What are the advantages of reuse?
What will be an ideal response?
Reuse, where possible, has two major benefits: it makes the product less costly because the same solution does not have to be reinvented repeatedly, and it makes the product more reliable since a reusable element is tested in different contexts.
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Which internal control is not an important part of the payroll system?
a. Supervisors verify the accuracy of employee time cards. b. Paychecks are distributed by an independent paymaster. c. Accounts payable verifies the accuracy of the payroll register before transferring payroll funds to the general checking accounting. d. General ledger reconciles the labor distribution summary and the payroll disbursement voucher.
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$126 Units in beginning inventory 0Units produced 1,900Units sold 1,800Units in ending inventory 100 Variable costs per unit: Direct materials$49Direct labor$28Variable manufacturing overhead$5Variable selling and administrative expense$11Fixed costs: Fixed manufacturing overhead$32,300Fixed selling and administrative expense$23,400What is the total period cost for the month under variable costing?
A. $43,200 B. $55,700 C. $75,500 D. $32,300
Modest dress is emphasized in many Middle Eastern cultures. This reflects which foundational moral value?
A. harm/care B. in-group/loyalty C. purity/sanctity D. fairness/reciprocity
Give an account of the social responsibility of businesses and list its four main theories
What will be an ideal response?