There is no contract here. There was never an offer to publish the stories. Just because Ollie said "I accept" does not qualify this interaction as a contract since the post specifically says "we might share it". There should be no reasonable assumption that the website will publish EVERY story submitted.
Answer:
$ 1,200 unfavorable
Explanation:
Given that,
materials price standard = $2.00 per pound
materials were purchased = 6,000 pounds
standard quantity allowed for the output = 5,400 pounds
The materials price variance:
= Actual Quantity × (Actual Price - Standard Price)
= 6,000 Pounds × ($2.20 - $2.00)
= $ 1,200 unfavorable
Since the Actual Price is more than the Standard Price, the variance is Unfavorable
Hence the correct answer is $ 1,200 U
Answer:
There is the diagram and some explanations
Answer:
The correct answer is B
Explanation:
The checks which are there on the accuracy of the statements are:
1. The corporation needed to hire or require the neutral party, which is known as the auditor in order to check the annual financial statements of the company, and also ensures that the financial statements are to prepared as per GAAP (generally accepted accounting principles). It should also offer the evidence to support the information reliability.
2. The public companies need to use a common or general set of rules and the standard format while making the reports.
3. The role of auditor is to review the financial statements and in addition Sarbanes-Oxley Act requires the CFO as well as CEO to attest personally to the accuracy of the financial statements.