Answer:
b. 300,000 shares being sold is an issuer transaction and the 200,000 shares being sold is a non-issuer transaction.
Explanation:
A non-issuer transaction is a transaction that does not directly benefit an issuer or it was not directly executed to benefit an issuer.
According to the Uniform State Law, an entity involved in the sales of certificates of interest, leases, mining titles among others is officially exempted from being labelled as an issuer. Hence, the entity (officers of the firm) in the question are non-issuer brokers.
Specifically, when the sales of stock are carried out by someone or an individual who is not a registered stockbroker, that individual officially becomes what is called 'a non-issuer broker-dealer'. The implication is that such a transaction is to be exempted from the registration requirements of the Security Exchange Commission.
In this question, since the issuer newly issued 300,000 shares while the remaining 200,000 in the proposed combination was offered by Officers of the firm - non-issuer broker-dealers. The Law states that it must be separated to show that 300,000 shares are sold in an issuer transaction (Primary) directly involving an official issuer while 200,000 shares are sold in a non-issuer transaction (Secondary).
Answer: Depreciation expense reflects the decrease in market value each year.
Explanation:
Depreciation is the decrease in the value of an asset due to the passage of time. Overtime, the value of machineries reduce as a result of usage. Depreciation is therefore the reduction in the value of assets. Depreciation is also the method used tin reallocating the cost of a tangible assets over its useful life span. Firms depreciate assets for accounting and tax purposes. The reduction in the value of an asset has am effect on the balance sheet of an entity.
The answer to the question is the second option. Depreciation does not have anything to do with the market value. Other options are correct except for the second option which states that depreciation expense reflects the decrease in market value each year.
Answer:
The correct option is;
B. Companies use GAAP when preparing financial statements
Explanation:
Generally Accepted Accounting Principles (GAAP) are the guidelines with regards to the standards, principles, practices and procedures of financial statement compilation by accountants issued by the Financial Accounting Standards Board (FASB). It is a requirement that all publicly quoted companies make use of GAAP for their financial compilation.
GAAP comprises of the generally accepted accounting records reporting and recording methods as well as policy board standards of accounting procedures.
Answer: $3.40
Explanation:
Based on the information given in the question, the materials cost per unit will be calculated thus:
First, we'll calculate the completed units which will be:
= 18500 - 1400
= 17100
Ending inventory = 1400 units
Equivalent Production Unit with respect to Material = (17100 x 100%) + (1400 x 100%)
= 18500 Units
Material Cost Per Unit will be:
= Total Material Cost / Equivalent Production Unit
= $62900 / 18500
= $3.40 per unit
The material cost per unit is $3.40
Answer:
The option that does not apply to Parsons (1998) procedural acceptability measure when determining which methods to use to deliver performance feedback to staff is option A). Client treatment acceptability is directly related to procedural acceptability of supervisor feedback to staff.
Explanation:
The study of organizational behavior gives insight on how employees behave and perform in the workplace. It helps us develop an understanding of the aspects that can motivate employees, increase their performance, and help organizations establish a strong and trusting relationship with their employees
OBM can be seen as the intersection between behavioral science and improvement in organizational environments.
According to Parsons (1998) there are numerous reasons it is important to measure procedural acceptability when determining which methods to use to deliver performance feedback to staff such as Staff motivation being impacted if a management practice has low procedural acceptability.
However, Client treatment acceptability is not directly related to procedural acceptability of supervisor feedback to staff.
