In order for human society to exist, the process of producing goods and services must be continuous. The process of production, seen as a continuous, renewable, repetitive process, is reproduction. Reproduction can be: individual – when considered within the framework of the household or entrepreneurial firm; public – taken on the scale of the entire […]
Tag: Equal
Costing of production and price
At industrial enterprises, various methods of calculating the cost of production are used, These are methods of direct accounting, calculation-analytical, parametric, cost exclusion, coefficient and combined. The direct accounting method is used in determining the cost of homogeneous products (coal, ore, potash salt, etc.). Costs per unit of output are determined by dividing the total […]
Methods of accounting and valuation of fixed assets
To obtain information on the availability of certain groups of fixed assets, their technical condition and cost, fixed assets are accounted for both in kind and in value terms. Fixed asset accounting data in physical terms make it possible to determine the production capacity of the enterprise, productivity, service life, composition, etc. Monetary expression is […]
Processing of quantitative answers of experts
The result of the work of experts is usually a whole palette of opinions. The task of processing the results obtained involves finding an answer to two questions: the first is what the collective answer of the experts actually is, and the second is whether they can be trusted. Depending on the content of the […]
The theory of fixed parities and rates
The founders of this theory were J. Robinson, J. Bikerdaik, A. Brown, F. Graham. They proposed a exchange rate regime based on fixed parities, allowing their change only with a fundamental balance of payments. In their research, they used economic and mathematical models, concluding that, that exchange rate changes are a low-efficient means of regulating […]