Answer:
Pattison Corporation
Activity Variance for "Travel expenses" for May would have been closest to:
$1,500 Favorable
Explanation:
Data and Calculations:
Fixed Element Variable Element per
per Month Customer Served
Revenue $5,500
Employee salaries
and wages $46,300 $1,000
Travel expenses $ 500
Other expenses $32,500
The Travel Expenses Activity Variance = Actual cost minus budgeted cost
= $8,500 - $10,000
= $1,500 Favorable
Actual travel expenses = ($500 x 17)
= $8,500
Budgeted travel expenses = ($500 x 20)
= $10,000
Pattison Corporation's activity variance for Travel Expenses for the month of May is the difference between the actual travel expenses and the budgeted travel expenses. The budgeted expenses are based on budgeted number of customers served in May while the actual expenses are based on actual number of customers served in May.
Answer:
The answer is B) the chance that the value of financial assets will
change from what you expect.
Explanation:
Risk is the potential for uncontrolled loss of something of value. The decline in the price of an asset or security relative to the rest of the market is price risk.
Answer:
Setting expectations
Explanation:
In business, setting expectations refers to the effort that you make to inform the customers about your goods or services, so they have a general idea on what they can get by making a purchase.
You can see this in this part of the excerpt:
<em>You’ll be receiving updates from me on how to send better emails on a monthly basis, but if you’re looking to update your email preferences, you can do so anytime here.</em>
This sentence represent the service that you will give to the receiver of the email. it set up a time period when the service will be given and how to adjust it.
