Answer:
The correct answer is: auditing,
Explanation:
Procedure whose purpose is to examine the annual accounts of a company to determine if they reflect the faithful image of the company's situation and if they have been presented in accordance with generally accepted accounting principles. The accounting review can be performed by people who are part of the company itself or, on the contrary, by people outside it. Sometimes this term is used as an audit synonym. However, the purpose of the accounting review does not have to be the issuance of a professional opinion as in the case of the latter.
Yes because if you get into a car accident and you’re at fault then you have to pay the claims. Hope this helped
Answer: a) unfavorable direct labor price (rate) variance of $2,085.
Explanation:
The purpose of calculating variance is to see if a company is being efficient in it's production of goods and services or in it's general affairs. The variance is calculated by subtracting the actual amount that was used to do something from it's budgeted amount.
If the actual amount is higher then the Variance is said to be Unfavourable. The reverse holds true.
Calculating the Direct Labor price (rate) Variance will give us,
Direct Labor Price (rate) Variance = (Actual Price - Standard price)*Actual Hour
NB - Figures are given for 30 minutes so need to be converted.
Direct Labor Price (rate) Variance = (111,285/9,100 *2 - 115,200/9,600 * 2 ) * 9100/2
= $2,085
Actual Price (rate) variance was higher than Standard Price (rate) variance which led to an Unfavourable balance of $2,085
Answer:
d. strategic alliances are easy to manage.
Explanation:
International strategic alliance is when companies located in different countries come together to form an alliance with the aim of achieving a specific goal.
When companies come together to form an international strategic alliance, the companies involved still remain a separate legal entity.
One of the disadvantages of an international strategic alliance is that they are difficult to manage. One of the reasons why this is so is because of different organisational cultures. The companies forming an alliance might have different organisational cultures.
The advantages of an international strategic alliance includes:
a. Alliances facilitate the development of new capabilities.
b. It increases access to new competencies particularly those related to technology.
c. Companies can share risks and resources.