Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. (multiple choice) which of the following statement

(Multiple Choice) Which of the following statements about journal entries to record variances is true?...

80.2K

Verified Solution

Question

Accounting

(Multiple Choice)

Which of the following statements about journal entries to record variances is true?

A. An unfavorable variance is recorded with a debit. B. Work in process is generally debited for the standard cost. C. A credit balance is a variance account suggests good results. D. All of the above are correct.. E. None of these.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A company manufactures two types of electric hedge trimmers, one of which is cordless. The cord-type...

Basic Math
Q

2.    List and explain one beneficial effect and one detrimental effect of bacteria.

Biology
Q

Constant boiling HCl has a concentration of 11.6 M. Your laboratory assistant is going to dilute...

Chemistry
Q

Suppose we have a direct-mapped cache that can hold a total of 1024 blocks with 4...

Electrical Engineering
Q

Dr Chung is a biologist who works on diseases of the liver She is studying...

Biology
Q

average current does this rotating charge represent A 2 ampere current flows in a uniform...

Physics
Q

1 How many terms are in the sequence 3 6 12 24 48 1536

Basic Math
Q

A Consider the graph given above The graph doesn t have an Euler circuit However...

Basic Math
Q

On a multiple choice test each question has 4 choices If you make a random...

Basic Math
Q

Find cot 0 sec 0 and cos 0 where is the angle shown in the...

Basic Math
Q

2 9. The Gabriel Group acquired $4,800,000 par value, 6%, 20-year bonds on their date...

Accounting
Q

TB MC Qu. 21-70 (Algo) Based on a predicted level of production... Based...

Accounting