Answer:
Sales
Explanation:
Sales is defined as the activities which are related to the selling or the number of the services or goods that are sold in the given period of time or year.
The seller who finished or concluded the sales in relation to the acquisition or appropriation or in a direct interaction at the time of sale with the buyer.
Therefore, the percentage of the sales method, separates the accounts on the balance sheet and pro forma income statement into those which change directly with sales.
Answer and explanation:
Direct labor rate variance contrasts current direct labor costs over the same duration of service with usual direct labor costs. Favorable fluctuations in the labor rate can be caused by hiring more unskilled workers, reducing the minimum wage, and inappropriately setting indirect labor costs.
Answer with Explanation:
Following are the benefits of using departmental Income Statements:
- Gives an understanding of where the company lacks efficiency
- Helps in setting budgets and efficiency cuts so that the management of the department works hard to lower operational lead time and other efficiencies found in the operational activities. By setting the budgeted income statement for the department, the appraiser of the company performance is possible by using variance analysis method.
- The Departmental Income Statement also helps in appraising performance of each department which helps identifying which department requires upper level management attention.
- It is very useful when undergo financial analysis of departmental income statement which helps in identification of problematic areas, which are lowering profits and thus corrective actions can be taken to overcome these issues.
- It helps in allocating of jointly shared costs of non production overheads like Accounts Department Costs, Audit Department Costs, Electricity bills, etc. This helps in better appraisal of departments and identification of appropriate basis. In the above case the appropriate basis would be Income balances for accounts department, Income Balances For audit department cost and electricity units consumption of each department.
The above benefits makes the department income statements important for the managerial use.
Answer:
B. Good. It means your loan is paid off.
Explanation:
When the account says "Pay as agreed," it means all the payments have been made in full and within the time agreed with the creditors. On the credit report, the ''pay as agreed'' is a status that shows all payments were made as per the terms of the creditor.
The "pay as agreed'' status shows the customer as a low-risk borrower. A lender will be willing to advance credit to such customers.
Answer:
The correct answer is A. True
.
Explanation:
The strategic position tries to identify the external environment, resources, competencies and capacities of an organization, as well as the expectations and influences of the interested parties, in other words, the development of the SWOT matrix.
The strategic positioning has been established as one of the main alternatives for the performance of organizations, since in addition to allowing companies to differentiate themselves from their competitors and give added value to the product and / or service they offer, they respond to the needs of buyers, leading not only to the satisfaction of the same, but achieving the favorable perception of customers, for the company, including loyalty for the product or service, which today is a great challenge, due to the strong competition.
