Answer:
Option A. Variable costs of $56,700 and $43,900 of fixed costs
Explanation:
Given:
Jase Manufacturing Co.'s static budget at 7,800 units of production includes;
Direct labor = $39,000
Electric power = $3,120
Total fixed costs= $43,900
Variable costs = [$(39,000 + 3,120) ÷ 7800] × 10,500= $56,700
Fixed costs = $43,900
Answer: Physical safeguard & security, Accuracy, Segregation of duties, Handling errors
Explanation:
Internal control could be defined as the process of handling an organization accounting and auditing process with it's specified objectives in compliance with laws, regulations and policies.
Here are the four purpose of internal control;
a) Physical safeguard & security; this is to ensure that physical assets and information have a controlled asses, and it's not easily assessible by anyone.
b) Accuracy: this is to ensure that all transactions are accurate when records are checked with the source of information where the transaction took place and the time it occurred.
c) Segregation of duties; this ensures that one individual cannot have access to the recording of information and processing of transaction.
d) Handling errors; this ensures that errors are checked at any stage with transaction occurred with corrections also made
Answer:
The correct answer is letter "B": A disciplinary approach.
Explanation:
A disciplinary approach or traditional approach is an authoritarian punishment method characterized for being radical in front of faults but flexible in front of the absences of major problems. It best describes TrustTech absenteeism policy since on daily basis employees control their own attendance but in front of recurrent absences at work disciplinary actions can take place known by the workers in advance.
Answer:
IRS ,AICPA Statements on Standards for Tax Services.
Explanation:
From the question, we are informed about Bob, that has a client with a strong belief that he is correct about an aggressive but creative tax position.
and how Bob files the tax return with disclosure on his client's included.
In the case of agreement on the disclosure of the position, then it should be disclosed to IRS. which is a form of Statements on Standards for Tax Services.they are responsible for quality control as far as tax is concerned.
Hello there!
Your answer would be C). Bank B for the car loan and Bank A for the savings account.
The reason why this would be your answer is because when you are opening a savings account, you want to make sure that the interest is high. However, when you get a new car, you want to make sure that the interest is low. Bank B provides a low interest rate, while Bank A provides a high interest rate.
Why are the two the opposite? Here's the answer:
Why you should get a high interest rate for a savings account:
You should get a high interest rate for the savings account because the interest you have for the savings account is the money that the bank will give you, so it's pretty much free money that the bank is giving you for having your money saved in their bank. If you want to get more money from the bank because of your savings account, then you should find one with a high interest rate.
Why you should get a low interest rate for a car (loan):
You should get a low interest rate for a car (loan) because the bank or people that you're loaning the money from is using interest to get your money. To make it easier, the people are using interests rates to make money, or profit, off of you. This is very important, interest rates DO NOT count towards the payment of the principal (amount to pay) for the car. In order for you to not help others make profit from you, you should get a car (loan) with a low interest rate, so you would be saving money and not help anyone use you as profit, and probably use that money for the car payments or other payments.
