Answer:
b.) was established by congress but is now independent of it
Explanation:
It was founded on december of 1913 by the congress of the United State of America. to help the nation on the monetary and financial of the country.
It is considered independent of the congress because, it doesn't require his approval to conduct their policies.
Complete question:
Compton Corporation, with operations throughout the country, will soon allocate corporate overhead to the firm's various responsibility centers. Which of the following is definitely not a cost object in this situation?
A) The maintenance department.
B) Product no. 675.
C) Compton Corporation.
D) The Midwest division.
E) The telemarketing center.
Answer:
Compton Corporation is definitely not a cost object in this situation
Explanation:
A cost object is a concept commonly used in financial reporting to describe the costs. Definitions commonly found in expense items include: product lines, geographical areas, clients, teams or anything else handling the costs.
Any object to which costs are independently calculated is a cost entity. In an organization, an expense item can be, for example a team, workmanship, production line or procedure.
For example, the costs of construction, customer support or revamping of a returned product may be tracked.
Answer:
Option D is correct one.
Company X has a lower coefficient of variation than Company Y.
Explanation:
This is because company X has a lower standard deviation of returns than Company Y. Coefficient of variation = standard deviation/mean*100. Also mean of X will be higher as its expected return is higher than Y. So, the numerator (standard deviation) is lower and denominator (mean) is higher in case of X. This will lower its coefficient of variation than Company Y.
Joe's working rate = 1/16 per hour
Joe's working rate = 1/22 per hour
Let t = hours spent when working together.
Then
t = 1/(1/16 + 1/22)
= 1/(0.0625 + 0.0455)
= 9.263 hours
= 9 hours + 0.263*60 min
t = 9 hours, 16 minutes
Answer: 9 hours, 16 minutes