Answer:
A) affinity pattern
Explanation:
Affinity patterns show associations that occur among objects in the real world. These objects that show affinity patterns or association patterns are not complementary to each other and sometimes may not even be related to each other.
In this case, the fact that it is raining is probably what causes the 85% in cab service usage. If we analyze them separately, cab service and rain have nothing to do with each other, but when it rains more cabs are used.
Answer:
B. the difference between an actual amount and a budgeted or standard amount.
Explanation:
For example in the price variance for direct materials the variance will be the difference betwene the standard cost and the actual cost of the purchased units.
The labor hour variance will be the difference between the labor hours we expected based on standard and the actual hours needed to obtain the output for the period.
The investment adviser would expect the range of returns on the equity investment to be between 5% and 35%.
<h3 /><h3>What is the range of the desired return?</h3>
The lower bound of the range is:
= Mean return - Standard deviation
= 20% - 15%
= 5%
The upper bound of the range is:
= Mean return + Standard deviation
= 20% + 15%
= 35%
The range is therefore 5% to 35%.
Find out more on standard deviation at brainly.com/question/475676.
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Answer:
Debit : Cost of Goods Sold : $75
Credit : Inventory : $75
Explanation:
The lower-of-cost-or-market method is based on the conservative accounting theory. This is where company accounts are prepared with caution and verification. All losses are recorded as they are discovered whereas gains are recorded only after realised. In this case, there is a gain in Inventory A, hence it won’t be recorded as of yet. However, the value of Inventory B has reduced and this requires to be recorded.
The cost of Inventory B should be reduced to the lower net realizable value, hence it would be reduced by the difference : $625 - $550 = $75
Debit : Cost of Goods Sold : $75
Credit : Inventory : $75