Answer:
A. the illusion of invulnerability
Explanation:
This group will most likely develop overconfidence in any future task assigned to them. This is based on the fact that they have a repetitive history of successfully completing its project in time. By being overly optimistic , analytical thinking can be eliminated and these symptoms of groupthink are referred to as the illusion of invulnerability. The group therefore can end up taking too much risk as the members feel that no obstacle can hinder them from being successful in their projects.
Answer:
<u>a. $2,673 over applied</u>
Explanation:
a. Remember, it was mentioned that the company's predetermined overhead rate is $81 per hour of bandsaw use, although the actual hours of bandsaw use 153.
Calculating the results we have $2,673 over applied (actual value= $81*153-$15,066).
b. In preparing an income statement all underapplied overhead would be recorded as a prepaid expense on the balance sheet and then corrected through increasing cost of goods sold at the end of the time period.
Answer:
To reduce the chance of fraud.
Explanation:
An appropriate practice to reduce transaction fraud would be "traceability," which is the ability to track and follow the supply chain of some manipulation. This greatly helps prevent fraud and loss of information.
Financial frauds are actions that a person performs in order to obtain a profit of their own at the cost of damage the economy of another.
False patient records are very structured so that they know what they have done and when they did it to make further progression
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Answer:
Absolute reference
Explanation:
An absolute reference in excel indicates a reference that is locked such that rows and columns do not alter when copied to another cell in the excel sheet.
It points to an actual fixed location in excel and absolute referencing is simply by adding a dollar sign before the row and column.
In other words ,Ellen will absolutely reference her income ,as the income is the same month-on-month.
