ACCT 3221 - Income Tax Accounting Assignment

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Reference no: EM132459091

ACCT 3221 - Income Tax Accounting Assignment - Louisiana State University, USA

Q1. A government agency is responsible for approving all the construction permits for all the state healthcare related facilities. Annually, the agency receives about 350 permits. The permits await assignment to an agent who has to approve the project once all the requirements are satisfied. A year is considered 250 calendar days. The process map is shown. On average how many permits are submitted per day?

A. 1.4 permits

B. 1 permit

C. 350 permits

D. 250 permits

Q2. A government agency is responsible for approving all the construction permits for all the state healthcare related facilities. Annually, the agency receives about 350 permits. The permits await assignment to an agent who has to approve the project once all the requirements are satisfied. A year is considered 250 calendar days. The process map is shown. On average how many permits are awaiting assignment?

A. 350 permits

B. 14 permits

C. 61.6 permits

D. 75.6 permits

Q3. A government agency is responsible for approving all the construction permits for all the state healthcare related facilities. Annually, the agency receives about 350 permits. The permits await assignment to an agent who has to approve the project once all the requirements are satisfied. A year is considered 250 calendar days. The process map is shown ). On average how many permits are in the approval process?

A. 350 permits

B. 14 permits

C. 61.6 permits

D. 75.6 permits

Q4. A government agency is responsible for approving all the construction permits for all the state healthcare related facilities. Annually, the agency receives about 350 permits. The permits await assignment to an agent who has to approve the project once all the requirements are satisfied. A year is considered 250 calendar days. The process map is shown. On average how long does it take the agency to issue the permit (total time)?

A. 10 days

B. 44 days

C. 54 days

D. 250 days

Q5. A government agency is responsible for approving all the construction permits for all the state healthcare related facilities. Annually, the agency receives about 350 permits. The permits await assignment to an agent who has to approve the project once all the requirements are satisfied. A year is considered 250 calendar days. The process map is shown. On average how many permits are with the agency (awaiting assignment and approval process)?

a. 350 permits

b. 14 permits

c. 61.6 permits

d. 75.6 permits

Reference no: EM132459091

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