It has been stated that the results worked out from the costing records and those worked out
Question:
It has been stated that the results worked out from the costing records and those worked out from the financial accounts may not necessarily agree. Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
The difference between results obtained from costing records and financial accounts can be attributed to several factors and its important to understand that these two sets of records serve different ...View the full answer
Answered By
User l_973071
I have a Bachelor of Science degree with a focus on biological, social, and mathematical fields. Throughout my academic journey, I have gained valuable knowledge and practical experience in these areas, enabling me to develop a well-rounded understanding of the subjects.
In the field of biology, my education has equipped me with a strong foundation in various sub-disciplines, such as molecular biology, genetics, physiology, and ecology. I have gained hands-on experience in laboratory techniques, data analysis, and scientific research methods. This has allowed me to explore the intricacies of the biological world, from the microscopic level of cells to the broader ecosystem dynamics.
Regarding social sciences, my coursework has encompassed subjects like psychology, sociology, and anthropology. I have delved into the complexities of human behavior, societal structures, and cultural influences. This multidisciplinary approach has broadened my perspective on how individuals and communities function, interact, and shape the world around them.
Mathematics has been an integral part of my academic journey as well. Through my studies, I have developed a solid understanding of various mathematical concepts, including calculus, statistics, and algebra. I have honed my problem-solving skills and analytical thinking, which are essential in tackling complex mathematical and scientific challenges.
In addition to my formal education, I have also gained tutoring experience in these fields. I have worked as a tutor, assisting students with their coursework, assignments, and exam preparation. This experience has allowed me to effectively communicate complex concepts in a clear and concise manner, adapting my teaching style to suit the needs of each student. I find great satisfaction in helping others understand and appreciate the subjects I am passionate about.
Overall, my education and tutoring experience in the biological, social, and mathematical fields have shaped me into a knowledgeable and versatile individual. I am eager to continue expanding my expertise in these areas, while also sharing my knowledge with others to foster a deeper understanding and appreciation of the sciences.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Ruby works in the treasury department of a large airline company. Over the coming months the airline company expects to increase flights as countries continue to ease travel restrictions. Ruby and...
-
Organizations stake out different strategic positions to add value and achieve success. Some strive to be low-cost leaders like Wal-Mart, while others become the high-end quality leaders like Whole...
-
What do you see as the future of benchmarking and value improvement at Coastal Medical Center? LO6
-
Describe an immature organization. AppendixLO1
-
1. To compute the price elasticity of demand, we divide the percentage change in_______ by the percentage change in _______and then take the _______value of the ratio. 2. If a 10 percent increase in...
-
Compare Starbcuks beta results to the beta listed on Yahoo Finance Look up the current risk-free rate (use one-year treasury rates) and any bond yield and tax rate data for Starbucks. If you cant...
-
Peru Furniture City, Inc., sold $88,000 of furniture in May to customers who used their American Express Credit Cards. Such sales are subject to a 5% discount by American Express (a nonbank credit...
-
During the year a companys profits have been estimated from the costing system to be Rs. 46,126, whereas the financial accounts audited by the auditors disclose a profit of Rs. 33,248. Given the...
-
The following figure are available from financial accounts for the year ending 31st March, 2002: Factory overhead recovered at 20% on prime cost. Administration overhead at Rs. 3 per unit of...
-
Compute the z-score corresponding to each of the following values of x: a. x = 40, s = 5, i = 30 b. x = 90, p = 89, u = 2 c. p = 50, a = 5, x = 50 d. s = 4, x = 20, T = 30 e. In parts a-d, state...
-
2 4. A rod of length 2 cm makes an angle rad with the principal axis of a thin convex lens. The lens has a focal 3 40 3 cm from the object as shown in the figure. The height of the length of 10 cm...
-
7. Consider an LC circuit, with inductance L = 0.1 H and capacitance C = 103 F, kept on a plane. The area of the circuit is 1 m. It is placed in a constant magnetic field of strength Bo which is...
-
Beach 10. The figure shows a circuit having eight resistances of 10 each, labelled R1 to R8, and two ideal batteries with voltages & = 12 V and 2 = 6 V. 1 R B1 Rs R R Which of the following...
-
12. Three plane mirrors form an equilateral triangle with each side of length L. There is a small hole at a distance /> O from one of the corners as shown in the figure. A ray of light is passed...
-
15. A small circular loop of area A and resistance R is fixed on a horizontal xy-plane with the center of the loop always on the axis of a long solenoid. The solenoid has m turns per unit length and...
-
"The largest change is from zero to one." Does this statement have anything to do with relative growth rates in poorer versus richer countries?
-
6 (a) Briefly develop a mathematical model of the behaviour of a copper-twisted pair cable (b) Derive the magnetic energy from: w given that: K + w, where the - - k symbols have their usual meaning...
-
Weighted-average method, assigning costs (continuation of 17-19). For the data in Exercise 17-19, summarize total costs to account for, calculate cost per equivalent unit for direct materials and...
-
FIFO method, equivalent units. Refer to the information in Exercise 17-19. Suppose the Assembly Division at Fenton Watches, Inc., uses the FIFD method of process costing instead of the...
-
FIFO method, equivalent units. Refer to the information in Exercise 17-19. Suppose the Assembly Division at Fenton Watches, Inc., uses the FIFD method of process costing instead of the...
-
Construction of consumer price index number for the given goods and services. Item Weight in % Base period price Current period price Food 35 150 145 Fuel 10 25 23 Cloth 20 75 65 Rent 15 30 30 Misc....
-
Gammaro Corporation has found that 80% of its sales in any given month are credit sales, while the remainder are cash sales of the credit sales, Gammaro Corporation has experienced the following...
-
Swifty Company estimates that 2022 sales will be $43,200 in quarter 1,$51,840 in quarter 2 , and $62,640 in quarter 3 , Cost of goods sold is 50% of sales. Management desires to have ending...
Study smarter with the SolutionInn App