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krok68 [10]
3 years ago
5

Tell us your story. What will you contribute to our university community? Be specific.

Business
1 answer:
faltersainse [42]3 years ago
4 0

Answer:

Asking right questions or informative questions in the classroom to make it easy for students to understand the topic easily.

Be a part of change because being part of change in the university is good for the community.

Helping fellow students by being a friendly and social person from they find easy to interact.

By acting as a civilized person, not harming anyone and always helping others as a helping hand.

Solving problems by my innovative solutions.

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Which of the following statements is true of control? Control through rules, procedures, and budgets is generally not very costl
Roman55 [17]

Answer:

The second one

Explanation:

Control through rules and budgets can lead to rigidity and loss of creativity in an organization in a way that it limits change. When all available funds are allocated to specific operational budgets, it may be impossible to procure additional funds, when an opportunity arises elsewhere. Some organizations are therefore working in a way to back their budgeting systems.

3 0
3 years ago
Which of the following illustrates a tradeoff​? A. Randy enjoys ski vacations. B. I will study for my exam instead of going to t
aliya0001 [1]

A tradeoff is a balance achieved between two desirable but incompatible feature. So the reasonable answer would be B

8 0
3 years ago
Lupine Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. T
Anna [14]

Answer:

Allocated MOH= $420

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (253,600/31,700) + 6

Predetermined manufacturing overhead rate= $14 per machine hour

<u>Now, we can allocate overhead to Job L716:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 14*30

Allocated MOH= $420

5 0
3 years ago
CA1.4 (LO 1) (Financial Accounting) Omar Morena has recently completed his first year of studying accounting. His instructor for
natima [27]

Answer:

The complete answers are below.

Explanation:

a) The main difference between Financial Accounting and Managerail Accounting is its purposes and the stakeholders who make use of the information that each one provides.  

While financial accounting refers to the aggregation of accounting information in the financial statements, management accounting refers to the internal processes used to account for business transactions.

For instance: Financial accounting reports on the results of an entire business, Managerial accounting reports at a more detailed level. Financial accounting must comply with various accounting standards, whereas managerial accounting does not have to comply with any standards when information is compiled for internal consumption.

b) The financial statements most frequently provide are: Balance Sheet or Financial Position, Income Statement, Statement of cash flows and Statement of Changes in Equity.

c) In general, financial reports and financial statements differ in the formal status of financial statements in business and accounting, and these respond to standards such as GAAP and IFRS. While the financial reports have a format or presentation rules given by management, the financial statements, in the other hand, are prepared on regular basis as specific entities are required to do so according to applicable laws. It can be said that financial accounting provides financial statements and managerial accounting is responsible for financial reports.

4 0
2 years ago
The purpose of a budget is to track your income and your spending. true or false?
skad [1K]
False we use it to save money
3 0
3 years ago
Read 2 more answers
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