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1. Which department listed below would most likely be responsible for a "direct material price variance"?
1. production department
2. personnel department
3. purchasing department
4. marketing department
2. Return on investment and revenue growth would be examples of:
1. financial perspective
2. customer perspective
3. internal business perspective
4. learning and growth perspective
Evaluate the 95% confidence interval for the population proportion p of all Americans who drink beer, wine, or hard liquor, at least occasionally and interpret your result.
An investment that costs $85,000 will return $31,000 per year for 5 years. Determine the net present value of the investment if the required rate of return is 6 percent.
If Sweet Catering had recorded transactions using the Cash method,- how much net income (loss) would they have recorded for the month of May?
Danielson Company reported the following stockholder's equity section of the balance sheet on 1/1/15 (assume all common stock was issued on the same time)
Qualified tuition programs under § 529 enjoy significant tax advantages. Describe these advantages with regard to the: • Federal Income Tax • Federal Gift Tax • Federal Estate Tax In your analysis, provide an example of the income, estate or gift tax..
A swap is an agreement in which two parties agree to exchange (swap) something, generally obligations to make specific payment streams. Most swaps today involve either interest payments (e.g., exchanging fixed rate payments for floating rate payments..
A company had a 1/1/14 balance in the Allowance for Doubtful Accounts of $20,000. During 2014, it wrote off $14,400 of accounts and collected $4,200 on accounts previously written off. In T-account format, prepare the adjusting entry to recognize bad..
Prepare an adjusted trial balance, prepare an income statement for year ended 2013 and a balance sheet as of December 31, 2013 - Prepare and post closing entries.
Diaz Company uses process costing in its two processing departments; Assembly and Finishing. If the Assembly Department requisitioned direct materials to be used in production, totaling $80,000, which one of the following journal entries would be mad..
Joyful Gas Company an independent oil producer in Dallas, Texas. In March, company geologist discovered a pool of oil that tripled the company’s proven reserves. What accounting principle is involved? Who are the stakeholder’s?
Investment advisers and tax professionals are continuously striving to create sophisticated transactions and investment vechicles (i.e., tax advantaged investments) that are designed to provide economic benefits to investors by reducing their taxes.
A company gives each of its 75 employees (assume they were all employed continuously through 2017 and 2018) 12 days of vacation a year if they are employed at the end of the year. What amount of vacation liability would be reflected on the 2017 and 2..
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