The best description of authorized shares is he total amount of shares that can be publicly traded.
<h3>What are shares?</h3>
Shares are refers as common equity interest in a firm. Dividends from any earnings the business may make are payable to shareholders.
Authorised shares is refers as number of shares legally permitted to offer to investors. It also helps to decide how many of shares are available to issue to investors.
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Answer:
Conflict of interest(COI)
Explanation:
The large computer manufacturing company is trying to prevent a conflict of interest.
Conflict of interest(COI): This occurs when an individual is occupying two different social position at the same time in which different benefits are attached to each social roles. It can disrupt the decision-making process of an individual which could lead to loss of integrity.
Conflict of interest arises when an individual has competing obligations because of their duties to more than one person or organization simultaneously.
An individual is subject to two coexisting interests that are in direct conflict with each other.
Conflict of interest can also involve an organization. It could be a case in which an individual or organization performs two different roles simultaneously, and performing an obligation could involve working against another.
A person or organization with conflict of interest can't be 'just' in their decision making.
Answer:
The amount of overhead debited to Work in Process Inventory should be: a. $182,00
Explanation:
The Overheads are Applied in the Manufacturing Costs as:
Budgeted Rate × Actual Activity for the Month
At the End of the Period we would need to determined whether this amount of overhead is Over or Under Applied by comparing it to the actual overheads incurred of $180,000 (given)
In our Case, the predetermined overhead rate is 70% of direct labor cost
<em>Thus we need to find the Direct Labor Cost first</em>:
Total Labor Costs $360,000
<em>Less </em>Indirect Labor Costs<em> </em>$100,000
Direct Labor Cost $260,000
<em>Therefore Overheads applied would be determined as:</em>
= $260,000 × 70%
= $182,000
<span>The answer is that lobbyist practices of special interest groups help not only the group but companies influence public policy.
Lobbying involves a person paying a visit to legislators, government officials, or congressmen to talk about policies, stances on policies, and even allows the chance for the lobbyist to persuade the official to seek a position that benefits the lobbyist's interest group.</span>
Answer:
Purchase order for advertisements soliciting bids for the Elm Street Project was issued March 1, 2020 = $235
Received bill for advertising = $230
Therefore, the Journal entry is as follows:
Advertising expense A/c Dr. $230
To cash A/c $230
(To record the encumbrance, billing, and the Vouchers Payable liability)
