Controls are only as good as the predetermined standard on which they are based. Discuss the preceding
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (13 reviews)
If the standards are unrealistic or outdated then variances will be repor...View the full answer
Answered By
Hillary Waliaulah
As a tutor, I am that experienced with over 5 years. With this, I am capable of handling a variety of subjects.
5.00+
17+ Reviews
30+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Discuss disaggregating an aggregate service plan, and give an example of it in an organization such as a hospital.
-
Explain and give an example as to how a manager can manipulate the return on investment figure in the short run. Why are these manipulations bad for the company in the long run? Suggest some...
-
1. Define opportunity cost and give an example of how opportunity costs might affect your financial decision making. 2. Explain and give an example of how marginal analysis makes some financial...
-
Solve the equation symbolically. Then solve the related inequality. |2.1x0.7| = 2.4, 2.1x -0.7 2.4
-
The electric field in a microwave traveling through air has amplitude 0.60 mV / m and frequency 30 GHz. Find the amplitude and frequency of the magnetic field.
-
sterbro AS cans peaches for sale to food distributors. All costs are classified as either manufacturing or marketing. sterbro prepares monthly budgets. The March 2022 budgeted absorption-costing...
-
Find the response of a simple pendulum numerically by solving the exact equation: \[\ddot{\theta}+\frac{g}{l} \sin \theta=0\] with \(\frac{g}{l}=0.01\) and plot the response, \(\theta(t)\), for \(0...
-
Helix Corporation produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the...
-
Describe the process of handling hardware interrupts in the kernel. How does context switching impact system performance, and what mechanisms do kernels use to minimize the overhead associated with...
-
1. Describe the elements of the value proposition for the manufacturer-members of CoLinx. What would be the elements of the value proposition for the distributors of products that are shipped from...
-
Discuss the benefits that may be realized in switching from a computerized batch processing system to a direct access storage system. Also, discuss any additional control implications.
-
Discuss three audit implications of XBRL.
-
In Problems, graph each function. y = (4/5) x
-
How is the business plan related to strategic planning?
-
What services does an underwriter provide for a company that employs the underwriter to facilitate going public? What factors influence an issuing firms choice of underwriter?
-
How does a firm commitment offering differ from a best-efforts offering? A rights offering? How does an OpenIPO differ from a traditional bookbuilt IPO?
-
Explain what underpricing is and review the various explanations for why it might occur. How does underpricing figure into the cost of going public?
-
Explain why harvesting is an important consideration when the initial decision to invest in a venture is made. How might harvesting be factored into the deal structure and the valuation? Provide...
-
Some light bulbs use a glowing filament, others use a fluorescent gas. If you consider a light bulb a Java object with an illuminate method, would you need to know which kind of bulb it is?
-
Use critical values to test the null hypothesis H0: 1 2 = 20 versus the alternative hypothesis H0: 1 2 20 by setting a equal to .10, .05, .01, and .001. How much evidence is there that the...
-
Which of these assignments are valid? Select the four correct answers. (a) short s = 12; (b) long l = 012; (c) int other = (int) true; (d) float f = -123; (e) double d = 0x12345678;
-
Which of the following is NOT a purpose of the transaction processing system? a. managing and reporting on the status of financial investments b. converting economic events into financial...
-
The following are subsystems of the accounting information system, EXCEPT the a. transaction processing system b. human resources system. c. general ledger/financial reporting system. d. management...
-
Which of the following is NOT a financial transaction? a. purchase of products b. cash receipts c. update valid vendor file d. sale of inventory
-
Use the graph above to answer the following question. If the price is set to $3, what is the producer surplus in the market? Note: enter answer with only numerical values and round up to the nearest...
-
How could your cultural models influence your ability to learn your students' funds of knowledge and utilize those funds? How could you or will you address this?
-
Bella deposits $300 per month into an account paying 6% nominal interest compounded monthly for 3 years, to be used to purchase a car. Which equation should she use to compute the price of the most...
Study smarter with the SolutionInn App