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2 years ago

An increase in the price of a resource would cause

Business

1 answer:

evablogger [386]2 years ago

8 0

Answer:

it would cause more people to go hungry and cold and die because it would be harder to afford all of those things if they were more expensive.

hope that helps

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Helen Weeks has worked for Bonne Consulting Group (BCG) as the executive secretary in the administrative department for nearly 1

elena55 [62]

Answer:

1.) The internal controls which were missing are from the separation of responsibilities. There must have been in place an inner regulator were an individual works with advisers while alternative individual or unit take-care of the expense procedure, then somebody else allow expenses and then office should distribute the expenditures. There is an absence of inner controls as you can realize that the corporation amalgamated with a larger corporation and no one measured other accounts such as Jackson and company any longer.

2.) With the lack of control, this offered Helen the chance to effect the fraud. With this presence said, she was talented to emulate sign receipts and spend the retailer’s expenditures. She were also the one in responsibility of office the initial and final of accounts. In short, she had several accountabilities that should have remained separated up better and had diverse individuals for the separations of the job. In addition, she needed a bank description from the corporation where she was capable to put the expenditures and pay individual expenditures.

3.) The method this fraud might be noticed is the inspection squad can ask the bank for reports. They might also conference sellers. The accounting section should have ended sure they were doing the due diligence in dealers and corresponding the receipts with statements and expenditures.

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3 years ago

For long-term contracts, the cost recovery method under IFRS requires recognizing equal amounts of revenue and cost until all co

Sav [38]

Answer:

The answer is letter A. TRUE

Explanation:

Because under IFRS firms tipically use the cost recovery method iif they conclude that the percentage of completion method is not appropriate to account for a long term contract.

8 0

3 years ago

During the first month of operations ended August 31, Kodiak Fridgeration Company manufactured 80,000 mini refrigerators, of whi

tiny-mole [99]

Answer:

1. Absorption Costing Income Statement

For the month ended May 31, 2016

Sales $10,800,000

Cost of goods sold

Beginning inventory -

Cost of goods manufactured $9,600,000

Ending Inventory $960,000

Cost of goods sold $8,640,000

Gross margin $2,160,000

Selling and administrative expenses

$1,080,000 + $180,000 $1,260,000

Income from operation $900,000

2. Variable Costing Income Statement

For the month ended May 31, 2016

Sales $10,800,000

Variable cost of goods sold

Beginning Inventory -

Variable cost of goods manufactured $9,280,000

Ending Inventory $928,000

Variable cost of goods sold $8,352,000

Manufacturing margin $2,448,000

Variable selling and administrative $1,080,000

expenses

Contribution margin $1,368,000

Fixed Cost:

Fixed manufacturing cost $320,000

Fixed selling and administrative $180,000

expenses

Total fixed cost $500,000

Income from operation $868,000

3. The reason for difference of amount for income from operation is $32,000 ($900,000 - $868,000). It is due to fixed manufacturing cost which is included for ending inventory under absorption costing (320,000 / 80,000 * 8,000). Hence, income under absorption costing is higher by $32,000 as compared to income under variable costing.

8 0

3 years ago

Betsy wants to determine if the types of products advertised on television vary depending on the time of day. Which type of arch

Step2247 [10]

Betsy should employ content analysis type of archival research approach in this scenario.

<h3>Content Analysis</h3>

The existence of particular words, topics, or concepts in a given set of qualitative data can be found by using the research tool of content analysis. The presence, significance, and connections of such specific words, themes, or concepts can be quantified and examined using content analysis. To check for bias or partiality, for instance, academics can assess the language used in a news piece. The meanings included in the texts, as well as their authors, readers, and even the culture and time period in which they were written, can all be inferred by researchers. Almost any instance of communicative language can be used as a source of data, including interviews, open-ended inquiries, field study notes, dialogues, and open-ended questions. For the sake of analysis, a single study may examine numerous textual genres.

Learn more about content analysis here:

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4 0

2 years ago

During its first year of operations, a company granted employees vacation privileges and pension rights estimated at a cost of $

lorasvet [3.4K]

Answer:

The total cost of vacation pay and pension rights to be recognized the first year is $0

Explanation:

The vacations are expected to be taken the following year for which the vacation pay would be made and the pension rights are expected to be paid over the next 5-30 years. So, no cost is recognized in the first year

5 0

3 years ago