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Questions -
Q1. When the manager has the responsibility and authority to make decisions that affect costs and revenues but no responsibility for or authority over assets invested in the department, the department is called?
Q2. Differentiate between a cost center and a profit center.
Q3. Differentiate between a profit center and an investment center.
Q4. Division A of Kern Co. has sales of $350,000, cost of goods sold for $200,000, operating expenses of $30,000, and invested assets of $600,000. What is the return on investment for Division A?
MXM Animation Bhd is one of the largest film production and distribution companies in Malaysia. Determine amortization period for intangible asset
what are some issues and trends in global socio-cultural issues? why must a company be sensitive to the socio-cultural
During the year 2021, Campos Co. recognized the following: Past service cost 400,000. How much is the fair value of plan assets as of December
What is the fee that you can charge to make the client indifferent between your fund and the passive strategy affected by his capital allocation decision
Question - Compute the present value of a $5,400 deposit in year 3, and another $4,900 deposit at the end of year 6 using an 9 percent interest rate
Sarasota Corporation has 9% convertible bonds outstanding. It recorded interest expense (net of income taxes) of $6,300 on these bonds during the year.
Harmonization or convergence of accounting standards, Would worldwide adoption of IFRS result in global comparability of financial statements? Why or Why not?
Using only the amounts given, compute net cash provided by operations, both without and with the reclassification of the receivables
Journalize the October transactions and the October 31 adjusting entry for accrued interest receivable. Show balance sheet presentation of receivable accounts
joint-cost allocation with a byproduct. mat place purchases old tires and recycles them to produce rubber floor mats
What method of accounting would you use for this construction project and why? When would you recognize revenue for this payment?
Prepare the journal entries for the amortization of the software to be made on December 31, 2019 using the straight line method
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