Complete Question:
The principle of exceptions allows managers to focus on correcting variances between
Group of answer choices
a. standard costs and actual costs
b. competitor's costs and standard costs
c. variable costs and actual costs
d. competitor's costs and actual costs
Answer:
a. standard costs and actual costs
Explanation:
A principle of exception can be defined as a theory that states that, only relevant and significant deviation about an asset is brought to the knowledge of a manager for the decision-making process or consideration.
The principle of exceptions allows managers to focus on correcting variances between standard costs and actual costs.
Answer:
The answer is post purchase dissonance.
Explanation:
Post purchase dissonance is a sort of a psychological dilemma that makes the purchaser worry about his or her purchase decision after the purchase is made.
To avoid such dilemmas, always consider whether an item is truly necessary. Moreover, compare the item with several other brands and look at customer reviews online.
Answer:
When you are preparing the cash flow statement, some adjustments are made that actually increase the cash flow even if the net income has decreased, for e.g.:
- lower accounts receivables
- lower inventories
- higher depreciation and amortization expenses
- higher accounts payables and accruals
- sale of investments
- new long term debt
- less dividends distributed
- new capital raised
Answer: B) Owners can refuse to rent to prospects who have long hair and ride motorcycles.
Explanation:
The 1968 Federal Fair Housing Laws established that it is illegal to discriminate or refuse housing to a person based on <em>race or color; religion; national origin; familial status or age—includes families with children under the age of 18 and pregnant women; disability or handicap, or sex. </em>
Option A would be considered as a violation of the no discrimination based on race stipulation of the law.
Option C would be a violation of the no discrimination based on sex stipulation of the law.
And Option D would be a subtle violation but nonetheless a violation of the no discrimination based on race stipulation.
Option B is the only option that doesn't seem to break any of the stipulations of the 1968 act.
