FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following terms best identifies the function of standard costs where any deiation from standards can be quickly detected and respoesibility pinpointed so

image text in transcribed
Which of the following terms best identifies the function of standard costs where any deiation from standards can be quickly detected and respoesibility pinpointed so appeopriate action may be taken? O a. Standardized accounting system Ob.Contribution approach Oc Marginal costing O d. Management by exception

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance And Accounting For Business

Finance And Accounting For Business

Authors: Bob Ryan

1st Edition

9781861529930

More Books

Students also viewed these Accounting questions

Question

★★★★★
Consider the following pairs of observations: a. Construct a scatterplot of the data. b. Use the method of least squares to fit a straight line to the six data points. c. Graph the least squares line...

Answered: 1 week ago

Question

★★★★★
Find all solutions x of the given equation. 32 3.77 x + 2x = in R27

Answered: 1 week ago

Question

★★★★★
In the article Functional Brain Basis of Hypnotizability published in JAMA Archives of General Psychiatry (Hoeft, et al., 2012 ), the authors reported the results of a study on hypnotic induction...

Answered: 1 week ago

Question

★★★★★
On January 1, 2017, Schipper Ltd. had the following shareholders' equity accounts: Common shares (1,000,000 issued)......................$1,500,000 Retained...

Answered: 1 week ago

Question

★★★★★
que o 10 od 11.ysbus 0004 to 37 The average rate at which energy is conducted outward through the ground surface in North America is 54.0 mW/m, and the average thermal conductivity of the...

Answered: 1 week ago

Question

★★★★★
what is the cash flow

Answered: 1 week ago

Question

★★★★★
Claims from a portfolio are believed to have a Pareto (a,A) distribution. In Year 0, a=6 and 2=1,000. An excess of loss reinsurance arrangement is in force, with a retention limit of 500. Inflation...

Answered: 1 week ago

Question

★★★★★
Part B: Three masses, x, y, and z, are to rotate in the same plane at the same angular velocity. Their masses and radii from the centre of rotation are: 9 kg at 400 mm radius, 10 kg at 350mm, and at...

Answered: 1 week ago

Question

★★★★★
Submit a case analysis a Public Sector Human Resource Management Issue. On hiring process challenges include the following: History and background of the Public Service Human Resource Management...

Answered: 1 week ago

Question

★★★★★
Write an asset acquisition request The first part of the request is a short financial report on the caf's assets. Summarise the assets' worth and condition You are then required to develop a plan for...

Answered: 1 week ago

Question

★★★★★
An information-technology based company wants to forecast the units of computer required for next month. So, it summoned a weekly committee to estimate the orders for the previous twelve months and...

Answered: 1 week ago

Question

★★★★★
Imagine you are working for a consulting firm and have been hired by MSW Tech to help implement the MCOD process. Where do you think MSW is on organization readiness? At which stage on the MCOD...

Answered: 1 week ago

Question

★★★★★
Refer to Table 31.1. Which of the employee quotes illustrates access discrimination? Which illustrates treatment discrimination?

Answered: 1 week ago

Question

★★★★★
Discuss the strengths and weaknesses MSW Tech has displayed when it comes to avoiding discrimination, managing, and valuing diversity.

Answered: 1 week ago

Previous Question Next Question