I think the answer is A let me know if I was right! <3
Answer:
False
Explanation:
Cost
This is simply defined as a payment of cash or the commitment to pay cash in the future for revenues purpose. E.g. The cash used to purchase a tractor, is the cost of the tractor.
Conversion costs
This is simply regarded as direct materials, direct labor, and factory overhead costs that can be selected together or grouped together for analysis and reporting. It consist of direct labor in factory overhead costs.
The Equation for Conversion cost is simply = Direct Labor Cost + Manufacturing Overhead Cost.
While the Equivalent Units of Production = Number of Units Transferred to the next department + Equivalent Units in Ending Works in Process Inventory.
The equation for Equivalent units of production for conversion cost is given below: Units completed and transferred out + Equivalent units in ending work in process for conversion cost.
The equation for Cost per equivalent unit for conversion cost is simply =
(conversion cost of beginning work in process + conversion cost added during the period)/ Equivalent units of production for conversion cost.
Answer:
A. True
Explanation:
For accepting the payment by credit card or by debit card, the online merchant i.e online seller by whom the individual buys the products online.
The online merchant has an agreement with the merchant account and the bank or financial institution so that the individual can able to pay the amount through online mode to the online merchant and in the same time, the amount is deducted from the individual bank account after placing the order
It is true that Enterprise risk management is a valuable approach that can better align security functions with the business mission while offering opportunities to lower costs.
<h3>What is Risk Management?</h3>
In order to limit, monitor, and control the likelihood or impact of unfortunate events or to maximize the realization of possibilities, risk management entails the identification, appraisal, and prioritization of risks (defined by ISO 31000 as the influence of uncertainty on objectives).
Instability in global markets, threats from project failures (at any stage of design, development, production, or maintenance of life cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events with uncertain or unpredictable root causes are just a few examples of the many different types of risks that can arise.
To know more about Risk Management, visit: brainly.com/question/4680937
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Answer:
Flexible budget and master budget are very different.
Explanation:
The "master budget" is the sum of all the budgets that are prepared by a company's various departments. They include financial statements that are budgeted, a financing plan and a cash forecast. They are based on one specific level of production.
A "flexible budget" is a budget that changes or adjusts when the level of activity changes. They are dynamic in nature and can be operated on many levels of output. It is realistic and not based on assumption.
