Answer:The Australian Charities and Not-for-profits Commission Act 2012 (ACNC Act) governs eligibility of a not-for-profit entity to be registered as a charity for federal purposes, and establishes governance standards and reporting requirements for registered organizations
WARNING: I am not sure I am right
Explanation:
Answer:
555,000
Explanation:
Sunlad assets on December 31 2017 can be calculated as follows
= equipment + cash + supplies + account receivables
= 229,000 + 203,000 + 33,000+ 90,000
= 555,000
Hence Sunland total assets in December 31 2017 is 555,000
Answer:
B. The difference between what was actually incurred and overhead applied.
Explanation:
This could be simply as the difference of what was actually incurred and overhead that was been applied or it could be the difference between the amount that would be absorbed into the cost/unit of the actual units of a certain commodity been produced, and the actual cost of the fixed overheads.
This could be seen in a certain number of labor hours taken to manufacture a an amount of product, as it may differ significantly from the standard or budgeted number of hours of the work been done.
