Answer:
<h2>The answer in this case would be True.</h2>
Explanation:
- In this case,the auctioneer has not made any special announcement regarding the sale or especially,has not announced the official conclusion of the sale.
- Since,the auctioneer hasn't officially signaled the end or conclusion of the sale,it technically implies that the auction or sale of the concerned product or item is still operational and anyone can offer a value to bid for the product or item.
- Therefore,based on the general rule or regulation of any official public auction,the bidder can officially withdraw his bid and let it pass to other bidders before the final and official conclusion of the sale as per the indication of the auctioneer.
Answer:
Identification of Features Applying More to Job Order Operations, Process Operations, or Both:
Features
1. Cost object is a process. Process Operations
2. Measures unit costs only at period-end. Process Operations
3. Uses indirect costs. Both
4. Transfers costs between Work in
Process Inventory accounts. Process Operations
5. Uses only one Work in Process account. Job Operations
6. Uses materials, labor, and overhead costs. Both
Explanation:
The main difference between the two operations is the manner costs are accumulated. Job operations accumulate costs for different jobs that are not similar. Process operations accumulate costs to show the process a product passes through. The product of a process operation is not unique like the product of a job operation.
Answer:
b) $225,000
Explanation:
Common Stock ($0.50 x 450,000) $225,000
Discount on capital (($4-$0.5) x 450,000 $1,575,000
Retained Earning ( $100,000 - $40,000 ) <u>$60,000 </u>
Total Equity <u>$1,860,000</u>
Shares are recorded in the common stock account at the par value. Difference of $4 and $0.5 is recorded as add in capital excess of par common shares.
Answer:
They can conclude that the program was a success
Explanation:
They can conclude that the program was a success. The main goal of the program is to increase the performance of the employees that were performing the worst in the company. By choosing the bottom 10% of the performance evaluation, they make sure that they are getting the worst of the worst in the company. Therefore, if after the program, the subjects are no longer in the bottom 10% then this means that they have drastically increased their performance and have even passed those that were in a much higher performance ranking than them in the previous year. This means that the program exceeded its goal and can be marked as successful.
Answer:
This is due to compound interest on the credit card bills.
Explanation:
Credit card debt of $10,000 is repaid when its due. The bank lends the credit card amount and then charges interest on the debt amount. The compound interest is added to the debt amount and then future value of the debt is greater than the present value.