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Dimas [21]
3 years ago
12

Which of the following are true about cost allocation? A. Cost allocation is a form of transfer pricing for indirect costs B. Co

st allocation is an internal tax on services C. Cost allocation distorts choices that managers would make otherwise D. Cost allocation should be imposed when marginal cost exceeds average cost of an internal resource E. All of the above
Business
1 answer:
zhannawk [14.2K]3 years ago
6 0

Answer:

E. All of the above

Explanation:

all of the given options qualify as being true about cost allocation.

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The generally accepted accounting principle which dictates that revenue be recognized in the accounting period in which the perf
ipn [44]

Answer:

Revenue recognition principle.

Explanation:

The revenue recognition principle states that revenue is recognized in the accounting period in which the performance obligation is satisfied. The cash-basis of accounting is in accordance with generally accepted accounting principles.

7 0
2 years ago
For the year ended December 31, Depot Max's cost of goods sold was $56,900. Inventory at the beginning of the year was $6,540. E
il63 [147K]

Depot Max's inventory turnover for the year is 8.3

Given

Cost of goods sold = $56900

Begining Jovenstory = $6540

Ending Inventory = $7250 .

Average inventory = opening inventory + closing inventory  / 2

= $6 540 + $-7250 / 2

Average inventory = $6895

cost of goods old

.: Inventory turnover = cost of goods sold / Average inventory

56900 / 6895

= 8. 252 times

He Depot Max's Inventory 8.3 times (approx ).

Learn more about turnover here: brainly.com/question/25623677

#SPJ4

3 0
2 years ago
The audit expectation gap occurs when there is a difference between the expectations of the ________. a. generally accepted acco
Mrrafil [7]

Answer:

c. auditors and financial statement users.

Explanation:

This is because, the auditors and the financial statement users tends to have different views on what their responsibilities are. Since their views differs, their tend to be a gap which occurs. <em>This gap is called audit expectation gap. This could be minimized through self regulating auditing of the financial statement before the final auditing by auditors.</em>

6 0
3 years ago
A food worker needs to cool a large pot of soup How should the food worker cool the soup?
Lilit [14]

Answer:

a)use an ice paddle. it is the most suitable way

3 0
3 years ago
Suggest and critically discuss a model that helps managers to decide to adopt an offensive or defensive route. Support your answ
Artist 52 [7]

Answer:

Please find the complete question in the attached file.

Explanation:

In order to study the impact on five forces and thereby decipher an offensive or defense strategy to stay competitive and maintained, management must employ a prototyping approach as Porters 5 Headed framework. Samsung, for example, should adopt a great combination because of its subsequent globalization.

Providers' bargaining power — In this industry, several companies offer low-cost services, which indicates the suppliers have much less bargaining energy.

Consumers' trading strength - Since Hyundai either works in a totally competitive environment or an oligopolistic marketplace across the globe.

The threat of new entries – The risk is significantly greater because new entries from low-cost China carriers can eat Samsung share since they are tax- and licensing-friendly.

The danger of competing among established businesses - That's also relatively significant because profits are thin and innovative developments are continually making the industry as a whole and tough.

Barriers to business – The biggest barriers are an initial investment, high marketing, and distribution expenses, and constant innovation.

6 0
3 years ago
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