The correct answer is
<span>C. update the account balances in the ledger.
Here, the word posting is used in its economic meaning which means what you wrote under C. It's not posting like when you post on facebook or similar. Updating the balance in the ledger is of extreme importance for avoiding problems with the law of avoiding things like bankruptcy.</span>
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Answer:
Cost of Make = $2,240
Explanation:
The computation of Saving in Cost by Make or buy is shown below:-
Make Buy
Material $2,800
($0.20 × 14,000 Buns)
Direct Labor $1,400
($0.10 × 14,000 Buns)
Variable Factory Overhead $560
($0.04 × 14,000 Buns)
Purchase Cost of Buns $7,000
(14,000 × $ 0.50)
Total Cost $4,760 $7,000
Therefore the Saving in Cost by Make = $7,000 - $4,760
= $2,240
Answer:
These factors include different parameters of financial result
Explanation:
It is general belief that management's reliance on measures such as profit or return on capital lead to short-termism. This is a common management oversight in using financial results as a parameter of success at an accounting based performance management. Therefore, it is believed that this approach could be adjusted with the usage of non-financial parameters of result. Time horizon's frequency determination is a necessity when we discuss monitoring of project performances. Completion of project involves three phases:
- initial
- progress
- closure
Parameters like ROI, RI, EVA and ROS all evaluate one period of time, but may be adapted to track multiple time periods
