Answer:
confirmation bias
Explanation:
Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms or strengthens one's prior personal beliefs or hypotheses. It is a type of cognitive bias.
Well 162,80 divided by 8,000 is 2.035 so thats going to be your answer hope this helps
The journal entry for the issuance of an interest-bearing note for the purpose of borrowing funds for the business is Debit cash.
<h3>
What is Debit Cash?</h3>
- When a person uses debit cash, money is automatically taken out of their checking account.
- These cards, which are sometimes known as "check cards" or "bank cards," can be used to make purchases of products or services, withdraw cash from an automated teller machine, or make additional purchases at merchants who will accept them.
- You might not be able to make a very large purchase using debit cash because they typically have daily spending limits.
- A personal identification number is typically not required to use a debit card (PIN).
Hence, Debit cash is the journal entry for issuing an interest-bearing note for the purpose of borrowing money for the company.
To learn more about Debit Cash refer to:
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Answer:
Material Quantity Variance= 2400 favorable
Explanation:
Given
Actual units = 6000
Planned Units = 5900
Actual Quantity used per unit= 3.9 pounds
Actual Quantity=3.9 pounds*6000= 23400 pounds
Standard quantity for actual units= 4* 6000= 24000
Standard quantity used per unit = 4 pounds
Standard Price = $ 2 per pound
Formula
Material Quantity Variance= (Standard Price) *( Actual Quantity- Standard Quantity)
Working
Material Quantity Variance= (4)*(23400- 24000)= 4 * 600= 2400 favorable
as the actual quantity is more than the standard quantity the variance is favorable.
I think small stuff makes such a difference for businesses because you have to take risk if you want to be successful and with those little risks the businesses are successful