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rodikova [14]
3 years ago
11

Accountants prefer the variable costing method over absorption costing method for evaluating the performance of a company becaus

e select one:
a. by using the absorption costing method, income could appear to be higher by producing more inventory.
b. by using the absorption costing method, income could appear to be lower by producing more inventory.
c. by using the variable costing method, the cost of goods sold will be higher as more units are manufactured and sales remain the same.
d. by using the variable costing method, all fixed and variable costs are included in the unit cost of the product manufactured.
Business
1 answer:
ivanzaharov [21]3 years ago
5 0

Accounts would likely prefer the variable of costing method over the absorption costing method in evaluating the performance of a company because with the use of the absorption costing method, the income will likely appear as higher in regards of producing an increase inventory. The correct answer is letter a.

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Will is preparing a report and he wants to make sure that his audience makes an informed decision. He wants to make sure that he
Irina-Kira [14]

Answer:

The answer to the question is complete.

Will is carefully preparing his report because he wants to ensure that all the knowledge that the readers need to have to make an informed decision or conclusion are all provided in his document. This behavior implies his desire to ensure that he presents a complete information about the topic that he is writing about in his report.

8 0
3 years ago
According to the presentation, _____________ systems allow employees to track their performance and receive ongoing feedback. Ta
maksim [4K]

<u>Answer:</u>

<em>The </em><em>executives programming enables associations</em><em> to set up representative execution guidelines and empowers chiefs to assess a worker's activity execution in </em><em>connection to these measures.</em>

<u>Explanation:</u>

Organizations use execution the <em>board programming to encourage important </em>and progressing exchanges among chiefs and direct reports.

The executives programming is most regularly actualized by <em>HR offices to help chief level staff </em>all through different offices assess representatives, direct worker execution surveys, keep up a record of dialog points, and encourage <em>360-degree criticism.</em>

6 0
4 years ago
An aging of a company's accounts receivable indicates that $3,000 are estimated to be uncollectible. If Allowance for Doubtful A
vodomira [7]

Answer: The correct answer is b. debit to Bad Debts Expense for $1,800.

Explanation: The company adopts the aging bad debt method on receivable. The aging method is a way of classifying receivables as uncollectible based on the length of time the receivables have been outstanding and the probability of recoverability of such receivables.

To make a provision for bad debt expense: debit is passed to bad debt expense while credit is passed to allowance for doubtful accounts. The bad debt expense reports to the income statement while allowance for doubtful accounts reports to the balance sheet (statement of financial position). Based on the question, the allowance for doubtful accounts has a credit balance of $1,200; however, $3,000 was estimated to be uncollectible. In order to restate the amount to $3,000, we need to debit bad debt expense and credit allowance for doubtful accounts with $1,800 ($3,000 - $1,200).

7 0
4 years ago
Assume a certain firm regards the number of workers it employs as variable but regards the size of its factory as fixed. This as
Wittaler [7]

Answer: a. in the short run but not in the long run

Explanation:

The Short Run is usually considered in Economics/ Business as a point in time where at least ONE factor of production is FIXED. This factor is usually the Factory because it is hard to change the capacity of a Factory in the Short run. For instance a wing might need to be constructed. Labour on the other hand is considered variable in the Short run though because more people can be hired and the people already hired can put in more overtime.

The Long Run is classified as a point where EVERY factor of production is Variable. There is enough time to even change the capacity of a Factory. So here even Factory is Variable.

5 0
3 years ago
Why is it necessary to define policy elements?Discuss the terms confidentiality, integrity, and availability as they relate to i
aleksklad [387]

Explanation:

First, it is important to know the definition of policy and its relevance to society and organizations.

Politics is the science of organization, direction and administration, linked to government, the state and public administration, with the aim of guiding the administration and promoting the public good. Therefore in every act of managing, whether in the fields of public or private administration, there will be policies for the direction of society and business.

Public policies are composed of 4 main elements: government involvement, perception of a problem, definition of an objective and definition of an action process.

Because of its relevance to social welfare, policy must be protected in different ways, so it is right to relate policy design to the three pillars of information security, confidentiality, integrity and availability.

Confidentiality refers to actions to ensure that data are protected, with a hierarchy of access to information only by authorized, is what happens in policy, the set of guidelines should be protected and only the high hierarchy can change it if necessary.

Integrity corresponds to preserving the reliability, accuracy and consistency of information, in politics we can relate how the protection of information change by unauthorized persons and the design of policies that integrate and benefit the whole society.

Availability corresponds to the access of information by individuals, in politics can be related to the access that every citizen should have of the set of policies to guide their actions and protect society from possible conflicts.

8 0
3 years ago
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