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4 years ago

Which of the following statements is true of a normal costing system?

Business

1 answer:

Keith_Richards [23]4 years ago

3 0

Answer:

Option number 4 is correct,In a normal costing system, unit costs are determined by adding actual direct materials, actual direct labor, and estimated overhead.

Explanation:

This approach to costing that makes use of estimated overhead as against actual overhead is favored by Generally Acceptable Accounting Principles such as the International Financial Reporting Standards(IFRS) and the U.S GAAP in order to derive the unit cost of an item of inventory for financial reporting purposes.

This deviates completely from standard costing where the cost an item is entirely calculated from predetermined material,labor and overhead costs.

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you purchased one hundred shares of AT&T stock. The company pays 20 cents per share to each share holder (That’s you!) at th

nlexa [21]

Answer:

Dividends

Explanation:

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3 years ago

Bob has a face-to-face interview tomorrow morning. he has done his research and knows a lot about the prospective employer. he w

Genrish500 [490]

Dressing to impress for interviews would typically involve wearing professional dress in order to look smart and presentable.

<h2>Bob has to follow some of the listed tips (not exhaustive) in addition to the due diligence he has done about his employer. </h2>

Some of the options he has would include:

A suit, jacket and tie
A semi-formal trousers and a shirt
Sweater and necktie.

Dressing properly for interviews would put Bob in a better light as it shows he is serious about the job. It also shows he is interested in the position, and finally demonstrates an understanding of the company's corporate culture.

Learn more about #interviews and #dress codes here: brainly.com/question/15128068?referrer=searchResults

4 0

2 years ago

What can a speaker do to ensure that they are respectful of their audience, especially when speaking to a skeptical audience or

ololo11 [35]

ANSWER

Always state the facts pertaining to your speech.

Always avoid stereotypes during a speech.

Never bash or be bias.

Remain objective.

Have respect for the people and their values as well as beliefs .

Explanation:

8 0

3 years ago

Cullumber Company has the following transactions during August of the current year. Aug. 1 Opens an office as a financial adviso

Flauer [41]

Answer:

Aug 1 Cash $4000 Dr

Common Stock $4000 C

Aug 4 Prepaid Insurance $1500 Dr

Cash $1500 Cr

Aug 16 Cash $400 Dr

Service Revenue $400 Cr

Aug 27 Salary Expense $1000 Dr

Cash $1000 Cr

Explanation:

Aug 1. The transaction relates to owner's investment in the business/company thus we debit the cash coming into the business and credit common stock as both are increasing.

Aug 4. The insurance paid in advance is a current asset for the business. So, we debit the prepaid insurance account as the asset is increasing and credit the cash account as it is decreasing due to payment for insurance.

Aug 16. 400 received is the service revenue and as the revenue is increasing, we credit it. We are receiving cash so we debit the cash account.

Aug 27. The payment of salary is an expense and as expense is increasing, we debit the salary expense account and credit the cash account as cash is decreasing.

3 0

4 years ago

_____________- is a cultural orientation in which people belong to loose social frameworks and their primary concern is for them

Nat2105 [25]

Answer:

c. Individualism

Explanation:

Individualism -

It refers to the type of inclination toward an individual in terms of social, or ideology outlook , political philosophy and moral stance , is referred to as individualism .

These type of people lives by only one type of goal and desire .

And , these people tends to divert their mind towards their family and children rather than the society .

Hence, from the given statement of the question,

The correct term is individualism.

6 0

4 years ago