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2 years ago

For higher levels of management, responsibility accounting reports:

Business

1 answer:

Yuri [45]2 years ago

5 0

Answer:

Option A is correct one.

Are more summarised than for lower levels of management

Explanation:

For higher levels of management, responsibility accounting reports are more summarised than for lower levels of management.

It is a summarised report facilitating the higher levels of management in order to keep a track of performance of low level management.

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Southwest Pediatrics has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $116,000; All

Vilka [71]

Answer:

Bad Debt expense = Allowance for uncollectible debit + (Estimated uncollectibles)

= 1,900 + (15% * 116,000)

= $‭19,300‬

Dec. 31 DR Bad debt expenses $19,300

CR Allowance for Uncollectable $19,300

2. Balance Sheet;

= 116,000 * 15%

= $‭17,400‬

Income Statement;

= $19,300

3. Net realizable value

= Accounts receivable - Estimated uncollectibles

= 116,000 - 17,400

= $‭98,600‬

6 0

3 years ago

Which of the following actions would the Federal Reserve most likely take to rein in spiraling inflation?

ryzh [129]

The right answer for the question that is being asked and shown above is that: "Increase reserve requirement." The action that would the Federal Reserve most likely take to rein in spiraling inflation is that of Increase reserve requirement.

The right answer for the question that is being asked and shown above is that: "Increase reserve requirement."

5 0

3 years ago

Read 2 more answers

Jose owns a dog whose barking annoys Jose's neighbor Amy. Suppose that the net benefit of owning the dog is worth $400 to Jose a

Alex Ar [27]

Answer: Jose has to pay $600.

Explanation:

Jose has to pay $600 to Jane for her inconvenience.

In Accordance with Coase theorem, when two conflicting parties exist, one has to ‘buy the right’ from the other party.

Which In this scenario or case, Jane has the ‘right to prevent Jose from having a dog’.

Thus, Jose has to pay compensation to Jane so that he can keep his dog and at the same time Jane is also compensated for the inconvenience which may arise later.

5 0

3 years ago

Read 2 more answers

Trust Machines Inc. is a company that manufactures and markets consumer electronics. The unique microprocessors developed by the

enyata [817]

Answer:

Difficult to Imitate (I)

Explanation:

The unique microprocessors developed by the company contribute to its high resource immobility. According to the resource-based view of competitive advantage, when a company is achieving resource immobility, it allows the company to create competitive advantage.

The theory of Resource-Based View is that if Trust Machines can create a company of people, processes and technologies that cannot be easily copied or imitated by competitors it means that your resources are diverse and immobile, and it can create competitive advantage.

3 0

3 years ago

The potential advantages of traditional mail surveys are quick response and lower cost than online surveys, but this advantage h

AURORKA [14]

Answer:False

Explanation:

The potential advantage of online surveys are quick response rate and low cost than traditional surveys. This statement contradicts the above stamement.

Online surveys has faster medium to reach the target audience,cost-efficient.These are characteristics of online survey not traditional survey

So therefore it is false

8 0

3 years ago