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4 years ago

All of the following are examples of federal grants except _____.

1 answer:

7 0

The NCAA, National Collegiate Athletic Association, is a non-profit association working for student athletes. Thus, the answer is A.

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When recording variances in a standard cost system: Question 22 options: A. Only unfavorable material variances are debited. B.

Phoenix [80]

Answer: D. All unfavorable variances are debited.

Explanation:

When recording variances in a standard cost system, all unfavorable variances are debited.

The reason for this is that it should be noted that the unfavorable variances simply means that there's excess production costs, and hence this will bring about reduction in the operating income. Hence, all unfavorable variances are debited.

Therefore, the correct option is D.

4 0

3 years ago

Alexander Harrington is a black man with a law degree from one of the top law schools in the country. Under an affirmative actio

Inessa05 [86]

Answer:

a. Alex has a basis for a complaint of discrimination because his assignments can affect his career development and he is being treated differently from others who are similarly situated and not of his race.

Explanation:

Alex has a basis for complaint of race discrimination because he expected the firm to give him more challenging work than other first year associates who have less experience. This shows that he is being treated differently from others, and by not given him a more challenging work by the firm will affect his career development. So Alex basis to file a complaint of race discrimination with the Equal Employment Opportunity Commission was right.

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4 years ago

Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity has a cost driver used to all

hammer [34]

Answer:

a. predetermined overhead rate for each activity

initial concept formation = $3,310 per Project Change

design = $3 per Square feet

construction oversight = $1,130 per Month

b. Classification

unit-level activities :

design

batch level activities :

initial concept formation

Product level activities :

design

Facility level activities :

initial concept formation

construction oversight

Explanation:

This question requires application of Activity Based Costing (ABC) method of allocating overheads.

For each overhead a rate is determined as follows :

initial concept formation

Predetermined overhead rate = Overhead Cost / Number of Project Changes

= $52,960/ 16

= $3,310 per Project Change

design

Predetermined overhead rate = Overhead Cost / Square feet

= $420,000/ 140,000

= $3 per Square feet

construction oversight

Predetermined overhead rate = Overhead Cost / Number of Months

= $118,650/ 105

= $1,130 per Month

Classification

The way the activity is to be absorbed in costing determine its classification

5 0

3 years ago

If you borrow money from a bank, you are the ____________. A. Creditor B. Lender C. Debtor D. Investor

wolverine [178]

If you borrow money from a bank, you are the ____________. 
C

5 0

3 years ago

Read 2 more answers

Which data types are typically found in the finance department? employee data, promotion data, vacation data transactional data,

dalvyx [7]

Data that should be found in the Finance Department is as below:

1) Employee Data: If the data relates to employees personal data, it will not be found in the finance Depatment.

2)Promotion Data: Promotion data is more of Human Resource Activity thus it will not be found in the Finance Dept.

3)Vacation Data: Also a Human Resource Activity, thus it wont be found in the Finance Dept.

4)Transactional Data: Data regarding monetory transactions carried out on a daily basis will be found in the finance department.

5)Purchase Data: Will be found in the finance Department.

6)Payroll Data: Regarding Employees salary will be found in the finance Department.

7)Tax data: Will be found in the finance Department, as one of the functions of the department includes taxation.

8) Investment Data : Will be found in the finance Deparment.

9)Monetory Data: Everything related to money will be found int he finance Department, thus monetory data will be found here.

10)Sales Data: will be found in finance Department

11) Advertising Data- Is more of a Sales Team Activity, thus it will not be found here.

4 0

3 years ago