A project budget report is showing our project as spending $35,000 against a budgeted amount of $40,000. Which of the following
1 answer:
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Answer:
Revenue/Income; Expenses
Explanation:
Profit or Loss is determined as the difference between the revenue made by a business (also known as its income), and the expenses spent in the process of generating that revenue.
If the difference is positive, the outcome is a profit. If the difference is negative, the outcome is a loss.
More than 3 but less than or equal to 4 days is the average processing time per income tax form.
Option - a
<u>Explanation: </u>
So, T = 3.2Days
The average processing time per income tax form is more than 3 but less than or equal to 4 days.
Work in process relates to a partially completed portion of the stock of a business. The valuation of a partially finished stock is also sometimes referred to as the balance sheet products in operation, particularly when the company produces tangible goods instead of services.