Point of publication metod of accounting

Assignment Help Financial Accounting

Reference no: EM131250428

Consider the role of an upper manager at Dex. Do you believe that a "point of publication" metod of accounting is allowable under Generally Accepted Accounting Principles? If so, please make an argument that supports the recognition of revenue related to the Colorado Springs directory in December 2000, as opposed to 2001. Do you believe that the actions of the upper managers at Dex were ethical? Why or why not?

Reference no: EM131250428

Questions Cloud

Estimate of the total variable manufacturing cost per unit : Carbaugh Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. The best estimate of the total variable manufacturing cost per unit is:

What is the ending work in process inventory balance : Crockett Company had a beginning work in process inventory balance of $33175. During the year, $77,000 of direct materials were placed into production. Direct labor was $60036, and indirect labor was $19,500. Manufacturing overhead is allocated at 13..

Briefly explain what the credit spread represents : Bond A, a $1000 corporate bond with a 5.4% coupon rate, semi--annual coupons, and 30 years to maturity has a YTM of 7.0% APR. Treasuries are currently yielding 2.9%. What is the credit spread on bond A? Briefly explain what the credit spread represe..

Calculate the cost of preferred stock-cost of common stock : Calculation of individual costs and WACC Dillon Labs has asked its financial manager to measure the cost of each specific type of capital as well as the weighted average cost of capital. The weighted average cost is to be measured by using the follow..

Point of publication metod of accounting : Consider the role of an upper manager at Dex. Do you believe that a "point of publication" metod of accounting is allowable under Generally Accepted Accounting Principles?

Do you think this is a wise investment of ibm human resour : If you calculate the person-hours devoted to IBM's team projects, they amount to more than 180,000 hours of management time each year. Do you think this is a wise investment of IBM's human resources? Why or why not?

Stockholders equity section of the balance sheet : The stockholders’ equity section of Nilsson Corporation’s balance sheet as of December 31, 2014 is as follows: Make all necessary journal entries for Nilsson to account for the transactions affecting stockholders’ equity. Prepare the December 31, 201..

Understanding of fraud risk assessment : Consult Paragraphs 65-66 of PCAOB Auditing Standard No. 12. Based on your understanding of fraud risk assessment, what three conditions are likely to be present when fraud occurs (the fraud triangle)? Based on the information provided in the case, wh..

Disclosure of its nonrecurring revenue : Consult Paragraph 67 of PCAOB Auditing Standard No. 12. Do you believe that Qwest had established an effective system of internal control over financial reporting related to the presentation and disclosure of its nonrecurring revenue? Why or why not?

User Account

All Pages