A cost variance is unfavorable if actual cost exceeds standard cost.
Answer the following statement true (T) or false (F)
True
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The following unadjusted and adjusted trial balances are from the current year's accounting system for Excelsior. Excelsior
Trial Balances For Year Ended December 31 ?UnadjustedTrial BalanceAdjustedTrial Balance?DebitCreditDebitCreditCash11,300?11,300?Accounts receivable16,340?17,140?Office supplies1,145?645?Prepaid advertising1,000?450?Building26,700?26,700?Accumulated depreciation-Building …?1,300?6,300Accounts payable ……………………...?3,320?3,500Unearned services revenue ……………?4,410?3,010Common stock ……………………….?10,000?10,000Retained earnings ……………………….?7,905?7,905Services revenue…………………….?72,400?74,600Salaries expense ……………………….34,500?34,500?Utilities expense………………….. 5,450? 5,630?Advertising expense …………………….. 2,900? 3,450?Supplies expense ………………………..?? 500?Depreciation expense- building………….?? 5,000?Totals………………….99,33599,335105,315 105,315Present the six adjusting entries in general journal form that explain the changes in the account balances from the unadjusted to the adjusted trial balance. What will be an ideal response?
Negotiated rulemaking has been criticized as too costly and too time consuming
a. True b. False
Information is said to be useful in decision making if it possesses three characteristics.Required: A. List the three characteristics of useful information.B. Frequently, there is a conflict between two of the characteristics requested in part "A." Briefly explain what this conflict is.C. What distinguishes relevant from irrelevant information?
What will be an ideal response?
A botnet is a
A) collection of a few hundred hijacked Internet computers that have been set up to forward traffic, including spam and viruses, to other computers on the Internet. B) piece of software code that inserts itself into a host or operating system to launch DoS attacks. C) piece of code in a worm that spreads rapidly and exploits some known vulnerability. D) coordinated network of computers that can scan and compromise other computers and launch DoS attacks.