Answer:
D. encourages process-value analysis.
Explanation:
Activity based costing aims to allocate cost of different processes and activities to the department which utilizes the cost at maximum, on the basis of actual cost drivers.
Every activity has a cost driver, as for example for the expense or activity of rent is based on area allocated to each department thus cost driver here is area of the department.
Therefore, Activity based Costing encourages the process value analysis, which process is best.
It states which process added how much value to each product or department, it is a kind of process analysis.
Thus, correct option is D
Answer:
b) No, the correct entry would be a debit to Maintenance and Repairs Expense and a credit to Cash.
Explanation:
Any expense will be capitalized when it increases the capacity and efficiency of the asset. A routine repair cost is incurred in order to keep the asset operational to generate income for the business.
To record the repair cost we need to debit the Maintenance and Repairs Expense and crediting cash ( assumed cash payment is made for the repairs ). We should not capitalize this cost by debiting the asset cost account.
Monitor, because soft copy is seen on the screen
Answer:
B) Commercial loan
Explanation:
The Truth in Lending Act and Regulation Z only applies to consumer-purpose loans and These are loans and credit used primarily for personal, family, or household purposes, It does not apply to credit extensions that are primarily for business purposes.
<span>Reserves fall by $1,000, checkable deposits fall by $10,000, and the monetary base remains uncharged.</span>