Answer: Actual overhead costs always enter the Work-in-Process account.
Explanation:
The work-in-process account is an account where the value of goods yet to be completely produced are recorded while the overhead cost is simply a business running cost, that is cost on expenses the business makes to keep functioning.
Overhead cost is not recorded in work-in-process account, rather it is recorded as business expenses.
The value dimension that the behavior of the people of country x relates to is <u>b. people of country x</u> have a low indulgent vs. restraint ratio.
<h3>What is the difference between indulgent and restrained societies?</h3>
According to Hofstede's Cultural Dimensions, an indulgent society values the satisfaction of human needs, desires, and pleasures above societal norms.
On the other hand, a restrained society curbs their desires, withholding pleasures that align with societal norms.
Thus, since the people of country x tend to save their income rather than spend on luxuries, the relevant value dimension is a low indulgent vs. restraint ratio.
Learn more about Hofstede's Cultural Dimensions at brainly.com/question/14756841
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Hi there! I think the answer is C, Hope this helps!:D
Answer:
Increasing the promotional budget for a product in order to increase awareness is not advisable in the short run under which of the following circumstances?
Production capacity is maxed out (200% plant utilization) and the company is stocking out of the product.
Explanation:
Since the production capacity has been exceeded and the company is still running out of stock of the product, there will be no need to increase the promotional budget for the product in order to increase awareness, especially in the short-run. The implication of the scenario is that the demand for the product is far outstripping the supply and there is an apparent scarcity or shortage of the entity's product in the marketplace. Until production the capacity has been expanded, the promotional budget for product awareness can be stopped and saved.
A CPA examines a sample of copies of December and January sales invoices for the initials of the person who verified the quantitative data. This is an example of a Test of a control
<h3>
What is the Test of a control?</h3>
- Any auditing technique used to assess an organization's internal controls is known as a test of control.
- Determining if these internal controls are adequate to identify or reduce the risk of material misstatements is the goal of control tests in auditing.
- For instance, the auditor is working on the audit of ABC's financial accounts and it will begin very soon.
- Normally, the auditor must complete audit preparation and get audit partner approval before proceeding with the substantive test or conducting fieldwork.
To learn more about Risk management, refer to the following link:
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