school or expirence and the knowledge to do it and th ejob right
Answer:
A
Explanation:
If you need buy it, if it's a want not a need don't buy it
Answer: False
Explanation:
Different departments incur different types of costs based on the product that they are producing. It would therefore not be right to use the same rate for all departments as it might capture cost inadequately.
The overhead rate should always take into account the unique circumstances of a department such that costs can be assigned as accurately as possible.
Answer:
d. Assets understated by $670.000, liabilities understated by $234,500 and shareholders' equity understated by $435,500
Explanation:
Assets in Inventory will be understated by $670.000, this will also understate the tax payable to authorities by $234,500 because profits will be understated and equity will be understated by $435,500.
Answer:
B. Compared to the first economist, the second economist must be assuming either a larger induced increase in consumption, a smaller crowding out effect, or both.
Explanation:
