A liability (such as salaries payable) will be increased. Expenses are increased. Net income is reduced.
<h3>What is liability?</h3>
What a person or business owes is known as a liability, and the amount owed is typically monetary. The transmission of economic rewards, such as money, products, or services, settles liabilities over time. Having to pay anything to someone else under the law is known as having a liability. To pay for a business's continuous operations, liabilities are incurred. Accounts payable, accumulated costs, owed wages, and owed taxes are a few examples of liabilities.
What your business has that has the potential to generate future financial benefits are its assets.
What you owe other people is your liability. To put it simply, assets increase your financial security while liabilities decrease it.
Obligations aren't always a terrible thing. Some loans are taken out to buy new equipment, such as machinery or automobiles, which aids small businesses in running and expanding.
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Starlight creations can build a pipeline of leadership talent by providing leadership coaching.
- Starlight Creations may fill the void created when most high management leaves in five years by "offering leadership mentoring" to younger employees (particularly in middle management) inside the firm.
- The leadership training will prepare younger staff for top management roles while also saving the organization money on hiring external professionals to replace empty jobs.
- Leadership coaching is the deliberate process of improving individuals' abilities and competences so that they can work more successfully with others. Leadership development frequently focuses on effective communication skills, corporate coaching, and understanding the influence of various leadership styles. Coaches create a beneficial interaction that reveals the leader's hidden assets and faults.
Thus this is the meaning of leadership coaching.
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I think so this is your holiday homework and teachers are thinking that you are doing your self
Answer:
B)factory overhead cost volume variance
Explanation:
From the question, there was an an assumption that the standard fixed overhead rate is based on full capacity, in this case the cost of available but unused productive capacity is indicated by the factory overhead cost volume variance. Factory overhead cost volume variance can be regarded as the difference that exist between the fixed overhead that is associated to those good/ service from the firm on production volume and the budgeted amount that is associated to goods) services that are been produced. fixed overhead costs
could be Factory rent and others.
