Which of the following statements is true? 1. An activity measure in activity-based costing expresses how much of an activity is carried out and it is used as the allocation base for assigning overhead costs to products and services 2. Activity-based management involves focusing on activities to eliminate waste, decrease processing time, and reduce defects Ml. 3. An activity based costing system is generally more difficult to set up and run than a traditional cost system Multiple Choice (0 ) a) None of the statements are true. b) Statements II and Ill are true. c) All of the statements are true. d) Statements I and Il are true.
Answers
True, An activity measure in activity-based costing expresses how much of an activity is carried out and it is used as the allocation base for assigning overhead costs to products and services
Activity-Based Costing (ABC) is a costing system that determines the cost of various activities and then assigns those costs to goods and services based on how much of each activity is consumed by each product or service.
Overhead costs are indirect costs incurred by a company that is not associated with specific goods or services. These costs are not directly linked to the creation of a specific product or service but rather support the company's overall operations.
Statement 1 is true: An activity measure in activity-based costing expresses how much of an activity is carried out and it is used as the allocation base for assigning overhead costs to products and services. This statement is factual and accurate.Statement 2 is also accurate: Activity-based management involves focusing on activities to eliminate waste, decrease processing time, and reduce defects. This is a definition of activity-based management, which is often used in conjunction with activity-based costing.However, Statement 3 is not true: An activity-based costing system is generally more difficult to set up and run than a traditional cost system. This statement is false, as it is not always the case. While ABC systems can be more complex, they may also provide more precise cost data than traditional cost systems, particularly for complex operations or industries.Learn more about Activity-based Costing: https://brainly.com/question/6654166
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Related Questions
Discretionary income might be used to buy which items?
Answers
Answer: Movie Tickets
Explanation:
According to the video, which qualities do Lawyers need? Select all that apply.
x mechanical skills
x aggressiveness
intelligence
x physical fitness
determination
moral and ethical integrity
people skills
Answers
Answer:
C E F G
Explanation:
According to the video, The qualities Lawyers need, The first is intelligence, the second one was determination, moral and ethical integrity people skills.
What are skills?A skill is the acquired capacity to move with deliberate intent and good execution, frequently in a pre-determined window of time or energy or both. Domain-general and domain-specific skills are two common categories of skills.
As, The qualities the lawyer needs in the Curveballs will probably be thrown throughout a case session, and they must be able to understand them and react accordingly.
As, The important quality, the lawyer needs is zeal for one's work. Successful attorneys nearly usually have a genuine enthusiasm for what they do as a profession.
Therefore, The right option (C, E, F, G)) is correct.
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By far the largest of the U.S. statutory programs, in both size and cost to employers (and employees), are ______. a. Medicare and the ACA b. Medicare and Medicaid c. Social Security and Medicare d. Social Security and Medicaid
Answers
By far the largest of the U.S. statutory programs, in both size and cost to employers (and employees), are Social Security and Medicare. The correct answer is option C.
Social Security is a federal program that provides retirement, disability, and survivor benefits to eligible individuals, while Medicare is a federal health insurance program for people over 65 and for those with certain disabilities.
Social Security and Medicare together, these two programs make up a significant portion of the federal budget, with Social Security alone accounting for more than one-fifth of all federal spending.
Social Security is funded by a payroll tax on employees and employers, while Medicare is funded by a combination of payroll taxes, premiums paid by beneficiaries, and general revenue from the federal government.
Both programs are facing financial challenges as the aging population puts a strain on the system, and there are ongoing debates about how to ensure their long-term sustainability.
Overall, Social Security and Medicare are important components of the U.S. social safety net and have a significant impact on the lives of millions of Americans.
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Jeramlah is working with a difficult client. After mixing up a paint order, the client says, "Of course you mixed up this paint order. You never listen
to me, and you're always picking out weird looking colors!" What type of communication is the client using?
A. passive
B. Aggressive
C. Non-aggressive
D. Assertive
Answers
Answer: i would say he is being aggressive towards the guy
Explanation:
hey what time do you start work tommorow babe tell me now or i will come to yoyur house tonigh
Answers
Explanation:
9 am why
Answer:
oop- late f`ree points. :)
\(AnimeVines\)
a.Explain one argument for and one argument against removing employment laws.
b.Explain why employment laws may only affect a small percentage of the labour force in some countries.
Answers
One possible reason for removing employment laws is because they are outdated and hence need to be replaced with a more workable system.
One possible reason for NOT removing them is because, in a capitalist society, without laws, the employees are bound to be left at the mercy of business owners.
What are Employment laws?Labour laws are those that serve as a bridge between employees, employers, trade unions, and the government. Collective labor law is concerned with the three-way relationship between employee, employer, and union. Individual labor law addresses employees' rights at work, including through the employment contract.
Title VII (of the Civil Rights Act); the Americans with Disabilities Act; the Age Discrimination in Employment Act; the Equal Pay Act; the Fair Labor Standards Act; the Family and Medical Leave Act; the Immigration Reform and Control Act; and the National Labor Relations Act are the principal federal employment laws.
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fees for service are determined by which of the following?
Each bank
Each transaction
Each customer
Each branch of bank
Answers
Answer:
Each bank
Explanation:
Banks offer various types of services to customers such as funds transfers, check clearance, foreign exchange, among many others. Since the services are offered by the bank, it is the bank that charges the service fees. The banks also determine the amount of fees to charge per service.
Typically, a bank will apply uniform charges across all its branches. The charges for different services are determined by the bank's top management and apply to all its branches in a country.
what is utility in business and marketing
Answers
Answer:
Utility marketing is the concept whereby a brand intersects the consumer at the moment of a non-commercial need, addresses their need, becomes a part of their life, and remains with them for when they're ultimately ready to make a purchase.
Which of these supply chain activities is the most day-to-day, routine activity?
A) control of monetary flows
B) capacity decision
C) warehouse location
D) workforce leveling
Answers
Warehouse location is the supply chain activities in most day-to-day, routine activity. Therefore, option C is correct
Among the given options, warehouse location is the most day-to-day, routine activity in supply chain management.
Supply chain management involves various activities that contribute to the efficient flow of goods and services from the point of origin to the point of consumption. These activities encompass a wide range of functions, including controlling monetary flows, capacity decisions, warehouse location, and workforce leveling.
While all of these activities are important in managing the supply chain, warehouse location is typically considered a more day-to-day, routine activity. Warehouse location refers to the strategic decision of selecting the optimal physical location for storing inventory and managing the flow of goods. This decision is crucial for ensuring timely delivery, reducing transportation costs, and meeting customer demand.
On the other hand, control of monetary flows involves managing financial transactions and ensuring the availability of funds for purchasing, production, and other supply chain activities. Capacity decisions involve determining the appropriate level of production capacity to meet demand. Workforce leveling deals with managing workforce utilization and scheduling to match production requirements.
Compared to these activities, warehouse location is a more frequent and ongoing task that requires regular evaluation and adjustment based on factors such as market demand, transportation networks, and operational efficiency. It involves considerations such as proximity to suppliers, customers, transportation hubs, and cost-effective storage solutions.
Among the given options, warehouse location is the most day-to-day, routine activity in supply chain management. Effective warehouse location decisions contribute to the smooth operation and optimization of the supply chain network.
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ignore the fact that dfa tries to actively avoid the lemons problem. if dfa only offered a small-cap fund and a value fund to their investors (this was their business model in the 1980s), would this business practice be consistent with dfa's claim that they believe in market efficiency? suppose dfa lives in the fama-french three-factor model world instead of the capm world.
Answers
No. As per the information given about DFA the DFA is not a true believer of market efficiency.
The extent to which market prices accurately reflect all relevant information available is known as market efficiency. If the market is efficient because all the information is already in the price, there is no way to "beat" it because there are no undervalued or overpriced assets.
The ability of a market to absorb information that provides the maximum number of trading opportunities for security buyers and sellers without increasing transaction costs is the essence of market efficiency. Scholars and practitioners disagree on whether or how efficient markets, including the US stock market, are.
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If you see a mistake on your credit report, who should you contact? how should you contact them?.
Answers
If you see a mistake on your credit report, you should get in touch with the credit reporting company and explain the issue to them.
Your credit report affects your purchasing power, chances of landing a job, renting or purchasing a home and ability to purchase insurance. Credit reporting agencies sell your report's contents to companies that use it to decide whether to lend you money or not. Credit reports are sometimes also consulted by hiring managers. This is why it's important to ensure that the data in your report is accurate and comprehensive.
Any inaccurate or incomplete information in your report must be corrected by the credit agency as well as the company that provided the information to the bureau. These agencies work for no payment. Contact the credit bureau and the company that provided the false information to get errors in your record fixed. Inform them that you want to contest the facts in your report. Your issues will be resolved.
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An advantage that bureaucrats in federal government have over the president in the policymaking process is that bureaucrats.
Answers
The correct answer is option 3. They usually have a continuity of service in the executive branch that the President lacks.
The federal bureaucracy is the creation of Congress and the president. However, agencies autonomously set policy and exercise power. They legislate through rulemaking, carry out their missions through implementation, and resolve conflicts by listening to grievances, pursuing cases, and making decisions.
When formulating policies, bureaucrats have one major advantage over the president: They typically have a continuity of service in the Executive branch that the President does not.
The modern bureaucracy has several benefits, including:
It is relatively shielded from the whims of the President, and many of its bureaucrats are not appointed by politicians.The majority of bureaucrats are experts in their fields.There are fewer bureaucrats per person in the United States than in other industrialized countries.Red tape is unbiased and might possibly assist maintain fairness.Read more about Bureaucracy:
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An advantage that bureaucrats in the federal government have over the President in the policymaking process is that bureaucrats
1. control the budgetary process
2. have an independence from the President that is guaranteed by the Constitution
3. usually have a continuity of service in the executive branch that the President lacks
5. have better access to the media than the President
what is the difference between recognition and realization as it applies to the recording of a deferred tax asset on a balance sheet?
Answers
Recognition and realization are two distinct concepts that apply to the recording of deferred tax assets on a balance sheet.
Recognition refers to the acknowledgement of a deferred tax asset as a result of past transactions or events that have resulted in temporary differences between the book and tax basis of assets and liabilities. Realization, on the other hand, refers to the actual utilization of the deferred tax asset to reduce future tax liabilities.
In simpler terms, recognition is the initial recognition of a deferred tax asset on the balance sheet, while realization is the actual use of that asset to offset future tax liabilities. Recognition is based on the likelihood that the asset will be realized in the future, while realization is dependent on the future tax environment and the company's ability to generate taxable income.
Therefore, recognition of a deferred tax asset indicates the potential future benefit, while realization represents the actual value received from utilizing the asset to offset future tax liabilities. It is important to understand the difference between the two concepts to accurately reflect the company's financial position and tax liabilities.
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The more companies an insurance company insures, the more likely they can predict the percentage of losses over a
given period of time. This is known as:
a) Statistical Analysis
b) Forecasting
c) Law of Large Numbers
Answers
Answer: C. Law of Large Numbers
Explanation:
The law of large numbers, posits that as the sample size grows, the mean of the samples will be closer to the average that's meant for the entire population.
According to the law of large numbers, when an experiment is repeated so many times, and then the results are averaged, the value that one gets will be close to the expected value.
In insurance, the more companies that are insured by the insurance company, the more likely they will b able to predict the percentage of losses over a given period of time.
1. When you get an online bank statement emailed to you can organize it by:
downloading it and printing it and filing it
downloading it and saving it to a file on your computer
delete the email and ignore it
Answers
Sort the various statements according to the accounts. If you have three checking accounts and two savings accounts, you have five separate bank statements that you receive each month. Make a stack for each separate account.
Skill Hardware is the plaintiff in a $16 million lawsult fled against a supplier. The litigation is in final appeal and legal counsel advises that it is virtually certain that Skill will win the lawsuit and be awarded $12 million. How should Skill account for this event? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 The contingency is ocrued. 2. The contingency is not accrued 2 This is a gain contingency 2 Tis is a loss contingency. It is probable that the confrming event wall occur. The contingency can be reasonably estimated. None of these
Answers
As the legal counsel advises that it is virtually certain that Skill will win the lawsuit and be awarded $12 million, the company should account for this event as a gain contingency. Hence, the correct answer is:
This is a gain contingency.
Explanation : A gain contingency can be defined as a potential gain that depends on a future event, and the contingency is realized when that particular event occurs. It arises when an event whose occurrence or non-occurrence determines whether the company will realize a gain is yet to happen. The amount of the gain contingency will not be recognized in the financial statements until the gain is realized. The company cannot book the gain before the occurrence of the event as it will not be considered as a realized gain in the financial statement until the event actually occurs and the payment is received. As Skill Hardware is the plaintiff in a $16 million lawsuit filed against a supplier, the contingency in this case is a gain contingency. Therefore, the company should not accrue the contingency as the contingency is a gain and not a loss.
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Why are the incoming mails registered in the office? Give reasons,
Answers
Answer:
because they send the mail to you as it enter the mail or mailbox is a delivery
One year, professional sports players salaries averaged $1.7 million with a standard deviation of $0.7 million. Suppose a sample of 400 major league players was taken. Find the approximate probability that the average salary of the 400 players exceeded $1.1 million.
Answers
To find the approximate probability that the average salary of the 400 players exceeded $1.1 million, we can use the Central Limit Theorem. The Central Limit Theorem states that the sampling distribution of the sample mean will be approximately normal if the sample size is large enough.
Given the information, we have:
- Population mean (μ) = $1.7 million
- Population standard deviation (σ) = $0.7 million
- Sample size (n) = 400 players
First, let's calculate the standard error (SE) of the sample mean:
SE = σ/√n = $0.7 million/√400 = $0.035 million
Now, we'll find the z-score for the sample mean of $1.1 million:
z = (sample mean - μ) / SE = ($1.1 million - $1.7 million) / $0.035 million = -$17.14
Since the z-score is negative and we want to find the probability of the average salary exceeding $1.1 million, we'll look at the area to the right of the z-score. The area to the right of such a large negative z-score is approximately 1 (almost certain). Thus, the approximate probability that the average salary of the 400 players exceeded $1.1 million is very close to 1, or 100%.
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The organizational structure and organizational culture of a firm are often interrelated. With any organization of your choice, examine what you believe to be their organizational structure and using all three levels of organizational culture to illustrate your points, draw links between the organizational culture and its organizational structure to illustrate how these two aspects of a firm can be intertwined.
Answers
The correct answer to this open question is the following.
I would like to choose the company called "Coops," a Swiss firm dedicated to operating supermarkets in Switzerland and other parts of Central Europe.
Their organizational structure is almost flat, with a dominant matrix work relationship that allows the management and the workers to have more direct and open lines of communication. This kind of organizational structure helps to have a more strong interrelation with the corporative culture in that employees feel more comfortable to establish communication with the hierarchy, are confidente that their opinions and suggestions are going to be taken into consideration, and this organizational climate allows for permanent feedback. This concept strengthens the corporate culture because employees are happy in the workplace, makes them more efficient and productive, behaviors that benefit the company because it allows it to have better results. And more importantly, these happy employees reflect their attitude when they are serving the consumers.
Suppose that in Mexico, it takes four labor hours to produce one shirt and 12 labor hours to produce one computer. Suppose that in the United States, it takes four labor hours to produce one shirt and three labor hours to produce one computer. If both countries have 60 labor hours available, completely specialize according to comparative advantage, and trade 7.5 shirts for 7.5 computers, which of the following gives total consumption in the United States after trade?
a. 15 shirts and 20 computers
b. 7.5 shirts and 10 computers
c. 7.5 shirts and 12.5 computers
d. 7.5 shirts and 7.5 computers
Answers
Answer:
c. 7.5 shirts and 12.5 computers
Explanation:
United States have comparative advantage in producing computers while Mexico has comparative advantage in producing shirts. United States have 60 labor hours available which it will use to make computers. It can make total 20 [60 hours / 3 hour per computer] computers. It will trade 7.5 computer for 7.5 shirts then the country will be left with 12.5 computers and 7.5 shirts.
The total consumption in the United States after the trade is 7.5 shirts and 12.5 computers.
The following things should be considered:
The opportunity cost of Producing shirts in Mexico is = 4 ÷ 12 = 0.33. The opportunity cost of Producing shirts in the US = 4 ÷ 3 = 1.33Therefore Mexico should have the comparative advantage in shirts as it contains the lower opportunity cost of producing shirts and the US has the comparative advantage in computers.
Therefore,
US Production of computers = 60 ÷ 3=20 .So, The terms of trade or exchange rate should be 7.5 shirts to 7.5 computers. Thus, the US would trade 7.5 computers and received 7.5 shirts. After the trade, the US will have shirts = 7.5 .So, the Computers = 20 - 7.5 = 12.5Therefore we can conclude that the total consumption in the United States after the trade is 7.5 shirts and 12.5 computers.
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Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as:.
Answers
Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as User-generated content.
User-generated contentUGC for short is content that is created, published or submitted by users of a brand. In numerous cases, it's the most influential content for brands. Usually, contributors are unpaid fans who encourage a brand instead of the brand promoting itself.
Online users are evolved increasingly savvy in knowing which companies are using messy marketing tactics, and which ones are being genuine and evident.
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Which one of the following is not a recognized form of business?
B Corp
Cooperative
S Corp
T Corp
Answers
Option (d), T Corp is not a legally recognized type of corporation.
T Corp: What is it?To local governments in New South Wales that are judged to be financially secure, TCorp offers long-term, competitively priced infrastructure loans in conformity with credit conditions. Learn more.
New South Wales Treasury Corporation is the primary source of funding for the state of New South Wales's public sector (TCorp). Its major objective is to provide financial services to the government of New South Wales as well as other public agencies and companies.
The option that comes next is not a category of company organization.The primary kind of business structure is not limited unregistered businesses. This type of business formation does not exist. All legal forms of business entities, including corporations, partnerships, and sole proprietorships, are acceptable.
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How much would $2000 dollars earn in 1 year at a rate of 4.4% compounded annually?
Answers
Answer:
2,088
Explanation:
Use calculator and do 2000(1.044)^1
6 * 4 + 43 w/ solutions
net programming (tle)
Answers
Answer:
24+43wExplanation:
To be classified as a current liability, how or when must a debt be expected to be paid?
Answers
Hope this helps!
To add Line sparklines in the range F5:F10 based on the data in the range B5:E10, please follow these steps:
1. Select the range F5:F10.
2. Go to the "Insert" tab in the Excel ribbon
Answers
To add line sparklines in the range F5:F10 based on the data in the range B5:E10, follow these steps: Select the range F5:F10., Go to the "Insert" tab in the Excel ribbon.
Open the Excel spreadsheet and navigate to the worksheet containing the data.
Click and drag to select the range F5:F10 where you want to insert the line sparklines.
Switch to the "Insert" tab in the Excel ribbon at the top of the window.
Look for the "Sparklines" group within the "Insert" tab.
Click on the "Line" sparkline option to insert line sparklines.
A dialog box will appear where you need to specify the data range. In this case, the data range is B5:E10.
Select the data range B5:E10 by clicking and dragging over the cells containing the data.
Click "OK" to confirm and insert the line sparklines into the selected range F5:F10.
Now you should see line sparklines representing the data in the range B5:E10 within the range F5:F10.
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what type of object can ground static
Answers
electronic. Maybe I'm not a hundred percent sure.
Answer: its plastic
this is just extra bc it kept saying my answer was too short
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According to the video, what are some qualities needed by Computer Support Specialists? Check all that apply.
physical strength and fitness
graphic design skills
patience and understanding
knowledge of computers and software
verbal and written communication skills
marketing and sales skills
Answers
Answer:
patience and understanding
knowledge of computers and software
verbal and written communication skills
Explanation:
Just answered it on edge
Some qualities needed by Computer Support Specialists are as follows:
patience and understandingknowledge of computers and softwareverbal and written communication skillsSo, the correct options are C, D and E.
Who are Computer Support Specialists?A computer support specialist is also commonly known as an IT specialist, network technician, tech support specialist, or network specialist. Computer support specialists refer to those providing assistance and guidance to individuals or organizations that are using computer software or equipment are new-age professionals also known as computer network support specialists.
Their job is to support the information technology employees working in their organization. Computer support specialists are assigned a variety of responsibilities that differ depending on whether they provide network or direct user support.
Therefore, the correct options are C, D and E.
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PLEASE HELP ASAP (EASY)
Fiona short has wondered how to turn her 185,000 followers into an even bigger business. She thinks she has two options: 1. Open a Fifi's Closet shop in central London or 2. Pay a friend to set up a second e-commerce Fifi's Closet website in French. Justify which of these two options Fiona should choose (9 marks)
Answers
Answer:
2
Explanation:
you're capable of reaching more people with a website
during design and implementation, a development team will be heavy with ________.
A) business analysts
B) business users
C) programmers
D) senior managers
Answers
During design and implementation, a development team will be heavy with programmers.
The operating system's aims are design goals. They can be utilized to assess the design and must be met in order to satisfy design criteria. Although they might not necessarily be technical, these objectives frequently have a significant impact on how users view their interaction with an operating system.
Creating source code in such a high-level programming language, converting it into object code, and afterwards interpreting this object code using an interpreter are all steps in the implementation process. An operating system's function is to offer services to users when they utilise their computers to execute programmes.
The correct answer is option C.
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