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liq [111]
4 years ago
8

What is the primary difference between variable costing and absorption costing?

Business
1 answer:
andre [41]4 years ago
8 0
Variable costing method is used mostly for internal management decision making process. While absorption costing method is used for both internal and external decision making process
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Which of the following is the term for items that you hand off to a client or management for review and approval and that must b
jenyasd209 [6]

Answer:

B. Deliverables

Explanation:

Deliverables -

It refers to the good and services , which may or may not be tangible , that are produced by some project which need to be delivered to the customer , which can be internally as well as externally , is referred to as deliverables.

Since, deliverables are intangible so , it can be software or presentation.

Various small deliverables merge together to form a deliverable.

Hence, from the given information of the question,

The correct option is B. Deliverables .

8 0
3 years ago
The Love of Money is the root of all evil but if i give you money you will take it why???
ziro4ka [17]

Answer:

cause we need money for basic needs

such as cloths,shelter,education,medical needs e t c.

6 0
3 years ago
Read 2 more answers
When preparing journal entries, the account titles are selected using either the dropdown menu (if available) or by keying in th
Ira Lisetskai [31]

Answer:

True

Explanation:

The journal entries are the recording of the transactions in which the one account is debited and another account is credited along with the description and the date.

If we take the example.

Rent is paid for cash for $10,000

So, the journal entry would be

Rent expense A/c Dr $10,000

      To Cash A/c $10,000

(Being rent is paid for cash is recorded)

So, the given statement is true

6 0
3 years ago
Sheffield Company owns equipment that cost $1,053,000 and has accumulated depreciation of $444,600. The expected future net cash
Pani-rosa [81]

Answer:

Explanation:

The journal entry is shown below:

Loss on impairment A/c Dr $140,400

       To Accumulated impairment loss A/c $140,400

(being the impairment loss is recorded)

The computation is shown below:

= Carrying value of the equipment - fair value of the equipment

where,

Carrying value of the equipment would be

= Cost of the equipment - accumulated depreciation

= $1,053,000 - $444,600

= $608,400

So, the loss would be

= $608,400 - $468,000

= $140,400

7 0
3 years ago
erest rate parity holds. The U.S. interest rate is 13 percent and the British interest rate is 10 percent. The forward rate on B
vampirchik [111]

discount; 2.73

premium; 2.73

discount; 3.65

premium; 3.65

The forward rate on British pounds exhibits a premium of 2.73 percent.​Answer: Option 2.

<u>Explanation:</u>

An interest rate is the percentage of principal charged by the bank for the utilization of its cash. The chief is the measure of cash advanced. Since banks acquire cash from you (as stores), they additionally pay you a loan fee on your cash.

The nominal interest rate is the rate of interest with no alteration for inflation. For instance, assume somebody stores $100 with a bank for 1 year, and they get enthusiasm of $10 (before charge), so toward the year's end, their parity is $110 (before charge).

3 0
3 years ago
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