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2 years ago

Key inputs to the verification process include?

1 answer:

Citrus2011 [14]2 years ago

5 0

The purpose of verification, as a normal motion, is to become aware of the faults/defects introduced at the time of any transformation of inputs into outputs.

Verification is a pleasant manage technique that determines if a machine meets its gadget-stage necessities. Inspection and demonstration is the principle testing technique used in Verification.

The Verification procedure offers the evidence that the gadget or machine detail plays its meant capabilities and meets all performance requirements listed inside the machine overall performance specification and functional and allotted baselines.

Learn more about verification method here:brainly.com/question/14513832

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Sally and Alicia are equal general partners In a business. They are content with their current management and tax situation but

AlladinOne [14]

Answer: Limited liability company

Explanation: It refers to a hybrid structure for firms which have the characteristics of both company and partnership. The limited liability characteristics is a feature of a company while the tax treatment is done as similar to a partnership.

In the given case, Sally and Alicia are equal general partners and wants to change their unlimited liability structure.

Hence from the above we can conclude that the correct option for them is limited liability company.

4 0

3 years ago

A company had net income of $245,130. Depreciation expense was $20,107. During the year, accounts receivable and inventory incre

harkovskaia [24]

Answer:

$222,664

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.

The net cash flow from operating activities

= $245,130 + $20,107 - $14,733 - $29,685 + $3,608 - $5,431 + $3,668

= $222,664

6 0

4 years ago

In 1964, republican party presidential nominee ________ was in favor of less taxation and less government regulation of the econ

ivann1987 [24]

Arizona native Barry Goldwater was the Republican party nominee for president in the 1964 election. He ran against incumbent democratic president Lyndon B. Johnson. Though he was defeated in a landslide, he had a strong influence on the development of the modern Republican party.

7 0

4 years ago

Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity has a cost driver used to all

hammer [34]

Answer:

a. predetermined overhead rate for each activity

initial concept formation = $3,310 per Project Change

design = $3 per Square feet

construction oversight = $1,130 per Month

b. Classification

unit-level activities :

design

batch level activities :

initial concept formation

Product level activities :

design

Facility level activities :

initial concept formation

construction oversight

Explanation:

This question requires application of Activity Based Costing (ABC) method of allocating overheads.

For each overhead a rate is determined as follows :

initial concept formation

Predetermined overhead rate = Overhead Cost / Number of Project Changes

= $52,960/ 16

= $3,310 per Project Change

design

Predetermined overhead rate = Overhead Cost / Square feet

= $420,000/ 140,000

= $3 per Square feet

construction oversight

Predetermined overhead rate = Overhead Cost / Number of Months

= $118,650/ 105

= $1,130 per Month

Classification

The way the activity is to be absorbed in costing determine its classification

5 0

3 years ago

Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in i

saul85 [17]

Answer:

the cost per equivalent unit of materials is a. $2.06.

Explanation:

Step 1 : Calculate the total equivalent units of production for raw materials.

Units completed and transferred (150,000 × 100%) = 150,000

Units in Ending Work in process (32,500 × 100%) = 32,500

Total equivalent units of production for raw materials = 182,500

Step 2 : Calculated the total raw material costs incurred during the period.

Raw material cost in Beginning Work in Process = $48,000

Add Raw Materials Cost Incurred during the period = $328,050

Total raw material costs incurred = $376,050

Step 3 : Calculate the cost per equivalent unit of materials.

Cost per equivalent unit = Total raw material costs incurred ÷ Total equivalent units of production for raw materials

= $376,050 ÷ 182,500

= $2.06

7 0

4 years ago