Answer:
False
Explanation:
Rule of thumb is generally an important factor in the decision-making process and they are made to mitigate the chances of errors. In decision making, there are various aspects which are involved and every time a decision is made circumstances are different. That is why the rule of thumb doesn't work always. So, the above statement is false, the rule of thumb can lead to severe errors in the decision-making process.
Commission is money that you get if you successfully
Complete a task :)
Answer:
the guarantee that employees in a pension plan will receive a pension at retirement age, regardless of whether they stay with the employer.
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Thus, while an employer may be the owner of a business firm or company, an employee is a subordinate employed to provide unwavering services to the employer while also, being professional and diligent at all times.
Vested rights can be defined as an unconditional right belonging to an individual as a property interest and as such cannot be denied, impaired or taken away from him or her. Thus, these rights are generally enforceable claims under the law.
Hence, vesting rights is the guarantee that employees in a pension plan will receive a pension at retirement age, regardless of whether they stay with the employer.
Based on the question, a table was found to supplement the needed data.
Problem: Found the utility cost
Given:
Based on the given table Units Utility Cost
High-Level Activity $8,000 $8,000
Low-level Activity $5000 $1,500
Mathematical Operation: multiplication, addition, subtraction and division
Solution: Variable cost per unit (VSU), Change in Cost (CC), Cost in Activity (CA), Fixed Cost (FC), Variable Cost Element (VCE), Total Cost (TC) High-Level Activity Unit (HLAU)
VCU= CC÷ CA
= $1,500 ÷ 3,000 units
= $0.50 per unit
Fixed cost = TC- (VCE [VCUx HLAU])
= $8,000 - ($0.50 per unit × 8,000 units)
= $8,000 - $4,000
<span> = $4,000
</span>
The Choices are:
A.Y = $1.00 X
B.Y = $1.25 X
C.Y = $4,000 + $0.50 X
D.Y = $1,500 + $1.25 X
The answer is A.
Answer:
Please refer to the below
Explanation:
Journal entry as seen below
Feb 28 Sales tax payable Dr $975
Cash Cr $975
Since Jewelry store collected the sales tax from its customers, sales tax account will be debited because it reduces the balance in the account while cash account will be credited because the balance therein increases due to the sales tax collected.
