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2 years ago

An activity-based costing system is developed in four steps.

Business

1 answer:

olga_2 [115]2 years ago

4 0

Answer:

C. b, c, a, d

Explanation:

The Costing System includes various stages.

The first stage we need to identify number of activities performed and then find the estimates of the total cost.

In the next stage we need to find the cost driver for each activity and then estimate the quantity of each driver's allocation base.

Then in Next stage we need to solve and compute the allocation rate for each activity.

And Then finally we need to find any Indirect cost applied to cost of the object.

Hence The Sequence would be b, c, a, d.

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A useful way of standardizing financial statements is to choose a ____ and then express each item relative to the _____.

bulgar [2K]

The most useful way of standardizing financial statements is to choose a _<u>base year</u>,_ and then express each item in the period under review relative to the _amounts____ in the base year.

<h3>What are comparative financial statements?</h3>

Comparative financial statements compare a particular financial statement with previous statements. Previous financial statements are presented in side-by-side columns with the latest figures. With this, investors are able to track a company's progress over some periods and compare the company's financial results and performance with its industry competitors.

Thus, financial statements can be compared using financial ratios, which express the relationships between the various items within a financial statement, or using a base year.

Learn more about comparative financial statements and financial ratios here: brainly.com/question/9091091

4 0

1 year ago

"Imagine a small agrichemical laboratory with a very small marketing budget develops a seed that produces grass, which grows two

NemiM [27]

Answer: Publicity

Explanation:

From the question, we are told that a small agrichemical laboratory with a very small marketing budget develops a seed that produces grass, which grows two-inches high and no higher.

Since the laboratory has a small marketing budget, the promotional element it can use to let others know about its discovery will be publicity.

Through publicity, the company can give out vital information about its new discovery. By doing this, the public will be aware of the innovation. Publicity is a marketing and promotion component.

3 0

2 years ago

Read the following email,which Jim sent to his team. Then choose the answer below that best explains what is wrong with the emai

Ivenika [448]

Answer:

The answer is C.

7 0

2 years ago

Which of the following would most likely suffer the least from the costs of inflation?

Arturiano [62]

Answer:

B. Persons on fixed incomes.

Explanation:

Inflation is a general increase in prices and fall in the purchasing value of money, therefore, a person with a fixed income will not be affected.

8 0

2 years ago

A firm engages in a new type of financial transaction that has a material effect on its earnings. An analyst should most likely

slega [8]

Answer:

management has not explained its business purpose

Explanation:

Since in the question it is mentioned that the firm is engaged in the new financial transaction that contains the material impact on the earnings so this represents that it could be come under the pre existed accounting standards.

Also everyone should be aware of the business purpose plus it is not established for changing off the financial statements

So it would be suspicious because the purpose of the business could not be explained

4 0

2 years ago