Since all costs of operating a business are controllable, what is the significance of the term noncontrollable

Question:

Since all costs of operating a business are controllable, what is the significance of the term noncontrollable cost?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial And Managerial Accounting

ISBN: 9781337119207

14th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

See More Books

Question Posted: May 23, 2012 06:19 AM

See More Questions

What is the significance of the term endogenous in endogenous growth theory? What, according to this theory, determines the long-run rate of economic growth?
What is the significance of the term material participation? Why is the extent of a taxpayer's participation in an activity important in determining whether a loss from the activity is deductible or...
What is the significance of a business succession plan?
Which of the following is characteristic of a traditional cost system? a. Reliance on financial performance measures b. Many work in process account transactions c. Many process control points d. All...
Edmund Corporation recently made a large investment to upgrade its technology. Although these improvements won't have much of an impact on performance in the short run, they are expected to reduce...
Find vo(t), t > 0 in the network infigure. +, +. 2u(t) A ( tu(t) A w- vo(1)
Consider the multiple linear regression model \[ y=\beta_{0}+\beta_{1} x_{1}+\beta_{2} x_{2}+\beta_{3} x_{3}+\beta_{4} x_{4}+\varepsilon \] Using the procedure for testing a general linear...
Accounting for Research and Development Costs Cuevas Co. is in the process of developing a revolutionary new product. A new division of the company was formed to develop, manufacture, and market this...
A company determines that monthly sales S(t), in thousands of dollars, after t months of marketing a product is given by S(t) = 23-551 + 230t+ 160. a) Find S'(1), S'(2), and S'(4). b) Find S''(1),...
Derive the given identity that relates S12 to Y-parameters for a 2-port microwave network. State all assumptions and show your work in detail. 2Y,Y Y,Y1 - (Y+ Y1)Y,+ Y)
If the quantity of the ending inventory is larger than that of the beginning inventory will the amount of income from operations determined by absorption costing be more than or less than the amount...
Discuss how financial data prepared on the basis of variable costing can assist management in the development of short-run pricing policies.
Describe the airtight drywall alternative to a VDR.
Why is it difficult to addresses a variety of readers who have different perspectives from those of the writer? What specific actions should you take to lessen or eliminate this issue?
According to lecture, our visual perception is strongly based on our own life experiences. This makes me wonder, how can we become more aware of our own visual perceptions of the world? Further, what...
Determine whether the following arguments are inductive or deductive. If an argument is inductive, determine whether it is strong or weak. If it is deductive, determine whether it is valid or...
Instructions You are to complete a ten page, typed, double-spaced essay on one of the following: Gender Differences in Communication The paper should include relevant research on your topic. You...
Heterogeneous reactions between gas and solid catalysts will be done to produce syngas. There are 3 kinds of reactors used to get syngas, namely Fluidized Bed, Fixed Bed, and Fix Bed Multi Tube....
State the legal requirements of making provisions for non-performing assets.
The graph of an equation is given. (a) Find the intercepts. (b) Indicate whether the graph is symmetric with respect to the x-axis, the y-axis, or the origin. -3 6 -6 3 x
Compute the length of the curve traced by r(t) over the given interval. r(t) = (1,413/2, 213/2), 0t3
Alvarez Manufacturing Inc. is a job shop. The management of Alvarez Manufacturing Inc. uses the cost information from the job sheets to assess cost performance. Information on the total cost, product...
Alvarez Manufacturing Inc. is a job shop. The management of Alvarez Manufacturing Inc. uses the cost information from the job sheets to assess cost performance. Information on the total cost, product...
Raneri Trophies Inc. uses a job order cost system for determining the cost to manufacture award products (plaques and trophies). Among the company's products is an engraved plaque that is awarded to...
Using two-way Set-Associative mapping method, design two-way mapping for cache memory from main memory. Explain why you need each condition and show all intermediate calculation procedures. You must...
18) Under the proration approach, the sum of the amounts shown in the subsidiary ledgers will not match the amounts shown in the general ledger because no adjustments from budgeted to actual...
Simpson Auto Body Repair purchased $20,000 of Machinery. The company paid $8,000 in cash at the time of the purchase and signed a promissory note for the remainder to be paid in four monthly...

Since all costs of operating a business are controllable, what is the significance of the term noncontrollable

Question:

Step by Step Answer:

All costs are controllable by someone within ...View the full answer

Financial And Managerial Accounting

Students also viewed these Managerial Accounting questions