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Tju [1.3M]
3 years ago
8

Franchisors agree to operate outlets in accordance with procedures prescribed by its franchisees. True false question. True Fals

e
Business
1 answer:
olasank [31]3 years ago
4 0

It is a false statement that in a franchise agreement, the Franchisors agree to operate outlets in accordance with procedures prescribed by its franchisees.

<h3>What is a franchise?</h3>

It is a business arrangement between Franchisor and the Franchisee whereby the Franchisor who is the original business owner sells the right to use its business name and idea to the Franchisee.

However, it is false that Franchisors agree to operate outlets in accordance with procedures prescribed by its franchisees because it is laying down procedure in the contract rather than following them.

Read more about franchise

<em>brainly.com/question/3687222</em>

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Harwood Company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. The company's
Damm [24]

Answer:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base (machine hours)

Explanation:

Giving the following information:

The company's predetermined overhead rate of $2.40 per machine-hour was based on a cost formula that estimates $192,000 of total manufacturing overhead for an estimated activity level of 80,000 machine-hours.

To allocated overhead costs to a specific job, you need to multiply the estimated rate for the number of machine-hours required for the job.

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base (machine hours)

5 0
3 years ago
What is the amount of interest revenue that must be accrued on December 31st for a nine-month, 6%, $2,000 note receivable that w
OLEGan [10]

Answer:

$20

Explanation:

The amount of interest accrued = Note amount * Interest rate * Number of months expired till December 31/ 12 months

= $2,000 * 6% * 2/12

= $20.

Thus, the interest accrued = $20

6 0
3 years ago
Which of the following statements regarding GDP is correct?
nirvana33 [79]

Answer:

Correct option is (a)

Explanation:

GDP or Gross domestic product includes monetary value of all goods and services produced within a country. It includes all private and public investments and exports less taxes and imports.

Option b, c and d are incorrect as GDP accounts for only domestic production and not foreign activities. Details about how income is distributed is not given by GDP. GDP provides details about economic condition of the nation. GDP does not indicate wholesome well being of the nation like human development, infant mortality and standard of living.

GDP accounts for factory production but does not account for any production carried out at the cost of environmental degradation.

3 0
3 years ago
Why did the duck cross the road?<br> will mark brainiest for right answer!<br> think hard
ki77a [65]

to di- i mean to get to the other side. right?

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4 0
3 years ago
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Which of the following statements regarding cash equivalents is​ INCORRECT? A. Most companies include additional information abo
zhannawk [14.2K]

Answer:

B. Because cash equivalents are less liquid than​ cash, they must be reported separately from the Cash account

Explanation:

The <em><u>combined amount of cash and cash equivalents</u></em> will be reported on the balance sheet as the first line item in the section with the heading current assets.

These cash equivalents are short-term, highly liquid investments with a maturity date that was 3 months or less at the time of purchase.

In other words, there is very little risk of collecting the full amount being reported.

8 0
3 years ago
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