Answer:
all changes
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).
An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.
The purpose of an analysis of an account is to illustrate all changes in the account for the period under audit. Thus, an audit of historical financial statements most commonly includes the balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.
There are two (2) main types of financial analysis;
I. Vertical analysis.
II. Horizontal analysis.
In Financial accounting, Horizontal analysis can be defined as an analysis and evaluation of a financial statement which illustrates or gives information about changes in the amount of corresponding financial statement items, benchmarks or financial ratio over a specific period of time. It is one of the most important technique that is used to measure how a business is doing financially. Hence, it is also referred to as the trend analysis.
Under the horizontal analysis of financial statement, we use the financial statements of two or more periods; earliest and latter periods.
Generally, the earliest is chosen as the base period while all other items on the statement for a latter period will be compared with the items on the statement of the base period.
PlastiPharm would want to perform the additional testing because:
- The additional testing helps the company as it strives for perfection in its products and helps avoid future problems by reducing waste (defective parts). (Option C)
- Testing all the parts addresses any questions that customers might have about quality or performance of materials. (Option D)
<h3>
Why do manufacturers carry out testing?</h3>
Rigorous testing is usually carried out by companies to ensure that defects and hazards are detected before the products are sent out into the market.
This way, their liability from product defects is reduced or eliminated completely.
Learn more about testing at;
brainly.com/question/15243255
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Commit to buy more in the future
Answer:
Franchisee
Explanation:
A franchise business is a form of business arrangement where a business owners , who is known as the franchisor , sells the right to operate its business to another entity known as the Franchisee.
This business arrangement is legally binding an it gives right to the use of the business name , logo ,and model to third party retail outlet.
This explains the type of business arrangement that Sana is planning , considering the explanation given in the question.
Answer:
case 1: when $405,000 fixed overhead cost can be avoided
make buy net income
direct material
994700 0 994700
direct labor 832300 0 832300
variable overhead 101500 0 101500
fixed overhead 600000 195000 405000
purchase price 0 2314200 (2314200)
total 2528500 2509200 19300
YES,jobs should accept the offer because it results in saving of $19300
CASE 2: when no fixed overhead can be avoided
make buy net income
direct material 994700 0 994700
direct labour 832300 0 832300
variable overhead 101500 0 101500
fixed overhead 600000 600000 0
opportunity cost 375000 0 375000
purchase price 0 2314200 (2314200)
total cost 2903500 2914200 (10700)
NO, jobs shold not accept the offer because it results in loss of $10700
