External link to Question : 89) Six uses of feedback given below. Match each independent : 1196042

Question : 89) Six uses of feedback given below. Match each independent : 1196042

  89) Six uses of feedback are given below. Match each independent statement with one of the feedback uses.   Uses of feedback: a.Changing goals. b.Searching for alternative means of operating. c.Changing methods for making decisions. d.Making predictions. e.Changing the operations. f.Changing the reward system.   Independent Statements:   1.Quality control activities have been moved from the end of the assembly line to critical points […]

External link to Question : 67.The placing of direct materials into the production process recorded : 1259570

Question : 67.The placing of direct materials into the production process recorded : 1259570

    67.The placing of direct materials into the production process is recorded by an entry crediting:    A. Materials Expense.   B. Raw Materials Inventory.   C. Work in Process Inventory.   D. Finished Goods Inventory.         68.The accountant for Eric’s Plumbing Equipment Company recently made a journal entry consisting of a debit to Work in Process and a credit to Raw Materials Inventory. This entry […]

External link to Question : 91.The following present value factors provided for use in this : 1258734

Question : 91.The following present value factors provided for use in this : 1258734

  91.The following present value factors are provided for use in this problem.  PeriodsPresent Valueof 1 at 8%Present Value of anAnnuity of 1 at 8% 10.92590.9259 20.85731.7833 30.79382.5771 40.73503.3121 Cliff Co. wants to purchase a machine for $40,000, but needs to earn an 8% return. The expected year-end net cash flows are $12,000 in each of the first three years, and $16,000 in the fourth […]

External link to Question : 21) Canada, like most taxing authorities, uses different methods for : 1186200

Question : 21) Canada, like most taxing authorities, uses different methods for : 1186200

  21) Canada, like most taxing authorities, uses different methods for calculating depreciation for tax purposes. The Income Tax Act uses which of the following methods? A) accelerated amortization B) straight-line and accelerated amortization C) straight-line, double declining balance, and accelerated amortization D) straight-line and declining balance E) double declining balance and accelerated amortization only   22) Wilf Company acquired an additional Class 10 (30% […]

External link to Question : Appendix B Time Value of Money True / False Questions 1.Present : 1258193

Question : Appendix B Time Value of Money True / False Questions 1.Present : 1258193

  Appendix B Time Value of Money   True / False Questions  1.Present Value of 1  Periods3%4%5%6%7%8%9%10%12% 30.91510.88900.86380.83960.81630.79380.77220.75130.7118 40.88850.85480.82270.79210.76290.73500.70840.68300.6355 50.86260.82190.78350.74730.71300.68060.64990.62090.5674 60.83750.79030.74620.70500.66630.63020.59630.56450.5066 70.81310.75990.71070.66510.62270.58350.54700.51320.4523 80.78940.73070.67680.62740.58200.54030.50190.46650.4039 90.76640.70260.64460.59190.54390.50020.46040.42410.3606 100.74410.67560.61390.55840.50830.46320.42240.38550.3220 Future Value of 1  Periods3%4%5%6%7%8%9%10%12% 31.09271.12491.15761.19101.22501.25971.29501.33101.4049 41.12551.16991.21551.26251.31081.36051.41161.46411.5735 51.15931.21671.27631.33821.40261.46931.53861.61051.7623 61.19411.26531.34011.41851.50071.58691.67711.77161.9738 71.22991.31591.40711.50361.60581.71381.82801.94872.2107 81.26681.36861.47751.59381.71821.85091.99262.14362.4760 91.30481.42331.55131.68951.83851.99902.17192.35792.7731 101.34391.48021.62891.79081.96722.15892.36742.59373.1058 Present Value of an Annuity of 1  Periods3%4%5%6%7%8%9%10%12% 32.82862.77512.72322.67302.62432.57712.53132.48692.4018 43.71713.62993.54603.46513.38723.31213.23973.16993.0373 54.57974.45184.32954.21244.10023.99273.88973.79083.6048 65.41725.24215.07574.91734.76654.62294.48594.35534.1114 76.23036.00215.78645.58245.38935.20645.03304.86844.5638 87.01976.73276.46326.20985.97135.74665.53485.33494.9676 97.78617.43537.10786.80176.51526.24695.99525.79505.3282 108.53028.11097.72177.36017.02366.71016.41776.14465.6502 Future Value of an Annuity of 1  Periods3%4%5%6%7%8%9%10%12% 33.09093.12163.15253.18363.21493.24643.27813.31003.3744 44.18364.24654.31014.37464.43994.50614.57314.64104.7793 55.30915.41635.52565.63715.75075.86665.98476.10516.3528 […]

External link to Question : 121. Roadwarrior Express Inc. owns a moving van that originally cost : 1230674

Question : 121. Roadwarrior Express Inc. owns a moving van that originally cost : 1230674

    121. Roadwarrior Express Inc. owns a moving van that originally cost $500,000 and currently has $450,000 of accumulated depreciation. The fair value of the moving van is $120,000. Roadwarrior  Express Inc. exchanges the van plus $480,000 in cash for a new moving van costing $600,000.  The entry to record the transaction is as follows:    A. Equipment (new van)  . . . . . . […]

External link to Question : 11.Select the incorrect statement from the following. A. If overhead costs allocated : 1257143

Question : 11.Select the incorrect statement from the following. A. If overhead costs allocated : 1257143

    11.Select the incorrect statement from the following.    A. If overhead costs are allocated on the basis of activities, the amount of overhead allocated to a particular product can be reduced by increasing the number of activities required by the product, thereby spreading the overhead costs over more units.   B. Activity costs are considered relevant for decision making because the cost of an activity will […]

External link to Question : 1. Which of the following statements not true? A. The information in the : 1224818

Question : 1. Which of the following statements not true? A. The information in the : 1224818

1. Which of the following statements is not true?  A. The information in the statement of cash flows helps investors, creditors, and others to assess a company’s ability to produce future cash inflows. B. The information in the statement of cash flows helps investors, creditors, and others to judge a company’s ability to meet it future obligations. C. The information in the statement of cash flows helps investors, creditors, […]

External link to Question : 61.Capital expenditures recorded as: A. An expense. B. An asset. C. A liab : 1237700

Question : 61.Capital expenditures recorded as: A. An expense. B. An asset. C. A liab : 1237700

    61.Capital expenditures are recorded as:    A. An expense.   B. An asset.   C. A liability.   D. Income.         62.Revenue expenditures are recorded as:    A. An expense.   B. An asset.   C. A liability.   D. Income.         63.If an asset is determined to be impaired, it should be:    A. Depreciated only using the straight-line method.   B. Written up to its historical cost.   […]

External link to Question : 143.A company earned $3,000 in net income for October. Its : 1258759

Question : 143.A company earned $3,000 in net income for October. Its : 1258759

    143.A company earned $3,000 in net income for October. Its net sales for October were $10,000. Its profit margin is:    A.3%.   30%.   C.33%.   D.333%.   E.$7,000. Profit Margin = Net Income/Net SalesProfit Margin = $3,000/$10,000 = .30 = 30%       144.A company had $7,000,000 in net income for the year. Its net sales were $15,200,000 for the same […]

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