Answer:
(C) actual amounts from different years are compared.
Explanation:
Budgets are used for control. To compare the performace is necessary to have a same period, with almost the same characteristics and evaluate the actual performance. In sales for example, the bussineses has different seasons around the year, and because some sociodemographic reasons.
Answer:
Capitalized value = $188000
Explanation:
Land should be capitalized by fair market value of share exchanged less any recovery of scrap as land will be developed for future plant.
Fair value of shares = $50*4000 = $200000
Less: value of scrap = $12000
Capitalized value = $188000
Answer:
True
Explanation:
This is true that no person shall engage in the business of finance broker or finance lender without obtaining a license from the commissioner. All of them shall comply with dbo rules and regulation. if they fail to comply they may face a fine or cancelation of license.
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