Investing in plant upgrades to reduce the reject rates at each of the company's plants is an action that is unlikely to help make a company's branded footwear more competitive vis-a-vis the brands of rival firm.
<h3>What is a brand?</h3>
A brand is an identity, like a logo which people identify a firm or an organization with. It is an intangible business concept that helps people identify a company, product, or individual.
When a company invest only in plant inorder to reduce the reject rates at each of the company's plants, such would not make a brand less competitive because of such investment it has made.
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Answer: (A) Computer service expenses of production scheduling for operating departments
Explanation:
The computer services expenses of the production scheduling is one of the type of indirect expenses and also the type of service department expenses type in the operating department.
The indirect expenses is one of the type of expenses that cannot be directly contribute with the cost object or services in the business department expenses.
According to the given question, the computer service expenses is one of the allocation basis that is used as the indirect expenses in an organization or firm and the indirect expenses are categorized into two main parts that is:
1) Fixed
2) Recurring
Therefore Option (A) is correct answer.
Answer:
A. Option B requires <u>more</u> time and <u>less</u> money.
Explanation:
- Option B requires 4 years whereas option A requires 2 years. -> 4>2
- Option B requires $20,000 years whereas option A requires $25,000. -> $20,000 < $25,000
Answer:
the correct answer is 380,000
Explanation:
1,700,000 × 40% =680,000
680,000-300,000=380,000
Qualification of the audit report.
A refusal by a lawyer to furnish information related to litigation included in the letter of inquiry is likely to result in Qualification of the audit report.
<h3>What is Qualification of the audit report?</h3>
- When the scope of the auditor's job is limited or when there is a difference of opinion with management on the application, acceptability, or sufficiency of accounting policies, the auditor's report is qualified.
- For auditors, a report must qualify an issue as material or as economically worthwhile.
<h3>What is an audit report with qualified opinion?</h3>
- An auditor's qualified opinion states that, with the exception of a particular area, the financials are fairly reported.
- A qualified opinion is typically still acceptable to lenders, creditors, and investors, unlike an unfavorable or disclaimer of opinion.
<h3>What exactly is qualified reporting?</h3>
- An audit report that has qualifications is one that is not error-free.
- The auditor may qualify his report if he has any concerns about particular processes indicated in the financial statements.
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