Excessive write-offs and overstated estimated charges for future expenditures are known as:

Q: Would a deep discount without underwriting be preferable to save the expense of the underwriting…

A: In this question , we will discuss about underwriting fees and dilution of EPS and also that it is…

Q: managers duty to take appropriate action when accounting reports indicate

A: Managers are involved in planning and implementing appropriate actions to lead the organization…

Q: The Production Budget depends upon information provided by the Revenues Budget. TRUE FALSE

A: Meaning of Production Budget  The production budget considers the units in the sales budget and the…

Q: What does it mean to state that budgeted fi xed expenses are not fl exed?

A: Fixed expenses. Fixed expenses can be defined as essential expenses that are necessary to incur for…

Q: The capital expenditures budget is derived from the Operating budget and the financing budgets?…

A: A capital expenditure budget is a formal plan that states the amounts and timing of fixed asset…

Q: Why are budgets used if it's uncertain the actual revenues and expenses will match the estimated…

A: Budgets are highly essential for different types of entities be it a corporate entity or a not for…

Q: What effect do minor deviations from the EOQ have on totalinventory cost?

A: Minor variations from the EOQ will not in general highly affect the total inventory cost except if…

Q: Which of the following statements about the financial risk to providers under different…

A: Risk is the most under capitation.Here's why the reason is:This is accurate that, regardless of…

Q: Sometime the budgetary performance is seems to be a misleading and less effective if it is consider…

A: Budget: It is an estimated and effective way of the utilization of funds for the financial control…

Q: I am not getting the correct answer for the total of the revenue and spending variances. Should I be…

A: Actual Revenue and spending variance Flexible Budget Activity Variance Planning budget Machine…

Q: indicate yes if it describes a potential benefit of budgeting orno if it describes a potential…

A: A Budget is a summary of expenses prepared by Companies to find the costs to be incurred on…

Q: indicate yes if it describes a potential benefit of budgeting orno if it describes a potential…

A: Budgeting is very important process in managing future financing affairs of a business enterprise.…

Q: Explain an example of deferred expense.

A:

Q: True or false:  The levels of fixed-cost assets and funds that management selects affect the…

A: In Funds management there are managers who manage the funds and based on their skills and talents…

Q: Which of the following expenses would not appear on a selling and administrative expense budget?…

A: Selling and Administrative expense budget deals with all non-manufacturing expenses incurred in the…

Q: Why put the normal loss costing into the true loss account for abnormal loss?

A: Cost accounting: Cost accounting is a form of managerial accounting that aims to capture a company's…

Q: Why is it difficult to interpret a difference between how much expense was budgeted and how much was…

A: Spending variance: The difference between the actual and budgeted expenses is known as spending…

Q: Explain how estimation of service lives can result in unrealistically high carrying values for fixed…

A:

Q: impact of unauthorized expenditure

A: Unauthorized expenditures are the expenditures which have been incurred by the governmental bodies,…

Q: Which of the following is a disadvantage of the average rate of return method? a. fails to…

A: The question is asking about the disadvantages of the average rate of return method in accounting.…

Q: Can someone help me solve for bad depth expense?

A: Following are the journal entries to record L’s year 1 transaction and year end adjustment to record…

Q: cost that has been incurred in the past, cannot be recouped, and is not relevant to future decisions…

A: Period cost is the cost which is assigned to specific period. It is a fixed cost.it is non…

Q: ___________ is the possible loss of revenue resulting mainly from a decline in the revenue base.…

A: There are various risks

Q: riance is favorable if the actual revenue exceeds what the revenue should have been for the actual…

A: the correct statement is  True