A cost driver is:

a. An overhead or activity rate.
b. A basis used to allocate each of the activity cost pools.
c. The estimated cost of each activity pool.
d. Used only to allocate non-volume-related costs.


b

Business

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The set of items below was identified in preparing a bank reconciliation for Heath Corp as of August 31, 2014. Bank statement balance $18,500 Heath's book balance (before adjustments) ? Outstanding checks 2,700 Customer's NSF checks 350 Service Charges 100 Deposits in transit 1,000 Interest earned on checking account 60 Heath Corp's balance per books before the reconciliation is

a. $16,410 b. $16,900 c. $17,190 d. $17,310

Business

Specific features are created using Scrum methodology according to four distinct phases. Which of the following places these phases in the correct order?

A. Analysis, Design, Build, Monitor B. Design, Build, Analysis, Test C. Monitor, Design, Build, Test D. Analysis, Design, Build, Test E. Design, Build, Monitor, Test

Business

On December 31 of the current year, Holmgren Company's bookkeeper made an entry debiting Supplies Expense and crediting Supplies on Hand for $12,600 . The Supplies on Hand account had a $15,300 debit balance on January 1 . The December 31 balance sheet showed Supplies on Hand of $11,400 . Only one purchase of supplies was made during the month, on account. The entry for that purchase was

a. debit Supplies on Hand, $8,700 and credit Cash, $8,700. b. debit Supplies Expense, $8,700 and credit Accounts Payable, $8,700. c. debit Supplies on Hand, $8,700 and credit Accounts Payable, $8,700. d. debit Supplies on Hand, $16,500 and credit Accounts Payable, $16,500.

Business

The psychological status of willingness to depend on another person or organization best describes

A) commitment. B) dedication. C) behavioral targeting. D) trust.

Business