91. Equipment with a cost of $160,000 has an estimated residual value of $10,000 and an estimated life of 5 years or 12,000 hours. It is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year, during which the equipment was used 3,300 hours? A. $30,000 B. $32,500 C. $34,000 D. $40,000 92. A machine with a cost of $65,000 has an […]
46.The salaries of employees who spend all their time working in one department are: A.Variable expenses. B.Indirect expenses. C.Direct expenses. D.Responsibility expenses. E.Unavoidable expenses. 47.A challenge in calculating the total costs and expenses of a department is: A.Determining the gross profit ratio. B.Assigning direct costs to the department. C.Allocating indirect expenses to the department. D.Determining the amount of sales of the department. E.Determining the […]
81. U.S. GAAP and IFRS require complex procedures in accounting for income taxes. A deferred tax asset arises when A. a firm recognizes an expense earlier for financial reporting than for tax reporting. B. a firm recognizes an expense earlier for tax reporting than for financial reporting. C. a firm recognizes a revenue earlier for financial reporting than for tax reporting. D. a firm recognizes a revenue […]
59.Private colleges and universities are (primarily) subject to financial reporting standards issued by? A) GASB. B) FASB. C) AICPA. D) None of the above. 60.Public colleges and universities are (primarily) subject to financial reporting standards issued by: A) GASB. B) FASB. C) AICPA. D) None of the above. 61.Private universities follow the authoritative standards of _____ and use the _____ basis of accounting. A) […]
104.If the indirect method is used to prepare a statement of cash flows, which of the following would be deducted from net income to arrive at net cash flows from operating activities? a. Increase in income taxes payable b. Increase in accrued liabilities c. Decrease in prepaid expenses d. Increase in accounts receivable 105.If the indirect method is used to prepare […]
Multiple Choice Questions 31.Which of the following statements is not correct? A.In accounting, the term “cash” includes checks, money orders, and funds on deposit in a bank as well as currency and coins. B.The cash register proof is used to enter the cash sales and sales tax in the journal. C.In a well managed business, most bills are paid by cash. D.The petty cash […]
Multiple Choice Questions 56. The statement of cash flows reports: A. Assets, liabilities, and equity. B. Revenues, gains, expenses, and losses. C. Cash inflows and cash outflows for an accounting period. D. Equity, net income, and dividends. E. Changes in equity. 57. The statement of cash flows reports all but which of the following: A. Cash flows from operating activities. B. Cash flows from financing activities. C. Cash flows from investing activities. […]
51. Wilson Company applies overhead based on direct labor cost. During 2012, Wilson Company estimated that it would incur $90,000 in manufacturing overhead costs and $60,000 of direct labor costs. In 2012, actual manufacturing overhead cost totaled $75,000 and actual direct labor costs totaled $55,000. If total manufacturing costs were $160,000, what amount of direct materials was used during the period? A. $15,000 B. $30,000 C. $22,500 D. None […]
161. Materials used by Square Yard Products Inc. in producing Division 3’s product are currently purchased from outside suppliers at a cost of $5 per unit. However, the same materials are available from Division 6. Division 6 has unused capacity and can produce the materials needed by Division 3 at a variable cost of $3 per unit. A transfer price of $3.20 per unit is […]
136.Mercury Company reports depreciation expense of $40,000 for Year 2. Also, equipment costing $150,000 was sold for its book value in Year 2. The following selected information is available for Mercury Company from its comparative balance sheet. Compute the cash received from the sale of the equipment. A.$32,000. B.$68,000. C.$38,000. D.$40,000. E.$36,000. 137.Jamison Company reports depreciation expense of $35,000 for Year 2. Also, equipment […]
As a mental health worker, it is essential to understand the family systems: Individuals and their roles and boundaries. This assignment will help you understand how to analyze a family system.
Cite two to four sources (in addition to the textbook) to support your answers.
After viewing the What’s Eating Gilbert Grape film and reading the “What’s Eating Gilbert Grape Case Study,” answer the following prompts:
Explain how the family of origin dynamics caused the family structure of Gilbert’s family (200-250 words).
Explain what the viewer doesn’t know about Gilbert’s family (200-250 words):
Hypothesize about what leads to the mental health/social issues in Gilbert’s family (100-150 words):
Suicide
Obesity
Poverty
Sexual promiscuity
Using Gilbert’s family system, select three of the following of Bowen’s theories and explain how they are present in the Gilbert’s family. Provide examples (75-100 words each):
Triangles
Nuclear Family Emotional Process
Family Projection Process
Multigenerational Transmission Process
Differentiation of Self
Sibling Position
Emotional Cutoff
Emotional Process in Society
Lastly, imagine Gilbert Grape approached you to assist his family as their mental health worker:
Explain your approach to providing treatment for this family. What preliminary steps would you take to begin your assessment of this family? Why? (400-500 words)
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