Exam Chapters 3‚4‚7 Student: ___________________________________________________________________________ 1. Which of the following is the correct formula to compute the predetermined overhead rate? A. Estimated total units in the allocation base divided by estimated total manufacturing overhead costs. B. Estimated total manufacturing overhead costs divided by estimated total units in the allocation base. C. Actual total manufacturing overhead costs divided by estimated total units in the allocation
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Chapter 7 intermediate 1 points Save Remington Corporation had accounts receivable of $100‚000 at 1/1. The only transactions affecting accounts receivable were sales of $600‚000 and cash collections of $550‚000. The accounts receivable turnover is A. 4.0. B. 4.8. C. 4.4. D. 6.0. 1 points Save The percentage-of-receivables approach of estimating uncollectible accounts emphasizes matching over valuation of accounts receivable. True False 1 points
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INTERMEDIATE TERM FINANCING Intermediate term financing refers to borrowing with repayment schedules of more than one year but less than ten years. In contrast ‘short –term financing has a repayment schedule of less than one year‚ while long-term financing matures in ten years or longer. ADVANTAGES OF INTERMEDIATE TERM FINANCING Intermediate term financing offers the following advantages to the firm; 1. It provides a useful alternative when the firm is unable to continue expanding assets with
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decisions making‚ and control. An information system need not be a computerized system‚ but the use of computer in information systems can improve the efficiency of information collection‚ processing‚ storing‚ transformation and distribution. An accounting information system (AIS) is the information subsystem within an organisation that accumulates information from the entity’s various subsystems and communicates it to the organisation’s information processing subsystem. The information processing
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INTRODUCTION From natural gas‚ crude oils‚ and other fossil materials such as coal‚ few intermediates are produced that are not hydrocarbon compounds. The important intermediates discussed here are hydrogen‚ sulfur‚ carbon black‚ and synthesis gas. Synthesis gas consists of a nonhydrocarbon mixture (H2‚CO) obtain- able from more than one source. It is included in this chapter and is fur- ther noted in Chapter 5 in relation to methane as a major feedstock for this mixture. This chapter discusses
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due process in issuing IFRS. CA1-3 CA1-3 (Financial Reporting and Accounting Standards) Answer the following multiple-choice questions. 1. GAAP stands for: ANS: D) generally accepted accounting principles. 2. Accounting standard-setters use the following process in establishing accounting standards: ANS: (d) Research‚ discussion paper‚ exposure draft‚ standard. 3. GAAP is comprised of: ANS: (d) any accounting guidance included in the FASB Codification. 4. The authoritative
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Fulcher: Pharmacology‚ 3rd Edition Chapter 01: Introduction to Pharmacology and Its Legal and Ethical Aspects Test Bank MULTIPLE CHOICE 1. The definition of drug dosage is |a. |to give a medication | |b. |the amount of medication in a single dose | |c. |chemicals that affect living processes
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Solution maf420 Question 1 a) Kettle : 3000 unit per month : 1‚500 kg of Material L Rice cooker : 1000 unit per month : 1‚500 kg of Material L So‚ the ratio is 1:3. If the company wishes to fulfill all the targeted kettle produce‚ therefore they should use all the material available to produce rice cooker for produce that component. From here‚ we can conclude that‚ the company need to scarified 1000 unit of rice cooker to produce 3000 unit of kettle. The total contribution lost is….
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Brunner: Medical-Surgical Nursing‚ 11th Edition Test Bank Chapter 1: Health Care Delivery and Nursing Practice Multiple Choice 1. The school nurse teaching a health promotion class to high-school students informs the group that health may be defined as: A) Being disease free B) Having fulfilling relationships C) Having a clean drinking source and nutritious food D) Being connected in body‚ mind‚ and spirit Ans: D Chapter: 1 Cognitive Level: Application Difficulty:
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Chapter 1 1. Which is the most electronegative atom in the compound below? OH Br N H A) Carbon Ans: C B) Nitrogen C) Oxygen D) Bromine 2. Which of the following correctly describes the electrons of a carbon atom in its ground state? A) 3 s electrons; 3 p electrons B) 2 1s electrons; 4 2p electrons C) 2 1s electrons; 2 2s electrons; 2 2p electrons D) 2 1s electrons; 2 2s electrons; 4 2p electrons E) None of these choices is correct. Ans: C 3. Which of the following statements correctly
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