Accounting question and answers for November 19, 2023
- Q You are discussing the importance of quality with a colleague. She says, "High quality may have been an important element of business competition in the 1980s and 1990s when there...
- Q Is a Code of Ethics important for accountants? Demonstrate your views with an Example of an ethical dilemma
- Q evaluate garcia and foster's documentation of their understanding of the client;s environment (workpaper b.2.1). describe any problems you find and provide suggestions for improvement
- Q In job-order costing, the main report is a: Multiple Choice production report materials requisition timesheet job cost sheet
- Q The polishing department of Cullumber Manufacturing Company has the following production and manufacturing cost data for September. All materials are added at the beginning of the process, and conversion costs...
- Q Saku's Co. shows a Net Income of $8,000 in 2020. During the year 2020, there is an increase of Accounts Receivable of $3,000, a decrease of Accounts Payable of $1,000,...
- Q What variance listed below would be attributed to the following ? 1)an error in accounting records 2)unreasonable standard , Choices Direct material variance Direct material quantity variance...
- Q The cost of direct materials transferred into the Filling Department of Eve Cosmetics Company is $91,050. The conversion cost for the period in the Filling Department is $497,860. The total...
- Q Draw and explain a Porter's Value Chain Analysis diagram of SL showing primary and support (secondary) activities. Provide specific descriptions for each activity applying to what SL does rather than...
- Q A. State the objectives of public accounting reporting B. Discuss the qualitative characteristics of financial reporting information
- Q Cost of Preferred Stock with Flotation Costs Burnwood Tech plans to issue some $60 par preferred stock with a 6% dividend. A similar stock is selling on the market for...
- Q MSU makes blue jean jackets. The standard costs per jacket are as follows: Budgeted Qty Budgeted Price Direct Material .20 $ 60.00 per yard Direct Labor .10 $ 30.00...
- Q Learner Corp. had total sales of $20,000,000 for the fiscal year ending on December 31, 20X1. Learner's costs of quality are as follows: Recalls$700,000 Warranties 500,000 Recruiting 95,000...
- Q Explain why changing in the accounting policies could impact users' opinions. Give examples
- Q discuss the ethical implications and ramifications of managerial accounting
- Q contrast the requirement used for determining product cost to support short term management decisions with those used for long term management decision purposes. explain the difference between job costing...
- Q Sargent Corporation applies overhead cost to jobs on the basis of 90% of direct labor cost. If Job 210 shows $13,050 of manufacturing overhead cost applied, how much was the...
- Q Please answer correct with reason Missing a scheduled pay date: a. Often translates into improved customer service b. Can result in fines and grievance costs c. Can reduce the...
- Q The balance in accounts receivable at the beginning of 2024 was $620. During 2024, $2,600 of credit sales were recorded. If the ending balance in accounts receivable was $150 and...
- Q As of December 1, 2020, Joe's year-to-date wages are $136,400. On December 4, 2020, he is due wages of $2,000. How much FICA tax should the employer withhold...
- Q in light of the fact that we are not utilizing the office at this time, we recommend not renewing the lease on this office
- Q Critically assess autocratic and democratic leadership using academic and practitioner literature
- Q Which of the following would be reporting as an operation activity on a statement of cash flows? A. Payment of taxes B. Payment of dividends C. Repayment...
- Q Unit 7 Exercise BUSI 2083 1)Etisalat Vancouver manufactures picture frames. Sales for August are expected to be 10,000 units of various sizes. Historically, the average frame requires four metres of...
- Q Explain the purpose of the Pay As You Go system. What is the difference between PAYG Withholding and Instalments? How does PAYG impact income tax payable? Give an example....
- Q what is the role ofhuman resources as a strategic change agenthas increased over the years. There is a stronglinkage between common human resource practices and effective organizational change.Discuss which roles...
- Q Financial Analysisof Balance Sheets & Income Statements Walmart & Target How companies are doing financially, have they been profitable? Probz should include other measures of success too
- Q Please explain the concepts of cash flow analysis, breakeven analysis, and return on investment measures.
- Q Describe how IT value is measured, including how an investment in IT aligns with a corporate financial objective.
- Q Beranek Corp. has $410,000 of assets, and it uses no debt. It is financed only with common equity. The new CFO wants to employ enough debt to bring...
- Q The term used to describe costs that are traceable to a product or segment of a business being analyzed is: Group of answer choices Sunk costs Differential costs ...
- Q IIn the United States, the IRS taxes corporation if they have excessive retained earnings; they can be subject to extra taxation and penalties. Why does the IRS do this? Do...
- Q Advise PT Gas Co the appropriate hedging strategies for the US$ cash flow that is due to pay in three months to Laxamana Co using currency futures and currency options....
- Q Finally, you get to talk about your favorite film that you named in your "Introduction" post. 1. Tell us why it is your favorite film. 2. Talk about the interconnection...
- Q Davis Inc.'s bonds currently sell for $800 and have a par value of $1,000. They pay a $60 annual coupon and have a 20-year maturity, but they can be called...
- Q What is the purpose of these documents: (1) Payroll Report and (2) Payroll Reconciliation
- Q Mary Demerick, the COO of Swank Retailers in Phoenix, AZ, is busy looking over the most recent sales information for the company. She has called a meeting of all salespersons...
- Q 1. Determine the total asset of each bank in each year and provide this information in a Table, where column refers to years and rows refer to the bank specific...
- Q Please describe to me using simple words the following capital budgeting calculations: Pay-back, Net Present Value (NPV), and Internal Rate of Return (IRR). Compare the calculations to each other and...
- Q Smith-Pelley Inc produces a single product. The results of the company's operations for a typical month are summarized in contribution format as follows: Sales $540,000 Less: Variable Expenses$360,000 Contribution...
- Q Explain why a corporate board may establish board sub-committees.
- Q Answer the following questions using the information below: Company "ABC" has two service departments, Maintenance and Personnel. Maintenance Department costs of $400,000 are allocated based on budgeted maintenance-hours. Personnel Department...
- Q Mastery Problem: Cash Payback and Average Rate of Return (Advanced) Companies use capital investment analysis to evaluate long-term investments. Capital investment evaluation methods that do not use present values are...
- Q After the Federal Reserve's Covid-19 response, what do you think happened to the yield curve? Why?
- Q Last year, Top Grants' had $3,500 in sales, and cost of goods sold was $2,000. Depreciation expenses totaled $500 and interest expense was $700. If the tax rate is 25%,...
- Q Prepare an integrated data model usingUML class diagramsLinks to an external site.andthe REA frameworkLinks to an external site.. You can do this manually (very neatly!) or use a free trial...
- Q how can you apply in real life or in corporate world about the cash, accrual and single entity in accounting?
- Q https://www.picoxr.com/global QUESTIONS 1. country selected, and market entry strategy 2.A market description of the selected country. 3. It reviews market demand and factors that may affect consumer purchase of the...
- Q Why managers spend more time on strategic panning and less on control
- Q What are some of the rhetorical strategies Harris uses to develop his argument? Find examples of strategies such as hyperbole, opposition, figurative language, and colloquialisms, and discuss their effects.
- Q Which of the following is not true? Group of answer choices The sales volume variance for revenues is favorable. The flexible budget variance for variable costs is unfavorable. The sales...
- Q Assume all suppliers to a large retail chain offer credit terms of 2/10, net 30. The retail chain consistently takes the 2 percent discount and pays in 60 days. When...
- Q Brittney Huynh is seeking to ensure that all of her business data is able to be analysed effectively. Which of the following is an example of data standardisation? Select one:...
- Q Write a memo to the manager of the pension fund of a credit union and explain the importance of routinely evaluating the performance of the fund. You should also recommend...
- Q Managerial accounting The grumbling had gone on for months. Managers kept complaining that their monthly charges for voice telecommunication services didn't reflect the amount actually consumed. Consequently, there was a...
- Q Assume a merchandising company's estimated sales for January, February, and March are $102,000, $122,000, and $112,000, respectively. Its cost of goods sold is always 35% of its sales. The company...
- Q From the latest Best Buy Annual report found here: http://s2.q4cdn.com/785564492/files/doc_financials/2021/ar/Best-Buy_Annual-Report_FY21.pdf Cash Flow and Retained Earnings: Were there any Non-Cash Investing/Financing Transactions? Describe the type and amount....
- Q Montcalm Corp. has current liabilities of $365,000, a quick ratio of 0.85, inventory turnover of 5.8, and a current ratio of 1.4. What is the cost of goods sold for...
- Q a. Jika diketahui informasi total ekuitasPT Mahakam Tbk, adalah Rp9000.000.000. Perusahaan ini memiliki 100.000 lembar saham preferen dengan nilai nominal Rp12000 per lembar. Dividen untuk saham preferen sebesar8% yang berada...
- Q Which fund type should be reported in the statement of revenues, expenditures, and changes in fund balance, and why?
- Q tony conducts a rock climbing clinic. The company bills the clients 13200 for the provided clinic due in 30 days. How do I post this to a daily...
- Q Exams last mid summer marks data set follows notmal distribution with mean 8 and standard deviation 1 So how to find 15th percentile marks of this data set
- Q 3. Julia is considering selling her shares in HNB Ltd. She has 10,000 shares, and the current value of the shares is 3.01 per share. She purchased the shares two...
- Q Four Company has issued a P 5,000,000, 10%, 3 year note on January 1, 2020 to Todo Bank, during which the prevailing market rate is 12%. One year after, the...
- Q Which discovery of the twentieth century was the most radical break from earlier beliefs? Was it the result of newly discovered facts and empirical data or viewing the world in...
- Q Pursuant to the collection of email addresses by the California Board of Accountancy from renewing license applicants, which is the following is true? A - The email address is...
- Q It was mentioned that "When comparing two projects of differing sizes, the Net Present Value technique is inefficient. It gives a dollar response, but the magnitude of the Net Present...
- Q You are the chief financial officer (CFO) of Gaga Enterprises, an edgy fashion design firm. Your firm needs $10 million to expand production. How do you think the pro-cess of...
- Q Paid $100 cash for utilities for the month of June. (What category does the $100 belong in this journals?) Assets Liabilities Stockholders Equity...
- Q What are the INVENTORY TURNOVER-COST OF SALES of APPLE for YEAR 2018, 2019, 2020 and 2021?
- Q Explore how different aspects of marketing can be used by a company to influence its customers, as well as capture market share, including how an effective strategy impacts both you...
- Q Orange Corporation begins business on April 4, 2017. The corporation has startup expenditures of $54,000. If Vroom Corporation elects 195, determine the total amount that Vroom may deduct in 2017
- Q Qualitative factors are non-financial in nature but are important for management to consider when making decisions. Reflecting on a company you are familiar with : Maybe Apple Inc.), --...
- Q Can you talk about the brand image of AirAsia? Please include 1 and half pages.
- Q Activewear manufactures Outerwear Fleeces at its plant in Westport. The garment sells for 89. Each garment requires 10 of raw materials and two hours of direct labour (costing 11 per...
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