Briefly explain the circumstances in which you would (have to) use each of the three different “MACRS conventions.”

Q: Define BOM along with an example.

A: There are different types of BOM based on the specific engineering used in the design process or…

Q: Which of the following orders allows for partial execution?

A: FOK (Fill or Kill Order): This type of order allows being executed immediately at the specified…

Q: Gros

A: 9.     Mr. Jordon is a resident citizen :-   In this case his income in…

Q: please answer below in detail

A: Current ratio is that ratio which denotes the level of current assets to cover the current…

Q: Define three forms of EMH

A: Following are the three forms of EMH: Weak Form EMH: Recommends estimating all prior knowledge is…

Q: List and explain two important criteria that must be satisfied in order for information to be…

A: Relevant information:   Decision making process requires an understanding of a grasp of illegal…

Q: uisitions? Identify t cors and discuss em

A: Introduction : The core source of value destruction in an acquisition is due to entranced managers.

Q: Which of the following can be used to link two tables together? Select one: a. Primary Key b.…

A: Foreign key is a column or group of columns in a relational database table that provides a link…

Q: Give three examples of access control in a POS system.

A:

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: Give 3 examples of application controls

A: please like the answer your response matters Examples of Application Control:Application controls…

Q: which MACRS convention is generally applicable to PP&E (equipment), and what other two MACRS…

A: MACRS stands for modified accelerated cost recovery system. It is the current system allowed in the…

Q: Please see image for question as this is a single, three part question.  A. ? B. ? C. ?

A: A model that helps to evaluate the value of the stock by discounting the dividend earned on the…

Q: Explain all differences between GAAP and IFRS

A: Generally accepted accounting principle (GAAP) It is the common set of procedures, principles, and…

Q: these are simple mcq question ,please explain why you choose that particular option

A: Q1. Given:       Share A Share B Returns 16.00% 11.00% Standard Deviation 18.10% 10.70%…

Q: define W-3: explain the purpose, and who uses the form.

A:

Q: xplain the general similarities AND differences between GAAP and IFRS.

A: Discussion of general similarity and difference between GAAP and IFRS are as follows

Q: Explain the purpose of each of the layers in the OSI protocol model.

A:

Q: Identify and describe any four areas validity checks can be applied?

A:

Q: Find three key ideas that underpin GAAS and explain why they are so important.

A: Concept: GAAS is generally accepted auditing standards. It is to be followed by the auditors while…

Q: of any Two updated IFR

A: The field of financial reporting in India has seen major changes in the last 5 years. As the trade…

Q: Explain the three authorized controls

A:

Q: Define First-In, First-Out (FIFO) method.

A:

Q: ugust the following

A: Net sales are calculated by deducting sales discount, sales…

Q: Describe three types of standards and provide examples of each?

A: Three Types of Standards are :-  a) Basic Standards. b) Current Standard. c) Normal Standards

Q: Could someone please explain the DCF model

A: Introduction : Discounted cash flows (also known as discounted cash flows): As discounted cash…

Q: Discuss and give examples on the 3 fundamental information system objectives

A:

Q: What are the three authorization controls?

A: In accounting and auditing, the term internal control indicates to a set of measures intended to…

Q: ease with the following provisions: 'IL

A: Here asked for Multi sub part question we will solve for first question for you.  If you need…

Q: can you do the spreedsheet solution of this?

A:

Q: Controls are classified as general as well as application. Discuss, using appropriate examples, any…

A: Internal Controls: Internal controls are the safeguards put in place within an organization to…

Q: describe the steps in the fi nancial statement analysis framework.

A: Introduction: The analysis of financial statements refers to the method of reviewing and evaluating…

Q: Summarize what are the MACRS guidelines?

A: The MACRS (Modified Accelerated Cost Recovery System) is the current tax depreciation system in the…

Q: What is the LIFO conformity rule?

A: Last-in-First-Out (LIFO): In this method, items purchased recently are sold first. So, the value of…

Q: What is CVP analysis? Give three examples?

A: CVP Analysis:CVP analysis establishes the relation between cost, volume and profit of the company.…

Q: Describe the steps taken to Switch from the DB method to the SL method?

A: Depreciation:- Depreciation is allocating the value of the fixed (long lived) assets over the period…

Q: Explain LIFO method and list three advantages of LIFO method?

A: The inventory in the business can be valued using various methods as LIFO, FIFO and weighted average…

Q: Can you please explain more on the example?

A: Shadow banks facilitate lending using a variety of securitization and secured funding strategies,…

Q: Describe the four basic assumptions underlying GAAP.

A: Generally Accepted Accounting Principles (GAAP): Generally Accepted Accounting Principles are the…

Q: 2. Match each of the following terms with the appropriate definition.

A: Answer:   1. Discounting The process of restating future cash flows in terms of present time value.…

Q: Give three examples of application controls.

A: Internal Controls: Internal controls are the controls established within an organization to check…

Q: Please show the calculations for one of them how the NRV(b is received.

A: IAS 2 - Inventories IAS 2's main goal is to outline the inventory accounting treatment. It gives…