The formula SP × (SQ ? AQ) is the:
A. direct materials volume variance.
B. direct materials quantity variance.
C. direct materials spending variance.
D. direct materials price variance.
Answer: B
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Answer the following statements true (T) or false (F)
1. Nonverbal messages are often more convincing than verbal messages. 2. A candidate being turned down for a job primarily because he did not make eye contact shows how words are more important than actions. 3. Pushing the “like” button under an Instagram photo is an example of the complementing function of nonverbal communication. 4. We use nonverbal messages to manage the flow of verbal communication. 5. Saying “No” while shaking one’s head from side to side is an example of substituting.
Each account in the cost ledger in a job order system is called a job cost sheet
Indicate whether the statement is true or false
Which of the following accounts is credited when cash dividend is declared?
a. Retained Earnings b. Additional Paid–In Capital c. Cash d. Dividends Payable
Accounting exposure is:
a. the exposure to exchange gains and losses resulting from translating U.S.-dollar-denominated financial statements into foreign denominations. b. the exposure to exchange gains and losses resulting from translating foreign-currency-denominated financial statements into U.S. dollars. c. the exposure to cash flow changes resulting from dealings in foreign-denominated transactions and commitments. d. a result of the need to use more U.S. dollars to settle a foreign-currency-denominated debt.