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4 years ago

11

Very few experienced employees have skills and knowledge that are considered to be at a higher level than what they use at their

jobs.
a. True
b. False

1 answer:

kakasveta [241]4 years ago

7 0

The answer should be A

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At the beginning of the year, Crane Company estimates annual overhead costs to be $2400000 and that 400000 machine hours will be

andriy [413]

Answer:

the amount of overhead applied during the year is $2,250,000

Explanation:

The computation of the overhead applied is shown below;

= Estimated annual overhead ÷ machine hours × actual machine hours

= $2,400,000 ÷ 400,000 machine hours × 375,000 hours

= $2,250,000

hence, the amount of overhead applied during the year is $2,250,000

7 0

3 years ago

An independent review and examination of system records and activities in order to test for adequacy of system controls, to ensu

lubasha [3.4K]

Answer:

Audit

Explanation:

Financial auditing is the process of examining an organization's (or individual's) financial records to determine if they are accurate and in accordance with any applicable rules (including accepted accounting standards), regulations, and laws.

External auditors come in from outside the organization to examine accounting and financial records and provide an independent opinion on these records. Law requires that all public companies have their financial statements externally audited.

Internal auditors work for the organization as internal employees to examine records and help improve internal processes such as operations, internal controls, risk management, and governance.

8 0

4 years ago

There is an inverse relationship between bonds' quality ratings and their required rates of return. Thus, the required return is

iragen [17]

Answer:

True

Explanation:

Investors are risk adverse, that means that under normal conditions if they have to choose between two securities that yield the same rate of return, they will always choose the less risky.

That means that riskier securities must yield higher rates of return to compensate for the higher risk.

3 0

4 years ago

A company purchased a building for $850,000 on January 1, 2010. As of December 31, 2014, $200,000 of accumulated depreciation ha

AVprozaik [17]

Answer:

On the sale of this building, the company should recognize:_______

c. A gain of $600,000

Explanation:

a) Data and Calculations:

The cost for the Purchase of building on January 1, 2010 = $850,000

Accumulated depreciation as of December 31, 2014 = 200,000

Book value of building as of December 31, 2014 = $650,000

Sale proceeds on January 1, 2015 = $1,250,000

Gain from the sale of the building = $600,000

3 0

3 years ago

In addition to teaching some amount of tolerance, the crusades also encouraged ______.

Lilit [14]

People to do more types of math

3 0

3 years ago