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adelina 88 [10]
3 years ago
7

Which of the following statements is incorrect when allocating service department costs to operating departments?

Business
1 answer:
Whitepunk [10]3 years ago
6 0

Option C is incorrect when allocating service department costs to operating departments.

<u>Explanation: </u>

Typically, fixed costs are not assigned to working departments; however, they have to be absorbed by the service. This statement is incorrect in the service dept. Cost to Operating dept.

The reciprocal method assigns the cost of services to operating departments and other departments. The reciprocal costs are identified and the costs are assigned to each other and to services offered by each service department.

For example, if Service Department A requires certain services of Service Department B, the cost allocation system would not include these services. Since these services are not delegated to other departments, some auditors assume that the direct approach is not right.

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The companies that measure the program audiences of TV and radio stations for advertisers and broadcasters are known as
dusya [7]

Answer:

Rating Services

Explanation:

Rating Services are forms of media infographic services that assess and calculate the program audiences of Television and radio stations for various advertisers and broadcasters by selecting a representative sample of the market and then provide detailed data on the quantity and qualities of the viewers or listeners.

Hence, the right answer is Rating Services.

4 0
3 years ago
On the day before his presentation, Jamie was advised to.
stellarik [79]

Answer:

Go to the room beforehand and figure out what technology he needed to bring.

Explanation:

In bussiness presentation you wont always expect your client to provide you with the technology needed to give the presentation. It is best for you to ask and then come prepared rather than go empty handed.

5 0
3 years ago
During its 1st month of business, Noodlecake's cash increased by receiving $5,000 from issuing common stock to its owners, borro
Anestetic [448]

Answer:

Noodlecake

On its statement of cash flows, Cash Provided by Operating Activities equals $__1,000____ Cash from Investing Activities equals $__(3,000)______ Cash from Financing Activities equals $_7,000______  and the Change in Cash equals $_5,000______ Be sure to use parentheses around the amount if it is a cash outflow, e.g. $(1,000)

Explanation:

a) Data and Calculations:

Financing activities:

Common stock $5,000

Bank loan            2,000

Net cash           $7,000

Operating activities:

Cash from customer $3,000

Cash to employees   (2,000)

Net cash                    $1,000

Investing activities:

Equipment     ($3,000)

Net cash from cash flows = $5,000

The net cash from cash flows or the change in cash flows is the summation of the changes in the operating, investing, and financing activities of Noodlecake during the period under review.  It shows by how much the cash has increased or decreased when compared to the beginning balance, which can be zero as in this case.

3 0
3 years ago
A financial analyst expects KacieCo. to pay a dividend of $3 per share one year from today, a dividend of $3.50 per share in yea
Helga [31]

Answer:

If your required return on KacieCo stock is 15 %, the most you would be willing to pay for the stock today if you plan to sell the stock in two years is $26.43

Explanation:

Accoring to the given data we have the following:

D1= $3

D2=$3.50

P2=$28

Ks=15%

Therefore, in order to calculate the most P0 you would be willing to pay for the stock today if you plan to sell the stock in two years, you would have to use the following formula:

P0 = PV of D1 + Pv of D2 + PV of P2

P0 = D1/(1+ks)^1 + D2/(1+Ks)^2 + P2/(1+Ks)^2

P0 = 3/(1+15%) + 3.5/(1+15%)^2 + 28/(1+15%)^2 = $26.43

6 0
3 years ago
Which strategy is developed to pull together the various activities and competencies of each department so that corporate and bu
777dan777 [17]
The strategy that is developed to pull together the various activities and competencies of each department so that corporate and business unit performance improves and resource productivity is maximized is <span>Functional strategy</span>
5 0
3 years ago
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