Which of the following statements regarding the differences between managerial accounting applications for manufacturing and service companies is not true?

a. Overhead is an indirect cost incurred in serving customers in a service company.
b. Labor may be a direct cost to customers for a service firm.
c. Service companies require a physical production site.
d. Service companies may use cost of services on the income statement rather than cost of goods sold.

Answers

Answer 1

Answer:

Option C) Service companies require a physical production site is not a true statement.

Explanation:

Service companies require a physical production site is not a true statement.This is because service companies are engaged in providing service to their customers/clients.Providing services does not require a physical production site, because no production is generally involved in relation to the rendering of the services.

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Related Questions

Decide if each would be considered an annuity or not an annuity. a. $1000 cash received in year 1 then $1200 cash received in year 2 then $1500 cash received in year 3 b. $200 paid each month for 12 months

Answers

Sorry I don’t get it??

Can someone help me please this is only the last question. The subject is Accounting.​

Answers

Explanation:

The answer is A because We paid a creditor 60 by cheque because if we pay by cheque our back reduces and our creditors reduce.

What do you mean by veterinarian ? write his/her works

Answers

Answer:

A veterinarian is a medical professional who protects the health and well-being of both animals and people. They diagnose and control animal diseases and treat sick and injured animals. They also advise owners on proper care of their pets and livestock.

STION 2: HUMAN RIGHTS Read the scenario below and answer the questions that follow MOKAKIOA CONSTRUCTIONS LIMITED (MCL) Mokakioa Constructions Limited is a large company that has hired many employee ensures that there is an open communication channel between senior managem employees Employees are allowed to join a trade union of their choice. 2 11 Identify TWO human rights that MCL promotes Motivate your answer by quoting from the scenario above ​

Answers

The company's decision to allow "open communication channel between senior management employees" and "join a trade union of their choice" promotes the two human rights of freedom to express and freedom to make choices.

Human rights are the basic rights that everyone has and can assert to prevent oneself from discrimination. The rights may differ from place to place, depending on the circumstances involved.

Human rights in the workplace refer to the rights of workers. Such rights may include the right to freedom of expression, right to strike against bad working conditions, right to equal pay, right against sexual harassment, or be it right religious freedom, among others. In the case of Mokakioa Constructions Limited (MCL), the employees are given two basic human rights through the "open communication channel" and freedom "to join a trade union of their choice". By giving their workers the right to do these two, the company ensures that the workers are given the freedom to do what works best for them and not make them act against their will.

Human rights at the workplace cover a series of rights that workers have to ensure they are protected. And in that regard, MCL's open channel of communication and freedom to join a trade union of their choice promotes human rights.

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Team members who have the right set of skills needed to get the job done are demonstrating what ?

Answers

Team members who have the right set of skills needed to get the job done are demonstrating competency.

Competency refers to the ability to get things done. In other words, when someone can do a particular thing/work efficiently, then he/she is demonstrating competency.

Competency is a necessary skill for any person hoping or desirous of working in a company.Moreover, working in teams is one aspect of a business or corporate working environment.And in this aspect, if a person exhibits all the right set of skills that are required to do the job right, he or she is displaying a competent nature. In other words, we can say that the person possesses the ability to get things done in an efficient manner.

Thus, when a person exhibits all the required skills to finish a job, that too efficiently, then that person is said to be demonstrating competency. This means that the person possesses all the necessary skills and expertise that the work or job requires.

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Why is international employment important? How does it help for economic development of the country? classify​

Answers

Explanation:

Going from one country to another country for job and to earn money is called foreign employment. People of Nepal go to different countries of the world for jobs and earn.

The important of foreign employment are :

Country can get lots of foreign currency as the remittance which can be establish industries in the country. Foreign employment reduces the unemployment problem of a country.

I hop it will help you so.

You have been hired as a consultant to Freedom Inc. a consumer-focused financial institution intending to enter the Ghanaian market. Critically analyse what factors you shall consider in advising Freedom Inc. on how it should set its lending interest rates, accounts commissions, fees & charges

Answers

Everywhere in the world the lending rates, account commissions, fees, and charges that financial institutions fix are determined chiefly by two factors:

The rules, policies, regulations, and rates of the Central Bank; and the market position of the competition.

a.  

Central Banks or the Federal Reserve Bank (as it is called in the United States of  America are the chief administrators of interest rates. This is no different in Ghana. By policy, the Central Bank fixes what is referred to as discount rates. When commercial banks in Ghana go to the Central Bank to borrow funds, it usually comes at a particular interest rate known as the discount rate. Commercial banks, in turn, lend these funds to their customers at a rate that is higher but NOT LOWER than the Federal Reserve Bank's discount rate. Banks make a profit when they take up these funds at a lower rate than the Federal Reserve Bank and lend it to customers at a higher rate. Banks also borrow funds from customer deposits. They borrow from these deposits and give loans to other customers. They also turn a profit when the rate at which they borrow from customer deposits is higher than the rate at which such funds are paid back to them by the borrowers. This net difference (profit to the bank) is called Net Interest Margin. Therefore, in setting lending rates, the discount rate of the Central Bank must be factored into consideration.

b.

So banks can arbitrarily charge any rate above the central bank's discount rates, that they can lend funds to consumers. However, they must take into consideration the actions of other banks. If other banks are giving out loans are a 5% margin above the Central Bank's discount rate, to fix a higher margin may translate to not being able to get customers at all to take up their loans.

c.

Commercial banks must also take into consideration the Central Banks reserve requirements.

In simple terms, Reserve Requirements is the mandatory percentage of its cash that a commercial bank or financial institution must keep with the Federal Reserve Bank.  

This requirement and the discount rate are collectively called Monetary Policy tools. The higher the reserve, the lower the amount of cash available for lending by the financial institution.

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9. The manager of a fast food franchise will establish
hamburgers to cook each hour.
A. tactical strategies
B. tactical plans
C. operational plans
D. strategic plans


10. Companies with centralized Anthority systems typically requires multiple layers of management and have Organizational structures.

A. Tall
B. Flexible
C. Broad
D. Flat

Answers

Answer:

I think answer this onlyOrganizational

Answer:

C, A

Explanation:

9. Operaional plans

10. Tall

In CengageNOWv2, you may move, re-size, and rearrange panels in those assignments that use multiple panels.
A. True
B. False

Answers

The CengageNOWv2 is an online educational tool that offers more control over time and generates better performance for children.

It is an integrated learning management system that allows you to access your tasks, resources, and grades 24/7.Users may study at their speed with online learning methods or within a timetable given by the instructor.It is used to display the use of several panels that could be moved, resized, and arranged.

That's why the final answer is "Option A".

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In Cuba, a bureaucratic committee makes the production decisions for the country's firms and factories. Therefore, Cuba is an example of a: _________.
A. centralized economy.
B. capitalist economy.
C mixed economy.
D. pure free-market economy.

Answers

Answer:

A

Explanation:

This is because in a centrally planned economy, a central bureaucracy makes all decision concerning what to produce, how to produce it, how much to produce and who gets it.. The government owns land, capital and in a sense; as well as labor.

Nhận định: Người đại diện theo pháp luật của doanh nghiệp phải cư trú tại Việt Nam đúng hay sai?

Answers

Answer:

Xin hỏi người đại diện theo pháp luật của công ty tô icó bắt buộc cư trú tại Việt Nam hay không? Trả lời: Công ty Luật TNHH SB LAW cảm ơn bạn đã quan tâm đến ...

which one of the following alternatives reprsents a source of stress in the work place?
A) Absence from work
B) alcohol or other substance abuse
C) conflict
D) complex raskss

Answers

Answer:

option a

Explanation:

absence from work is a stress because we should to do the two days work

importance of prospectus​

Answers

Explanation:

The prospectus provides a reliable place for investors to track down the various fees that are attached to owning shares of the fund, such as the amount of the management fee.

Your company needs to cut costs. As the VP of Operations you have been tasked with cutting a middle management position from one of four areas (A, B, C, D, E) which will increase the span of management for the remaining managers in that area. Each area has four managers. Which area would be the best place to cut a manager

Answers

mkekeje

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Area C has the lowest span of management, with 3 subordinates per manager, so it would be the best place to cut a manager.

Your company needs to cut costs. As the VP of Operations, you have been tasked with cutting a middle management position from one of four areas (A, B, C, D, E) which will increase the span of management for the remaining managers in that area.

The best area to cut a manager would be the area with the lowest span of management. This means that the area with the fewest subordinates per manager.

The lower the span of management, the less impact the loss of one manager will have on the overall productivity of the area.

To determine which area has the lowest span of management, we can calculate the span of management for each area.

The span of management is calculated by dividing the number of subordinates by the number of managers. So, for example, if an area has 16 subordinates and 4 managers, the span of management would be 4.

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Name any FIVE diversity issues that affect the farm manufacturing​

Answers

Answer:

not be dismissed against any manufacturer because of market-share liability

Letang Industrial Systems Company (LISC) is trying to decide between two different conveyor belt systems. System A costs $270,000, has a four-year life, and requires $77,000 in pretax annual operating costs. System B costs $350,000, has a six-year life, and requires $71,000 in pretax annual operating costs. Suppose the company always needs a conveyor belt system; when one wears out, it must be replaced. Assume the tax rate is 21 percent and the discount rate is 8 percent. Calculate the EAC for both conveyor belt systems. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Which conveyor belt system should the firm choose

Answers

Answer:

System B

Explanation:

Both projects only have costs associated with them, not sales, so we will use these to calculate the NPV of each project. Using the tax shield approach to calculate the OCF, the NPV of System A is:

OCFA = −$76,000(1 − .35) + .35($244,000 / 4)

OCFA = −$28,050.00

NPVA = −$244,000 − $28,050.00(PVIFA10%,4)

NPVA = −$332,914.73

And the NPV of System B is:

OCFB = −$70,000(1 − .35) + .35($342,000 / 6)

OCFB = −$25,550.00

NPVB = −$342,000 − $25,550.00(PVIFA10%,6)

NPVB = −$453,276.91

If the equipment will be replaced at the end of its useful life, the correct capital budgeting technique is EAC. Using the above NPVs, the EAC for each system is:

EACA = -$332,914.73 / (PVIFA10%,4)

EACA = -$105,024.88

EACB = - $453,276.91 / (PVIFA10%,6)

EACB = -$104,075.72

If the conveyor belt system will be continually replaced, we should choose System B since it has the more positive EAC.

How legislation can lead to the success and failure of a company​

Answers

The principle difference between a personal liability company and a private company is that directors of a personal liability company, as well as previous directors, can be held responsible for the debts of the company. However, the owner of a personal liability company is considered separate from the company.

Americans spend the largest portion of their budget on
a. entertainment
b. housing
c. transportation
d. food
Please select the best answer from the choices provided
Ο Α
ОВ
OD

Answers

B Answer

American spending larges portion in housing to live in rent are very high of living each each year up up 3 present of rent.

What is Operation Management?
Explain objectives of Operation Management.

Answers

Answer:

The goal of operations management is to maximize efficiency while producing goods and services that effectively fulfill customer needs. ... Operations decisions include decisions that are strategic in nature, meaning that they have long-term consequences and often involve a great deal of expense and resource commitments.

which of the following statements about professionalism is true ​

Answers

Answer:

Where are the questions????

An isocost line reveals the Group of answer choices input combinations that can be purchased with a given outlay of funds. output combinations that can be produced with a given outlay of funds. costs of inputs needed to produce along an expansion path. costs of inputs needed to produce along an isoquant.

Answers

Answer:

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What are new guidelines issued by GAAP for consolidating entities

Answers

Consolidation Rules Under GAAP

The general rule requires consolidation of financial statements when one company’s ownership interest in a business provides it with A MAJORITY OF the voting power- meaning it controls more then 50% of the voting shares

sơ đồ nhân sự của nhà hàng

Answers

Answer:

Science

Explanation:

Multiple choice Questions about the statement u write

Select the statement below that best defines prepaid accounts. Multiple choice question. Prepaid accounts reflect a company's cash balance and include currency, coins and money orders. Prepaid accounts are liabilities that are due within a specified time period. Prepaid accounts are expenses and are increased with a credit. Prepaid accounts are assets that represent prepayments of future expenses.

Answers

The statement related to the prepaid account " It is the asset that shows advance payment for the future expense" is correct.

The information related to the prepaid account is as follows:

It is the account that shows in the current asset side of the balance sheet.It is an advance payment for future expenses.It contains the normal debit balance.Neither it is a liability nor an expense account.

Therefore we can conclude that The statement related to the prepaid account " It is the asset that shows advance payment for the future expense" is correct.

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61.
Write 'T' against a true statement and 'F' against a false
Sharing or exchanging information, ideas and experien
means communication.
62.
63.
The process of communication may not always contain am
Feedback is one of the elements of the process of commun
A traffic police showing a stop sign to the public is a proce
64.
65
Oral communication is a form of non-verbal communication

Answers

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A systems analysis includes a ________ that is used to determine whether the solution is achievable from a financial, technical, and organizational standpoint.

Answers

The feasible study should be applied for measuring whether the solution should be accomplished from the financial, technical & organizational viewpoint.

The following information related to the system analysis is:

It is the process where an individual studies the system so that the information system could be analyzed & evaluated. The projects related to the system analysis should be started for three types of reasons i.e. issues, opportunities & directions.

Therefore we can conclude that The feasible study should be applied for measuring whether the solution should be accomplished from the financial, technical & organizational viewpoint.

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How is economics a science?

Answers

Answer:

Economics is the scientific study of the ownership, use, and exchange of scarce resources – often shortened to the science of scarcity. Economics is regarded as a social science because it uses scientific methods to build theories that can help explain the behaviour of individuals, groups and organisations.

Identity three areas in our daily lives that would benefit from the study of communication Use specific examples from the site.

Answers

Answer:

school

private

University

Do you imagine yourself becoming an entrepreneurship and managing your business in the future?

Answers

Answer:

please mark me brainliest

Explanation:

As a founder of a startup an individual needs to put an innovative idea to implementation by putting together a cohesive team. Entrepreneurs who have an existing family business, become second/ third generation entrepreneurs and take their existing businesses to greater heights.

Answer:

yes

Explanation:

Consumers usually want to shop for milk, meat, vegetables, and fruits at one convenient location. Grocery stores that offer all of these products help to alleviate this: ________

a. discrepancy of quantity
b. accumulation deficit
c. sorting error
d. discrepancy of assortment
e. bulk-breaking

Answers

Answer:

the answer is"accumulation deficit"

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