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Gelneren [198K]
3 years ago
15

Which of the following is responsible for conducting an independent

Business
1 answer:
Airida [17]3 years ago
3 0

Answer:

-Auditor

Explanation:

The auditor is responsible for conducting an independent examination of the financial statements and records of the company. he or she checks whether the company follows the accounting principles, norms, etc as prescribed and according to that he or she give the qualified or unqualified report

Therefore as per the given situation, the option a is correct

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Based on the concept of service blueprinting, what is the "line of visibility?" select one:
Katena32 [7]

The "line of visibility?" is:

c. a metaphoric divide between the parts of a service that a guest sees and what they do not see.

It basically is a line that separates front stage and back stage actions.

3 0
3 years ago
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hour
nikklg [1K]

<u>Explanation:</u>

1. Calculation of labor spending variance for the month of march

Labor spending variance = (Actual rate x actual hours)- (Standard rate x Standard hours)

=(13 x 63000) - (12 x (26000 x 3))

=-1,38,600

Labor spending variance for the month of March is $138600

2.Calculation of variable manufacturing overhead planning cost

Variable manufacturing overhead planning cost= (Planning budget units x required hours x cost per hour)

=(21000 x 3 x7)

=441,000

Variable manufacturing overhead planning cost is $441,000

3. Calculation of Variable manufacturing overhead cost

Variable manufacturing overhead  cost= (Actual units x required hours x cost per hour)

=(26600 x 3 x7)

=$558,600

Variable manufacturing overhead  cost is $558,600

4. Calculation of Variable overhead rate variance

Variable overhead rate variance= Actual hours ( actual rate - standard rate)

=63000((510930/63000)-8)

=63000(8.11-8)

=63000(0.11)

=6930

Variable overhead rate variance is =6930

3 0
4 years ago
Suppose you have a monthly entertainment budget that you use to rent movies and purchase cds. you currently use your income to r
Lelu [443]
You are not maximizing utility, because the marginal utility per dollar spent renting movies is not equal to the marginal utility per dollar spent on​ CDs. We will maximizing utility when the consumers decide to allocate their money incomes so that the last dollar spent on each product purchased yields the same amount of extra marginal utility.
5 0
4 years ago
You observe that the current interest rate on short-term U.S. Treasury bills is 4.23 percent. You also read in the newspaper tha
slamgirl [31]

Answer:

Approximate real rate is 3.03%

Explanation:

We know that,

Real rate = Nominal rate - Inflation rate

Real rate = 4.23% - 1.2%

Real rate = 3.03%

The U.S treasury bills are considered as a nominal rate i.e 4.23% and the inflation rate is 1.2%. We simply subtract the nominal rate with the inflation rate to find out the real rate so that the accurate rate could come

4 0
4 years ago
Identify the codification topic number that provides guidance on fair value measurements
Aneli [31]

Answer:

The right answer will be "FASB ASC 820".

Explanation:

  • FASB ASC 820 offers a fair market value structure for evaluating financial reports transactions, addresses appropriate valuation methodologies, addresses estimation methods inputs, and defines an accrual accounting hierarchy something which prioritizes inputs.  
  • It needs detailed information about the value of program assets in the financial statements.
4 0
3 years ago
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