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3 years ago

Which statement concerning process cost accounting is correct?

1 answer:

6 0

I think the answer is C. Individual work in the process accounts are maintained for each production department of manufacturing process.

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Refer to Stevenson, Ross, and Warner. Which of the following represents a key component of the Sarbanes-Oxley Act relating to co

antoniya [11.8K]

Answer:

The correct answer is B. Accounting firms are prohibited from providing many types of consulting services to the companies they audit.

Explanation:

The main reason for this policy is that it does not allow conflicts of interest to arise that eventually produce widely known cases of fraud, such as those presented at the Enron and Worldcom companies.

The Enron case broke out in the U.S. when that energy giant announced what was once the biggest bankruptcy in the history of the country, with a debt of 31,000 million dollars, something overcome a few months later by the collapse of another colossus, WorldCom.

In June 2002 WorldCom, the second US telephone. and of the world, he admitted that he had lied in his accounting books for almost 4,000 million dollars and his actions - which shortly before touched his maximum of 16 dollars - collapsed to 20 cents. His bankruptcy exceeded Enron's: $ 35 billion of liabilities.

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3 years ago

The last two answers for number 6 is “Firefighting” and “Public Safety Inspection”

andre [41]

Answer:

9. Carbon paper

37. Window envelope

6. teaching

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3 years ago

Which is the largest component of Aggregate Expenditures?

Lisa [10]

Answer:

gever distribution

Explanation:

fasho

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3 years ago

In a crosstabulation

alekssr [168]

Answer: D - both variables must be categorical

Explanation: Crosstabulation is a technique used in the examination of 2 categorical variables. It is also known as contingency table analysis.

Crosstabulation is an analytic and useful tool in marketing research.

It creates a good relationship between the variables with its unique naming. its variables have a low chance of standing alone.

7 0

3 years ago

"Flo is considering three mutually exclusive options for the additional space she plans to add to her specialty women's store. T

Komok [63]

Answer: Option(b) is the correct option.

Explanation:

According to the question,we are provided with investment value which is $148,000.

Therefore, Net present value (NPV)of Children Clothing will be calculated as :-

$121,000 - $148,000 = - $27,000

Thus, a negative value of NPV of children clothing is obtained which is not an acceptable value option.

Now ,Net present value(NPV) of Exclusive gift is as follows:-

$178,000 - $148,000= $30,000

As the obtained NPV value for exclusive gift option is $30,000 which is a positive value, it can be accepted

Now, calculation of NPV of decorator items is as follows:-

$145,000 - $148,000= - $3,000

Net present value of decorator items is obtained as -$3,000 which is a negative value.Thus, it is not acceptable.

Therefore, the correct option is option(b) because it as positive value of NPV and decorator items and children clothing as negative NPV value which makes them unacceptable .

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3 years ago