Business, 18.12.2019 19:31 postorivofarms

The balanced scorecard approach

a. uses only financial measures to evaluate performance.
b. uses rather vague, open statements when setting objectives in order to allow managers and employees flexibility.
c. normally sets the financial objectives first, and then sets the objectives in the other perspectives to accomplish the financial objectives.
d. evaluates performance using about 10 different perspectives in order to effectively incorporate all areas of the organization.

which one of the following statements is true?

a. if the materials price variance is unfavorable, then the materials quantity variance must be favorable.
b. price and quantity variances move in the same direction. if one is favorable, the others will be as well.
c. if the materials price variance is unfavorable, then the materials quantity variance must also be unfavorable.
d. there is no correlation of favorable or unfavorable for price and quantity variances.

standard costs

a. may show past cost experience.
b. establish expected future costs.
c. are the budgeted cost per unit in the present.
d. all of these.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 17:40

Which of the following best explains cost-push inflation? a. increasing wages for workers drive up the cost of production, forcing producers to charge more to meet their costs. b. consumers demand goods faster than they can be supplied, increasing competition among buyers. c. rising prices for goods and services reduce spending power and cut into consumer demand. d. wages drop so that workers have to spend a higher percentage of income on the cost of necessities.2b2t

Answers: 1

Answer

Business, 21.06.2019 22:00

How would you cite different books by the same author on the works cited page? a. moore, jack h. folk songs and ballads. salem: poetry press, 1999. print. moore, jack h. ballads in poetry – a critical review. dallas: garden books, 1962. print. b. moore, jack h. folk songs and ballads. salem: poetry press, 1999. print. –––. ballads in poetry – a critical review. dallas: garden books, 1962. print. c. moore, jack h. ballads in poetry – a critical review. dallas: garden books, 1962. print. moore, jack h. folk songs and ballads. salem: poetry press, 1999. print. d. moore, jack h. ballads in poetry – a critical review. dallas: garden books, 1962. print. –––. folk songs and ballads. salem: poetry press, 1999. print.

Answers: 1

Answer

Business, 22.06.2019 11:10

Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)

Answers: 2

Answer

Business, 22.06.2019 23:50

Harris fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. at the beginning of the year, it estimated that 34,000 direct labor-hours would be required for the period’s estimated level of production. the company also estimated $599,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. harris's actual manufacturing overhead for the year was $768,234 and its actual total direct labor was 34,500 hours.required: compute the company's predetermined overhead rate for the year. (round your answer to 2 decimal places.)

Answers: 2

Answer

You know the right answer?

The balanced scorecard approach

a. uses only financial measures to evaluate performance....

Questions