31) How many deliveries will be required at the economic-order quantity level? 31) ______ A) 36.5 deliveries B) 41.6 deliveries C) 17.7 deliveries D) 52.3 deliveries E) 18.9 deliveries 32) The level of inventory which should trigger a new order is called 32) ______ A) the customer demand level. B) the reorder point. C) the supply equal demand level. D) the stockout level. E) […]
31.The _____ margin is calculated as the number of units sold times the contribution margin. A.holding cost B.gross C.profit D.fixed cost E.overhead rate 32._____ refers to what is left after a firm pays its variable costs and fixed costs. A.Contribution margin B.Overhead cost C.Profit D.Variance E.Holding cost 33.A _____ workforce describes […]
21. Interest is: A. Time. B. A borrower’s payment to the owner of an asset for its use. C. The same as a savings account. D. Always a liability. E. Always an asset. 22. Which interest rate column would you use to determine the factor from a present value table or a future value table for 8% compounded quarterly? A. 12% B. 6% C. […]
101. When referring to a note receivable or promissory note A. the maker is the party to whom the money is due. B. the note is not considered a formal credit instrument. C. the note cannot be factored to another party. D. the note may be used to settle an accounts receivable. 102. When a company receives an interest-bearing note receivable, it will A. debit Notes Receivable for the maturity value […]
63. When would a special revenue fund be deemed to have satisfied the eligibility requirement of a reimbursement-type federal grant, under GASB Statement 33? A)Only as qualified expenditures are completed. B)When a plan for use of the funds has been developed and approved. C)Only after work is completely finished for the project. D)When the grant is first approved by the granting agency. 64. The […]
104. The Aphrodite Manufacturing Company reports the following information related to its only pension plan for 2009 (amounts in millions). Pension Plan Assets, Beginning of 2009.. . . . . . . . . . . . . . . . . . . . . . . . . . . $43,484 Plus Actual Return on Investments . . . . . . . […]
81.Funds other than the General Fund must be considered a major fund when A)total assets, liabilities, revenues, or expenditures/expenses of that fund constitute 10 percent of either the governmental or enterprise category. B)total assets, liabilities, revenues, or expenditures/expenses of that fund are 5 percent of the total of the governmental and enterprise category. C) conditions of either A or B exist. D) conditions of […]
75.The Bell Corporation had a balance in its Equipment account on January 1, 2013 of $325,000. During the year, equipment originally costing $85,000 and having Accumulated Depreciation of $20,000 was sold for $67,000. The ending balance of the Equipment Account was $275,000. How much did the company spend to purchase additional equipment during 2013? A. $20,000 B. $35,000 C. $85,000 D. $87,000 76.Garcia Company sold equipment for $50,000 […]
71. The accounts receivable turnover is calculated by: A. Dividing net sales by average accounts receivable. B. Dividing net sales by average accounts receivable and multiplying by 365. C. Dividing average accounts receivable by net sales. D. Dividing average accounts receivable by net sales and multiplying by 365. E. Dividing net income by average accounts receivable. 72. A company has net sales of $870,000 and average accounts receivable […]
91. If Department H had 600 units, 60% completed, in process at the beginning of the period, 8,000 units were completed during the period, and 500 units were 30% completed at the end of the period, what was the number of equivalent units of production for the period if the first-in, first-out method is used to cost inventories? A. 7,790B. 8,390C. 8,600D. 8,000 92. If Department K had 2,500 […]
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Case Study 3: Confessions and Admissions after a Request for a Lawyer
Due Week 8 and worth 100 points
A suspect is apprehended in a large-chain grocery store by the security guard. The suspect is placed in handcuffs and taken to the manager’s office. The police are called and advised of the situation. Officer Jones arrives at the store approximately 12 minutes later. Officer Jones takes a statement from the security guard and views the in-store camera film of the shop lifting incident. Officer Jones places the suspect under arrest, reads the suspect the Miranda warnings, and asks the suspect if he would like to make a statement. The suspect replies, “No, I would like a lawyer”. The suspect is then transported to the local jail and booked. Five (5) hours later, the suspect is interviewed by a detective who again reads him the Miranda warning. The detective then asks the suspect if he would like to talk. The suspect says, “Yes”. He eventually confesses to the crime.
Write a one to two (1-2) page paper in which you:
Your assignment must follow these formatting requirements:
The specific course learning outcomes associated with this assignment are:
Click here to view the grading rubric for this assignment.
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