Practice Question 25 Which one of the following is an effective method of evaluating a cost center? Compare actual total costs with flexible budget data. Compare actual controllable costs with static budget data. Compare actual controllable costs with flexible budget data. Compare the actual profit generated with expected profit.

Answer:

C). Compare actual controllable costs with flexible budget data.

Explanation:

The Cost center is very crucial to be determined by an organization as it indirectly bestows its profitability. It is usually calculated by comparing the actual cost generated by the department to the expectations as per the budgeted cost. Thus, the most constructive method to evaluate a cost center would be the 'comparison between the actual controllable costs and the flexible budget data' as it helps in assessing the actual expense incurred during the year and whether it is lesser or greater than the cost estimated in the budget. Hence, option C is the correct answer.

If someone runs a red light in front of you, and you choose NOT to slow
down or steer away, you will
A. not be at fault if there is a collision
B. be partially at fault if there is a collision
C. have to appear in court if there is a collision
D. probably not be involved in a collision

What can you do to ensure guest and
team member safety?

What would you do if you do not have an
item a guest is requesting?

Which term defines a method of social control that encourages a person to adhere to rules, laws, and societal norms? A method of social control that encourages a person to adhere to established rules, laws, and societal norms is called a _______________________ .

How would you illustrate the impact of a rise in cost of production in a free market economy on both the equilibrium price and the equilibrium quantity using a diagram

8 Time Left:112:35
Which one of the following duties is management's responsibility to ensure food safety?
The elimination of critical control points
The business practices of other restaurants
• Treatment of food-borne illnesses
Preventing infected employees from contaminating food

Aryn is a music fan, and she enjoys learning about how speakers and sound systems are wired. She is reading books about electrical circuits, and she has decided she would like to work as an electrician on construction projects to help build new homes. However, she does not want to go to school for very long after finishing high school. What type of training would best prepare Aryn for working in construction without needing many years in school? an apprenticeship done on the job a bachelor’s degree in engineering a physics class during her last year of high school an after-school program about power tools

mention the major jobs of pharmacist​

If a customer appears to be unsure about
purchasing an item, what would you do?

U.S. corporation Wright Air Conditions borrows funds to build a factory in the US and a factory in Mexico. Borrowing for factories in which location(s) is included in the U.S. demand for loanable
funds?
O only the U.S.
O only Mexico
O Mexico and the U.S.
O neither Mexico nor the U.S.

Help Pls ASAP
What does a clear career goal help you do?

find the career you want

quickly eliminate careers you do not want

target your information searches

all of the above

8. Which of the following statements shows the mind of
a fool when it comes to credit cards?
Check all the answers that may apply:
You get six credit card offers in the mail, and are stoked! You get all the
cards.
When you finally get a credit card, you plan on getting only one credit
card. Max two. Period.
You see a bunch of kids passing out free tee shirts at a school
function. All you have to do to get the shirt is sign up for a "free"
credit card. You sign up on the spot!
You find a radical website that promises you the cheapest credit cards
for students, and believe everything you read on the site.
You decide to get your first credit card from the same place that gave
you your checking account
You decide to get your first credit card from an online bank with no
local office.
You get a credit card without checking how long the "grace period" is.
You plan on making online payments on your credit card when you get
it--and plan to pay early every month.

The bookkeeper for the company has prepared the following balance sheet as at December 31, 2018: Cameron Corp Balance Sheet December 31, 2019 Current Liabilities Long-term Liabilities Shareholders' Equity $.237.500 437,500 494,800 Cash Accounts Receivable (net) Inventories Investments Land Building (net) Copyright (net) $ 40,250 (1) 85,550 (2) 105,000 (3) 60,000 (4) 350,000 (5) 525,000 (6) 4.000 (7) $1.169,800 $1.169.800 The following additional information is provided: 1. The cash balance includes: Petty cash fund Cash advance to employee, payable on demand Saving Account at TD Bank Certificate of deposit (90-days) Chequing account at the Bank of Montreal Bank overdraft at the Scotia Bank Total $ 250 1,000 23,000 10.000 6,750 (750) S_40.250 2. The allowance for doubtful accounts $7,750. 3. - The net realizable value of the inventory that is included in the Balance Sheet is $100,000.- - Inventories do not include $15,000 of merchandise that was in transit at December 31, which was sold to a customer with terms f.o.b. destination. The inventory reached the customer on January 5, 2020 - Inventories also do not include $20,000 inventory that was received by Royale Ltd. for consignment. 4. The investments section includes the following: notes receivable that was issued on September 1st, 2019 bearing interest at 6% and due on August 31, 2020 $20,000; long-term FV-OCI investment $30,000 carrying value (fair value $26,000 at December 31,2019); and FV-NI Investment 500 common shares of Landon Inc. purchased at $10.00 per share (fair value $11.50 per share at December 31,2019). The company expects to sell the FV-NI shares as soon as the market price increases next year. 5. The land balance includes: land used for operations and recorded at its appraised value of $350,000 (the original cost of the land was $275,000). The company uses the historical cost method to account for property, plant & equipment. 6. The building originally cost $750,000. Depreciation for 2019 has already been recorded. 7. The copyright originally cost $10,000 and is being amortized over 5 years on a straight-line basis. Amortization for 2019 had already been recorded. 8. The company borrowed $50,000 from ABC Bank. The bank charges 5% and the loan is due May 1st 2025. As part of the bank loan, ABC Bank required Cameron Corp. to pledge their building as security for the loan (in other words it is the banks collateral). How to do adjustment in Inventories in part (3) and Investment in part (4)?

Which of these is the biggest challenge to saving money? Employer incentives Advertising campaigns Instant gratification Social and cultural influences

Barnes & Noble and Amazon would be considered a(n) _______ because they sell similar products. Question 4 options: strategic group oligopoly overlapping group customer group