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External link to Question : 80. Panamint Systems Corporation estimating activity costs associated with producing disk : 1227083
Accounting

Question : 80. Panamint Systems Corporation estimating activity costs associated with producing disk : 1227083

    80. Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below.    ActivityCost Activity Base Procurement $  370,000  Number of purchase orders Scheduling   250,000 Number of production orders Materials handling   500,000 Number of moves […]

External link to Question : 137.When calculating the value of a bond using present value : 1244133
Accounting

Question : 137.When calculating the value of a bond using present value : 1244133

137.When calculating the value of a bond using present value techniques, which of the following is not relevant?   a. The dollar amount of the discount or premium b. The present value of a single sum table c. The amount of the periodic interest payment d. The face amount of the bonds       138.On January 2, 20×7, Barham Corporation issued ten-year bonds payable […]

External link to Question : 41.Under a(n) _____, the employer, behalf of the union, automatically : 1243140
Accounting

Question : 41.Under a(n) _____, the employer, behalf of the union, automatically : 1243140

    41.Under a(n) _____, the employer, on behalf of the union, automatically deducts union dues from employees’ paychecks.    A.union shop   B.agency shop   C.fair share provision   D.checkoff provision   E.closed shop     42.Which of the following is the strongest union security arrangement?    A.The agency shop   B.The checkoff provision   C.The fair share provision   D.The union shop   E.The closed […]

External link to Question : 41. The entry to record the completion of a job in : 1208075
Accounting

Question : 41. The entry to record the completion of a job in : 1208075

  41. The entry to record the completion of a job in a job costing system would cause:  A. An increase to the cost of goods manufactured account. B. A decrease to the work in process inventory account. C. An increase to the cost of goods sold account. D. An increase in net income. 42. Reed Company experienced an event that affected its financial statements as indicated below:    Which of […]

External link to Question : 82. Revenues increase owners’ equity because: A. Revenues increase net income which increases : 1229664
Accounting

Question : 82. Revenues increase owners’ equity because: A. Revenues increase net income which increases : 1229664

    82. Revenues increase owners’ equity because:  A. Revenues increase net income which increases retained earnings. B. Revenues are recorded by a credit. C. Of the matching principle. D. The realization principle requires revenues be recognized with an increase to owners’ equity.     83. The reason that both expenses and dividends are recorded by debit entries is that:  A. All dividend and expense transactions involve offsetting credit entries to the […]

External link to Question : 71) On November 1, Phillips Tool and Die Company paid : 1230112
Accounting

Question : 71) On November 1, Phillips Tool and Die Company paid : 1230112

  71) On November 1, Phillips Tool and Die Company paid six months’ insurance in advance totaling $9,000. An adjusted trial balance prepared on December 31 would include a balance in the Prepaid Insurance account of: A) $0. B) $3,000. C) $6,000. D) $9,000.   72) The balance in the Accumulated Depreciation — Machine account at the end of the year is $10,000. The book […]

External link to Question : 41) The ending balance in Work-in-Process Control represents the total : 1217179
Accounting

Question : 41) The ending balance in Work-in-Process Control represents the total : 1217179

  41) The ending balance in Work-in-Process Control represents the total costs of all jobs that have NOT yet been completed.   42) The product cost reported as inventoriable costs to shareholders may differ from product costs reported for government contracting.   43) For external reporting purposes, it is acceptable to allocate marketing costs to individual jobs. 44) Jordan Company has two departments, X and […]

External link to Question : 11) What the cost of goods sold per unit when : 1212191
Accounting

Question : 11) What the cost of goods sold per unit when : 1212191

  11) What is the cost of goods sold per unit when using absorption costing? A) $120 B) $128 C) $150 D) $158 12) What is the gross margin when using absorption costing? A) $675,000 B) $527,500 C) $270,000 D) $337,500   13) What is the operating income when using absorption costing? A) $337,500 B) $312,500 C) $290,000 D) $260,500   14) An favorable production-volume […]

External link to Question : 152.The following selected amounts were extracted from the financial statements : 1244259
Accounting

Question : 152.The following selected amounts were extracted from the financial statements : 1244259

  152.The following selected amounts were extracted from the financial statements of Flamingo Corporation.        Year 4    Year 3    Year 2    Year 1           Net sales $175,000  $170,000  $165,000  $150,000  Cost of goods sold 109,000  104,500  100,500  93,000  Gross margin 66,000  65,500  64,500  57,000    Prepare a trend analysis for net sales, cost of goods sold, […]

External link to Question : 71. When a company uses special journals, the general journal used : 1256313
Accounting

Question : 71. When a company uses special journals, the general journal used : 1256313

    71. When a company uses special journals, the general journal is used for selected transactions and events including:  A. Recording adjusting transactions. B. Posting transactions to special journals. C. Accumulating debits and credits. D. Collecting detailed listings of amounts. E. Recording cash receipts.     72. The ledger that contains the financial statement accounts of a company is the:  A. General ledger B. General journal C. Special ledger D. Special journal E. Column balance ledger […]

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July 1, 2023
    

 

Fill in the Blank Questions

 

16. The SEC has authority to define accounting terms and to prescribe accounting procedures used by all ____________________ held corporations. 

________________________________________

 

17. Financial accounting rules affect the recording of data used to prepare financial reports that go to ____________________ and creditors. 

________________________________________

 

18. Financial information is said to be ____________________ if it can be reviewed by accountants outside the company, and these accountants arrive at the same conclusions as the preparers of the firm's financial statements. 

________________________________________

 

19. Lack of ____________________ would result in financial reports that are not comparable with earlier statements. 

________________________________________

 

20. Revenue should not be recorded until it is ____________________ that is, until new assets are created in the form of money or claims against others. 

________________________________________

 

21. The ____________________ assumption permits the costs of assets purchased many years ago to be added to the costs of newly purchased assets for financial statement reporting. 

________________________________________

 

22. The ____________________ assumption, which assumes that a firm will continue to operate indefinitely, permits carrying forward a portion of the cost of assets that will be used in future periods. 

________________________________________

 

23. An accountant generally assumes that a firm is a(n) ____________________ and will continue to operate indefinitely. 

________________________________________

 

24. If an important fact that would have an effect on an investor's decisions is omitted from the financial statements, the ____________________ principle has been violated. 

________________________________________

 

25. The accountant records an expense for wages earned by employees during the last four days of the year, even though the wages will not be paid in that year. The accountant is following the ____________________ principle. 

________________________________________

 

26. The ____________________ principle requires that if income is to be properly measured, all expired costs associated with the earning of revenue must be deducted from the revenue in the same accounting period. 

________________________________________

 

27. If the ____________________ basis of accounting is used, income is recorded in the period in which it is earned. 

________________________________________

 

28. The ____________________ basis of accounting means that business transactions are recorded based on an "arm's length" transaction in the market. 

________________________________________

 

29. The modifying convention of ____________________ concerns the significance of an item in relation to the particular situation of which it is a part. 

________________________________________

 

30. Because of the modifying convention of ____________________, assets are understated rather than overstated if any uncertainty exists. 

________________________________________

 

 

 

 

 

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July 1, 2023
    

 

Determination of Death / Informed Consent

After studying the course materials located on Module 6: Lecture Materials & Resources page, answer the following:

  1. Uniform Determination of Death Act (UDDA):
    • How this law was created
    • Legal definition of death, describe
  2. Define dying within context of faith, basic principle about human life
  3. Bioethical Analysis of Pain Management - Pain Relief
  4. What is the difference between Pain and suffering? Explain
  5. Diagnosis / Prognosis: define both.
  6. Ordinary / Extraordinary means of life support. Explain the bioethical analysis.
  7. Killing or allowing to die? Define both and explain which one is ethically correct and why?
  8. Catholic declaration on life and death; give a summary of this document: https://flacathconf.org/documents/2018/11/CDLD.pdfLinks to an external site.
  9. What is free and informed consent from the Catholic perspective?
  10. Define Proxi, Surrogate
  11. Explain:
    • Advance Directives
    • Living Will
    • PoA / Durable PoA
    • DNR
  12. Read and summarize ERD paragraphs #: 24, 25, 26, 27, 28, 55, 59, 61, 62.

Submission Instructions:

  • The paper is to be clear and concise and students will lose points for improper grammar, punctuation, and misspelling.
  • If references are used, please cite properly according to the current APA style. Refer to your syllabus for further detail or contact your instructor.
default image
July 1, 2023
    

 

Determination of Death / Informed Consent

After studying the course materials located on Module 6: Lecture Materials & Resources page, answer the following:

  1. Uniform Determination of Death Act (UDDA):
    • How this law was created
    • Legal definition of death, describe
  2. Define dying within context of faith, basic principle about human life
  3. Bioethical Analysis of Pain Management - Pain Relief
  4. What is the difference between Pain and suffering? Explain
  5. Diagnosis / Prognosis: define both.
  6. Ordinary / Extraordinary means of life support. Explain the bioethical analysis.
  7. Killing or allowing to die? Define both and explain which one is ethically correct and why?
  8. Catholic declaration on life and death; give a summary of this document: https://flacathconf.org/documents/2018/11/CDLD.pdfLinks to an external site.
  9. What is free and informed consent from the Catholic perspective?
  10. Define Proxi, Surrogate
  11. Explain:
    • Advance Directives
    • Living Will
    • PoA / Durable PoA
    • DNR
  12. Read and summarize ERD paragraphs #: 24, 25, 26, 27, 28, 55, 59, 61, 62.

Submission Instructions:

  • The paper is to be clear and concise and students will lose points for improper grammar, punctuation, and misspelling.
  • If references are used, please cite properly according to the current APA style. Refer to your syllabus for further detail or contact your instructor.
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