Answer: eXtensible business reporting language (XBRL)
Explanation:
The financial reporting (disclosure) system that is based on the electronic data tagging language is referred to as the eXtensible business reporting language (XBRL).
XBRL is freely available and a global framework that is used for the exchange of business information and it also allows expression of semantics which is required in reporting of business.
Answer:
Omnichannel distribution
Explanation:
Omnichannel distribution from the Latin word "Omni" could mean every distribution.
Omnichannel distribution is a type of distribution that allows customers to make an order online through their phones and laptops and make purchases in a brick-and-motar store. It provides customers with various options of making purchases.
Omnichannel distribution enhances good customer relations and it provides customers with different Shopping experiences. It makes it easier for customers to make an order as well as make a complaint.
It is a method of distribution, promotion and marketing of goods to customers using various medium such as phone calls, emails, websites, mobile applications, brick-and-motar store.
Answer:
1. $3,380
2. $2,175
Explanation:
Part 1
Predetermined overhead rate = Total Overheads for the Company ÷ Total Direct labor-hours for the Company
= $ 15,080,000 ÷ 232,000
= $65
Overheads applied to Job Bravo = ( 30 x $65) + (22 x $65) = $3,380
Part 2
<em>Assembly department</em>
Predetermined overhead rate = $ 7,250,000 ÷ 145,000
= $50
<em>Assembly department</em>
Predetermined overhead rate = $ 7,830,000 ÷ 290,000
= $27
Overheads applied to Job Bravo = (30 x $50) + (25 x $27) = $2,175
Answer:
the opportunity cost of the land purchase is $34,050
Explanation:
The computation of the opportunity cost of the land purchase is shown below;
= Cash outlay × return percentage
= $227,000 × 15%
= $34,050
Hence the opportunity cost of the land purchase is $34,050
We simply multiplied the cash outlay with the return percentage so the same would be calculated
Answer:
Justin's company should prepare to demonstrate that it is ISO 14001 compliant.
This means that it is following the environmental management standards for environmental footprint and waste reduction, while promoting environmental sustainability in its operations.
Explanation:
ISO 14001 is one of the environmental management standards, prescribed by the International Organization for Standardization (ISO), "to help reduce environmental impacts, reduce waste, and make the environment more sustainable," according to the ISO website. ISO 14001 specifies requirements for an effective environmental management system (EMS) by providing a follow-able framework.
