Answer: is based on when the asset is expected to be converted to cash, or used to benefit the entity.
Explanation:
Also known as a Short-Term asset, a current asset is an item of value that a company can either use or sale within a period to gain cash to clear current liabilities. Current assets can easily be converted to cash by sales or use.
First answer is c and the second answer is a
Answer:
Applied overhead: 387,750
underapplied by 74,250
Explanation:

to get the predetermined overhead rate we will distribute the expected cost along a cost driver. In this case, labor hours.
403,260 / 61,100 = 6.6
Then, we apply this rate to the actual labor hours for the period:
58,750 x 6.6 = 387,750
This will be the applied overhead for the period.
The we compare with the actual overhead:
387,750 - 462,000 = (74,250)
As the actual cost were higher the overhead was underpapplied.
Answer:
False
Explanation:
As for an individual, short term goal period does not exceed a time span of maximum 6 months.
More than that will always be considered as long term goal.
Buying a flat screen TV is short term but collecting money for that in term of 3 years is always long term as the period is more than 6 months.
Therefore, the above statement is false.
Answer:
someone will be with you in a moment
Explanation: