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3 years ago

Match the cost or benefit with the appropriate spending decision.

Business

1 answer:

Papessa [141]3 years ago

5 0

Answer:this is the correct answer

Explanation:

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When somebody buys an insurance policy, that person is seeking to transfer risk away from herself and pass it on to the insuranc

Sonja [21]

Exactly, when someone buys an insurance policy that person is making sure that whatever happens to him/her, there is the policy to compensate for something that will be lost. He/she is transferring the risk away and pass it on to the insurance company for safekeeping.

3 0

3 years ago

Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its

Amanda [17]

Answer:

Over-applied by $3,842

Explanation:

If, Applied Overheads > Actual Overheads, overheads have been overapplied.

and

Since, Applied Overheads < Actual Overheads, overheads have been under- applied.

Applied Overheads = Predetermined rate x Actual Activity

where,

Predetermined rate = Budgeted Overheads ÷ Budgeted Activity

therefore,

Predetermined rate = $ 157,050 ÷ 4,500

= $34.90

Applied Overheads = $34.90 x 4,580 = $159,842

Since, Applied Overheads > Actual Overheads, overheads have been overapplied.

Over-applied overheads = $159,842 - $ 156,000 = $3,842

5 0

3 years ago

Hernandez Company has 560,000 shares of $10 par value common stock outstanding. During the year, Hernandez declared a 10% stock

denis-greek [22]

Answer:

RE decrease: 1,960,000

Explanation:

Retained earnings will decrease for the total amount of the dividends.

stocks dividends

560,000 shares

10% stock dividends: 560,000 x 10% = 56,000 shares

56,000 x $30 = 1,680,000 stock dividends

cash dividends:

560,000 x 0.50 per share = 280,000 cash dividends

Total dividends: 1,680,000 + 280,000 = 1,960,000

that will be the RE decrease

3 0

3 years ago

Which of the following attributes is most typical of a service? A. mass production B. production and consumption occur simultan

kenny6666 [7]

Answer: Production and consumption occur simultaneously

Explanation:

Services are intangible quantities that possess value and can be traded, services cannot be stored therefore it most times is produced and consumed at the same time.

5 0

3 years ago

Which of the following is not a basic principle of the COSO ERM framework?

Gnom [1K]

Answer:

The correct answer is letter "B": Companies are formed to create value for society.

Explanation:

The Committee of Sponsoring Organizations (COSO) is an international acknowledgment organism where basic risk regulating frameworks and accomplishment in organizational internal control matters are established. When it comes to Enterprise Risk Management (ERM) the committee proposes key principles and concepts for clear guidance.

Creating value for society is not included in one of the core objectives of the COSO ERM.

8 0

3 years ago