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Answer the following questions
1) An economics quiz contains six multiple-choice questions. Let x represent the number of questions a student answers correctly.
a) Is x a continuous random variable?
b) What are the possible values of x?
Which Governments may set up fiduciary funds to account for benefit trust plans for? Voluntary employees' beneficiary associations.
Prepare the consolidation adjustment entry/ies to deal with this transaction for the 30 June 2020 consolidation. Explain why it is necessary to make
how should declared but unpaid dividends be recorded? the problem states that the company has a yearend date of dec
Simmons Corporation owns stock of Armstrong, Inc. Prior to 2014, the investment was accounted for using the equity method. In early 23014, Simmons sold part of its investment in Armstrong, and began using the fair value method. In 2014, Armstrong ear..
Citrus Company was granted a patent on January 2, 2010, and appropriately capitalized $135,000 of related costs. Citrus was amortizing the patent over its estimated useful life of 15 years. During 2008, Citrus paid $30,000 in legal costs in successfu..
Tracy is single and had an adjusted gross income of $ 33,400 in 2015. Tracy also has the following items : unreimbursed medical expenses $ 3,909, state income tax $1869, interest expense first mortgage $ 3625, interest expense second mortgage $ 1236,..
Andy also has the authorization and sanctions to post those journal entries into the ledger. Identify the risk(s) in the situation
Sharpton Fabricators Corporation manufactures a variety of parts for the automotive industry. The company uses a job-order costing system with a plant wide predetermined overhead rate based on direct labor-hours. what effect would this new rate have ..
What entry to record the purchase of the Ayayai stock would include a? June 1 Received cash dividends of $3 per share on Ayayai stock.
The formal distinction between some current and noncurrent assets is somewhat arbitrary. Which of the following statements best illustrates this point? Inventory that may be sold next year, or in the subsequent year as demand dictates may be classifi..
$10,000 and net cash provided by financing activities was $12,000. If the year-end cash balance is $24,000, the beginning cash balance was
Compute and identify the type of accounting changes and discuss the proper accounting treatment. Global Berhad in the year 2018.
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