What is RSA encryption?

Q: FASB ASC 810-10-45-11 states that in some cases parent-entity financial statements may be needed, in...

A: The consolidation of the financial statements is done when the entity holds more than 50% in the inv...

Q: Find the present value of an annuity if $2,200.00 is paid to you at the end of every 2 months for 3 ...

A: Present value is the current worth of future payments to be received from the investment. Formulas: ...

Q: Define product cost variances.

A: Product Cost variances occur when the standard cost is higher or lower than the actual costs They ca...

Q: 3. Selam Eatery operates a catering service specializing in business luncheons for large corporation...

A: Given, Selam Eatery operates a catering service specializing in business luncheons for large corpora...

Q: The data attributes that a particular user has permission to access are defined by the a. operating ...

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Q: Annuel maintenance costs related to its machinery, $71,400 would be an expense in the period occured...

A: Correct Answer: Annual maintenance costs related to its machinery, $71,400 would be accounted for re...

Q: Write short note on a futures contract.

A: Derivatives: Derivatives are some financial instruments which are meant for managing risk and safegu...

Q: Oriole Company deducts insurance expense of $183000 for tax purposes in 2021, but the expense is not...

A: Concept: Deferred Tax Liability When Income Tax Expense is more than Income Tax Liability,when expen...

Q: (Satisfying Performance Obligations) Judy Schaeffer is getting up to speed on the new guidance on re...

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Q: On January 1, 2016, Scutaro Company issued 10-year, $200,000 face value, 6% bonds at par (payable an...

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for y...

Q: Premium ​Fender, which uses a standard cost​ system, manufactured 20,000 boat fenders during 2018​, ...

A: Direct material cost variance is the difference between actual cost incurred and standard cost of ma...

Q: Suppose that Target uses FIFO costing method but decided to change to the LIFOmethod. What are the s...

A: LIFO is the Last-in and First-out method of valuation of Inventory. Under this method, it is assumed...

Q: Accounting Question

A: 1.  The cofficient of variation (CV) is a statistical measure of the standard deviation to the mean....

Q: Product costs are also called Select one: O a. Indirect material costs. O b. Indirect Labor costs. O...

A: Cost are basically divided between two category: 1. Product Costs 2. Period costs   

Q: A transitive dependencya. is a database condition that is resolved through special monitoring softwa...

A: A transitive dependency is a functional dependency where dependency occurs in relation of two or mor...

Q: Al-Firdaus Co. had the following information during 2019: Total Paint Costs R.O. 27,000 Month Factor...

A: High- Low mentod is a way to separate out fixed cost and variable cost. In this method we select hig...

Q: Three years ago American Insulation Corporation issued 10%, $800,000, 10-year bonds for $770,000. Am...

A: Calculate the discount on bond as follows: Discount on bond = face value - issue price Discount on b...

Q: Define under or over applied overhead.

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Q: (Learning Objectives 3, 4: Evaluate business operations; construct and analyze anincome statement, a...

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Q: (Analysis of Various Accounting Changes and Errors) Katherine Irving, controller of Lotan Corp., is ...

A: The change in accounting policy should be shown in Notes to accounts and the Marketing costs should ...

Q: Jake’s Roof Repair has provided the following data concerning its costs:Fixed Cost Cost perper Month...

A: Variance: Variance refers to the different level in the actual cost incurred and standard cost. The ...

Q: Accounting Question

A: A. Correct Change in the fund balance for the general fund for 2017: General fund balance (given) $3...

Q: Under what circumstances do companies recognize revenue at a point in time? Overa period of time?

A:

Q: Partial-Year Depreciation Equipment acquired at a cost of $105,000 has an estimated residual value o...

A: Particulars Amount ($) Cost of Equipment     105,000.00 Residual Value       12,000.00 Useful ...

Q: EX 11-14 Urban Window Company had gross wages of $320,000 during the week ended July 15. The amount ...

A: Payroll: The total payment that a company is required to pay to its employees for the services recei...

Q: The following items were selected from among the transactions completed by Aston Mar-tin Inc. during...

A: The interest on notes payable need to be recognised as interest expenses.

Q: The book basis of depreciable assets for Erwin Co. is $900,000, and the tax basis is $700,000 at the...

A: Deferred tax asset: When the Income Tax Expense account i.e. the estimated income tax amount is more...

Q: Blake Distributors had 100,000 common shares outstanding at the beginning of the year, January 1. On...

A:

Q: Define taxable income

A: Taxable Income: The amount of adjusted gross income that is liable to be taxed is known as taxable i...

Q: King Mattresses sells both mattress sets and bed frames. Last quarter, total sales were $50,000 form...

A: Formula:  ROI = (Profit / Sales) x (Sales / Assets) 

Q: Define the term attest function.

A:

Q: Explain the following assertion: “Price setting generally requires a balance between market forces a...

A: Businesses have to make a lot of decisions in running a business one of which is price setting. They...

Q: Sales Volume, Sales Quantity, and Sales Mix Variances Margot’s Ice Cream operates several stores in ...

A: 1.

Q: Define the term Loss Contingencies.

A: A loss contingency is incurred by the business based on the result of a future event, such as litiga...

Q: How can I translate the following balance sheet using the current-noncurrent method and the monetary...

A: Current and Non-Current Method Current Assets - Assets that are expected to be used and sold within ...

Q: Explain what is meant by the term management by exception (see, for example: www.myaccountingcourse....

A: Management by exception is referred to as a style of business management where the focus is on ident...

Q: Hoot Enterprises buys a warehouse for $590,000 to use for its East Coast distributionoperations. On ...

A: Historical cost principle refers to the original cost of an asset at the time, when the asset is acq...

Q: What is the Ownership rights held by common shareholders?

A: Common stock: These are the ordinary shares that a corporation issues to the investors in order to r...

Q: Profit Planning and What-If Analysis As a newly hired management accountant, you have beenasked to p...

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Q: The following are ledger balances extracted from the books of Forte Enterprise at 31 December 2019. ...

A: