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Please answer all the questions 1. Which of the following is not a bencfit of budgeting? A. It uncovers potential bottlenecks before they occur. B.

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Please answer all the questions

1. Which of the following is not a bencfit of budgeting? A. It uncovers potential bottlenecks before they occur. B. It coordinates the activities of the entire organization by integrating the plans and objectives of the various departments. at accounting records comply with generally accepted accounting principles D. lt provides benchmarks for evaluating subsequent performance. 2. , Andy is trying to decide which one of two job offers he will accept. Several items of discussion Andy believes are important to his decision are presented below: Job Offer (A) Job Offer (B) (1) Base Salary (2) Overtime Compensation Comp (3) Moving Allowance (4) Signing Bonus (5) Job search costs that were $300 $50,000 . Time Hourly Rate $3,000 $O $500 $3,000 incurred 6 Distance to work 15 mi. I mi. Select the information items that are relevant to Andy's decision. 3. A Relevant Cost is a variable Cost A. True B. False 4. U.S. GAAP requires that cross functional management teams (purchasing, production, accounting, etc) work together to set standards for price, quantity, hours, rates, etc. in order for companies to produce a set of practical standards when evaluating results. A. True B. False

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