Answer:
1. b) $2 U
2. d) $2800 F
3. a) $6920 F
4. d) $10253 F
Explanation:
1) The activity variance for administrative expenses in May would be closest to: (3000-3020)*.10 = 2 U
Therefore, answer is b) $2 U
2) Revenue variance = (38*4100)-158600 = 2800 F
Hence, answer is d) $2800 F
3) Revenue variance = (5940*32.60)-200564 = 6920 F
So answer is a) $6920 F
4) Spending variance for plane operating costs = (39590+2649*85+4*297)-255690 = 10253 F
So answer is d) $10253 F
Answer:
True (at least most of the time)
Ideally companies will require their systems analysts to have a college degree in information systems, computer science, business, or a closely related field.
But sometimes the demand for people with a degree in computer science or information systems is much larger than the supply, then many companies go directly to the colleges and hire students who haven't graduated yet.
I know this since a few years ago a local university issued a public statement about this issue since less that 30% of their students (in computer related fields) actually graduated. Most of the students were hired by Intel, IBM and HP during their third college year and they dropped out. Of course the students left because they were offered high salaries, imagine if you are 20 or 21 years old and a huge corporation offers you over $70,000 a year. I'm not sure that this is still happening, but I doubt it has changed.
Answer: D. Departmental accounting system.
Explanation:
As the term implies, Departmental accounting system engages in accounting for individual departments. The financial information of the department of interest will be recorded as well as other activities.
Management will then use this information to analyze and understand how well the department is doing. The information will also tell them if the department is being cost efficient and profitable.
Answer: False.
Explanation: Work break down structure is an approach to work by an organization starting from the smallest units and growing into larger and much complex projects. The work breakdown structure takes a TREE format growing from smaller tasks that can be easily tackled to major tasks that would involve much effort and resources.
Therefore the question is arranged in the opposite format.
Answer: А. large, more heavily populated, economies like China
Explanation:
Larger countries like China and the US have a higher population which will mean that domestically, they produce quite a lot and so percentage wise would be able to rely less on foreign trade as they will produce a lot of things for themselves.
Smaller countries like Singapore however, will be unable to produce much of what they need and so will have to engage in foreign trade more than larger countries, percentage wise.
Mathematically speaking. Percentage wise, larger countries will rely less on foreign trade because foreign trade will be less compared to their large economies. The reverse is true for smaller countries.
