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arlik [135]
3 years ago
12

This term refers to the percentage of the civilian workforce who are available for a job but do not have one.

Business
1 answer:
nikitadnepr [17]3 years ago
4 0
Unemployment rate because
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Poland's Paints allocates overhead based on machine hours. Selected data for the most recent year follow.Estimated MOH $238,000A
Ulleksa [173]

Answer:

B.) $11.90

Explanation:

Predetermined manufacturing overhead rate are based on the estimates made by the company.

So the calculation should be:

Estimated MOH of $238,000<em> divided by</em> Estimated Machine Hours of 20,000.

Giving us the result of $11.90

(238,000 / 20,000 = 11.90)

7 0
3 years ago
Mahogany inc. is a consulting firm. it reports its results on a cash-basis with a fiscal year ending june 30th. mahogany perform
Dimas [21]
<span>If these are the missing choices:
</span>A  :  the Securities and Exchange Commission, income principle  
<span>B  : GAAP, revenue recognition principle 
C  : GAAP, expense recognition principle 
D  : the IRS, tax principle </span><span>

My answer is: </span><span>B  : GAAP, revenue recognition principle  
</span><span>
The cash-basis is not in accordance with GAAP, and mahogany is in violation of the REVENUE RECOGNITION PRINCIPLE.

GAAP refers to Generally Accepted Accounting Principle. 

It is stated that income must be recognized when it is earned not when cash is received. Because the company is using cash-basis, they will only report income earned on July 12 when they received the money not when they earned it which is before their fiscal year ending June 30. 
They should recognized receivables from customers before closing the books for the fiscal year. </span>
6 0
3 years ago
A scope limitation sufficient to preclude an unqualified opinion always will result when management:__________
vovikov84 [41]

Answer:

The answer is D.

Explanation:

A scope limitation in audit means circumstances hindering an auditor from carrying out his duties according to the audit procedure. A scope limitation can make an auditor issue a qualified opinion or a disclaimer of opinion depending on the materiality of the issue.

Back to the question, a scope limitation sufficient to preclude an unqualified opinion always will result when management refuses to provide a representation letter acknowledging its responsibility for the fair presentation of the financial statements in conformity with General Accepted Accounting Principle (GAAP)

4 0
2 years ago
If a country had a CPI of 91.0 last year and a CPI of 90.0 this year, then
Sergio039 [100]

Answer 1: The Correct answer is C) the average prices of goods and services decreased between last year and this year.

CPI stands for consumer Price Index. Also known as the 'basket' the index is developed by national governments to monitor the prices of basic goods and services used by the population.

This has to include basic items that the majority of population uses every day e.g. milk, chicken, electricity etc.

In this case, the CPI had decreased from 91.0 to 90.0 which means the prices fell.

Answer 2: The correct answer is A) 3.6%

The formula to calculate unemployment rate is:

No. of unemployed ÷ No. of Working People x 100

In this case, it was 9 million divided by 250 million x 100

3.6% unemployment rate is actually very less for an economy and is an indicator that the economy is doing well and creating enough jobs for most people. A high unemployment rate signals a worsening economy.

6 0
3 years ago
You sell jeans in a market without price controls. you want to charge the _____ price so consumers will demand all the jeans you
yuradex [85]
EQUILIBRIUM. That is the answer for the problem

3 0
3 years ago
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