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Brut [27]
2 years ago
10

Measuring performance relative to planned objectives and standards is part of:.

Business
1 answer:
oksian1 [2.3K]2 years ago
6 0

Measuring performance relative to planned objectives and standards is part of controlling.

<h3>What is controlling?</h3>

Controlling helps to manage, supervise or oversee a given task or assignment.

It helps to measure how far or well a given task has been done relative to the target.

Therefore, Measuring performance relative to planned objectives and standards is part of controlling.

Learn more on controlling here,

brainly.com/question/25453419

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1. Loan 1 is a 4%, 5-year balloon loan for $3,000,000 with interest due and paid annually on December 31. Drake records interest
nordsb [41]

Answer:

Explanation:

Loan          3000000

Interest        4%

There are three steps to solve correction of errors entries

Step-1         what entry have been made

Step-2         what should be the actual entry.

Step-3         what should be net entry to make it correct.

Step-1         what entry have been made

Accrued Expense payble   3000000*4%         120000

                                       Cash                                            120000

Wrong entry that has been in books. instead of recording expense we have reduced the liability by debiting it.

Step-2         what should be the actual entry.

interest Expense    3000000*4%         120000

                           Cash                                            120000

The correct entry that should have been made

Step-3         what should be net entry to make it correct.

interest Expense    3000000*4%         120000

                       Accrued Expense payble   3000000*4%         120000

Now we have debited the expense that should be recorded and to increase the laibility we have credited the liability that have been decreased in entry 1.

8 0
3 years ago
When returning to homeport from seaward and you see a red buoy how should you respond?
Dmitriy789 [7]
Keep the buoy on your starboard side. In addition, once disconnected from the boat in a swift river current, you must float on your back with your feet downstream and to avoid capsizing or swamping you must anchor from the bow reasonably than the stern.
3 0
3 years ago
At the beginning of June, Bezco Toy Company budgeted 24,000 toy action figures to be manufactured in June at standard direct mat
aliya0001 [1]

Answer:

Direct material quantity variance = $1,000

Direct labor time variance =  $224

Explanation:

<em>Calculation of the direct materials quantity</em>

Direct material quantity variance = Actual quantity at standard price - Standard Quantity at standard price

Direct material quantity variance = $33,400 - (($36,000/24,000) * 21,600

Direct material quantity variance = $$33,400 - ($1.5 * $21,600)

Direct material quantity variance = $33,400 - $32,400

Direct material quantity variance = $1,000

<em>Calculation of direct labor time variances</em>

Direct labor time variance = Actual labor time at standard cost - Standard labor time at standard cost

Direct labor time variance = $8,000- (($8,640/24,000) * $21,600

Direct labor time variance = $8,000 - (0.36) * $21,600

Direct labor time variance = $8,000 - $7,776

Direct labor time variance =  $224

5 0
4 years ago
An advertisement that makes you worry about bad breath, body odor, or dandruff is relying on a fallacy called
rusak2 [61]
Hi!

I believe it is called 'Scare tactics'.
7 0
3 years ago
You are driving a car that does not have anti-lock brakes (abs). if the road is slippery and you need to make an emergency stop,
katen-ka-za [31]
Pull the emergency brake
5 0
4 years ago
Read 2 more answers
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