Hey there!
Your answer is reciprocal independence.
In reciprocal independence, different areas of a company are constantly communicating with each other.
Sequential independence means that one area is dependent on the actions of another, which is not what this is describing.
In pooled independence, different parts of the business are very separate and don't really interact with others, which is definitely what this is describing.
Hope this helps!
Answer:
The correct answer is letter "A": controller.
Explanation:
A Chief Management Accountant (CMA) or Certified Management Accountant, also known as the company's controller, is the individual with most financial accounting expertise and who has also wide knowledge in strategic management. CMAs must be certified by the Institute of Management Accountants (IMA).
<em>CMAs receive the name of the controller since the accounting practices focus if providing information and management control to entities' plans.</em>
Answer:
D. Current assets minus merchandise inventory.
Explanation:
Answer:
The amount of $4.8 million will be reported as current liabilities on 31 December 2018 and the amount of $14.4 will be reported as long term liabilities.
Explanation:
The current liabilities are the short term liabilities or obligations that a business is expected to pay or settle within a year's time period. The long term liabilities, on the other hand, are the liabilities or obligations which are due to be paid any time more than a year.
The outstanding amount on Note Payable on 31 December 2018 after the first repayment will be, 24 - 4.8 = $19.2 million
Out of the $19.2 million that is outstanding, $4.8 million are to be paid on 31 December 2019 that is within a year. Thus, this amount will be reported as a current liability as it is payable within a one year period.
The remaining amount of 19.2 - 4.8 = $14.4 million will be reported as a non current liability as it is payable after more than a year from today.
Answer:
Selling price= $84
Explanation:
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).</u>
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Unitary cost= varaible manufacturing cost + fixed manufacturing cost
Unitary cost= 44 + 22= $66
Selling price= 66 + 18
Selling price= $84