Answer:
d) Materiality
Explanation:
Materiality is defined as the impact of the omission of trivial matters that are important to the report audience. In the question given this materiality is the reason why the company's independent accountants did not protest.
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Answer:C. social economic
Explanation:Social economic phylosophy is the kind of phylosophy,that deals or considers the society in making Economic decisions.
Some companies apply this kind of phylosophy as a management Objective to help to better the life of its consumers as it aims to make profits.
The action of TOMS are social economic Business phylosophy,it made cheap shoes and gave free shoe for every purchase,this will reduce the cost of purchasing shoes and make it affordable evn as the company makes profit.
Answer: needs are more important than wants ! you need to water to survive but want the new PS5.
Explanation:
Answer:
C. $3,400 F
Explanation:
The computation of the direct labor rate variance is shown below:
Direct Labor Rate Variance
= (Standard rate - Actual rate) × Actual hours
= ($12 - $200,600 ÷ 17,000 labor hours) × 17,000 direct labor hours
= ($12 - $11.8) × 17,000 direct labor hours
= $3,400 favorable
Since standard cost is more than the actual cost which leads to favorable balance
