Which of these more accurately corresponds to your understanding of a job descriptioh?
Q: ABC acquired a patent on an oil extraction technique on January 1, 2018 for $12,000,000. It was expe...
A: Note: Impairment is not done for the intangible assets i.e Patent, trademark etc. Annual amortizatio...
Q: A company that sells its single product for P40 per unit had after-tax net income for the past year ...
A: Hi student Since there are multiple questions, we will answer only first question.
Q: Which financial statement shows the financial performance of the company on a cash basis?A. balance ...
A: Financial statements are those reports and statements that are prepared at the end of accounting per...
Q: Comparison between ABC and Traditional costing
A: Traditional costing is also written as volume based costing. Under this method, overheads are alloca...
Q: Holiday Creations, Incorporated, sold 36,000 units, total sales were $144,000, total variable expens...
A: In Variable Costing we find contribution margin by deducting per unit vari...
Q: On August 31, 2022, Jackie agreed to purchase a parcel of land for P1,000,000 which the seller consi...
A: Capital gain refers to the income earned by selling a capital asset over and above its indexed cost ...
Q: Ifa company issues common stock for $41100 and uses $29300 of the cash to purchase a truck, O assets...
A: Formula: Accounting equation : Assets = Liabilities + Owners equity
Q: Need asap please and thank you. Cullumber Company provides you with the following balance sheet inf...
A: Lets understand the basics. Working capital means a capital which is required to fulfil the day to d...
Q: Trenton Company has two departments (Processing and Packaging) and uses a job-order costing system. ...
A: The predetermined overhead rate is calculated as estimated overhead cost divided by estimated base a...
Q: Tyler Corp has the following budgeted sales for the first 4 months of next year: January $80,000 $35...
A: Amount collected from December sales in the month of January = $132,000 × 30%40% = $99,000
Q: ckie derives its sole income from Zhakie. Said income is normally subject to withholding taxes. Jack...
A: There certain exemption to the tax expenses but they may be allowed for deduction to taxes but some ...
Q: Bulldogs Inc.’s capital structure consists entirely of long-term debt and common equity. The cost of...
A: Calculation of Proportion of Debt in the capital Structure Proportion of Debt = 100% - proportion ...
Q: e fo
A: Tax refers to the mandatory charge levied by the government over the income gained by an entity.
Q: A company purchased a computer system on January 1, 2021 for $ 1,600,00 and sold it one year later o...
A: Formula: Straight line method depreciation expense = ( Asset cost - Salvage value ) / Useful life ye...
Q: Which "view" gives you the ability to drop and drag fields to create relationships between tables? R...
A: In a Relationship View, we can create relationships between tables.
Q: 7....Stellar Industries and Pearl Inc. enter into an agreement that requires Pearl Inc. to build thr...
A: Calculation of depreciation Building cost = $2362000 / 10 years = 236200 Statement of lease ...
Q: rchase a new car, the “stic
A: Here the purchase includes FOB destination.
Q: A credit sale of $3.,500 is made on July 15, terms 2/10, n/30, on which a return of $200 is granted ...
A: Formula: Net sales = Sales - sales returns and allowances
Q: SD acquired the net assets of both GM and SR. Paying cash in the amount of P185,000 and by issuing 1...
A: After the merger, the retained earnings of the acquired company become retained earnings of the pare...
Q: Give its worksheet from the given trial balance ACCOUNTS TITLE DEBIT CREDIT Cash in Bank 76,200...
A: Worksheet is a 10 column sheet under which first all unadjusted general ledger balances are shown, t...
Q: 6 Budgeted October ending Accounts Receivable (Net) would be: A. 2$ В. 97,500 113,500 298,500 311,50...
A: Disbursements are also written as payment. It is calculated by adding all the payments made during t...
Q: Present value of decommissioning and restoration costs are capitalized as PPE and with a correspondi...
A: Decommissioning cost is the cost which will be incurred when the asset useful life is over or when t...
Q: During one of his rallies, Jackie, a candidate for presidency, claimed that his main platform is to ...
A: Following is the correct answer
Q: Please describe the reporting of preferred stock consistent with the U.S. GAAP
A: Preferred stock is generally recorded at fair value and should be recognised on its settlement date ...
Q: ancial report
A: Financial reporting refers to the concept of evaluating and formulating all the documents of the com...
Q: Tat Manufacturing Corporation uses a standard cost system with machine-hours as the activity base fo...
A: Computation of the variable overhead efficiency variance is as follows: Formula: Variable overhead e...
Q: What is the role of accountant in setting the price of the goods or services?
A: Price of product shows the amount of product that the seller is willing to offer to the buyer.
Q: manufacturing company applies factory overhead based on direct labor hours. At the beginning of the ...
A: Solution: Applied overhead is the overhead which is applied to production based on predetermined ove...
Q: 2. CVP analysis allows management to determine the relative profitability of a product by * Keeping ...
A: CVP Analysis is one of the cost volume profitability analysis which shows changes in profits level o...
Q: An asset manager's responsibilities would NOT include decisions pertaining to Group of answer choice...
A: Assets- The term "asset" refers to all of a company's resources that it anticipates in creating reve...
Q: Farah operates service apartment. She just received the 31 May 2020 bank statement from National Ban...
A: Bank reconciliation: It is a statement drawn up by the business to verify the cash book balance with...
Q: Janie graduates from high school in 2020 and enrolls in college in the fall. Her parents (who file a...
A: American Opportunity tax credit is the credit for qualified education expenses, eligible for student...
Q: What is the amount of gain or loss to be recognized by WAVY Company in its income statement as a res...
A: Reclassification of the asset means that the assets value has to be revalued so that the current val...
Q: The income statement debit column of the worksheet showed the following expenses: $1,000 Supplies Ex...
A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in...
Q: On January 1, 2021, ABC Corporation was authorized to issue 2 classes of stocks: 50,000 preference s...
A: Delinquent: Delinquency is a situation or condition when a party has failed to pay a scheduled liabi...
Q: Monty Corp. uet 1900 S, vea. L000 bonds dated anuary 1. 2022. at face value. terest in pait each lar...
A: Journal entries are foundation for accounting transactions of the entity where it involves an debit ...
Q: Juliana, Inc. leased a piece of commercial land to Ken Corp. for ten years starting January 1, 2022....
A: Under a Spread Method leased Asset income, improvement value would be considered on the basis of end...
Q: Accounting Equation The total assets and total liabilities (in millions) of ABC Corporation and XYZ ...
A: Lets understand the basics. As per balance sheet equation, total asset is always equal to equity plu...
Q: On January 1, 2022, Lucas Company acquired 85% of outstanding shares of Luna Corp. The consideration...
A: Solution Non controlling interest is a scenario in which a shareholder holds less than half of the o...
Q: Question 3 The following are examples of operating cash flows, EXCEPT: O Lease payments O Licensing ...
A: Cash flow statement is the summary showing the cash receipts and payments in relation to financing, ...
Q: On January 1, 2019, Carson Inc sold used equipment with a cost of S15,000 and a carrying amount of $...
A: ANSWER On January 1, 2019, Carson Inc sold used equipment with a cost of S15,000 and a carryingamo...
Q: Data concerning NikNik Corporation's activity for the 6 months appear below: Machine Electrical Cost...
A: High low method is a method of cost estimation under which variable costs and fixed costs are being ...
Q: Kyle, a single taxpayer, worked as a freelance software engineer for the first three months of 2021....
A: Answer:- FICA Tax definition: - FICA stands for the Federal Insurance Contribution Act. It is basic...
Q: Jackie is curious why the lawmakers provided for the 6% CGT to be in the form of a final withholding...
A: For Transfer of Real estate Asset or any other capital asset transferred to the buyer, when titles a...
Q: On January 1, 2017, Ashlock Chemical issued RM4,000,000, 10%, 10-year bonds at RM4,543,627. This pri...
A: The journal entries are prepared to keep the record of day to day transactions of the business. Th...
Q: Required: a) Compute Exclusive Souvenirs predetermined manufacturing overhead rate for 2020. State t...
A: Exclusive Souvenir's Hut customizes handcrafter memorabilia for hotels and follows job costing metho...
Q: (iii) The Accounts Receivable presented in the Angel Company's Statement of Financial Position at 12...
A: Uncollectible accounts receivables are those accounts receivables to whom business has made credit s...
Q: ports Socks has a policy of always paying within the discount period and each of its suppliers provi...
A: ACCOUNTS PAYABLE; is an accounting entry that is recorded in the balance sheet. they are paid after ...
Q: Which of the following is an option for consolidating data into one table or worksheet? Use the VLOO...
A: This is a Multiple Choice Question in which we have to select the correct option.
Q: Parent Company acquired 15% of Subsidiary Company’s common stock for P500,000 cash and carried the i...
A: Acquisition of 15% share value is P500,000 The parent company has the 60% of shares in the subsidiar...
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- 4-What is the purpose of job posting? To add challenge to the job To communicate the fact that job openings exist To inform employees of job duties To recruit applicants for training and development.- What do a group of tasks that must be performed if an organization is to achieve its goals constitute? Job Position Job description Position descriptionA comprehensive job analysis approach that concentrates on the interactions among the work, the worker, and the work organization is referred to as position analysis questionnaire management position description questionnaire. guidelines oriented job analysis. functional job analysis.
- which one is correct please confirm? QUESTION 16 A good operational plan incorporates a plan for ____________. a. the unionization of its business b. a solid organizational chart with detailed job descriptions c. the resources a firm will need to obtain its objectives d. All of these are correctWhat is a job order cost system? Describe a situation in which you would use job order cost information. What type of information is useful in making your decision?Please read Chapter 2 and then answer the following question Describe how a job order cost system can be used for professional service businesses.
- 7-Organizations that seek the most-qualified executive available for a specific position and are generally on assignment from the company needing a specific type of individual are referred to as employment agencies. job fairs. progressive search firms. executive search firms.All of the following are examples of managerial accounting activities except ________. A. preparing external financial statements in compliance with GAAP B. deciding whether or not to use automation C. making equipment repair or replacement decisions D. deciding whether or not to use automationWhen managerial accountants design an evaluation system that is based on criteria for which a manager is responsible, and it is structured to encourage managers to make decisions that will meet the goals of the company as well as their own personal job goals, the framework used is _______. A. a controllable factors framework B. an uncontrollable factors framework C. a strategic plan framework D. a responsibility accounting framework
- Do you think that a Managerial Accountant, responsible for manufacturing operations, would work on making sure the three categories accurately reflect reality? Or is that the job of the folks back in Accounting?prove or disprove the statement planning is everyones job in the oraganization including those in the non management level or the employees explaina. what quantitative/qualitative factors would you use for performance management? b. how well does your current workplace performance management system actually measure performance? c. which performance measures are present or missing?
