In the accounting cycle, the last step is to prepare a post-closing trial balance.
Answer:
d. $6,120 U
Explanation:
Calculation to determine the materials price variance for the month
Using this formula
Materials price variance = (AQ × AP) – (AQ × SP)
Let plug in the formula
Materials price variance = $138,600 – (7,200 meters × $18.40 per meter)
Materials price variance = $138,600 – $132,480
Materials price variance = $6,120 U
Therefore Materials price variance is $6,120 U
Answer:
The answer is D, the reporter is liable for a claim of libel
Explanation:
First of, we need to understand that libel in it self refers to a false statement or report published against an individual and of which the report has a very high tendency of tarnishing the individuals image. In order words, it can also be refereed to as the defamation of character where the victim in this case is refereed to as the character.
So, referring back to the question. As a reporter, it is assumed that proper diligence has been done in respect to investigation or investigative journalism as some like to call it before going before the public to declare such a defaming statement and in such a case where such sequentially, the statement comes to be a false statement, the reporter and in some cases the firm at large is liable for a claim of libel.
So as related to the question asked, the answer is D.
Answer:
The correct answer is the option C: political disputes between managers involved in the project.
Explanation:
In the situation where a person must coordinate a complex project might struggle with the fact that sometimes differences in political opinions and ideas may occur when more than one manager is in charge of the project. Moreover, in that situation, it is very difficult to agree with the other person and even more if that person has resources that must be used in the project and therefore that person has some power in its hands. In addition, the other factors, such as coordinating the elements or determining the budgets and the needed skill sets of project workers will not have a great impact in the complexity of the project if there are not political differences because in that case all the managers will agree in a way of doing things and they will encourage every employee to do it at once.
