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need help please 42. When the accoustant allocated tranepotation in cost between Cost of...

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Accounting

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need help please

42. When the accoustant allocated tranepotation in cost between Cost of Goods Sold snd enting inventory because some of the parchases hal hoen sol,thve in n. an application of consisiency b. a violation of consisneney s. as applicaion of expesse recognition (msnching) d. a violaticn of espense recognision Use this datia for iems 43 anod 4 below: Costract Prixe is Stone,co, estimand cot is 60% of Sales, ny 1. % of the cost is incurred 43. Umder the Completed Conract Apprococh to this long-wem conntsa goss yeofo s shown: a.Zero(0) b. $4,000,000 c. $2.400.000 d. $1,000,000 e. neither is correct 44. Under the Percestage of Completion Appeoach of hong-term contructs, agross proin amoumof is shown: a.Zera (0) b $4,000,000 e. $2.000,000 d. $1,000,000 e. neither is correct 45. All of the following are government agenicies that have direct influence ugen accounting except a. State Board b. NJCPA Seciety c. IRS d. SEC Page

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