1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
poizon [28]
3 years ago
12

Which statement is false?

Business
1 answer:
WINSTONCH [101]3 years ago
3 0

Option B, The predetermined overhead allocation rate is based on actual costs.

Explanation:

The term "pre-set overall rate" refers to the allocation rate at the outset of a project, which is based on the expected cost of overhead output for a certain reporting period.

This rate is often used to make book closure quicker as it eliminates estimation of real overhead costs as part of the closing process at the end of the period. Nevertheless, at least at the end of every fiscal year, the disparity between the real and expected overhead sums must be reconciled.

The predetermined rate is derived by calculation as follows:

Estimated amount of manufacturing overhead to be incurred in the period ÷ Estimated allocation base for the period

You might be interested in
What term represents the worldwide movement toward economic
Alexeev081 [22]
An economy because that is economics as a whole
4 0
3 years ago
4) Which of the following is least likely to be your primary health care provider?
Lelechka [254]
An allergist cannot be a primary care provider.
7 0
3 years ago
Note whether the following phenomena would be consistent with or a violation of the efficient market hypothesis.
denis-greek [22]

Answer:

D) Stock prices of companies that announce increased earning in January tend to outperform the market in February.    

Explanation:

The above is consistent with the Efficient Market Hypothesis. All others are a direct contravention.

<em>The efficient market hypothesis (EMH), also known as the efficient market theory, is a hypothesis that states that the prices of shares contain all information and that consistent alpha generation is impossible.</em>

According to the hypothesis, stocks always trade at their fair value on exchanges, making it impossible for investors to purchase undervalued stocks or sell stocks for inflated prices.

This means that it should not be possible to outperform the overall market through professional stock selection or market timing.

The only way according to EMH that an investor can obtain better returns is by purchasing riskier investments.  

By implication, this also means that it is not possible to "beat the market" consistently on a risk-adjusted basis since market prices should only react to new information.  

You would note that in the option D, earning (which is a key driver for demand of stock) is announced in one month. The natural reaction would be for the demand for that stock to surge in the next month.

4 0
3 years ago
List three classified ways of getting into small business?​
lisov135 [29]

Answer:

sole , partnership , team business

5 0
3 years ago
Read 2 more answers
Casey transfers property with a tax basis of $3,800 and a fair market value of $6,800 to a corporation in exchange for stock wit
ElenaW [278]

Answer:

$5789

Explanation:

Calculation to determine the amount realized by Casey in the exchange

Fair market value of stock $5250

Add Cash in transaction $ 720

Add Liability which is going to the buyer $ 830

Less Selling expenses ($461)

Amount realized $5789

($5250+$720+$830-$461)

Therefore the amount realized by Casey in the exchange is $5789

7 0
3 years ago
Other questions:
  • Cost Behavior; High-Low Method [LO2-4, LO2-5] Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The c
    12·1 answer
  • The income statement of Sarasota Company is shown below. SARASOTA COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020
    15·1 answer
  • A company reported annual wages expense of $348,000 and insurance expense of $42,000. During the year, wages payable decreased f
    8·1 answer
  • Backed by the U.S. government, these financial instruments are short-term debt obligations with a maturity of less than one year
    10·2 answers
  • When a corporation has both preferred and common stock outstanding, earnings per share is computed by dividing net income
    13·1 answer
  • Noah graduated with his B.A. in early childhood education in December, but public schools are not hiring until spring.
    13·1 answer
  • X Y and Z are partners sharing profit in the ratio of 2 by 3 ratio 1 by 4 ratio 1 by 12 calculate the new ratio if x retires ​
    8·1 answer
  • As a preferred stockholder, you are entitled to numerous preferences and privileges over common stockholders. If you are a prefe
    13·1 answer
  • Which type of tax is based on the retail price of goods owned, possessed, or consumed within a state that were NOT purchased wit
    5·1 answer
  • Developmental tasks: question 1 options: a) always involve children. b) occur at all stages of the life cycle. c) always impede
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!