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3 years ago

The prime interest rate is offered by banks to customers with the largest accounts and with very high credit ratings.

1 answer:

8 0

The correct answer to the question that is stated above is letter .a. True.

The prime interest rates are offered by banks to customers with the largest accounts and with very high credit ratings.

>>>Prime rate is a term (in business) which refers to the interest rate that banks charge their preferred customers--- those with the highest credit ratings.

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Your manager, Felix Young, wants to know why your estimate of the time it will take to get an MRP system up and running is so lo

Svet_ta [14]

Answer: MRP is a term used in data warehousing to refer to a system that is used to process the day-to-day transactions of an organization. These systems are designed in a manner that processing of day-to-day transactions is performed efficiently and the integrity of the transactional data is preserved.

Explanation: Based on the findings from Young it showed that his management runs an inefficient system that has no accountability and modes of operation in bench marking staff operations on a daily and monthly basis. 2. Records for business transactions should be automated to cushion fraudulent practice from staff or management.

3 0

3 years ago

Indirect labor and indirect materials are classified as factory overhead and product costs factory overhead and period costs ope

Dvinal [7]

Answer:

True

Explanation:

Product costs are the costs directly incurred from the manufacturing process. The three basic categories of product costs they are;

1) direct material

2) direct labour

3) manufacturing (factory) overhead.

Manufacturing overhead cost also include the following;

a) indirect labour: Indirect labor is the labor of those who are not directly involved in the production of the products.

b) indirect material: Indirect materials are materials that are used in the production process but that are not directly traceable to the product.

4 0

3 years ago

At Medallion Industries, variable cost per unit is budgeted to be $8.00 and fixed cost per unit is budgeted to be $5.00 in a per

natka813 [3]

Answer:

Total cost= $60,800

Explanation:

Giving the following information:

For 4,000 units:

Unitary variable cost= $8

Unitary fixed cost= $5

First, we need to calculate the total fixed cost:

Total fixed cost= 5*4,000= $20,000

Now, we can determine the total cost for 5,100 units:

Total cost= 5,100*8 + 20,000

Total cost= $60,800

6 0

3 years ago

Under which tab and group can you find the control to add a section to a presentation?

Tpy6a [65]

Answer: the answer is B

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3 years ago

Read 2 more answers

A company completes construction of a $400 million offshore oil platform and places it into service on January 1. State law requ

Sauron [17]

Answer:

b. Liability, $9,000,000; expense, $0.

Explanation:

An asset retirement obligation (ARO) refers to an obligation with respect to the acquisition , construction, development, etc. The liability should be recognized the liability at the present value that should be expected to be paid for settling the obligations

Here the $9,000,000 million represents the liability

Also the journal entry is

Asset Dr

To liability

(Being the asset placed is recorded)

There is no expense should be recorded in the income statement

3 0

3 years ago