D

Two questions for discussion board:

1.

What does a flexible budget performance report do that a simple comparison of budgeted to actual results does not do? What should be the consequences of a department or division that exceeds the spending budget for their product line?

2.

Find an article about a company that has been affected recently by its bond rating or its stock price. Relate the story to what you’ve learned in this module about accounting for bonds and stock. Be sure to cite the source properly (check APA guidelines in the library).