A list of the accounts is called
A) ledger
B) chart of accounts
C) T-Account
D) Debit
B
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Why is using a single plantwide predetermined overhead allocation rate not always accurate?
What will be an ideal response?
McCoy Brothers manufactures and sells two products, A and Z in the ratio of 4:2. Product A sells for $75; Z sells for $95. Variable costs for product A are $35; for Z $40. Fixed costs are $418,500. Compute the number of units of Product Z McCoy must sell to break even.
A. 3,100. B. 9,300. C. 6,750. D. 6,200. E. 1,550.
Pete noticed a pattern at the annual budgeting session of his company. Mid-level managers were asking for unrealistically high budgets while top management was attempting to limit budgets under last year's actual expenditures. Management used ________ strategies.
A. rigid behaviors B. tactical behaviors C. bureaucratic budgeting D. budget resistance E. budget breakdowns
Kareem, the manager of Kroienel Inc., claims that most people are able to gain access easily to the restricted areas of the firm and that the security of the firm is under threat. This had resulted in data theft on numerous occasions. He wants the HR technology at the firm to be replaced. Jeff, his subordinate, disagrees with Kareem's explanation. He says that very few people have access and authority to use the HR technology. Only those few people are responsible for the security breach and the HR technology is not faulty. Which of the following statements most likely strengthens Kareem's claim?
A. The technology used at the firm is outdated and faulty. B. The firm's competitors use a different type of HR technology. C. Employees have low self-efficacy when they work with new technology. D. The data theft was done by an in-house professional.