Accounting question and answers for November 19, 2023
- Q When a business incurs expenses that are unreasonable in the circumstances, the unreasonable portion of the expense cannot be deducted in the calculation of either accounting income or business income...
- Q Exercise 10-34 (Algo) Budgeting for Marketing Expenses; Strategy [LO 10-2, 10-4, 10-5] You have been recruited by a former classmate, Susanna Wu, to join the finance team of a company...
- Q "It is possible for an entity to build up hidden amount of profit (known as secret reserves) by making some adjustments in the profit and loss account (Income Statement)."
- Q Why did convertible bonds perform poorly in 2008 and then perform very well in 2009? B) Why did convertible arbitrage strategies do poorly in 2008? C)...
- Q Choose a manufacturing company of your choice and describe these key point. Their product and services . Their market impact ( local and global) Their customer winning factors like (what...
- Q Lucy Co land - undervalued 10,000 Lucy Co buildings with 10 year...
- Q Ho do I calculate the total overhead of a product under cost base activity
- Q Explain how direct materials and direct labor costs are attributed to specifically produced goods or projects (jobs) using Job Order Costing. Please provide at least one example.
- Q Discuss what an information systems audit does. Discuss what an audit trail is.
- Q Forever 21 is expected to pay an annual dividend of $2.4 per share in one year, which is then expected to grow by 7% per year. The required rate of...
- Q 35. When prices are rising, the ending inventory balance reported on a weighted-average basis is generally: (1 Point) A) lower than on a FIFO basis. B) greater than on a...
- Q Discuss in detail the four types of Facility layouts. Explain the differences, applications, and advantages and disadvantages.
- Q Subject: Financial Markets How are you going to invite foreigners to invest in the Philippines? What can you say to them to encourage them to invest? What do you think...
- Q Answers to question #2 parts a, b, and c should be entered on the separate attached journal voucher pages. Please refer to the attached chart of accounts for account numbers....
- Q In addition to exploring traditional masculine and feminine roles, this simulation explored gender socialization of children and issues around raising a transgender child. What role do you think parents play...
- Q 2. Describe the activities that take place in both Career Planning and Performance Management Modules of ERP human capital management. 3. List two metrics useful to HR professionals in...
- Q Why might relevant costs analysis be bad for a company if used too frequently? 1. It overemphasizes long-term goals and neglects short-term goals. 2. It could lead...
- Q Share capital and contributed surplus are the two classifications appearing in Select answer from the options below the fixed assets section of the balance sheet. the contributed capital section of...
- Q You are a shareholder in an S corporation. The corporation earns $2.36 per share before taxes. As a pass-through entity, you will receive $2.36 for each share that you own....
- Q Edward Co. manufactures leather briefcases and carryalls. Edward's production manager has provided the following production budget. Each briefcase or carryall requires 1.2 yards of leather fabric and Edward maintains an...
- Q Why sell common stock if you are going to lose control of the company? Why not sell preferred stock with no voting rights
- Q sclecied sales and opcraune data for three divisions of a multinational structural enomecrino fem are prouded belor sales Avelade oferoune assets Net operating income Asia $12.000.000 $ 3.000,000 420.000 Minimum...
- Q IASB and FASB each has its own standard setting process. Illustrate the standard setting process for either of them.
- Q What other reason might a patient be approved for a pacemaker?
- Q It is necessary to manage and protect receivables: Select one: A.Personnel B.Safekeeping C.Credit controls and policies D..Trial Balance
- Q Joana sold her stocks receiving in exchange a building with a tax basis of P2300000 but with a fair value of P2400000, goods worth P150000, and a P600000 cash. ...
- Q Expenditures to maintain the operating efficiency are Select one: a. equipment overhaul. b. capital expenditures. c. improvements d. revenue expenditures
- Q Dynamic Production Services started the year with total assets of $130,000 and total liabilities of $50,000. The company is a sole proprietorship. The revenues and the expenses for the year...
- Q Compare financial performance of Eagers automotive limited and Appen Limited listed in the Australia Stock Exchange (ASX) from Yahoo Finance: (a) Compare financial performance of the two companies using the...
- Q Differentiate Instrinsic Valuation, Relative Valuation, and Contingent claim Valuation
- Q Z Ltd manufactures three products, the selling price and cost details of which are given below: Product X Product Y Product Z Selling price per unit 75...
- Q Question 1 A.Define the term 'loss of control'. (2 marks) B.Discuss how the following may be used to effectively transfer risk i.Hedges ii.Diversification iii.Incorporation iv.Hold...
- Q Management must have pertinent information to make quick decisions to current issues, is information requirement for __________ Question 7 options: a. Accessible b. Relevant c. Accurate d. Transferable
- Q AIMO Corporation has 600,000 share stock outstanding. Recently, AIMO declared 2 for 1 split and the earnings per share(EPS) after stock split is RM3. If you owned 2,000 shares of...
- Q A (man) and B (woman) are living as Husband and wife. During their period of togetherness, they accumulated cash amounting to P5,000,000.00 by virtue of A's work, and B's love...
- Q Some events are not recorded daily because it is inefficient to do so. Examples are the use of supplies and the earning of wages by employees. Some costs are not...
- Q Task 2: CLO3 Question Financial information pertaining to Pedro Sdn. Bhd. as follows: Beginning cash balance is $1,800,000 Sales are on credit and are collected 50 percent in...
- Q Q4. (a) Briefly describe Cost-volume-profit (CVP) and list its components. (b) A manufacturing company produces a product that sells for $6.80 per unit, whereas its variable costs and expenses are...
- Q Yuno Company provides a defined benefit plan in which employees receive a lump sum post-employment benefits payable on termination of service and equal to 1% of final salary for each...
- Q On April 15, 2021, Malcolm requested an extension of time to file his 2020 income tax return. He completed his return the evening of Sunday, October 11, 2021, determining that...
- Q Which of the following can an auditor observe as a general control procedure used by companies? a. Management philosophy and operating cycle. b. External influences such as bank...
- Q Discuss the three pragmatic tests that we can apply to assess the use case suitability for blockchain.
- Q Each group are required to develop ONE (1) business profiles. Describe your business profiles as follows; Business name and logo ,Location and nature of business, Vision and mission of business,...
- Q https://1drv.ms/x/s!Arsc8ACsRikLgRH-X2mE1kbltFsA open the link on excel shit and edit and simply ANALYZE EACH FINANCIAL TRANACTION. DETERMINE WHAT ACCOUNT IS BEING IMPACT - IS IT AN ASSET, LIABILITY OR EQUITY?...
- Q Robert's DEBIT card was stolen. He did not realize it until 15 days later, when he notified hidsbank about the theft. There were fraudulent purchases made totaling $850 and a...
- Q What are the legal requirements relating to delegated authorities in Asutralia? What are the main statutory requirements for financial reporting as per Corporations Act 2001?
- Q According to the IFRS 13 what are the different models?
- Q What expenses are deductibleforadjusted gross income andfromadjusted gross income? Why is a deduction for AGI is (generally) more beneficial than a deduction from AGI
- Q Smith is considering opening a location on campus to sell Cookies His rent would be $1000/month and she expects to sell each cookies for $10. Variable costs are $1.74 and...
- Q Please explain option as a hedging strategy where there is no dividends.
- Q In recent years we've witnessed a series of disastrous computer attack and data breach. Research one of recent cases (reported in 2020-2022). Search the web for more reports and references....
- Q El cuidado de relevo significa: a. llevar al paciente al terapista b. ofrecer al paciente ayuda financiera c. dar al cuidador familiar un alivio temporal o nocturno de sus deberes...
- Q For a production manager and internal auditor of a company, why is it important in cost management to keep track of all the wasted and discarded material in the production...
- Q Explain financial asset & financial liability. Also explain the critical feature in differentiating a financial liability and equity.
- Q 1. What is the relationship between detection risk and audit evidence? 2. Why do .auditors need to distinguish FS assertions based on transactions, balances and presentation and disclosures? 3. How...
- Q A Citizens group in your state has placed an amendment on an upcoming election ballot
- Q A "three-against-nine" FRA has an agreement rate of 4.77 percent. You believe six-month LIBOR in three months will be 5.22 percent. You decide to take a speculative position in a...
- Q What ATI consist of Impact on the amount of dependant tax offset available to taxpayer
- Q Georgio Chartered Accountants (Georgio) is reviewing its independence in relation to a number of its audit clients as part of its quality control procedures. It has come to Georgio's attention...
- Q Batch-level activities are different than unit-level activities because batch-level activities are dependent on how many units each batch produces. True or False ?
- Q Income Statements under Absorption Costing and Variable Costing Gallatin County Motors Inc. assembles and sells snowmobile engines. The company began operations on July 1 and operated at 100% of capacity...
- Q Read through the end of The Goal, by Eliyahu Goldratt. What is the difference in opinion between Alex and Jonny Jons? Two departments that often "butt heads" are sales...
- Q Discuss the advantages and disadvantages of neural network. Describe the main components of artificial neural networks. Compare the performance of a computer and that of a biological neural network...
- Q A project has an initial outlay of $1,000. The project will generate cash flows of $400 in Years 1-3 and cash flows of $200 in Years 4-6. What is the...
- Q Enter the following adjustments (1) Unbilled and uncollected revenue for services performed at July 31...
- Q i need a ratio analysis for L'Oreal focusing on liquidity, solvency and profitability. I need a explanation with numbers and References. Thanks
- Q Acqua Inc. recently reported LTM earnings per share of $0.83. Peer companies in the same industry are trading for an average of 14.6 times earnings. If Acqua Inc. has 15...
- Q When March Green Products Ltd. started their business they issued 150,000 common shares and 10,000, $3 noncumulative preferred shares. Their first declaration of dividends happened in Year 4 of operations,...
- Q When valuing a company what should you care about in terms of currency? How?
- Q Microsoft Word - Handout6.docTravel-R-Us, Inc. (Travel) is a publicly-traded company with annual revenue of $370 million and a fiscal year ending May 31. Amelia Emerson, the Controller and a CPA,...
- Q one year ago Lerner and Luckmann Co. issued 15-year, noncallable, 5.5% annual coupon bonds at their par value of $1,000. Today, the market interest rate on these bonds is 5.5%....
- Q A good strategy with poor implementation is like a poor strategy or no strategy at all," Discuss
- Q 1
- Q A company is considered a multinational corporation (MNC) if it exports its product from its Home country facility to a foreign country. Optional Answers: 1. True 2. False
- Q What are the characteristics of accounting numbers and their level of pervasive control in Society
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