Answer:
a. Unit Labor Standard × Actual Output.
Explanation:
The standard direct labor hours allowed is the number of hours held for per unit based on the actual number of units produced. It can be determined by multiplying the unit labor based on standard per hour with the actual output
In mathematically,
Standard direct labor hours allowed = Unit Labor Standard × Actual Output
Hence, all other options are wrong
Answer:
According to the World Bank, the 31 wealthiest countries in the world tend to have much lower rates of Infant Morality and much higher rates of Adult Literacy when compared to the 40 poorest countries.
Explanation:
Answer:
a misstatement of cash receipts will result in a misstatement of accounts receivable.
Explanation:
A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.
Basically, financial statements are formally written records of the business and financial activities of a business entity or organization.
There are four (4) main types of financial statements and these are;
1. Balance sheet.
2. Cash flow statement.
3. Income statement.
4. Statement of changes in equity.
A current asset can be defined as all of the assets that are being owned by a company or business entity and are expected to be converted into their cash equivalent through sales or use within a period of one year of its date on the organization's balance sheet.
Some examples of current assets are account receivables, marketable securities, cash equivalent, etc.
In Financial accounting, there exist a significant level of interaction between cash receipt transactions and accounts receivable because a misstatement of cash receipts will result in a misstatement of accounts receivable, which gives information about legally enforceable monetary claims that are to be recovered by a company from a customer who is yet to make payment.
Failure to repay credits is the major
problem faced by less developed countries in financing development. And in addition to that the present procedure
came to a head when global leaders assembled in Addis Ababa, Ethiopia, on 13-16
July 2015 at what’s formally called the Third International Conference on
Financing for Development. To see all of Citiscope’s recording on
the Financing for Development process from an urban viewpoint.
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