Answer:
Sole Purpose Shoe Company
The reason for Sarah to want to use standard costs to compare with her actual costs is:
A) Management can evaluate the differences between standard costs and actual costs to focus on correcting the cost variances.
Explanation:
Standard costs provide a control technique for evaluating the Sole Purpose Shoe Company's performance at three levels: a standard performance level, a measure of actual performance, and a measure of the difference (variance) between standard and actual costs. Sarah will use the variance resulting from the comparison of standard costs with actual costs to measure the non-financial performance of the entity.
Answer:
Nominal
Explanation:
Levels of measurement are the.relevant type of information that is in the value assigned to variables under consideration.
There are 4 types of level of measurement as postulated by Stanley Smith Steven: nominal, ordinal, interval, and ratio.
Nominal measurements differentiates variables based on classification or grouping. Tags or numbers are allocated to identify or classify data.
In the given scenario an appliance repair company decided to pull invoices and tally what types of appliances were repaired.
The appliances are classified according to the type so this is a nominal level of measurement
Answer: (A) Checking
Explanation:
According to the question, ted finally convert his company into the RFID system as by using this radio frequency identification system it automatically identifying the various types goods by using the unique code. Also by scanning the given bar-code we can easily identify the different categories of the products.
Therefore, ted is responsible for checking in his own company. Various types of organization or companies using the supply chain process.
Therefore, Option (A) is correct.
Experience surveys differ from surveys conducted as part of descriptive research in that there is usually no formal attempt to ensure that the survey results are representative of any defined group of subjects.
Explanation:
Descriptive research is classified as a form of analysis documenting the characteristics of the studied population or phenomenon. This approach relies primarily on the "what" of the topic instead of the "if" of the topic.
For example, in the periodical table explanations of the elements scientists were allowed to describe chemical reactions and predict when the elements were mixed. Descriptive work can not however identify the causes of a case.
Answer:
The cost of those meals should be tax-free to employees
Explanation:
The lateness of employees to their respective duties after lunch obviously affected business, negatively. This negative impacts of lateness were solved by lunch planning.
For convenience sake of the employer, employer paid meals were furnished within the business environment. Because employees were late from lunch, employer arranged free meals in order for employees to be on time from lunch.
As long as lateness has been reduced then their meals should be tax free.
