Answer:
The correct answer is Qualifying.
Explanation:
Professional qualification is the set of professional competencies with significance in employment that can be acquired through modular training or other types of training, as well as through work experience.
A person is qualified when in the development of his work he obtains results that are at the level demanded by the productive system, that is, in his work performance he obtains the expected results, with the resources and the level of quality due.
Answer:
$1,260,000 Asset
Explanation:
The amount that Kerry Corp should report is as follows:
Amount to be reported = $3,600,000 * 35% = $1,260,000 asset.
Deferred tax arises because of temporary differences which results in future deductible amount. Future deductible amount leads to reduce taxable income and will provide future economic benefits of the company.
Answer:
a. $60.
Explanation:
While computing the relevant cost in case of special order only the variable manufacturing cost is to be considered as it will be changed in special order case.
And the other cot like - fixed manufacturing, variable & fixed selling, traceable fixed administrative cost, etc are not relevant as it remains constant
These costs are not useful for decision making. Hence, it is to be ignored