Answer: (D) Accumulate
Explanation:
The accumulate is the term that is used to refers to the increase in the business equity and also the working capital due to the high profit in an organization.
It is basically refers to the flow account in which we record all the asset and the financial and also the non-financial liabilities during the time of transaction.
According to the given question, the manufacturing overhead is one of the type of temporary account that is typically used to accumulate the indirect production cost at the time of accounting.
Therefore, Option (D) is correct answer.
Increasing taxes.
Taxes and bonds are two sources of funding for the federal government.
Answer:
A) Benefit farming communities in Congo
Explanation:
A policy of paying more than strictly necessary to poor farmers in Congo directly benefits those communities because it allows them to have more income available.
None of the other three answers address this effect. B) is wrong because the firm is incurring in higher wage costs, which does not benefit the company's bottom line. C) is wrong because farming is not part of the third sector of the economy, it is part of the first sector or primary sector, and D) is wrong because we do not have enough information to assume that those jobs in Congo were previously located somewhere else.
Answer:
Product costs do not flow from the balance sheet to the income statement.
The correct answer is A.
Explanation:
Product costs flow from the income statement to the balance sheet.
Unlike direct material and direct labour cost, overhead cost must be allocated to products using a suitable basis.
Product costs are expensed in the period incurred in the income statement.
Depreciation on manufacturing equipment is an indirect product cost because it is not directly traceable to a cost unit or cost center.
Answer:
e. Missed loan payments, high balances on credit cards, and personal bankruptcy
Explanation:
If you look at each of these factors, they are all closely related to an individual's past credit history and their ability to pay their debts on time. If you miss your payments or declare bankruptcy, you obviously are not in a very good financial position. Owing too much money to your credit cards is not a good sign since credit cards charge a very high interest rate and they are usually our last option when we consider financing options.
