Answer:
B) A Trend Decision
Explanation:
Trend decision is also known as Trend forecasting. It is a complicated and useful way in which data of past sales is used to determine future trends. It is generally used by marketing experts to determine future sales growth. It can be used in different areas of a business.
An example of the use of trend forecasting is the fashion industry. Since customers change their purchasing behavior rapidly, so a particular garment becomes popular for one season and then it goes out of fashion. Fashion forecasters use trend forecasting to predict the trends by including the work designers and the early adoption of a trend among the people
Answer:
$ 44000
Explanation:
Given:
Actual overhead manufacturing cost, Ac = $ 352000
Actual direct labor hours, Ah = 56000
Estimated manufacturing overhead cost, Ec = $ 330000
Estimated direct labor hour, Eh = 60000
Now,
Predetermined Overhead Rate = Ec/Eh
on substituting the values in the above formula we get
= $ 330000/60000 = 5.5
also,
Underapplied Overhead = Ac + (Ah × Predetermined Overhead Rate)
on substituting the values in the above formula we get
Underapplied Overhead = 352000 - (56000 × 5.5)
or
Underapplied Overhead = $ 44000
If a bank has a positive gap, an increase in interest rates will cause interest income to increase, interest expense to increase, and net interest income to increase.
A bank is a monetary organization that accepts deposits from the public and creates a call for deposit even as concurrently making loans. Lending sports can be immediately done through the bank or in a roundabout way via capital markets.
A financial institution is a monetary institution this is certified to simply accept checking and savings deposits and make loans. Banks also offer related offerings which include character retirement debts (IRAs), certificate of deposit (CDs), currency exchange, and secure deposit packing containers.
Bank, an group that offers in money and its substitutes and gives different money-associated services. In its position as a economic intermediary, a bank accepts deposits and makes loans.
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The right answer for the question that is being asked and shown above is that: "d. It s a list of account titles in the order in which they can be found in the ledger." The statement that best describes a chart of accounts is that d. It s a list of account titles in the order in which they can be found in the ledger.<span>
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Answer:
The Contra Entry is the transfer of cash. Hope this helps!
