Questions about the motor vehicle expenses

Assignment Help Business Economics
Reference no: EM13904678

A new governance board member is constantly asking the accountant questions about the motor vehicle expenses that are constantly over budget. They blame one of the business managers who they dislike and point to the fact that the manager has an unnecessary sports pack on their car. What type of budget does the motor vehicle expense belong to? Who is responsible for this budget? What steps would you take if you were the accountant?

Reference no: EM13904678

Questions Cloud

Meetings with the managers and ceo : Describe who else you will talk to in order to set the sales assumption forecast. How will you document this? How is the sales budget used to build the other budgets? Who is responsible and what standards for negotiations should be set during budge..
Vietnam without full-scale national mobilization : Explain and evaluate the Johnson administration’s decision to wage the war in vietnam without full-scale national mobilization. What were the reasons for this choice, and what were the consequences?
The safety stock calculation is influenced : The safety stock calculation is influenced by: A. Demand and Lead-Time Uncertainty B. (the) Economic Order Quantity C. Price Breaks D. (the) Reorder Point
Identify process that could benefit from control chart : Identify a process that could benefit from a control chart, and describe the metrics that you would use for this control chart. Which control chart should this process utilize and why?
Questions about the motor vehicle expenses : A new governance board member is constantly asking the accountant questions about the motor vehicle expenses that are constantly over budget.
Disaster relief by assisting in humanitarian supply chain : In the chapter opener we get a glimpse of how a major corporation can make a significant contribution to disaster relief by assisting in a humanitarian supply chain. Disasters often occur with little warning humanitarian aid needs to get to the affec..
Produced annually in order to minimize the cost : In 1 year, a health food manufacturer produces and sells 240,000 cases of vitamins. It costs $2 to store 1 case for 1 year and $15 set up to run a batch. How many batches should be produced annually in order to minimize the cost? Your uncle runs a sm..
Specific two budgets are the most relevant : 1. What category of budgets are the governance board more likely to be interested in? 2. With a long-term view, which specific two budgets are the most relevant to the governing board and for what reason?
Identify and list 10 christian truth claims : In a one page or less response, identify and list 10 Christian "truth claims". These are things that Christians claim to be true. In most cases, the truth claim is based on the Bible.

Reviews

Write a Review

Business Economics Questions & Answers

  Case the bond interest rate will not be nice integral value

You purchased a bond for 9500 dollars. The bond matured in 4 years and you sold it for 111,000 dollars. The par value (face value) of the bond was 10000 dollars. Interest payments were made every 6 months. The personal rate of return you received (so..

  Hospital is an example of a service processes

Hospital is an example of a service processes that has

  What is the maximum amount that she can withdraw at the end

Equal annual withdrawals are to be made from the account, beginning 1 year from now and continuing forever. What is the maximum amount that she can withdraw at the end of each year?

  Q1 in may 2011 the average price of gasoline in the united

q1. in may 2011 the average price of gasoline in the united states was 3.76 per gallon and consumers bought 5 percent

  Analyze the determinants of the price elasticity of demand

Analyze the determinants of the price elasticity of demand and determine if each of the following products are elastic or inelastic:

  The quantities produced before and after the tax was imposed

The inverse demand function for mangos is defined by the equation p = 91 − 5q, where q is the number of crates that are sold. The inverse supply function is defined by p = 3 + 6q. In the past there was no tax on mangos but now a tax of $44 per crate ..

  Compute the decline in consumer surplus

If this tariff is imposed, how much will consumers pay for a pound of tea. What is the quantity demanded. Compute the decline in consumer surplus.

  Explanation and analysis identify changes in market

Explanation and Analysis Identify changes in market conditions and their effect on equilibrium price and quantity for the following events

  Estimate the approximate after-tax rate of return

Estimate the approximate after-tax rate of return (ROR) for a project that has a before-tax ROR of 24%. Assume the company is in the 35% tax bracket and it uses MACRS depreciation for an asset that has a $27,000 salvage value.

  Large number of new immigrants enter the labor market

Suppose a large number of new immigrants enter the labor market. Assume this increase in the supply of labor provides a drag on wage increases: wages rise by less than the prevailing rate of inflation over the next year. Use the short-run model to ex..

  Draw the hick''s income and substitution effects

Draw the Hick's income and substitution effects for c1,c2 in c1,c2 space if the interest rate decreases to .05.

  Calculate the quality adjusted life expectancy of the person

Calculate the quality adjusted life expectancy of the person using the health score from the previous question. (Round to 2 decimals)

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd