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2 years ago

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

Business

2 answers:

hammer [34]2 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]2 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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A firm estimates its average total cost at 90 units of output to be $15. If the firm can sell all of its output at a market pric

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Answer:

435

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5(90)=450-15=435

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1 year ago

Technology has proliferated in Kenya and Somaliland, with text messages used to replace cash, creating mobile money use that, on

olchik [2.2K]

Answer:

True.

Explanation:

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2 years ago

Vernon is a cash basis taxpayer with a calendar tax year. on october 1, 2016, vernon entered into a lease to rent a building for

tester [92]

Answer:

$9,000

Explanation:

Vernon can only deduct the actual lease expenses incurred during 2016, and that is only three months: October, November and December.

= 3 months x $3,000 per month = $9,000

This logic applies to every expense that is paid in advance, you can only deduct payments that apply for the current tax year.

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2 years ago

38) A lottery ticket states that you will receive $250 every year for the next ten years. a. What is the present value of the wi

Stells [14]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A lottery ticket states that you will receive $250 every year for the next ten years.

A) i=0.06 ordinary annuity

PV= FV/(1+i)^n

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {250*[(1.06^10)-1]}/0.06= $3,295.20

PV= 3,295.20/1.06^10=1,840.02

B) i=0.06 annuity due (beginning of the year)

FV= 3,295.20 + [(250*1.06^10)-1]= $3492.91

PV= 3492.91/1.06^10= $1,950.42

C) The interest gets compounded for one more period in an annuity due.

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2 years ago

Kailey James Company is evaluating a capital expenditure proposal that requires an initial investment of $14,900, has predicted

marishachu [46]

Answer:

Year Cashflow [email protected]% PV

$ $

0 (14,900) 1 (14,900)

1-12 4,000 5.6603 22,640

NPV 7,740

Explanation:

In this respect, we need to calculate the discount factor of annual cash inflows for 12 years at 14 discount rate. For this purpose, present value annuity interest factor will be used since the cash inflows are constant. Then, we will multiply the annual cashflows by the discount factor so as to obtain the present value of cash inflows. Then, we will deduct the initial outlay from the present value of cash inflows in order to obtain the net present value of the proposal.

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2 years ago