Question
analyze this information and answer the questions Seasonal unemployment is caused by annual variations of seasons.Thisimplies that at any given time of the year there
analyze this information and answer the questions
Seasonal unemployment is caused by annual variations of seasons.Thisimplies that at any given time of the year there are likely to be workers who are laid off because of a seasonal fall in the demand for the services they offer.This type of unemployment is common in sectors such as agriculture and tourism which are characterized by seasonal variations.This type of unemployment leads to fluctuations in economic growth with growth being higher during the peak seasons.
Casual unemployment arises because workers are employed for a specific job and when the job is completed, such workers become eventually unemployed, for example, construction workers.The effect of casual unemployment on economic growth is that economic growth is lower during times of high casual unemployment.
(ii) Disguised or hidden unemployment arises where individuals normallyhave jobs for which they are paid but they could be withdrawn without reducing output.This could arise because their efforts actually contributed nothing to output (in which case their marginal product is zero) or since others already engaged in a particular authority would increase their own productivity if some workers migrated to other sectors of the economy.Disguised unemployment is common in developing countries especially in the civil service and in the agricultural sector in rural areas.Labour which is in disguised unemployment contributes nothing to national product and economic growth.
Unproductive or open unemployment arises when a person is willing to work at the prevailing wage rate but is not able to secure a job.This type of unemployment is especially common in the urban modern sector in many developing countries.Thus, for example, the employment opportunities in urban areas may be insufficient to absorb all the people settled in urban areas.Unproductive unemployment represents a waste of productive resources and economic growth is lower when there is unproductive employment than it would have been the case had the labour been productively employed.
questions
1.why is Lack of support from management a practical difficult to cost accounting installation?
2.how could Resistance by existing accounting staff impact on the challenging applicability of cost accounting?
3.explain your understanding of theNon-cooperation from middle and bottom level management in the cost accounting environment
4.generate the contributions of Heavy expenses in installing and maintaining the system in influencing cost accounting
5.identify the essentials of an ideal cost accounting system
6.how is the Reconciliation with financial accounts considered a paramount necessity in cots accounting system?
7.how can uniformity be achieved when dealing with cost accounting systems?
8.generate the concepts of the Direct Materials Costs to be utilized when calculating the cost accounts
9.explain the nature of the labor costs in any dimension analyzed and utilized in cost accounting concepts
10.shed light on the applications of administrative costs in cost accounting
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