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STALIN [3.7K]
4 years ago
13

An activity variance is due to the difference between the level of activity used in the flexible budget and the actual level of

activity.
a. True
b. False
Business
1 answer:
andrezito [222]4 years ago
8 0

Answer:

a. True

Explanation:

The Activity variance is based on the difference in actual level of activity used in flexible budget and the level of activity accounted in the planning or master budget

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Difference between honors and regular classes
deff fn [24]
Honor classes are harder and require a B average. Regular classes are easier even though the same material is included in both.
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On January 2, 2020, Howdy Doody Corporation purchased 18% of Ranger Corporation's common stock for $52,000. Based on its ownersh
Arlecino [84]

Answer:

The Total amount is shown in the income statement $34,240

Explanation:

The computation of the amount that should be presented in the 2020 income statement is shown below:

Dividend collected by Howdy Doody corporation (18% of $68,000) $12,240

rise in Fair value of Stock credited to the income statement ($74,000 - $52,000) $22,000

The Total amount is shown in the income statement $34,240

8 0
3 years ago
You are reviewing your client’s Multicurrency company Balance Sheet, and the balance as of the previous fiscal year-end for thei
qaws [65]

Answer:

Foreign exchange loss

Explanation:

A foreign exchange gain/loss is normal for companies that operate in foreign countries. E.g. you prepared your financial statements by converting the foreign currency into your local currency, in this case you converted Canadian dollars to US dollars. But then the exchange rate between the currencies changes. If the value of the Canadian dollar's value increased after conversion, then you gained, and an adjustment must be made to show that gain. But if the Canadian dollar's value decreased after the conversion, then you lost (what happened here) and an adjusting entry must be made to report the loss.

In order to correct his, you must:

Dr Foreign exchange gain/loss 10

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4 0
3 years ago
List the four ways to become a business owner
777dan777 [17]
1. Start your own business2. Take over a family-owned business3. Buy a franchise4. Buy an existing operating business.
8 0
4 years ago
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Are the statements true, false, or uncertain arguments? An export tax always reduces the exporter's net revenues. It is highly e
Musya8 [376]

1. The statement is true

Export taxes are paid by the exporters. These taxes include customs and     shipment changes a as a as well.

2. The statement is uncertain

We cannot make out which industry will use technological spril overs and which industry will not use it.

3. The statement is false  

Child employment is in non-tradeable sector for most of the poor countries.

4. The statement is true

low GDP per capita mean the country does not have enough output per person. It is not able invest in the human capital of the Country. Each of facilities like education, hospitality is another result of low GDP per capita and thus, eventually. Low GDP per capita lead to child labor because these children and their parents does not have money & basic facilities and that is why choose this option.

Non-tradable sectors are composed of production, distributive alternate, repairs, shipping, accommodation, meals services sports (GHI), actual property activities (L), enterprise offerings (MN), and public administration (OPQ). All sorts of tradable sectors can create productivity increase

Learn more GDP per capita here:-

brainly.com/question/18414212

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8 0
1 year ago
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