Answers

SK

Answered

Standahl Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost formula for plane operating costs is $39,990 per month plus $2,689 per flight plus $8 per passenger. The company expected its activity in August to be 86 flights and 298 passengers, but the actual activity was 89 flights and 301 passengers. The actual cost for plane operating costs in August was $257,690.The plane operating costs in the planning budget for August would be closest to:

A) $257,690
B) $273,628
C) $281,719
D) $262,310

On Jul 14, 2024


B
SK

Answered

Because of failing popularity and media scandals, the number of Canadian companies granting stock options to nonexecutive personnel has been decreasing in recent years.

On Jul 11, 2024


False
SK

Answered

What are rater errors and what can organizations do to reduce them and improve the accuracy of performance appraisals?

On Jun 14, 2024


Rater errors refer to perceptual tendencies that occur in performance evaluations.Examples described in the text include leniency, harshness, central tendency, halo effect, and similar-to-me effect.They can be minimized through the use of behaviourally anchored rating scales (BARS)and frame-of-reference training (FOR).
SK

Answered

Which financial statements are recommended by the PSAB for presentation by governments?

A) Statement of financial position, statement of operations, statement of changes in net debt, statement of remeasurement gains and losses, and statement of cash flows
B) Statement of financial position, statement of operations, statement of remeasurement gains and losses, and statement of net debt
C) Statement of financial position, statement of cash flows, and statement of operations only
D) Statement of financial position, statement of cash flows, and statement of net debt only

On Jun 11, 2024


A
SK

Answered

If the marginal cost of the first sports jersey is $21,the marginal cost of the second sports jersey is $40,and the marginal cost of the third jersey is $17,what is the total variable cost of producing three jerseys?

A) $26
B) $78
C) $17
D) $61

On May 15, 2024


B
SK

Answered

Which of the following best describe the term forecasting risk.

A) The percentage change in operating cash flow relative to the percentage change in quantity sold.
B) The sales level that results in a zero NPV.
C) Costs that do not change when the quantity of output changes during a particular time period.
D) The possibility that errors in projected cash flows lead to incorrect decisions.
E) Opportunities that managers can exploit if certain things happen in the future.

On May 12, 2024


D