assertions below is (are) correct
Q: Discuss the differences between an implicit guarantee, a specific result guarantee, and an…
A: Financial guarantee is a promise that the guarantor gives about taking responsibility of paying…
Q: provide a COMPLETE and CLEAR solution. Also, write legibly. Note: The answer is already given; I…
A: Number of blocks to be sold = Fixed cost / Contribution per block
Q: are we also user of accoutanting, if yes how?
A: Financial Accounting provides various useful information to various user groups which helps them in…
Q: se answer this
A: Step 1 An income statement is a financial statement that depicts the entity's income and…
Q: I just need to verify that these IRRs are correct.
A: Data given: Year CF 1 0 500000 1 -447000 2 -447000 3 -447000 4 881000 To check…
Q: What is the IPSASB and reason(s) it was established?
A: IPSASB : INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS BOARD (IPSASB). It plays a significant…
Q: Hello, I would need guidance with A-F, if possible.
A: Manufacturing overhead: It is the indirect cost incurred as a part of manufacturing the products.…
Q: Is this correct? What's the correct answer
A: Calculation of Profit CALCULATION PARTICULAR AMOUNT A Sale 480,000 B Direct…
Q: Briefly explain the assumptions of CAPM
A: Capital Asset Pricing Model (CAPM) is a measure used for determining the price of risky assets.…
Q: True or False: Write T if the statement is correct. If it is not, write F and state the reason…
A: Financial planning is a forecast of future revenue and expense for an organisation The first step in…
Q: Can someone elaborate the step by step solution on this? I am somehow uncertain about the step by…
A: Future Value F is 270 Present Value P is 250 Time period is 90 days Number of days in a year are 360…
Q: Identify all major assumptions of the CAPM, how they can be violated, and the implications of these…
A: Capital Asset Pricing Model (CAPM) was developed by Willian F. Sharpe and John Linter keeping in…
Q: Which of the above statements is/are true?
A: Factory overhead allocation: the factory overhead of a company can only be calculated at the end of…
Q: Which statement is correct?
A: A current ratio is one of the ratios used to assess the liquidity of the company. It shows that the…
Q: understandable. ncial statements that are fa nat they nurnort to renreser
A: Financial Statement: It is the statement that consists of the trial balance, income statement, and…
Q: For each of the scenario/statement (i) to (v) above, STATE your agreement OR disagreement and…
A: Statement 1 Statement- All future costs are irrelevant for decision making Opinion- Disagree…
Q: As expert, re-write the above description correctly.
A: Entity-Relationship Data Model: The entity-relationship (ER) data model has been around for over 35…
Q: If you believe IRR is the most reliable tool, please provide some additional data to support that…
A: IRR can be defined as the discount rate at which the present value of all future cash flows (or…
Q: The definition of provision in uses the term ‘probable’. How would you interpret ‘probable’? What…
A: Provisions are shown on the liability side of the balance sheet.
Q: What kind of information is gathered from a valid and trusted source and can be depended upon to be…
A: Accounting information is very useful information which is being collected for the purpose of…
Q: Can you tell me if i am on the right track and confirm i am correct on these
A:
Q: What are the two inputs required in the preparation of the pro forma statements?
A: Pro forma financial statements are reports that are formed based on hypothetical situations in the…
Q: What assumptions are inherent in the EOQ model as presentedhere?
A: Economic order quantity (EOQ): Economic ordering quantity (EOQ) is the perfect order quantity a…
Q: explain why the author's assessment of the appropriateness of the going concern assumptions is so…
A: Going Concern Assumption- As per the going concern assumption business will continue its…
Q: can you do the spreedsheet solution of this?
A:
Q: Which of the following statement is correct?
A: Pecking Order Theory: As per this theory, the preference for sources for funds is first retained…
Q: Would you say this chart is a technical or a fundamental analysis? Give reasons for your answer?
A: The question is based on the concept of analysis of stock performance. Fundamental and technical…
Q: o and you are planning to add a single security to that security you are adding is relevant, The…
A: Portfolio refers to the combination of financial investments like bonds, stocks, cash, etc., and…
Q: nensiv er indi
A: 2020 2021 Total shareholder's equity $76,526 $40,962 Retained earnings $2,523 -$35,564
Q: If you are checking the math, what assertion you are testing a. Completeness b. Existence C. Cut…
A: Assertions are declarations made by the management that the financial statements are accurate. These…
Q: When we are looking for existence how do we match them up?
A: Existence Testing is an audit procedure performed by the auditors to determine whether the assets…
Q: Which of the following statements is correct?
A: Accounts payable: the amount that the company should to pay in a specified future date Bad Debt: the…
Q: Which of the following statements about disclosures relating to EPS are true? (Select all that…
A: Earnings per share (EPS) is calculated by dividing a company's net profit by the number of…
Q: What is meant by each of the following potential characteristics of information: relevant, accurate,…
A:
Q: hich of the following statements are true and which are false?
A: I. Externalities is the one of the reason for market failure not an only reason. They are many…
Q: As expert, re-write the above description correcetly.
A: Inventory is the goods which the company is having and which the company has held in order to sell…
Q: Which of the following is not a constraint on the fi nancial statements according to the Conceptual…
A: Financial statements: Financial statements are condensed summary of transactions communicated in the…
Q: Which of the following statements is currently true:
A: Statement (a) This statement is not true because if a person keeps working at the age of 66 and…
Q: True or False: Write T if th statement is correct. If it is not, write F and state the reason…
A: Answer: As per Q/A guidelines, first question has been answered. Please repost remaining questions.…
Q: adoductible expe
A: From years 2018 to 2025, non reimbursed travel mileage shall be allowed as a deduction limited to 2%…
Q: the future. Under these conditions, which of the following statements is most correct?
A: Answer :- option 4 The value of the stock can be found using DCF procedures by finding the present…
Q: Which of the following is a correct statement?
A: When a sole property dies during the financial year leaving the estate that is known as Deceased…
Q: ,determine whether th procedure to test the co
A: Auditing is the investigation, inspection, or examination of the financial statements of an…
Q: Which of the following conditions defines a contingency? O The uncertainty related to a contingency…
A: Contingency: A contingency is the possibility of a bad future event, such as an economic downturn,…
Q: Can you verify step 2 from the answer with error?Thanks
A: Solution b: Contribution margin per unit = Selling price per unit - Variable cost per unit = $15 -…
Q: Interpret the following diagram. Your interpretation should be backed by solid logical arguments.
A: The term bonds refer to the debt instruments that can be used for the purpose of raising capital…
Q: Which of the following statements is CORRECT?
A: DIVIDEND POLICY Dividend policy is the policy that determines the assigning of earnings into…
Q: please
A:
Q: Still need answers and details for B and C?
A: the minimum number of cartons per year that can be supplied. the highest fixed costs that could be…
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- An important feature of a cost center is that a. It uses only monetary information b. It must be an area of a business through which products pass c. It must be one specific location only d. It has clearly defined boundariesLeah Clement believes that the allocation of cost of goods available for sale should be based on the actual physical flow of the goods. Explain to Leah why this may be both impractical and inappropriate.Which of the following describes the economic order quantity (EOQ)? a. It is associated with a pull inventory system. b. It is the heart of a JIT purchasing system. c. It minimizes total ordering and carrying costs. d. It minimizes stock-out costs.
- For each of the following items, identify which of the managementaccounting guidelines applies: cost–benefit approach, behavioral and technical considerations, ordifferent costs for different purposes.1. Analyzing whether to produce a component needed for the end product or to outsource it.2. Deciding whether to compensate the sales force by straight commission or by salary.3. Adding the cost of store operations to merchandise cost when deciding on product pricing, but onlyincluding the cost of freight and the merchandise itself when calculating cost of goods sold on theincome statement.4. Considering the desirability of purchasing new technology.5. Weighing the cost of increased inspection against the costs associated with customer returns of defectivegoods.6. Deciding whether to buy or lease an existing production facility to increase capacity.7. Estimating the loss of future business resulting from bad publicity related to an environmental disastercaused by a company’s factory in…Which of the following is NOT a principle of lean manufacturing?a. Achieve high inventory turnover rate.b. All activities that do not add value and maximize the use ofscarce resources must be eliminated.c. Products are pushed from the production end to the customer.d. A lean manufacturing firm must have established andcooperative relationships with vendors.Which of the following are features of lean manufacturing? Yes or NO a. Maintaining excess inventory to ensure that products will always be available b. Cross-training of employees c. Giving employees additional authority and responsibility d. Product-oriented layout e. Increased setup time
- 1. Why are indirect costs not directly traced to cost objects in the same way as direct costs? 2. Define cost tracing, cost allocation, allocation base and cost driver. 3. Distinguish between arbitrary and cause-and-effect allocations. 4. Explain how cost information differs for profit measurement/inventory valuation requirements compared with decision-making requirements. 5. Explain why cost systems should differ in terms of their level of sophistication.This is accounting for joint products and by-products Question: if no costs are allocated to by product as they are removed from the joint-processing center, what value will be assigned to by-products held in inventory? Please explain and expound your answer.Which of the following is a false statement about scrap and by-products? Select one: a. Both scrap and by-products are incidental outputs to the joint process. b. Management’s goal is to produce both scrap and by-products. c. Both by-products and scrap are salable. d. A by-product has a higher sales value than does scrap.
- Do not Copy What qualities of a product have an effect on logistical costs? Examine the influence that these features have on logistical costs.A limitation of transfer prices based on actual cost is that they Must be adjusted by some markup. Can lead to suboptimal decisions for the company as a whole Lack clarity and administrative convenience. Charge inefficiencies to the department that is transferring the goodsWhat are the possible problems associated with receiving goods ordered from a vendor/supplier?
