Which of the following facilitates the comparison of financial performance with one period to another period is possible ? a. Consistency Principle b. Historical cost concept c. Matching Concept d. Going concern Assumption

Q: In the percentage of sales approach of financial forecasting, the balancing of assets and…

A: Financial forecasting is a process in which financial analysts estimate and project the financial…

Q: period cost shown in statement of financial position Ture or false

A: Period cost refers to the cost related to the passage of time. Since it is associated with the…

Q: Does the accounting (book) rate of return (ARR) method provide a valid (or, meaningful) measureof…

A:

Q: The ability to meet short-term obligations is termed: A) Profitability B) Solvency C) Efficiency D)…

A: Introduction: Short term period: Short term period means less than one year period.

Q: What is the use and purpose of Financial Performance Measures and Non-financial Performance…

A: Although financial indicators are vital for performance evaluation, many businesses utilize a…

Q: When should a company recognize revenue under GAAP? Multiple Choice When the promised performance…

A: According to generally accepted accounting principles (GAAP), the following two criteria must be…

Q: What type of analysis uses ratio analysis to evaluate equities? A) Technical analysis. B)…

A: Fundamental analysis (FA): It is a technique for estimating a security's intrinsic value by looking…

Q: explain why an analyst attaches great importance to evaluation of the income statement

A: Meaning of Income statement- Income statement is one of the financial statements prepared by…

Q: Gain contingencies are usually recognized in the income statement when: a. realized…

A: Introduction: Contingency relates to the actual situation in which there is a chance of making or…

Q: A responsibility center structure that considers investments made by the operating segments by using…

A: Residual income means  income will receive after completion of the work also. Example : Rental…

Q: Explain and evaluate the eff ects on financial statements and ratios of capitalizing versusexpensing…

A: Capitalizing Costs: When any cost is incurred with respect to any asset which will provide long-term…

Q: Which balance sheet might be most useful to an investor? a. U.S. GAAP balance sheet b. IFRS GAAP…

A: IFRS is principal based.

Q: List and compare all advantages and disadvantages of Payback Period Rule, Average Accounting Return,…

A: Payback rule: The Payback period is the length of time required to recover the initial cost of a…

Q: What information is needed to measure the absolute profitability of a segment?

A: Absolute profitability measures are defined as the measure, which used to impact an overall profits…

Q: Period cost shown in statement of financial position. True or false

A: The period costs are the costs that are incurred in the period they are expensed.

Q: advantages of taking amount (measurement bases)

A: Measurement bases are bases at which elements of financial statements are recognized.

Q: Discuss each group of ratio’s relationship to the balance sheet and income statement. Liquidity…

A: Ratio Analysis is a quantitative tool or method used for gaining insights into a company's…

Q: Which of the following should not be included as an application of the rate of return concept? rate…

A: As per the guidelines, only one question is allowed to be answered so, I am answering question no.…

Q: Identify and differentiate or define the types of

A: There are mainly two types of payback analysis : 1. Payback period 2. Discounted payback period

Q: Which one of the following is most closely related to the net present value profile? A: Payback B:…

A: The net present value method is used to evaluate the investment projects. We can evaluate the…

Q: Explain and evaluate the effects of capitalizing versus expensing costs in the period in which they…

A: Capitalization : When a company incurs any expense, benefit of which will be available for more than…

Q: In accordance with U.S. generally accepted accounting principles, which translation combination is…

A: If the U.S dollar is the functional currency of the subsidiary company then the temporal method as…

Q: ancial health of the given data b

A: Ratio Analysis - The ratio is the technique used by the prospective investor or an individual or…

Q: The internal rate of return method provides a rate of return that approximates:   Both the…

A: The internal rate of return shows the estimated rate of growth in a year from the particular…

Q: comparison of financial performance with one period to another period is possible this is as

A: The accounting info provided by the money statements would be helpful in drawing conclusions…

Q: Requirements: 1. Compute for the Accounting rate of return on initial investment 2. Compute for the…

A: ARR us the average net income that an asset or a project is expected to generate divided by it's…

Q: Explain an example how to calculate accounting rate of return.

A: The accounting rate of return (ARR) is the percentage rate of return expected on investment or asset…

Q: Describe the rules of accounting rate of return.

A: The accounting rate of return (ARR) is the percentage rate of return expected on investment or asset…

Q: How does accounting rate of return (ARR) differ from the internal rate ofreturn (IRR)?

A: Introduction: Capital budgeting is an investment criterion or decision making mechanism for…

Q: Compute the Revenue Effect- Growth Component, indicate if favorable/(unfavorable).

A: The Revenue effect of the Growth component shows the effect of the change in units sold on the…

Q: facilitates the comparison of financial noriod t moth

A: Option a is wrong because historical cost concept suggests to record of assets and liabilities at…

Q: comparison of financial performance with one period to another period is possible this is as a)…

A: Going concern assumption says that business will continue for unlimited number of year. Historical…

Q: Distinguish between ratio analysis and percentage analysis relative to the interpretation of…

A: Financial statement: A record of financial activities and financial position of the company or an…

Q: Under Qualitative Characteristics of Useful Financial Information, which of the following is a…

A: Answer:   Option d.

Q: Define and explain multiple performance obligations.

A: Comment - Multiple Questions Asked Question- 1 Define and explain multiple performance obligations.…

Q: Metrics that are early in the value chain are normally considered to be _____ indicators. a.value…

A: Value chain analysis is analyzing the chain of process which create value to the company

Q: What is net operating income approach, what are the assumptions of this approach. In what…

A: What is net operating income approach, what are the assumptions of this approach. In what conditions…

Q: Gain contingencies are usually recognized in the income statemment when: a.realized b. occurance is…

A: Contingency represents the situation where the gain or loss depends on the event that may or may not…

Q: Which of the following ROIs uses the income computed under the accrual basis? A. Accounting rate…

A: The question is related to Capital Budgeting.

Q: Describe the use of profitability index.

A: Capital investment analysis:   Capital investment analysis is the process by which management…

Q: Match the ratio to the building block of financial statement analysis to which it best relates.A.…

A: Debt to Equity ratio is calculated by the following formula: Debt to Equity = Debt/Equity

Q: C. Liqu

A: Answer: The statement of financial position is useful for analyzing all of the following except…

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.