Responsibility reports should focus on the human being responsible for unfavorable​ variances, rather than information.

You are watching: Which of the following statements is true of performance reporting?


Want to watch this answer and more?

Experts space waiting 24/7 to provide step-by-step solutions in as rapid as 30 minutes!*

See Answer
*Response times might vary by subject and question complexity. Median an answer time is 34 minutes for paid subscribers and may be much longer for advancement offers.

Q: The debits to work-related in Process—Assembly Department for May, together with data worrying production,...

A: Solution:-Calculation the materials price per identical unit for might as follows:-


Q: 1. Define the regulatory frame that governsfinancial reportinginAustraliawithemphasisontheConce...

A: 5. Shares room issued to raise resources for the business organization. Authorized shares room the maxi...


Q: Crane Co. Together lessee records a finance lease of machinery on January 1, 2021. The seven yearly lease ...

A: Click to view the answer


Q: Which that the following best defines the allocation baseSelect one:O a. The is selected based upon the...

A: The price is option (b)

Q: Problem 13-6 (AICPA Adapted)On December 31, 2020, a big fire led to severe damage to thewarehouse ...

A: Merchandisers (wholesalers, retailers and distributors) to buy inventory through the intention of selling ...


Q: Choose just one answer and also state your reasons/rationale because that the price chosen.1) an employe...

A: The answer because that the multiple an option question on the control that would be most efficient in detecting...


Q: April industries employs a standard costing mechanism in the production of its single product, a park ...

A: Answer A)Standard price per unit of material =Standard material cost per unitQuantity of material p...


Q: Department J had actually no work in procedure at the start of the period, 18,000 systems were completed duri...

A: Total cost of 20000 devices $ Direct material. 100000Dire...


Q: You are assessing a project for The ultimate recreational tennis racket, guaranteed to exactly that...

A: Computation that the Net current Value:S.NoParticularsAmountAPV of the annual Cash flow( wn:...


Q: Following is details from Jesper company for its early month that business. Credit Purchase...

A: Given that,Credit Purchases Cash PaidJan. 9Bailey Company$17,400 Jan.19Bailey Company...


Q: As the bookkeeper that a brand-new start-up company, you space responsible for keeping the graph of accounts u...

A: Ans of Ques 1When a brand-new company is from climate the an initial things i m sorry are essential for the objective o...


Q: Jaguar Ltd purchase a an equipment on 1 July 2016 at the price of $640,000. The maker is intended to ha...

A: Machine cost = $640,000Useful life (for the function of recording) = 5 yearsLife of the asset for t...


Q: Oslo company prepared the adhering to contribution layout income statement based upon a salesvolume the 1...

A: As per 2175forals.com guidelines when a college student asks much more than 3 subparts a solitary question climate the exper...


Q: How deserve to this be resolved ?

A: The details are provided of production company.Required 1. Contribution Margin Ratio 2. Operating...


Q: Choose only one answer as well as state their reasons/rationale for the answer chosen.5) testing wh...

A: The trouble relates come input regulate to verify whether every employee is payment at least theminimum wa...


Q: What is the purpose of the following control procedures (i.e., what threats is it designed come mitiga...

A: Control actions are designed with a see to avoid the frauds and also errors from emerging in the o...


Q: 1.How would certainly customer's NSF checks be dealt with in a financial institution reconciliation? a. Included to company’s book...

A: “Since you have asked multiple questions, we will resolve the first question for you. If you want any ...


Q: Please suggest which the the following are relevant costs for decision making. Additionally indicate if the...

A: Relevant cost is the cost that is thought about for the objectives of decision-making. Under the relevant...


Q: Over-applied overhead take place whenSelect one:O a. Actual expenses are much more than the complete amount the ov...

A: Over- applied overhead - together the surname itself argues that the overheads room over the is an ext than t...


Q: See firm financial data below: Income Statement(values in $) 2007 2008Sales 4,018 4,312COGS ...

A: Investing tasks are tasks that are regarded purchase and sale of addressed assets and also long t...


Q: Determine the largest possible total price recovery deduction because that 2020(BUT disregard BONUS DEPRECIATION...

A: A taxpayer might elect to price the cost of any kind of section 179 property and deduct it in the year the p...


Q: An analysis of comparative balance sheets, the current year’s revenue statement, and the general ledg...

A: Cash circulation statement is the statement prepared to display the circulation of cash in the entity during the give...


Q: Dividends every ShareImaging Inc., a developer of radiology equipment, has actually stock exceptional as follo...

A: Shares OutstandingCumulative desired 4% stock, $140 par - 18,000 sharesTotal preferred share cap...


Q: Which preventive, detective, and/or corrective controls would ideal mitigate the following threat, an...

A: The preventive controls made the monitoring follow up actions that protect the manage system fro...


Q: Which that the following has resulted in banks difficulty in estimating liquidity needs?A. Competition because that ...

A: It is the institution that encounters financial and also monetary transactions in the economy.


A: Preferred shares room noncumulative so any kind of arrear the dividends will not be paid in the next years. ...


Q: With finish solution

A: “Since you have asked lot of sub-parts, we will resolve the first three sub-parts for you. If girlfriend w...


Q: Mike. Inc has two commodities A and B. The budgeted fixed production overhead is $10,000. The depart...

A: Click to see the answer


Q: The accountant because that Marlin corporation has occurred the complying with information because that the company's defi...

A: “Since you have posted a question with multiple sub-parts, we will certainly solve an initial three subparts because that yo...


Q: nstruction were together follows:n 1, 2020.$600,000$1800,000$1800,000arch 31,2021. $1800,000$1200,00...

A: A...Weighted Average price Jan2 = Time in Month taken / full Month x price of asset ...


Q: You are an audit at sight assigned to a new customer which is noted on a share Exchange. Friend visite...

A: Audit:- an audit is thought about as the physics examination of books of accounts of a firm through...


Q: Following is details from Jesper firm for its early month the business. Credit Purchase...

A: Given that,Credit Purchases Cash PaidJan. 9Bailey Company$17,400 Jan.19Bailey Company...


Q: Can you help me through this inquiry Thank you

A: Closing entries means the entries to be made ~ above the closing of any particular duration . All revenue a...


Q: Distinguish between FOB Shipping allude and FOB Destination. Determine the freight state that will res...

A: The letters FOB means totally free On Board.That items that space placed totally free on plank the carrier by the sel...


Q: Five years ago, Carol and her mom each owned 50% that the share in alphabet Corporation. At that time, ABC...

A: The right choice is False


Q: How can this be cleared up ?

A: Formulas - Accounts receivables sales = Net credit sales / average accounts recievablesInventor...


Q: Oslo firm acc math solution

A: “Since you have posted a inquiry with many sub-parts, we will certainly solve first three subparts for yo...


Q: Acme Inc. Has actually the adhering to information available:Actual price paid for material$0.90Standard pri...

A: Note: together per the policy we are an alleged to deal with one concern at a time. You re welcome repost the more q...


Q: The Smith company has one machine on which that can develop either of 2 products. X and Y. Sales de...

A: Contribution advert to revenue left ~ deducting every direct prices from the sales revenue. The is ...


Q: Rock Corporation dispersed property through a fair industry value the $100,000 and an changed basis the ...

A: Property sector value = $100,000Adjustments = $70,000 earnings ...


Q: Please price the compelled part: Prepare all suggested journal entries because that 2020 and also 2021. Please ans...

A: Journal Entries:- journal Entries space the an initial step the recording business transactions in the accou...


Q: The amount of revenue that is foregone indigenous an alternate use of cash is calleda.sunk costb.di...

A: AnswerThe quantity of revenue the is foregone from different use of cash is called opportunity cos...


Q: At the finish of May, the sales newspaper of mountain View shows up as follows. Assume beginning inventory...

A: Journal Entry:It is provided to record the organization transactionsSales Journal:It is supplied to keep ...


Q: 5. Baritone firm counted and reported the finishing inventory ~ above December 31, 2016 at P2,000,000.No...

A: if products shipped FOB destination point seller has legal title on goods until items transferred come t...


Q: question 2 component a - Tina offered a paint on 1 July 2019 because that £500,000. She purchase the painting i...

A: “Since you have actually asked multiple questions, we will settle the an initial question because that you. If girlfriend want any kind of ...


Q: CAS company has network sales the $200,000, expense of products sold $120,000, and also operating costs of $50,00...

A: "Since you have actually asked many questions, us will fix only an initial question because that you. If you want any...


Q: Wasatch Corp, a genuine estate company, accounted for its permanent contracts utilizing the perfect contr...

A: building in process account is report on the asset ar of the balance sheet.


Q: A colleague of yours has been reviewing the second-quarter earnings statements for a number of compani...

A: ‘’Since you have asked many question, we will deal with the first question for you. If girlfriend want any ...


Q: Marx Supply offers a sales journal, a to buy journal, a cash receipts journal, a cash disbursements...

A: Journal entries: it is the duty of the accountant come record company economic and also non-economic trans...


Q: Which preventive, detective, and/or corrective controls would finest mitigate the complying with threat, an...

See more: Heart Tattoo On Nipple S: Everything You Should Know, I Wanna Tattoo My Nipples Into Hearts: Bodymods

A: A criminal remotely accessed a sensitive database making use of the authentication credentials (user id ...