In a certain economy, people save some part of their income in the financial sector and use the remaining part for consumption. the government decides to increase the tax rates for everyone in that economy. what effect will the tax increase have on savings and investment in the economy?
savings decrease, and investment decreases.
savings increase, and investment increases.
savings increase, and investment decreases.
savings decrease, and investment increases.

What is the most important factor that affects the value of a company? a) cash flow b) earnings c) supply and demand d) number of employees

Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?