Answer:
(A) Budged amounts
(B) A list of all controllable costs
(C) The difference between actual and budgeted amounts
(D) Actual amounts
Explanation:
Responsibility accounting is a system that gathers or receives, summarizes, and reports accounting data pertaining to the responsibilities of individual managers. This system makes available every information needed for the evaluation of each manager on the revenue over which he presides.
A responsibility accounting report contains those revenues presided over by the responsible manager. It also contains all of the responsibility accounting budgets made for each department and summaries them in one report. When both controllable and uncontrollable items are included in the report, accountants should clearly separate the categories.
Answer:
February 20, 2039
Explanation:
the bonds pay a semiannual coupon, but the last coupon is paid along with the face value (or maturity) value of the bond. For example, if the bond pays a 6% coupon rate, on February 20, 2039 the investor will receive ($1,000 x 6% x 1/2) + $1,000 = $1,030. The exact date might change if the maturity date is a Saturday or Sunday, but it should be paid on the next business day.
Answer: UHM I guess I-
Explanation:
Answer:
Equipment $ 16,216 (debit)
Note Payable $ 16,216 (credit)
Explanation:
The Present Value of the Note is used as the measurement Cost of the Equipment
From this value we would subsequently calculate the depreciation as the equipment is being used.
The Note Payable will be amortised over three years to reflect the Carrying amount of the Liability
Answer:
The right solution is Option C "$4,000".
Explanation:
The given values are:
Breakdown cost,
= $3,000
Per week cost of preventive maintenance,
= $1,000
Breakdown per week,
= 1
Now,
The cost per week will be:
= ![Breakdown \ cost+Cost \ of \ preventive \ maintenance](https://tex.z-dn.net/?f=Breakdown%20%5C%20cost%2BCost%20%5C%20of%20%5C%20preventive%20%5C%20maintenance)
On substituting the values, we get
= ![3000+1000](https://tex.z-dn.net/?f=3000%2B1000)
=
($)