The standard price and quantity of direct materials are separated because:
a) gaap reporting...
Business, 11.11.2019 20:31 shelbyo1123
The standard price and quantity of direct materials are separated because:
a) gaap reporting requires this separation
b) direct materials prices are controlled by the purchasing department, and quantity used is controlled by the production department
c) standard quantities are more difficult to estimate than standard prices
d) standard prices change more frequently than standard quantities
Answers: 1
Business, 22.06.2019 08:30
Match the items with the actions necessary to reconcile the bank statement.(there's not just one answer)1. interest credited in bank account2. fee charged by bank for returned check3. checks issued but not deposited4. deposits yet to be crediteda. add to bank statementb. deduct from bank statementc. add to personal statementd. deduct from personal statement
Answers: 2
Business, 22.06.2019 08:30
Acompany recorded a check in its accounting records as $87. however, the check was actually written for $78 and it cleared the bank as $78. what adjustment is needed to the personal statement? a. decrease by $9 b. increase by $9 c. decrease by $18 d. increase by $9
Answers: 2
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Business, 22.06.2019 23:00
Even sole proprietors should have at least how many computers? 1 2 3 4
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