The answer to the question stated above is letter A.
.The major activities of the Planning Section include: Preparing and documenting Incident Action Plans.
ADDITIONAL INFORMATION ABOUT PLANNING SECTION
>Planning section includes the following major activities:
<span> -Collect, evaluate, and display incident intelligence and information.
-Prepare and document Incident Action Plans.
-Track resources assigned to the incident.
-Maintain incident documentation.
<span> -Develop plans for demobilization.</span></span>
Explanation:
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Answer: a. 11.5%
Explanation:
Fad followers are those investors who follow a trend when it emerges and as such their betas will be less than that of informed traders because the informed traders would have acted first.
Using the Capital Asset Pricing Model to calculate expected return.
Er = Rf + b( Rm - Rf)
Er = Expected return
Rf = Risk Free Rate
b = Beta
Rm = Market Return.
The Expected Return for the Informed Investors is,
= 4% + 1.4 ( 10% - 4%)
= 4% + 1.4 ( 6%)
= 12.4%
With the Fad followed expected to have a lower beta and therefore a lower expected return than the Informed Investors, the only suitable option is the 11.5%.
Answer:
C. Credit to Cost Of Goods Sold
Explanation:
Over allocation refers to the scenario of assigning more than actual manufacturing overhead costs. This means profits would be understated in such a scenario and costs overstated.
The journal entry for adjustment of overallocated manufacturing overheads is:
Manufacturing Overheads A/C Dr.
To Cost Of Goods Sold A/C
(Being rectification entry for over allocated manufacturing overheads recorded)
Cost of Goods Sold is an expense and expenses are debited. A credit to such an account reduces it's balance as in the case above.
