Answer:
B. Journal entry-level
Explanation:
When using ABC, costs can be gathered at different levels. These levels are all of the following except "journal entry-level".
Therefore, costs can be gathered in Unit-level, Batch-level, Factory-level and even Product level.
Activity-Based Costing (ABC) is actually a costing method which tends to identify the activities that are carried out in organization and gives the costs of each activity to the products and services by what they actually consume.
Answer:
The answer is: FALSE
Explanation:
Documents are the most significant evidence in most fraud cases. Those who commit fraud will generally try to manipulate documentary evidence. Investigating the company's databases and accounting records are the best way to get documentary evidence. Also, documentary evidence is considered to be more reliable than eyewitness testimony.
Answer:
The correct answer is $10,800.
Explanation:
According to the scenario, the given data are as follows:
Jill's salary = $90,000
Jill's maximum contribution = 12%
So, we can calculate Jill's maximum tax-deferred contribution by using following formula:
Maximum tax-deferred contribution = Jill's salary × Maximum contribution percentage.
= $90,000 × 12%
= $90,000 × 0.12
= $10,800
Hence, Jill's maximum tax-deferred contribution to the plan for the year is $10,800.
Answer:
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