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Question 1: Describe an example of how an unfavorable variance between actual and budget amounts in a fixed static (master) budget can become a favorable variance in a flexible budget report.
Question 2: Also, since flexible budget is more accurate in measuring performance, can company just develop flexible budget without the static budget? Why or why not?
Why does the accounting profession make a distinction between internally created intangibles and purchased intangibles?
Identify and explain to the managing director, Goliath, the responsibilities of the auditor and the responsibilities of management
What was the total amount of manufacturing costs assigned to the 8,000 units in the ending work in process
In a month in which the company responds to 90 emergency calls, determine the estimated total cost of responding to emergency calls
Assign "normal" direct material and direct labor costs plus an amount representing "normal" manufacturing overhead to products. Assign actual direct material and direct labor costs plus an amount representing actual manufacturing overhead to products..
Financial statement data for the year ending December 31 for Langford Company are shown below. What is earnings per share for the year
for 2014 gray inc. a closely-held c corporation not a personal service corporation has 600000 of passive activity
What are the key elements included in Governmental Financial Statements. How do the Government reports, based on GASB guidelines
power grid engineering associates inc. provides consulting services to commercial electric utilities. the consulting
Determine Amazing's postretirement benefit expense for the current year. Prepare the journal entry to record the benefit expense for the current year.
andrew hall and brian li formed a partnership to provide landscaping services. hall and li shared profits and losses
why is the knowledge of documents and records and their realtionship to financial statements essentail for the study of
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