Match the Following

question 91

Short Answer

Match the following:
A) About the same
B) More likely
C) Less likely
1) Would a company be more likely or less likely to benefit from refining its costing system if it produces a variety of products using different types and amounts of resources?
2) Would a company be more likely or less likely to benefit from refining its costing system if it produces a high volume of some products and a low volume of other products?
3) Would a company be more likely or less likely to benefit from refining its costing system if it operates in a highly competitive market?
4) Would a company be more likely or less likely to benefit from refining its costing system if it produces a variety of products, and the products use resources in a different manner?

Definitions:

Compounded Monthly

A method of calculating interest where the interest earned each month is added to the principal, so the investment grows at an increasing rate.

Compounded Annually

A method of calculating interest in which the accumulated interest is added to the principal at the end of each year, with future interest then calculated on the new total.

Percentage Increase

A measure of the degree to which a quantity has grown in proportion to its initial value, expressed as a percentage.

Compounding

The process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.