Answer:
C. Both A and B
Explanation:
Operation Costing:
is the acccount of process costing until there is a split-point when the costing systems moves to job system.
This means the materials are calculate with calculate with process costing. And then there is a degree of customization which makes the job costing useful.
(A) FALSE is the other way around. The system use process costing until split point, when it switch to job costing for specific procedures.
(B) FALSE
An automobile manufacturer do the same car over and over.
There is no difference between the car. It will use process costing.
Answer:
a rules violation
Explanation:
This action that is being undertaken by the representative in this scenario would be a rules violation. As a representative, you have the obligation to analyze a stock and a trade, and then advise your client of any pertinent information regarding the unsolicited trade that they want to make. Therefore, knowing that the unsolicited trade contains breakpoints and your client wants to make a very large purchase that surpasses those breakpoints then it is your obligation to advise them about these breakpoints. This was not done by the representative in this scenario.
Answer:
No Account and explanation Debit Credit
1. Rent expense ($4,300/5) $860
Prepaid rent $860
(To record adjusted rent expense)
2. Supplies expense (7,250-2,950) $4,300
Supplies $4,300
(To record adjusted supplies)
3. Depreciation expense $460
[(44,160/8)/12]
Accumulated depreciation $460
(To record depreciation)
A fraud examiner is mostly assigned in the area of examining identity thefts, and also seeing who committed the theft.
Answer:
5.2%
Explanation:
A stock has a beta of 1.8
The expected rate of return is 16%
= 16/100
= 0.16
The market return turns out to be 6% below the expection
The first step is to calculate the decrease in the expected return
= beta× decrease in the market return
= 1.8× 6/100
= 1.8 × 0.06
= 0.108
Therefore the rate of return inn the stock can be calculated as follows
= 0.16-0.108
= 0.052×100
= 5.2%
Hence the rate of return on the stock is 5.2%
