Answer:
The correct answer to the following question will be Option C.
Explanation:
- A Cost variance seems to be the gap and difference between the expected expenditures incurred as well as the projected regular expenditures at just the start of such a time frame.
- Such variances have been used by administrators to assess and monitor the progress including its supply chains, expenditures as well as other activities.
⇒ Cost variance = Actual cost - Standard cost
Some other available options have no connection with the given case. So choice C seems to be the perfect solution to that.
The amount of money Shawheen deposited in his savings account increased in value because of the interest rate his account earns.
The initial deposit might have a higher purchasing power because of inflation.
When money is deposited in a savings account, the amount of money earns interest.
The value of the interest rate can be determined using this formula: interest earned / (time x amount deposited)
Interest earned = $$5,306.04 - $5,000 = $306.04
Interest rate = $306.04 / (3 x $5000) = 2.04%
Inflation is the persistent rise in the general price levels. Inflation reduces the purchasing power of money.
To learn more about inflation, please check: brainly.com/question/18072639
Answer:
a) $200,000 to Jack
Explanation:
Data provided in the question
Life insurance policy amount of Marilyn Simms = $200,000
The primary beneficiary = Jack
The contingent beneficiaries = Their children
Now, the distribution of the policy could be taken by only Jack as he is her husband plus he is also a primary benefit of her life insurance policy,
So, the whole amount i.e $200,000 is distributed to Jack
The purpose of a lease is a rent. When you "lease" something, that's the business term of renting something ;-)
