An account has three parts to it; a title, an increase side, and a decrease side
Indicate whether the statement is true or false
True
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A company issues periodic reports called
A. audits. B. summaries. C. financial statements. D. tax returns.
Moncrief Corporation bases its budgets on machine-hours. The company's static planning budget for July appears below: Budgeted number of machine-hours 1,000 Supplies (@ $8.60 per machine-hour)$8,600Power (@ $8.80 per machine-hour) 8,800Salaries 11,300Equipment depreciation 9,900Total$ 38,600Actual results for the month were: Actual number of machine-hours 1,200Supplies$10,290Power$10,860Salaries$11,690Equipment depreciation$9,990The spending variance for supplies costs for the month should be:
A. $1,690 F B. $30 F C. $30 U D. $1,690 U
How might a technology company like Apple ensure that it behaves in a socially responsible way toward its customers?
A. It can adhere to government-mandated safety standards in its stores. B. It can ensure that its packaging materials are recyclable. C. It can protect the privacy of personal information collected on its website. D. It can ensure that it pays its employees fairly. E. Social responsibility isn't relevant where customers are concerned; it has to do with serving society as a whole.
Which of the following refers to how companies remain in business?
A) corporate social responsibility B) economic sustainability C) carbon footprint D) sustainability E) closed-loop supply chains