Answer:
Explanation:
Process perspective relates to the study of how a business runs internally. Measures based on this process allows the management to make an efficient decision on how their services meet the demands of their clients.
By the application of the process perspective method, the simple hierarchy of the campus is shown below.
Management of Campus
Management of campus succeeded in the process of making
guidelines for various affairs associated with the student.
↓
Campus
Campus has several departments that deal with the various entities
of the campus such as lecturers, industries, senate delegates,
governmental agencies, student's welfare, etc.
↓
Student's welfare department
↓
↓ ↓ ↓ ↓ ↓
Scholarship Examination Event Grevianve Alumni
Unit Unit Unit Unit Unit
Answer:
B. cost of a market basket of goods and services typically consumed in the current period.
Answer:
True
Explanation:
For instance, for a car importer to become compliant, the importer must show that it exercised reasonable care in the filing of its Customs entries—by following a standard of behavior set by the law. Which includes hiring a customs specialist
Answer: Sell before assembly, the company will be better off by $1 per unit.
Explanation:
To solve the above question, we need to calculate the incremental profit or loss first. This will be:
= After assembling sales value - Unassembled unit sales value - Coat if further processing
= $87 - $62 - $26
= -$1
Since there is an incremental loss of $1, then the correct answer is "Sell before assembly, the company will be better off by $1 per unit".
Answer:
Debit to Rent Expense for $700
Explanation:
When the company paid $1,200 in advance for 12 months of rent, the monthly amount is $100 [$1,200 ÷ 12 months]. After seven months have passed, the prepaid rent that has expired is $700 [$100 × 7 months].
When the rent was prepaid, the resulting journal entry was:
(DR) Prepaid Rent, $1,200
(CR) Cash, $1,200
To expire seven months of prepaid rent, the resulting journal entry is:
(DR) Rent Expense, $700
(CR) Prepaid Rent, $700
