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xenn [34]
3 years ago
13

1) What usually initiates data input into a system? A) The transaction system automatically checks each hour to see if any new d

ata is available for input and processing. B) The performance of some business activity generally serves as the trigger for data input. C) A general ledger program is queried to produce a trial balance at the end of an accounting period. D) Data is only input when a source document is submitted to the accounting department.Answer: BPage Ref: 26Objective: Learning Objective 1Difficulty : EasyAACSB: Analytic
Business
1 answer:
lilavasa [31]3 years ago
7 0

Answer:

B) The performance of some business activity generally serves as the trigger for data input.

Explanation:

The data input is collected based on business activity. The resources it affects and the parties who participates in the transaction

C) A general ledger program is queried to produce a trial balance at the end of an accounting period.

In this instante the ledger is not providing new data it is generating from existing data to produce the trial balance

A) The transaction system automatically checks each hour to see if any new data is available for input and processing.

The system can't check for new bill in the outside world. The persons provide with data not the system itself.

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2 years ago
Resale price maintenance occurs when: a. the manufacturer suggested retail price. b. minimum prices are enforced. c. consignment
Gemiola [76]

Answer:

b. minimum prices are enforced

Explanation:

The manufacturer of certain products deals with their distributors by exploiting the market failures to negotiate ceiling and minimum prices with the threat of not purchase if the agreement is not validated.

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3 years ago
Arntson, Inc., manufactures and sells two products: Product R3 and Product N0. The annual production and sales of Product of R3
Tcecarenko [31]

Answer:

$695.24 per unit

Explanation:

Calculation to determine what The unit product cost of Product R3 under activity-based costing is closest to

First step is to Calculate Activity rates

Activity Cost Pool Activity driver Overhead Cost (A) Expected Activity (B) Activity rate (A/B)

Labor related Number of DLH $ 40,636÷13,000 = 3.13 Per DLH

Production orders Number of Order 65,880÷ 1,600= 41.18 Per Order

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Second step is to calculate the Cost assigned to Product R3

Cost assigned to Product R3

Activity name Activity Rates Activity ABC Cost

(A) (B) (A x B)

Labor related 3.13 * 11,000 =$34,430

Production orders 41.18* 1,200=$49,416

Order size 56.98*3,900= $222,222

Total Overheads assigned $306,068

($34,430+$49,416+$222,222)

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Overhead cost per unit $278.24

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Direct material $211

Direct labor (10x $20.60 per DLH) $206

Overheads $278.24

Total Cost per unit $695.24

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Therefore The unit product cost of Product R3 under activity-based costing is closest to $695.24 per unit

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2 years ago
You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 4.2 percent indefinitely
mylen [45]

Answer:

$54.35

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2 years ago
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