External link to Question : 105.Which of the following not part of the sales activity : 1258449

Question : 105.Which of the following not part of the sales activity : 1258449

  105.Which of the following is not part of the sales activity in the flow of manufacturing activities?    A. Beginning Finished Goods Inventory B. Cost of goods manufactured C. Total Finished Goods available for sale D. Ending Work in Process Inventory E. Total finished goods available for sale 106.A manufacturing company has a beginning finished goods inventory of $14,600, raw material purchases of $18,000, cost of goods manufactured of $32,500, […]

External link to Question : 21) Which of the following statements best defines the standard : 1222542

Question : 21) Which of the following statements best defines the standard : 1222542

  21) Which of the following statements best defines the standard of client interest as per the consulting service standards contained in SSCS No. 1? A) It requires a member to inform the client of conflicts of interest, significant reservations regarding the scope and benefits of the engagement, and significant findings. B) It induces members to disclose any confidential client information without the specific consent […]

External link to Question : 91. An employer’s federal unemployment taxes (FUTA) reported: A. Annually. B. Semiannually. C. Quarterly. D. Monthly. : 1225195

Question : 91. An employer’s federal unemployment taxes (FUTA) reported: A. Annually. B. Semiannually. C. Quarterly. D. Monthly. : 1225195

  91. An employer’s federal unemployment taxes (FUTA) are reported:  A. Annually. B. Semiannually. C. Quarterly. D. Monthly. E. Weekly. 92. A merit rating:  A. Is assigned by the state. B. Reflects a company’s stability or instability in employing workers. C. Adjusts the employer’s SUTA tax rate. D. Affects state unemployment taxes paid by an employer. E. All of these. 93. Employer payroll taxes:  A. Are an added expense beyond the wages and salaries earned by employees. B. Represent the […]

External link to Question : 121. During the month of July, Clanton Industries issued a check : 1257948

Question : 121. During the month of July, Clanton Industries issued a check : 1257948

    121. During the month of July, Clanton Industries issued a check in the amount of $845 to a supplier on account. The check did not clear the bank during July. In preparing the July 31 bank reconciliation, the company should: A. Deduct the check amount from the book balance of cash.B. Add the check amount to the book balance of cash.C. Deduct the check amount from the bank […]

External link to Question : 51. Which of the following costs incurred by a paper manufacturer : 1233789

Question : 51. Which of the following costs incurred by a paper manufacturer : 1233789

  51. Which of the following costs incurred by a paper manufacturer would be included in the group of costs referred to as conversion costs? A. Advertising costsB. Raw lumber (direct materials)C. Machine operator’s wages (direct labor)D. Sales salaries 52. Which of the following costs incurred by a paper manufacturer would NOT be included in the group of costs referred to as conversion costs? A. Factory supervisor’s salaryB. Machine operator’s wages (direct labor)C. Raw lumber (direct […]

External link to Question : SHORT ANSWER. Write the word or phrase that best completes each : 1196060

Question : SHORT ANSWER. Write the word or phrase that best completes each : 1196060

  SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. 71) Write a linear cost function equation for each of the following conditions. Use y for estimated costs and X for activity of the cost driver.   a.Direct manufacturing labor is $10 per hour. b.Direct materials cost $9.20 per cubic metre. c.Utilities have a minimum charge of $1,000, […]

External link to Question : 11.During its first year of operations, Connor Company paid $50,000 : 1257004

Question : 11.During its first year of operations, Connor Company paid $50,000 : 1257004

    11.During its first year of operations, Connor Company paid $50,000 for direct materials and $36,000 in wages for production workers. Lease payments and utilities on the production facilities amounted to $14,000. General, selling, and administrative expenses were $16,000. The company produced 5,000 units and sold 4,000 units for $30.00 a unit. The average cost to produce one unit is which of the following […]

External link to Question : 147. The adjustment necessary at December 31, Year 1 (if any), : 1229348

Question : 147. The adjustment necessary at December 31, Year 1 (if any), : 1229348

    147. The adjustment necessary at December 31, Year 1 (if any), related to this bond issue involves:  A. Recognition of interest expense of $3,600,000. B. Recognition of interest expense of $1,800,000. C. Payment of cash of $1,800,000. D. There is no adjustment necessary.     148. With respect to this bond issue, Cricket Corporation’s balance sheet at December 31, Year 1, will include:  A. Bonds payable of $61,800,000. B. Bonds payable […]

External link to Question : 81. Which of the following statements True? A. Interest bonds tax deductible. B. Interest bonds : 1225296

Question : 81. Which of the following statements True? A. Interest bonds tax deductible. B. Interest bonds : 1225296

  81. Which of the following statements is True?  A. Interest on bonds is tax deductible. B. Interest on bonds is not tax deductible. C. Dividends to stockholders are tax deductible. D. Bonds do not have to be repaid. E. Bonds always increase return on equity. 82. A bondholder that owns a $1,000, 10%, 10-year bond has:  A. Ownership rights in the issuing company. B. The right to receive $10 per year until maturity. […]

External link to Question : 125. The proper sequence for the steps in the accounting cycle : 1227147

Question : 125. The proper sequence for the steps in the accounting cycle : 1227147

    125. The proper sequence for the steps in the accounting cycle is a follows  A. analyze and record transactions, post transaction to the ledger, prepare a trial balance, prepare financial statements, journalize closing entries, analyze adjustment data and prepare adjusting entries B. prepare a trial balance, analyze adjustment data, prepare adjusting entries,  prepare financial statements, journalize closing entries and post to the ledger, analyze and record […]

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