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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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Craigmont Company's direct materials costs are $4,200,000, its direct labor costs total $8,080,000, and its factory overhead cos
USPshnik [31]

Answer:

$12,280,000.

Explanation:

All the direct costs involved in the manufacturing of a product except fixed cost is called prime cost e.g direct material, direct labor etc.

Direct Material = $4,200,000

Direct labor = $8,080,000

Total Prime cost = Direct material + Direct labor = $4,200,000 + $8,080,000 = $12,280,000

Overhead costs are not classified as the prime cost because these are indirect costs.

4 0
2 years ago
Users create expense reports and attach receipts in an Expenses app before submitting them for approval. What should the Adminis
monitta

Answer:

The administrator should consider the App's ability to enable the user to scan and attach receipts with the expense reports.

Explanation:

The App for Salesforce Mobile should be enabled to scan and attach receipts with the expense reports in order to meet the user's requirements.  The easiness of the Mobile App achieving this functionality is very important.  Once users were not always able to easily implement this functionality in the App, then it would not be considered user-friendly.  The scanning should be as simple as taking a shot with the phone's camera.

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3 years ago
After visiting several automobile dealerships, Richard selects the car he wants. He likes its $11,500 price, but financing throu
WITCHER [35]

Answer:

The answers are:

A) total interest = p x r x t

where:

  • p = $9,200
  • r = 10%
  • t = 2 years

total interest = $9,200 x 10% x 2 = $1,840

B) the total cost of the car = down payment + principal + total interest

total cost = $2,300 + $9,200 + $1,840 = $13,340

C) monthly payment = (principal + total interest) / total number of payments

monthly payment = ($9,200 + $1,840) / (12 x 2) = $11,040 / 24 = $460

D) APR = (total payments x total interest) / [principal x (total payments +1)]

APR = (24 x $1,840) / ($9,200 x 25) = 0.192 or 19.2%

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Answer:

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What amount is jessica allowed to deduct in year 1 and year 2? what are her stock and debt bases in the corporation at the end o
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