All categories

2 years ago

Future costs and benefits that do not differ between alternatives are ______ costs to the decision-making process.

1 answer:

3 0

Any form of future costs and benefits that do not differ between alternatives are seen as irrelevant to the decision-making process.

<h3>What is a decision making process?</h3>

This is a process undergone to in making rational choices on a decision thorugh gathered information, and alternative resolutions.

The future costs and benefits that do not differ between alternatives are considered irrelavant to decision making because decision need to be made between choices, whereas, this cost or benefit does not offer that.

Read more about decision making process

<em>brainly.com/question/1249089</em>

You might be interested in

Juanita has a part-time job that pays 12 hour and works about 50 hours every month her withholding are social security 6.2 %medi

ozzi

<u>Answer:</u>$500

<u>Explanation:</u>

It is mandatory to deduct the social security, medicare and federal income taxes from the individuals paycheck. At first the federal income tax has to be deducted from the income. Secondly the social security has to be deducted, thirdly the state taxes have to be deducted and finally the medicare will be deducted.

Calculation of Net pay

Salary of Juanita = $12 per hr x 50hrs

=$600

Federal income tax 600 x 10%

=$60

Social security 540 x 6.2%

=$33.48

Medicare= 506.52 x 1.45%

=$7.34

So the net pay= Gross pay- deductions

=600-60-33.48-7.34

=499.17

Which is approximately $500 is the net pay.

5 0

4 years ago

if a customer makes a partial payment of $100 on a service for which you have already billed him, you would record this transact

Anna35 [415]

You would record this transaction into the accounting equation by: increasing cash and decreasing accounts receivable

<h3>What is accounting?</h3>

Accounting refers to the process of keeping track of a company's financial transactions. Summarizing, analyzing, and reporting these transactions to oversight organizations, regulatory bodies, and tax collection organizations are all parts of the accounting process.

The financial statements that are used in accounting provide a succinct overview of all financial transactions that took place during a given accounting period, including information on a company's operations, financial situation, and cash flows.

One of the essential duties in practically any firm is accounting. In a small business, it might be handled by a bookkeeper or an accountant; in larger corporations, it might be handled by vast financial departments with dozens of staff members.

Management may greatly benefit from the data produced by different streams of accounting, including cost accounting and managerial accounting, in order to make wise company decisions.

Learn more about accounting

brainly.com/question/21889940

#SPJ4

4 0

2 years ago

Michek Company loans Sarasota Company $2,000,000 at 6% for 3 years on January 1, 2020. Michek intends to hold this loan to matur

nevsk [136]

Michek Company's Journal Entries related to loans to Sarasota Company are as follows:

a) Journal Entries without using fair value option:

December 31, 2020:

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

To record the 6% interest due on January 1.

December 31, 2022:

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

To record the 6% interest due on January 1.

b) Journal Entries with fair value option

December 31, 2020:

Debit Loan Receivable $50,000

Credit Unrealized Gain from Fair Value $50,000

To record the fair value of the loan.

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

To record the 6% interest due on January 1.

December 31, 2022:

Debit Unrealized Loss from Fair Value $20,000

Credit Loan Receivable $20,000

To record the fair value of the loan.

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

To record the 6% interest due on January 1.

Data and Calculations:

January 1, 2020, amount of loan = $2,000,000

Interest rate = 6%

Period of loan = 3 years

December 31, 2020 2021 2022

Fair value of loan $2,050,000 2,020,000 2,000,000

Interest income $120,000 $120,000 $120,000 ($2,000,000 x 6%)

Payment of interest = January 1

December 31, 2021:

Debit Unrealized Loss from Fair Value $30,000

Credit Loan Receivable $30,000

Debit Interest Receivable $120,000

Credit Interest Revenue $120,000

Thus, the Loan Receivable account's balance at December 31 each year varies only when using the fair value option.

Learn more: brainly.com/question/13212872

4 0

2 years ago

Abril has developed a plan for her team to reach their yearly goal of increased productivity. She has put together a variety of

WARRIOR [948]

Answer:

A presentation.

Explanation:

Presentation can be defined as a process of dispensing information about a particular topic to a group of audience. This type of communication channel helps to inform and inspire individuals about a new idea.

Presentation is used to engage the audience about new projects and strategies that should be carried out to ensure the overall growth of the business.

In the scenario above, Abril needs to use a presentation to communicate to her team the strategies she wants to employ inorder to increase productivity.

6 0

4 years ago

An acrostic poem describing the word peculiar

Oliga [24]

Hi. Is this a question, are you asking for help or????

3 0

3 years ago