Accounting question and answers for November 19, 2023
- Q which of the following isnota role of a contemporary management accountant? Group of answer choices Advising whether a business should enter a new geographic market ...
- Q Model-building approach : a) 5-Day 99% VaR is 799,306.03. How do yo interpret this number? b) 5-Day 90% VaR is 439,103.74. How do yo interpret this number? c) Compare your...
- Q Lola Metals has two decentralized divisions, Stamping and Finishing. Finishing always has purchased certain units from Stamping at $37 per unit. Stamping plans to raise the price to $49 per...
- Q Your firm is considering a proposed project, which lasts three years and has an initial investment of $200,000. The after-tax operating cash flows (OCFs) are estimated at $60,000 for year...
- Q Partner A contributes a building to the AB Partnership that is worth $70,000. There is a mortgage of $20,000 on the building, that A is contributing to AB along with...
- Q Converting IFRS-based amounts to a U.S. GAAP basis requires Multiple choice question. use of a conversion metric such as the one used to convert kilometers to miles. translation into local...
- Q On August 1, 2011, Wei Inc. purchased a license with a cost of P8,424,000 and a useful life of 10 years. At December 31, 2013, when the carrying value of...
- Q 1.) Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. Thestandard costsfor a batch of chocolate (1,564 bars) are as follows:...
- Q 11 . MCQ BR Company has a contribution margin of 15%. Sales are $633,000, net operating income is $94,950, and average operating assets are $143,000. What is the...
- Q you are a Consulting Team that has been engaged by PKF to come up with a new 3-year business strategy to present to the company's CEO, CFO and Executive Board...
- Q You are the new credit department manager of Crown Inc. You and your team have been asked to design a new credit assessment process for potential customers to present at...
- Q Gregory Farms (GF) provides agricultural programs to local youth. To support this program, the local municipality donated a tractor to the organization with a fair value of $30,000 and a...
- Q What is cost-volume-profit analysis? How can a firm use it?
- Q Y6 t: You are a tax advisor and your client, Nora, owns and operates C-C Bakery. She encounters three different tax scenarios on which she requests your advice. You are...
- Q 8-9 Brewer Corporation estimated its quarterly break-even sales for 2017 to be 45,800 units, priced at $38 each. Its actual sales for the year amounted to $7,752,000 and actual quarterly...
- Q A chartered bank offers a rate of 5.5% on investments between $25,000 and $59,999 and a rate of 5.75% on investments from $60,000 to $99,999 in 90 to 365 day...
- Q What does the inventory turnover ratio reveal about a company?
- Q 13. Understating ending inventory in 2022 will overstate net income for 2023. (1 Point) True False 14. The cost of goods available for sale is equal to the: (1 Point)...
- Q Under which of the following circumstances will a company need to prepare financial statements? A company will prepare financial statements only if they did not use a worksheet. A company...
- Q How do preferred shares differ from common shares? a. Preferred shareholders are typically paid a dividend, regardless of the firm's position, at the end of the year, whereas...
- Q ris Pty Ltd calculates its predetermined rates using practical volume, which is 325,000 units. The standard cost system allows 3 direct labour hours per unit produced. Overhead is applied using...
- Q Partners Cantor and Dickens have capital balances in a partnership of $161000and $234000, respectively. They agree to share profits and losses as follows: CantorDickensAs salaries$41000$49000As interest on capital...
- Q The production of 100,000 gallons of gasoline would require that all oil used in the process, as well as all labor in the refinery facility be accumulated into...
- Q Before a 2-for-1 stock split, Juliana's stock was valued at $60 per share. What is her per share value after the split? Multiple Choice $60 $30 $120 $150 $90
- Q The loss in each process represented a scrap which could be sold for the following valueprocess I shs 20 per unit, process II shs 44 per unit process III sh...
- Q Sheffield company purchased supplies costing $7180 and debited supplies for the full amount. At the end of the accounting period, a physical count of supplies revealed $2020 still on hand....
- Q On December 31, year 0, your company issued a zero-coupon bond with a face value of $1,000. The bond matures after 8 years, on December 31, year 8.At issuance, investors...
- Q Rutro Corp. makes 59,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows: ...
- Q I need to figure out which one (fixed, variable, mixed, incremental, sunk, relevant, opportunity, avoidable), where applicable, will be used to influence decision-making for the topic of; The need for...
- Q 1. To apply the retail method of estimating the cost of inventory the business must know both the total cost and total selling price of its' net purchases. (1 Point)...
- Q update for me David Kipkogei who has paid 300. he had pledged 3,000. so have to subtract the 300 from the total of pledge Ochieng's Wedding Committee Contributions ...
- Q Which of the following people would be currently eligible for Social Security? Select answer from the options below An undocumented retired worker who used an invalid Social Security number. Someone...
- Q During the Determine Budget process individual activity costs are aggregated to _____ which are further aggregated to determine the total project cost.
- Q 1. Read the article 'Red Flags in Management' using the link https://2012books.lardbucket.org/books/governing-corporations/s15-appendix-b-red-flags-in-manage.html Discuss, in your own words (do not copy and paste), the characteristics within various categories of higher...
- Q Please answer this: Wheels, Inc., currently manufactures its own custom rims for automobiles. Management is interested in outsourcing production of these rims to a reputable manufacturing company that...
- Q oberts Enterprises has budgeted sales in units for the next five months as follows: June4,630 unitsJuly7,750 unitsAugust5,430 unitsSeptember6,960 unitsOctober3,830 units Past experience has shown that the ending inventory...
- Q Emily Oh is a revenue manager at the Bear Hub Resort in Nelson, BC. In what situation would Emily optimize the resort's net room revenue? a. High standard ADR, low...
- Q A lot of changes have in health care marketing have occurred in the past 50 years, how have the 4P's of marketing affected those changes?
- Q Wild Dog Coffee Company,a locally owned company with a single coffee shop location, serves a wide selection of espresso beverages, small breakfast and lunch menu items, and a limited evening...
- Q Jane receives her $500 scholarship on her transaction bank account (transaction 1). She pays her $250 rent with a cheque (transaction 2) and a $100 food bill with her debit...
- Q McGrath and Partners Chartered accounting firm is tendering for the audit of Harris Ltd (an ASX listed client) for the next financial year.During the tender preparation, the manager of the...
- Q Please answer correct ,please How can users compare companies who use different cost flow assumptions?
- Q Answer both questions: A. You want to quit your job and return to school for an MBA degree 3 years from now, and you plan to save $7,000 per...
- Q how has liquidity ration measures affect decision making in managerial positions
- Q The U.S. House of Representatives committee that held hearings to investigate the January 6, 2021 attack on the U.S. Capitol is an example of a ________ committee. Question 49 options:...
- Q The question says '''Use calculations to support your answer.'' For 115. a) How did you get CM Per unit 24$ for Model A and $50 for...
- Q Ayayai Company has 10 employees who each earn $198 per day. If they accumulate vacation time at the rate of 1.4 vacation days for each month worked, the amount of...
- Q The government designed Sarbanes-Oxley to increase confidence in financial information provided by public corporations to ______________. Select the correct answer below: to improve accountability and transparency in the financial system...
- Q Turbo Company uses the declining balance method to depreciate its assets. What journal entry will be required to record annual depreciation? Select one: a. Debit Cash, credit Depreciation Expense b....
- Q magine that San Jose Fabricators Inc. is a manufacturing company. San Jose's financial managers have begun running a lot of the firm's banking affairs through a larger bank. The new...
- Q Sheffield Library, a nonprofit organization, presented the following statement of financial position and statement of activities for its fiscal year ended February 28, 2024. The following transactions occurred during the...
- Q company PT Simbu will conduct a rights issue with the following conditions: Each owner of 2 old shares has the right to buy 1 new share at a price of...
- Q Question 2 The Financial statements must be relevant and reliable. Discuss this statement with an example (s).
- Q Your client is a member of a partnership with a property management firm, Sky High Properties. His partnership interest is 45% and last year the partnership made a net income...
- Q Many people dream about one day owning their own business. In this week's discussion, describe an idea for a business that you might be interested in starting. 1. How could...
- Q A city purchased a new asphalt paving machine for RM300,000. The city comptroller states that the machine will be depreciated using a straight-line method. At the end of 8 years,...
- Q Annette has a scar on her right cheek which really bothers her and is depressed. She has sought her cosmetic doctor's advice on what treatment's are available. Will annette get...
- Q Weldon Animal Feeds has developed the following data for lower of cost and net realizable valuation for its products (in thousands): Selling Price Cost Large animals category: Cattle $320 $160...
- Q Tommy Corp. reported a net deferred tax asset balance of $ 196,100 resulting from an estimated warranty expense accrual for book purposes. The total book-tax difference related to the bases...
- Q We have read that "lifestyle choices" are among the leading cause of deaths in the United States. These include tobacco, alcohol, poor diet, and unsafe sex. How do you see...
- Q Slice Co. purchased 30% of Lobb Co.'s outstanding common stock on December 31 for $200,000. On that date, Lobb's equity was $500,000, and the fair value of its net assets...
- Q The most conservative method of applying the lower of cost or net realizable value rule is to use the lower of total cost or total net realizable value by item,...
- Q Highlight three key arguments you will bring forward to the annual summit meeting to convince others to accept the proposed rating for Jared Clarke under the new scorecard system, despite...
- Q According to Asic, list four situations which could define 'vulnerability' in a person that might affect the finance and mortgage broking services.
- Q Which of the following are considered a factor of production? (There may be more than one correct answer) Human effort Capital equipment Forestries and mines Financial certificates Lines of credits...
- Q Assuming Felicia owns a firearms training business, which is a sole proprietorship, and she has net self-employment income of $140,000 and she pays SE tax of $20,000 (assumed), the most...
- Q Here is the textbook: https://openstax.org/details/books/principles-management There are 4 questions below -- ETHICS Read the Wells Fargo Critical Thinking Case in CHAPTER 4. What was the key...
- Q Marin Products produces three products DBB-1, DBB-2, and DBB-3 from a joint process. Each product may be sold at the split-off point or processed further. Additional processing...
- Q ________ is additional income to a company as a result of a new product. Question content area bottom Part 1 A. Cumulative discounted cash flow B. Discounted contribution C. Dragalong...
- Q Gunnison Company had the following equivalent units schedule and cost information for its Sewing Department for the month of December: Direct Materials Conversion Costs ...
- Q The following information is for the production quantities and total production costs for the past three years analysed in quarters: Year Quarter Production qty Total cost (K'M) 1...
- Q How would you recommend setting up controls/ownership for an IT budget?
- Q in QuickBooks, what are Reports - Jobs, Time and Mileage
- Q In this assignment you will: Assume you have been hired as a consultant to prepare a balanced scorecard that will be presented to top management. You will choose a company...
- Q Papa Bear Grill prefers pricing food menu items based on Menu Engineering principles, which means that the items are assessed from a popularity and profitability point of view. This method...
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