Answer: C
Explanation:
Broker K's suggestion will cost Jim $148.57 less than Broker J's suggestion
Answer:
a.rate variance
Explanation:
The labor rate variance arises when the rate is paid for the labor is different as compared with the standard rate
Also the variance could be favorable or unfavorable that based whether it is below the standard rate or higher standard rate as compared with the actual rate
hence, in the given situation, the correct answer is a. rate variance
Accurate data entry speeds the correct payment of claims and lessens the chance of federal audit. Federal audit clearinghouse operates on behalf of the office of management and budget. its primary functions includes, distributing single audit reporting packages to federal agencies, support OMB oversight and assessment of federal award audit requirements, maintain a public database of completed audits and help auditors and auditees minimize the reporting burden of complying with single audit requirements.
Answer:
There is a change of $27,500 (decrease)
Explanation:
Cash realizable value is the amount of money that the company expects to receive from their accounts receivable after deducting all uncollectible accounts.
First, we must compute the change in gross accounts receivable from the transactions happened during the year.
Sales on account less collections less write-offs = change in Gross accounts receivable.
$866,000 - ($522,000 + $42,500) = $301,500 (increase in gross accounts receivable)
Finally, we can now compute the change in cash realization value by deducting uncollectible accounts to gross accounts receivable.
$301,500 - $329,000 = ($27,500)
<span>B. prepaid check
that right if not it is C</span>
