Answer:
B. Has authority to withdraw funds from a client's account for the benefit of the adviser for the payment of the quarterly advisory fees.
Explanation:
A cost incurred in the past that is not relevant to any current decision is classified as a(n): Sunk costs
This is further explained below.
<h3>What are
Sunk costs?</h3>
Generally, A cost that has already been incurred but cannot be recouped is referred to as a "sunk cost" in economics and the process of making business decisions. In contrast to sunk costs, prospective costs are future expenses that might be avoided if action is done, while sunk costs have already been incurred.
In conclusion, A cost that was incurred in the past but is not relevant to any choice that is being made at this time is considered to be a(n): Incurred expenses
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Answer:
Being debt-free within 15 years is an example of a long-term goal.
Explanation:
One main characteristic of a long-term goal is that it involves a planning horizon that is more than 5 years during which some thoughts are paid to the goal, and the means of achieving it are marshalled out, and rigorously pursued. Long-terms goals are best broken into manageable, short-term, and medium-term goals to enable the decision-maker to accomplish her goal. The future is always uncertain, to achieve a long-term goal you must remain motivated.
Answer:
umm i rrly dont know just need points thxs
Explanation:
Answer:
Explanation:
Rordan Corporation
Direct Labor Budget
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
Year
Required production in units:
1st Quarter = 8, 000
2nd Quarter = 6, 500
3rd Quarter = 7, 000
4th Quarter = 7, 500
Year = 29, 000
Direct labor time per unit (hours):
1st Quarter = 0.35
2nd Quarter = 0.35
3rd Quarter = 0.35
4th Quarter = 0.35
Total direct labor hours needed:
1st Quarter = 2, 800
2nd Quarter = 2, 275
3rd Quarter = 2, 450
4th Quarter = 2, 625
Year = 10, 150
Direct labor cost per unit:
1st Quarter = $12
2nd Quarter = $12
3rd Quarter = $12
4th Quarter = $12
Total direct labor cost:
1st Quarter = $12 x 2, 800 = $33, 600
2nd Quarter = $12 x 2, 275 = $27, 300
3rd Quarter = $12 x 2, 450 = $29, 400
4th Quarter = $12 x 2, 625 = $31, 500
Year = Q1 + Q2 + Q3 + Q4 = $121, 800
