Answer:
C. Both A and B
Explanation:
Operation Costing:
is the acccount of process costing until there is a split-point when the costing systems moves to job system.
This means the materials are calculate with calculate with process costing. And then there is a degree of customization which makes the job costing useful.
(A) FALSE is the other way around. The system use process costing until split point, when it switch to job costing for specific procedures.
(B) FALSE
An automobile manufacturer do the same car over and over.
There is no difference between the car. It will use process costing.
Answer:
B. What must be given up to acquire it
Explanation:
The opportunity cost is the cost which is to be sacrificed to gain for some better option
Since in the given case the aunt is thinking to open a hardware store but it will cost her $500,000 for rent and the to purchase the stock
And, also she also have to quit her accountant job for $50,000
So in this option quitting the job is to be considered as an opportunity cost
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
A machine costing $251,800 was purchased May 1. The machine should be obsolete after three years and, therefore, no longer useful to the company. The estimated salvage value is $3,400.
A) Straight-line:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (251,800 - 3,400)/3= $82,800
B) Double declining balance:
Annual depreciation= 2*[(original cost - residual value)/estimated life (years)]
Year 1= (248,400/3)*2= 165,600
Year 2= 55,200
Year 3= 18,400
Answer:discover where the company's product or brand is on these attributes in the minds of potential customers.
Explanation: The position of a product in the minds of Customers or consumers is a vital factor in determining the sales that can be generated from the product. The perception of potential customers is necessary,so a good marketer or business organisations must ensure that it works to improve upon the perception of its customers concerning it's products or services.
discovering where the company's product or brand is on these attributes in the minds of potential customers is one of the four steps required.
Your question is quite unclear, However it would be inferred you want a match of the functions of the abbreviated organizations.
Explanation:
Wassenaar Arrangement
C. International agreement that controls the export of encryption technologies; in order to combat terrorism.
HIPIAAB (Health Insurance Portability and Accountability Act).
D. Provides data privacy for safeguarding medical information
PCI DSS (Payment Card Industry Data Security Standard).
A. Provides safeguards for credit card transactions
GLBAD (Gramm-Leach-Bliley Act)
B. controls the way financial institutions deal with private information of individuals.
SOX (Sarbanes-Oxley Act).
F. protects investors from fraudulent accounting activities.