Answer: Environmental scanning
Explanation: In simple words, environmental scanning refers to the study of events that affects the operations of the business and relate them with the internal and external environment in which the firm operates.
In the given case, the managers of the company are trying to predict the changes in the industry by looking at the trends of their competitors.
Hence from the above we can conclude that this assessment is environmental scanning.
Answer:
Explanation:
Solution:
a) At the end of 2020, facility is 20% full so the 300,000 would be regarded as expenses
Therefore, in the balance sheet, at the end of 2020, 300,000 would be shown as liability.
b) In the financial statements for 2012, 300,000 would be shown as expense and 300,000 would be shown as liability.
Answer:
Forensics accounting analysis
Explanation:
Forensic accounting analysis uses auditing (accounting) and investigative skills to determine whether the financial reports of a company or an individual are valid (i.e. true). This technique can also be used to determine how certain abnormal transactions occurred and who was responsible for carrying them out.
Entrepreneurship is the answer , hope this helps ! :)
Answer:
Hence, Cisco's materials usage variance is 12,000 Unfavorable
So, the correct option is c. $12,000
Explanation:
Material Usage variance : The computation of material usage variance is shown below:
= (Standard Quantity - Actual Quantity ) × Standard price per pound
where,
Standard Quantity = Production units × Material allowed per unit
= 12,000 × 1.5
= 18,000 pounds
So,
Material Usage Variance = (18,000 - 19,500) × $8
= 12,000 Unfavorable
Hence, Cisco's materials usage variance is 12,000 Unfavorable
So, the correct option is c. $12,000