Answer: (A) Due process of law
Explanation:
The due process of law is one of the type of legal demand for the state that helps in balancing the various types of laws that is power of the land and it also protecting the people from principle. There are basically five types of elements in the due process of law are as follows:
- Equality
- Expedition
- Equity
According to the given question, Gilda is basically accusing the conspiracy to the defraud and the given procedure is basically representing the due process of law. As, this type of law cannot be deprive of the property and the liberty without any given legal procedure.
Therefore, Option (A) is correct answer.
The standard rate per unit equals the variable portion of the predetermined overhead rate.
The Standard rate per unit refers to the accepted or budgeted rate per unit for a cost.
The Standard rate per unit is different from Actual rate per unit because Standard rate is the estimated rate while Actual rate is the realized rate.
Variable overhead are the costs of operation which fluctuates with the level of the business/manufacturing activity.
Therefore, Option A is correct because the standard rate per unit which is expected to be paid for the variable overhead equals the predetermined overhead rate.
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Answer:
finite and take millions of years to replenish
Explanation:
Oil reserves can be regarded as a the amount of crude oil which can be recovered technically at a cost which is feasible financially as regards present price of oil. Therefore, there will always be change in reserve with the price, compare with oil resources, that encompass all oil which can be technically recovered at any price.
Oil reserves can also be explained as estimate amount of crude oil that is been located in a particular economic region. oil reserves always posses potential of being extracted through current technological constraints. Calculations of Reserves based on a proven/probable basis, which means that oil pools which is situated in unattainable depths, cannot be said to be part of a nation's reserves. It should be noted that Oil reserves buried deep underground are finite and take millions of years to replenish
Answer:
a. $32,300
b. $36,300
Explanation:
The computation of the net income under each method is shown below:
a. Cash basis
Net income = Revenues - expenses
= $106,000 - $73,700
= $32,300
b. Accrual basis
Net income = (Collection - service performed collection last year + service performed) - (expenses incurred in current year - expenses incurred in last year + additional expenses incurred in current year)
=($106,000 - $25,600 + $40,700) - ($73,700 - $30,900 + $42,000)
= $121,100 - $84,800
= $36,300