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To what extent do you consider the following items to be proper costs of the fixed asset? Give reasons for your opinions.
(a) Overhead of a business that builds its own equipment.(b) Cash discounts on purchases of equipment.(c) Interest paid during construction of a building.(d) Cost of a safety device installed on a machine.(e) Freight on equipment returned before installation, for replacement by other equipment of greater capacity.(f) Cost of moving machinery to a new location.(g) Cost of plywood partitions erected as part of the remodeling of the office.(h) Replastering of a section of the building.(i) Cost of a new motor for one of the trucks.
you are the manager of an accounting department and would like to hire another managerial accountant to focus on
Calculate category of quality costs as a percentage of sales and calculate total quality costs as a percentage of sales.
Identify and describe the Governmental funds and identify the basis of accounting used in accounting for the funds and the financial reports for these activities.
ABC has the following budgeted costs at its anticipated production level (expressed in hours):
A business makes a principle payment of cash on a note payable. The note payable was originally issued for the purchase of equipment. Which of the following occurs?
which accounting process is the recognition or non-recognition of business activities as accountable events?
The auditor's judgment concerning the overall fairness of the presentation of financial position, results of operations, and cash flows is applied within the framework of :
What is Bluebird's deemed paid foreign tax credit related to the dividend received (before consideration of any limitation)?
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Fact Pattern for Questions 11 and 12 multiple choice questions
Review the provisions of the Sarbanes-Oxley Act which was created in 2002 to address the accounting scandals in the late 90s early 00s (Enron, WorldCom, etc.). Identify the provisions that you feel made the biggest impact.
The company has 10 million shares of stock outstanding. What is the best estimate of the stock's price per share? show your calculation.
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