” causes (Manpower, Material, Method, Measurement, Machine, and Environment), also known as 6Ms (Manpower, Mother nature, Materials, Method, Measurements or Machine).
And some special cause of variation in this instance includes:
Phenomena that are active within the system
Variation within a historical experience base which is not regular
Lack of significance in individual high and low values
Human error
Answer:
The answer is Net income will be reduced by $42,000
Explanation:
Indirect method of preparing cash floe starts with net income.
In cash flow provided by operating activities;
Increase is liabilities is a cash inflow while decrease in liabilities in a cash outflow.
In the same vein, increase in asset is a cash outflow while decrease in asset is a cash inflow.
The effect of these adjustments will be:
Increase in accounts receivable - ($28,000)
Decrease in accounts payable----($14,000)
Cash provided by operating activities - ($42,000)
Net income will be reduced by $42,000
I AM NOT SURRRRRRRRRRRRREEEEEEEEEEEEEEEEEEEEEEEE????
Answer:
True
Explanation:
John Maynard Keynes developed the Keynesian economics, which was basically aimed to study and analyse the Great Depression.
As per the economists Keynes, the government should have made great expenditures in order to provide resources and generate and pull demand for the same.
The government shall also decrease the tax rates for creating and increasing the spending capacity of the people.
This accordingly, would help the economy fight with Global Depression.