What do you think is the difference between claims and entitlements?

Q: Companies that use OSD can deduct the cost of sales or the cost of services. Is it true or false

A: Business activities in every country are governed by certain Business laws that have direct…

Q: Among time basis and piece rate basis of wages payment which one will be beneficial for a less…

A: Hi student Since there are multiple questions, we will answer only first question.

Q: is amortization of patent included in statement of costs of goods manufactured?

A: The income earned by a corporation after deducting the direct costs of manufacturing its products is…

Q: How is the total payment under a unit-price contract determined? When is such a contract likely to…

A: Unit price contract is a common pricing contract which is based on each unit or task of the…

Q: difference between Wages and Salary?

A: Wages and salaries are the remuneration paid to the employees by the employer for their contribution…

Q: circumstances where the agent is granted compensation ?

A: The agents are appointed to perform or execute the functions on behalf of the principles, their…

Q: you owned a business how would you go about creating a decrease in the required reserved

A: Reserve ratio is portion of deposit to that bank should maintain in federal bank account.So that is…

Q: What is fair value accounting?

A: The accounting is a process to identify the transactions, classify and record the transactions and…

Q: What is meant by the statement, ‘‘Inventories camouflage production problems and can cause…

A: Production: Production activity consist use of fixed and variable resources to produce final…

Q: A key limitation of Baumol’s model is the fact that substitution between labor and capital takes…

A: Baumol hypothesis explains the logic of unbalanced growth in public and private sector

Q: How incrising minimun wages affect compensation ?

A: Raising the minimum wage would make it more expensive to hire low-paid workers as it would be…

Q: Companies that use OSD can deduct the cost of goods sold or the cost of care provided

A: This law allows taxpayers to deduct 40% as standard deduction in computation of net taxable income.…

Q: Why is it difficult to assign a dollar figure to an intangible cost? Can it ever be done? Explain…

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Q: is this still applicable if the company uses cost model?

A: Under cost model, the property is recorded at cost less accumulated depreciation and impairment…

Q: Why do we include all the incidental charges relating to the acquisition of a machine in its cost?

A: When a machine is acquired, it needs to be capitalized as fixed assets and depreciation needs to be…

Q: the difference in the performance of various firms within an industry limit the usefulness of…

A: The aim of conducting Industry analysis is to identify opportunities in which the investor can put…

Q: Can a project generate a negative taxable income for an operation firm?

A: A company that reports net income but negative cash from operations is attributable to a bad cash…

Q: What are the pitfalls of franchising?

A: Franchising is a licensing that one party takes from the business owner. It allow that party to…

Q: Explain why product costs are capitalized but period costs are expensed in the current accounting…

A: Product Cost The cost of the goods refers to a price paid to manufacture a product. It requires…

Q: Explain how hazards will help reduce the impact of loss in a company?

A: Loss is referred to as the decrease in net income in an financial terms, which is outside the normal…

Q: What costs must gross profit cover for Superior Construction? The gross profit must cover these…

A: Gross Profit: Gross profit is the amount of money a company earns after deducting all of the…

Q: What is the difference between gross pay and net pay?

A: Gross pay: The total amount such as salary, wages, commissions, overtime, and bonus paid by the…

Q: How has the move to producing standard furniture affected the com-pany’s financial structure?

A: Accounting & Finance of company not showing the profits what they should be.  The investments of…

Q: What does Compensation for employee services includes?

A: Introduction Compensation is the cash paid to employees for their service that they provided for the…

Q: Certain industries have difficulty taking care of the earth (Oil&Gas, Construction, Chemicals,…

A: The TBL framework incorporates three broad aspects - social, environmental and financial. Hence the…

Q: According to the information above, which company is undervalued? Why?

A: Since the market price of Dunkin;s conuts should be $48.96 but actual price is $48.85,so the…

Q: What is the unit cost below which Power Pack Company should not go in bidding on the government…

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Q: Companies that use OSD can deduct the cost of goods sold or the cost of services provided. Is it…

A: Business activities in every country are governed by certain Business laws that have direct…

Q: What is the procedure of the determination of economic service life?

A: Determination of economic service life: Capital costs and the costs of operating and running an…

Q: Cite a specific example of non-value added activity that can be eliminated in a particular industry.…

A: NVA activities are tasks that do not add to the shape or function of the market. Filing, copying,…

Q: Describe workers' compensation and explain why it is important.

A:

Q: What is law of Indemnity? Explain the rights and duties of indemnifier and indemnity holder with…

A: The law of indemnity specifies that a person takes the guarantee of any act of the party that causes…

Q: External failure costs include all of the following costs except those related to: a. Lost sales and…

A: Internal failure costs are quality costs incurred as a result of product problems recognized before…

Q: What is a reasonably foreseeable use of a productand why is it important to companies?

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Q: Should a company allow the owners to use the resources as they see fit?

A: solution : Should a company allow the owners to use the resources as they see fit?…

Q: a company price goods below costs

A:

Q: What does the expression “marginal product of labour” mean ? Why do workers (skilled and unskilled)…

A: marginal product of labour is concept of economics. this concept is generally used in economics when…

Q: What are “initial direct costs” and how are they accounted for by lessees and lessors?

A: Initial Direct Costs: Initial direct costs refer to the costs that a lessor incurs directly while a…

Q: What are the repercussions of taking profit before the contracting company's obligations have…

A: Financial obligations are the obligations, which are referred to as the responsibility of an…

Q: What is factory equipment an example of? A. A liability  B. Revenue C. An expense  D. An asset

A: Answer -    Meaning of Asset - An asset is a resource that owned or controlled by a company which…