For a health profession, the term "accreditation standard" refers to a standard used to determine whether a program of study and the educational institution that offers it equips graduates with the knowledge, abilities, and professional qualities required to practice their profession in Australia.
<h3>What do the accreditation standards serve?</h3>
Higher education accreditation is a collaborative process based on peer and self-evaluation. Its goal is to raise academic standards and public accountability. This ongoing quality control process is often carried out every five to ten years.
A school, postsecondary institution, or program offering is accredited when it has received initial and ongoing confirmation that it satisfies the requirements set by a nationally recognized accrediting agency for membership in the association.
For more information about accreditation standards refer to the link:
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Answer:
$1,125,000
Explanation:
The total amount of property, plant, and equipment will appear under the Non-Current Assets section of the Balance Sheet. Thus prepare the Non Current Asset Section as follows :
Non Current Asset Section
Land $100,000
Land held for future use $150,000
Office Building $700,000
Equipment $450,000
Office Furniture $150,000
Accumulated Depreciation ($425,000)
Total $1,125,000
In evaluating companies across industries, financial managers will often read the independent auditor s report <span>as a means of interpreting the statements correctly. The correct option among all the options that are given in the question is the fourth option or option "d". I hope that this is the answer that has helped you.</span>
Answer:
Neither I nor II are correct
Explanation:
I. The nominal interest rate is also referred to as the APR or the stated rate.
This statement is not true because nominal interest rate is different from the annual percentage rate (APR).
A nominal interest rate is basically the interest rate is charged by banks or other financial institutions on a loan, and other expenses on the loan are not added to the interest when interest rate is being determined.
On the other hand, APR is nominal interest rate plus other expenses incurred in other to get the loan.
Therefore, nominal interest rate is usually lower than the APR. This makes them to be different.
II. You should use the nominal interest rate to compare two alternative investments/loans with different compounding periods.
This statement is not correct.
The interest rate is used to to compare two alternative investments/loans with different compounding periods is the effective interest rate.
The effective interest rate is the actual amount of interest rate that a lender or an investor earned on his loan, investment because of compounding that is done during a specific period of time. The effective annual interest rate is the interest rate that is employed to compare different investment products because, unlike other interest rate, compounded interest are estimated differently by it.
Therefore, Neither I nor II are correct.
I wish you the best.
Answer:
d. underapplied by $ 3,000
Explanation:
Computation of predetermined overhead rate based on direct labor hours
Estimated Overhead Cost $ 330,000
Estimated Direct Labor Costs 55,000 hours
Predetermined Overhead rate ( $ 330,000/ 55,000) $ 6 per labor hour
Total applied overhead = Actual Direct Labor hours times Overhead rate
57,000 hours * $ 6 per hour $ 342,000
Actual manufacturing overhead <u>$ 345,000</u>
Under applied overhead $( 3,000)
