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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- O estion 2: Explain with examples how does the Job Characteristic Model (JDM) helps in achieving job satisfaction?What is one objective of an appraisal program? O a. having the employees feel more valued b. determining pay levels for different job types O C. identifying the knowledge, skills, and abilities required to be successful in a job O d: providing a supervisor the opportunity to show his/her superior how well their employees are performing- What do a group of tasks that must be performed if an organization is to achieve its goals constitute? Job Position Job description Position description
- What is the process of searching for prospective employees and stimulating them to apply for the jobs in the organization? O a. Selection O b. Placement O C. Training O d. RecruitmentWhat is the main relationship between motivation and the job satisfaction?A structured job analysis questionnaire that uses a checklist approach to identify job elements is referred to as position analysis questionnaire. management position description questionnaire. guidelines oriented job analysis. functional job analysis.
- The setting of standard is a/ a worker decision b/ a management decision c/ a managerial accounting decision d/ preferably set at the idea level of performance.a. 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?What 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?
- Identify the following features as applying more to job order operations (J), process operations (P),or both job order and process operations (B). Cost object is a process.What is the importance of the job ticket? Illustrate, through a program flowchart, the flow of job ticket and its information from inception to impact on the financial statements.What are the types of work performed, the overall areas of focus, and/or other relevant information that would inform someone about a cost accounting career?