Variance reports are: internal reports for management external financial reports SEC financial reports all of these

Opportunity cost is: the benefit derived from a product. about half of the monetary cost of a product. the dollar payment for a product. the value of the best alternative forgone in making any choice.

A balance sheet lists: Multiple Choice The types and amounts of the revenues and expenses of a business. Only the information about what happened to equity during a time period.

M. Sheridan Corporation has 16,000 shares of 8%, $100 par value, cumulative preferred stock outstanding at December 31, 2020. No dividends were declared in 2018 or 2019. If M.

Target has been able to flourish in locations with wal-mart stores because wal-mart has suffered from the inertia that comes with long success and reliance on the same core competencies.

The philosophical leaders of the quality movement, Philip Crosby, W. Edwards Deming, and Joseph M. Juran, had the same general message about what it took to achieve outstanding quality. Which of the following was not part of that message? A.

Spencer Co. has a $350 petty cash fund. At the end of the first month the accumulated receipts represent $58 for delivery expenses, $187 for merchandise inventory, and $27 for miscellaneous expenses. The fund has a balance of $78.

Pita Pal sells fast-food franchises. Pita Pal receives $83,000 from a new franchisee for providing initial training, equipment, and furnishings that together have a stand-alone selling price of $83,000.

The accounts receivable credit column of the cash receipts journal is A. posted by individual amounts only at the end of the month. B. not posted. C. posted in summary only at the end of the month. D.

Country A has a population of 1,000, of whom 800 work 8 hours a day to make 128,000 final goods. Country B has a population of 2,000, of whom 1,800 work 6 hours a day to make 270,000 final goods. a.

Thirty-two new employees from Market Enterprises are attending orientation, receiving information about company policies, and filling out various forms. These employees comprise a group. 1. True2. False