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ivolga24 [154]
3 years ago
6

Luke works in an accounting firm that offers services such as tax preparation and external auditing to corporate companies. Luke

is currently providing consultation to a client that deals in automobile parts. In this scenario, Luke is most likely a:
A. forensic accountant.
B. managerial accountant.
C. public accountant.
D. government accountant.
C. public accountant.
Business
1 answer:
mario62 [17]3 years ago
5 0

Answer:

The correct answer is C. public accountant.

Explanation:

Universally known as Public Accountant, is a professional dedicated to apply, analyze and interpret the accounting and financial information of an organization, with the purpose of designing and implementing instruments and mechanisms to support the directives of the organization in the decision-making process.

It is also known as an expert with a university education in business sciences, with special emphasis on accounting and financial-tax-administrative matters and practices, external and internal auditing and business advisory services.

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If a company wanted to finance the purchase of equipment without diluting shareholders equity, which of the following operation
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Issuing convertible bonds

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A recently launched line of baby clothing is gaining popularity among a large mass of the population. In which stage of fashion
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Stockholders of a company may be reluctant to finance expansion through issuing more equity because leveraging with debt is alwa
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3 years ago
Jamison Company reports depreciation expense of $50,000 for Year 2. Also, equipment costing $170,000 was sold for a $6,000 gain
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Answer:

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Particular                                                 Amount($)

Year 1-Accumulated depreciation         550,000

Year 2-Depreciation                                  50,000

Year 2 –Total accumulated depreciation  600,000

Less-Year 2-Reported depreciation         468,000

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Received Cash from the Sale of Equipment

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Sale price of equipment                         44,000

8 0
3 years ago
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