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3 years ago

In responsibility accounting, unit managers are evaluated only on things that they can:________

Business

2 answers:

hammer [34]3 years ago

7 0

Answer: have control over

Explanation:

Responsibility accounting is a system of accounting whereby responsibility centers are identified and the performance reports of such responsibility centers are prepared and analysed.

Responsibility accounting has to.do with the internal accounting for the responsibility center that the company has and their budgeting.

In responsibility accounting, unit managers are evaluated only on things that they can control or have control over.

tigry1 [53]3 years ago

7 0

Answer:

unit managers are evaluated only on costs they have control over

Explanation:

In responsibility accounting, one can simply see a system of control in which responsibility is assigned, just for the control of costs. People are made responsible for the control of these costs and the right authority is usually being given to them to enable them keep up their performance as expected.

in any case, the performance deviates from the predetermined standards, then the persons who are asked to perform the duties shall be made responsible for it.

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uction Services started the year with total assets of and total liabilities of . The revenues and the expenses for the year amou

VARVARA [1.3K]

Answer: $20,000

Explanation:

Net Income is the amount from revenue that the company made over expenses. It is therefore;

= Revenue - Expenses

= 110,000 - 90,000

= $20,000

Note: Dividends are not considered in the calculation of Net Income as they are not expenses.

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3 years ago

What is the difference between an authoritarian and a democratic manager?

dolphi86 [110]

Answer:

Autocratic leadership has only one person that has the authority to make decisions and takes very little to no inputs from other groups, Democratic leadership allows everyone to participate in decision making.

Explanation:

Authoritarian leadership, also known as autocratic leadership, is a management style in which an individual has total decision-making power and absolute control.

Democratic management involves managers reaching decisions with the input of the employees but being responsible for making the final decision.

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2 years ago

A. True

timurjin [86]

FALSE. You must carry insurance on motorcycles as well as cars.

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3 years ago

Read 2 more answers

West Corp. issued 25-year bonds two years ago at a coupon rate of 5.3 percent. The bonds make semiannual payments. If these bond

Nataliya [291]

Answer:

YTM is 4.94%

Explanation:

The yield to maturity is the return on the bond throughout the bond's tenure and can be computed using rate function in excel as shown below.

=rate(nper,pmt,-pv,fv)

nper is the number of coupons the bond has left to pay(23 years*2)

pmt is the semiannual coupon of the bond=$1000*5.3%*6/12=26.5

pv is the curren price=$1000*105%=$1050

fv is the face value of the bond

=rate(46,26.5,-1050,1000)=2.47%

2.47% is the semiannual yield

annual yield=2.47% *2=4.94%

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3 years ago

A company uses the following standard costs to produce a single unit of output. Direct materials 7 pounds at $0.60 per pound = $

Naddika [18.5K]

Answer:

Direct material price variance= $20,100 unfavorable.

Explanation:

Giving the following information:

Direct materials 7 pounds at $0.60 per pound = $ 4.20

During the latest month, the company purchased and used 67,000 pounds of direct materials for $.90 per pound to produce 10,000 units of output.

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (0.60 - 0.90)*67,000= $20,100 unfavorable.

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3 years ago