Accounting Comprehensive Exam: 20 MCQs‚ 30 minutes. Time: 9:30am – 10:00am Concepts to be explained Adjusting and closing entries Unpaid salaries Rs. 7‚500 (accrued expense) Outstanding electric bills Rs. 6‚500 (accrued expense) Commission Receivable Rs. 5‚000 (accrued revenue) Depreciation of office furniture at 10% office equipment 15% (Office furniture Rs. 35‚ 000 and office equipment Rs. 45‚000) Allocate allowances for uncollectible 2% on accounts receivable. (Accounts Receivable Rs
Premium Generally Accepted Accounting Principles Inventory Depreciation
Question 1 a) On January 1‚ 2011 the Batista Company budget committee has reached agreement on the following data for the 6 months ending June 30‚ 2011: Sales units: 1st quarter – 5 000 2nd quarter – 6 000 3rd quarter – 7 000 Ending raw materials inventory – 50% of the next quarter ’s production requirements. Ending finished goods inventory – 30% of the next quarter ’s expected sales units. 3rd quarter actual production – 7 250 units Three pounds of raw materials
Premium Variable cost Costs Total cost
Prime Cost YES.....Conversion Cost NO. Prime Cost YES.....Conversion Cost YES. Prime Cost NO....Conversion Cost NO. Prime Cost NO.....Conversion Cost YES. | 2. (TCO A) The costs of staffing and operating the accounting department at Central Hospital would be considered by the Department of Surgery to be (Points : 6) | direct costs. sunk costs. incremental costs. None of the above | 3. (TCO A) The cost of lubricants
Premium Costs Cost Variable cost
Local Governments True/False Questions 1. A Comprehensive Annual Financial Report (CAFR) would include an introductory section‚ management’s discussion and analysis‚ basic financial statements‚ required supplementary information other than MD&A‚ combining and individual fund statements‚ narrative explanations‚ and statistical section. Answer: True 2. The three major sections of a CAFR are the Introductory‚ Financial‚ and statistical sections. Answer: True 3. The introductory
Premium Balance sheet Generally Accepted Accounting Principles Financial statements
Neriff Jay E. Baraquia Email Address: neriff_21@yahoo.com Address: Zone 3 Brgy. Baldoza‚ La Paz‚ Iloilo City Contact No: +639307125263 Educational Background Degree Obtained : Bachelor in Journalism West Visayas State University College 2009 to 2013 College of Mass Communications La Paz‚ Iloilo City‚ Philippines AlpaCrest Academy Incorporated Secondary 2006 to 2009 La Paz‚ Iloilo City Iloilo National
Premium Iloilo City Philippines Visayas
Zappos seems to be well positioned to have a competitive advantage over other online retailers. What challenges discussed in Chapter 1 pose the biggest threat to Zappos’ ability to maintain and enhance its competitive position? How can human resource management practices help Zappos meet these challenges? To maintain and enhance its competitive position in the market‚ Zappos tries to achieve its goals by providing best online service to customers in terms of all the products they offer and by taking
Premium Human resource management Management
YEAR TEN ENGLISH I’M NOT SCARED ASSESSMENT TASK C Level You are to produce a detailed plan and an essay that contains at least one quotation per body paragraph‚ choosing from ONE of the following topics. [500-600 words]. 1. Discuss the various kinds of fear faced by the major characters and assess the extent to which they overcame them. OR 2. Why does Michele continue to love and respect his father‚ despite knowing what his father
Premium English-language films Question Writing
National Institute of Business Management Chennai - 020 FIRST SEMESTER EMBA/ MBA Subject : Financial Management Attend any 4 questions. Each question carries 25 marks (Each answer should be of minimum 2 pages / of 300 words) 1. What are the significant factors of Financial Statements? Discuss the various tools of financial Analysis. (Answered) 2. What is a Fund Flow Statement? Discuss the uses and preparation of Fund Flow Statements. (Answered) 3. What is financial Forecasting? Explain. (Answered)
Premium Generally Accepted Accounting Principles Balance sheet Income statement
Philosophy 373-Paper assignment The purpose of this assignment is simply to present a (more) detailed elaboration of an author’s view; or to contrast two competing authors’ views; or to develop your reaction to an author’s view; or to relate an outside source (see below) to one of the topics under consideration. The content can be culled from any of the readings on the syllabus. This is not intended as a “term paper” or “research paper”. It can be adequately completed simply from the textual
Premium Teleological argument Teleology Existence of God
1. What is IT infrastructure and what are its components? IT infrastructure is the shared technology resources that provide the platform for the firm’s specific information system specifications. IT infrastructure includes hardware‚ software‚ and services that are shared across the entire firm. Major IT infrastructure components include computer hardware platforms‚ operating system platforms‚ enterprise software platforms‚ networking and telecommunications platforms‚ database management software
Premium Computer Server