Answer:
Correct option is (e)
Explanation:
Programmed decisions are those that are planned decisions for routine situations. These decisions are made based on tried and tested methods or standardized procedures. These decisions are made once when situation arises, and subsequently becomes a procedure when similar situations arise in future. Some examples are dealing with labor absenteeism, terminating an employee or re-ordering supplies.
Non programmed decisions are distinctive. They are not based on any past situation. They are mostly taken by upper management using logic or intuition. They do not arise in normal course of business. One such decision is related to developing new product or service. It is not a routine situation. As, such it is an example of non programmed decision. Rest of the options are examples of programmed decision.
Answer:
Explanation:
1. No effect. The GDP is the total value of goods and services produced in a country in a specific period of time. If we are talking about US GDP, the purchase of a Belgium chocolate would not affect it.
2. Effect on investment. In spite Honda is a Japanese enterprise, it is producing in the United States. The GDP, is the value of all goods and services produced in country.
3. Effect on investment. Purchase of new housing affects the count of investment (not consume).
4. Affects consume. Because the air-conditioner was produced in the US.
5. Affects consume. They paid an accountant for a service produced in the U.S
6. Effect in government expenses. The salary for these workers is paid by the government, specifically the subdivision of New York.
7. Effect in government expenses. These economic benefits are paid by the government and no other private entities.
Answer:
a) Clem can deduct the $1,005 that he spent on tools and supplies. If they file their taxes jointly, they can also deduct the $4,570 spent on health insurance.
b) Both utilities and depreciation are deductible from their rental income = $1,750 + $1,225 = $2,975
c) The employer portion of self-employment taxes is deductible = $7,600. Wanda's social security payments are not deductible.
d) This a personal expense and it is not deductible.
Answer:
$2,100
Explanation:
Cash Available = Opening Balance + Receipts - Disbursements - Desired Balance
= $15,000 +$89,600 - $72,500 - $30,000
= $2,100
Therefore,
The excess of cash available over disbursements for the month would be $2,100
Answer:
c. $1,740 F
Explanation:
The 
is the measure of the 
between the amount of materials that is used in actual for the production process and the amount of the material that was expected or estimated to be used in the production process.
It is given that the Snuggs Corporation applies the variable overhead on direct labor hour basis.
Therefore, the SQ = 2.8 ounces per unit x 1100 units = 3080 ounces
The materials quantity variance = (AQ - SQ) x SP
= (2790 ounces - 3080 ounces) x $ 6 per ounce
= (-290 ounces) x $ 6
= $ 1740 F
