You have a budget for your personal finances. Which of the following statements best explains this statement?
a. You use your budget to show the difference between what you earn (income) and what you spend(expenditures).
b. Budgets are for poor individuals.
c. You use your budget to measure your creditworthiness.
d. Budgets are a tool students use to figure out whether or not they can afford the next semester.
a
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Which of the following is a stakeholder of an organization?
A) The accounts receivable clerk of the organization B) A vice president of the organization C) A line supervisor of the organization D) All of these choices
Modern management accounting can be characterized by its
a. flexibility. b. standardization. c. complexity. d. precision.
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:Total machine-hours30,000Total fixed manufacturing overhead cost$252,000Variable manufacturing overhead per machine-hour$2.10Recently, Job T687 was completed with the following characteristics:Number of units in the job10Total machine-hours30Direct materials$675Direct labor cost$1,050The estimated total manufacturing overhead is closest to:
A. $252,002 B. $315,000 C. $252,000 D. $63,000
Which of the following things should be stated in a company's substance abuse policy:
a. what will be done with the results of a drug test b. the drug employees most commonly test positive for c. what percentage of employees test positive on average d. all of the other specific choices should be stated in a company's substance abuse policy e. none of the other specific choices should be stated in a company's substance abuse policy