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Mama L [17]
2 years ago
7

Which of the following is not part of the flow of events in variance analysis: Multiple Choice

Business
1 answer:
IrinaK [193]2 years ago
3 0

Answer: a.Working to ensure that all variances are favorable.

Explanation:

Variance Analysis is an analysis of the difference between planned and actual numbers. For example of $599 was budgeted for bills but only $500 was paid, $99 would be the Variance.

Summing Variances up gives a picture of performance for a particular period of time in relation to if one has OVER -PERFORMED or UNDER-PERFORMED

The following are steps in Effective Variance Analysis Management

1. Identifying questions and their explanations

2. Preparing standard cost performance reports

3. Taking corrective and strategic actions

4. Computing and analyzing variances.

Option A is not included therefore it is the correct option.

If you require any further clarification do react or comment.

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A publisher receives cash for a magazine subscription during Year 1. The publisher sends magazines on a monthly basis to that cu
lawyer [7]

Answer:

FALSE

Explanation:

The revenue recognition principle state the firm will only reocgnize a revenu once the sercvice is performed. in this case the revenu should be recognize over time after each magazine is delivered or through adjusting entries at year-end or quarter-end. Never entirely as this represent an obligation to delivwer this magazines or return the money. It isn't revenue. It is a liability which becomes revenue over time.

8 0
2 years ago
In a business environment, persuasion is critical to success. Persuasion is necessary when you anticipate resistance or when you
wariber [46]

Answer:

The correct answers are:  

(C) Anticipate objections: A person who persuades correctly and with ethics can anticipate the objections or doubts that people who are subject to persuasion have in order to effectively answer any questions they may have and  be able to make the deal effective.

(D) It generates interest: It generates interest because at that time it usually creates a need for the person who does not have or who mainly does not know he does not have.  

(E) Ask for a particular and easy action to take: In general, persuasion, as it is a created need, is easier to create small and easy-to-execute actions so that persuasion work is effective because if the person who is doing the work does it with larger actions, it is likely that it will not capture the attention of the person with whom it is being done, emphasizing that these actions should always be done considering the ethical principles of a company and society.

6 0
2 years ago
The following data represent the probability distribution of the holding period returns for an investment in Lazy Rapids Kayaks
Brut [27]

Answer:

<u></u>

  • <u>17.5%</u>

Explanation:

The <em>expected return</em> is the weighted average of the expected returns in each scenario by its respective probability.

The <em>distribution of the holding period returns </em>(HPR) under three different scenarios is:

State of the economy    Scenario #(s)     Probability, p(s)    HPR

HPR Boom                         1                            0.336              28.40%

Normal growth                  2                           0.414                7.90%

Recession                          3                           0.25                18.90%

The calculations are:

        E(HPR) = 0.336\times 28.40\%+0.414\times 7.90\%+0.25\times 18.90\%

        E(HPR)=17.5\%

6 0
2 years ago
Assume that demand for bottled water is relatively price elastic. An increase in supply of bottled water will result in which of
DENIUS [597]

Answer:

3 then 1

Explanation:

Supply is said to be increased when the quantity supplied expands but the price and quantity demanded remains unchanged. As quantity supplied has increased whereas the quantity demanded is what it was before this change, there is first a surplus of bottled water in the market. This surplus will have a downward pressure on price, reducing the quantity supplied a bit and, as the law of demand suggests ,the quantity demanded will increase. Given that the demand is relatively price elastic, the change in quantity demanded will be greater than the change in price. Therefore the revenue will increase.

3 0
2 years ago
Jordan leases a BMW from a local car dealership. The dealer informs her that the loan amount is not for the ___A___. Instead, sh
olchik [2.2K]
Part a .) Reassessed Price pt b <span>A.) Commercial Value

</span>
8 0
2 years ago
Read 2 more answers
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