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accounting
october 2018
21
Accounting Questions and Answers
October 21, 2018
Expert-verified solutions to help you succeed
On 1 March 2010, Granite Corporation (GC) started the construction of a new plant to meet the growing demand for its products. The new plant was completed at a cost of Rs. 100 million on 31 May 2011. GC financed the cost of the project from the
Refer to the dialogue below between the teachers Nkosi and the new teacher Jonas in order to answer the questions that follows Nkosi Welcome to our school you are going to share mathematics grade 12 class with me Jonas I appreciate the kind welcome
Fifi and her toy poodle join a friend, Fred, at a newly opened pet-friendly caf in Bruce, The Sparkling Poodle. Fred is taking Fifi to breakfast for her 18th birthday. Seated in the outdoor part of the caf, Fifi decides to visit the washroom and
What is the Required Return for Andy? Is stock Andy Under Priced, Fairly Priced, or Over Priced? What is the Required Return of Betty? Is stock Betty Under Priced, Fairly Priced, or Over Priced? What is the P of your portfolio? What is the Expected
A bank purchased a car and sold it to an individual Profit is calculated at a nominal rate of 12 with compounding monthly on banks purchase price of BDT3000000 The person is to repay the money by uniform monthly installments for 10 years beginning 1
Please write a mini-essay to discuss “the role of technology in finance”. The word limit is about 250 o References: integration into and contribution to the discussion o Presentation: accuracy, clarity, conciseness, and fluency Relevant
The sale of securities to the public via an investment banker by a privately owned corporation raising funds is called: a seasoned offering. a secondary offering. a best efforts offering. an initial public offering
For each of the following situations, identify the types of threat and the safeguard that could be taken by the auditors: Question Mr. A was the audit manager during the last year’s annual audit of Sinar Ltd. He joined Sinar Ltd as their
For the following situation, identify the types of threats and the safeguard that could be taken by the auditors: Fine Petroleum Limited (FPL) is the audit client of your firm for five years. During the year, the engagement partner has been changed
In September 2000, Bernie Lomax, president of The Percy Group, a large real estate development company in London, contemplated an opportunity that had been presented to him. Shady Pines Retirement Care Inc. (Shady Pines), a company that managed
An Australian investor will allocate 30 of the portfolio to Fixed Income Securities FIS using active mutual funds The investor uses Refinitiv to identify FIS funds that have been in operation for the last 3 years have positive alphas over the last 3
A hypersonic projectile enters the atmosphere at a nonstandard angle of attack of a 102 deg The length and thickness of the vehicle is 12 m by 010 m Assume the span is unity The estimated Mach number of the vehicle is 20 The local temperature near
The riskfree rate of lending is 5 Your friend Joe has a mean variance utility function with a risk aversion parameter of A 04 i 2 pts If the riskfree rate of borrowing equals to the rate of lending find the portfolio weight of stocks in Joes
It all started with the depreciating shilling and Kenyans watched as the shilling continued to weaken against the dollar. This was later to be followed by rising inflation and nobody would exactly tell what was wrong. Some blamed it on the fuel
Tall Trees, Inc. is using the net present value (NPV) when evaluating projects. You have to find the NPV for the companys project, assuming the companys cost of capital is 11.98 percent. The initial outlay for the project is $402,308. The project
After considering several impairment indicators Sanguine Solutions Ltd an IFRS reporter determined that one of its finitelived intangible assets may be impaired The intangible assets net carrying value net of accumulated amortization if subject to
Shawn and Susan loved rock climbing. Once they turned 19, they left Vancouver and travelled around the world living in their RV. They worked as nurses in the communities they happened to be in at a given time, as they climbed and scrambled up their
To complete this activity, you are required to submit a report of approximately: Long Report 2,000 words = 4-page typed report What you must include in your report Your task is to research the following topics then outline your findings in a report.
LaMarande Company is preparing a budgeted income statement and cash budget for the year ended December 31 20X3 Selected information is already shown on the forms Use the following additional information All unit amounts are rounded to the nearest
Related to the question in the previous chapter, would you agree or disagree with the following statement? "There is no reason to investigate "Favorable" variances; only "Unfavorable" variances indicate problems." Justify your response.
Required Break down the total activity variance into sales mix and quantity partsEarle Soup Company makes three varieties of soups Bean Tomato and Vegetable Sales volume for the annual budget is determined by estimating the total market volume for
1) Which of the following statements is best about inventorymanagement? Select one: a. inventories and production can be managed separately b. inventory is not important at the production planninglevel c. inventories are usually insignificant on the
a. Translating market knowledge into goods, services, andprocesses b. Continually learning and adapting to global and environmentalchanges c. Managing cash flows and strategic investments d. Exploiting technology to improve productivity 2 points
1Find the inverse matrix if it exists If the inverse does not exist enter DNE into any cell 3 4 234 111 2The inverse of matrix A is given A1 321 112 121 Use the inverse to solve for X AX FX 3The inverse of matrix A is given A1 54 11 Use the
1. A box contains 4 bad and 6 good tubes. Two are drawn out. (a)The first one is tested and found to be good. Whats theprobability that the second one is good? (b) One out of two chosentubes is tested and found to be good. Whats the proba- bility
Managerial accounting is applicable to a service entities b manufacturing entities c notforprofit entities d all of these 2 Both direct materials and indirect materials are a raw materials b manufacturing overhead c merchandise inventory d sold
1) All of the following areaccurate descriptions of modern marketing EXCEPT which one? A) Marketing is the creation of valuefor customers. B) Selling and advertising aremarketing tools. C) Marketing involves satisfyingcustomers' needs. D) Marketing
1 Draw the schematic winding diagram for 4 pole 48 slot stator winding of three phase induction motor with description pole region current directions
1 2 Which is the best description of authorized shares The total amount of shares that can be publicly traded The total amount of shares held by the directors The total amount of shares a company has received cash for The total amount of shares that
Given that 1 2 4 3 5 00 8 V8 the following system 3 co 4 2 7 6 of linear 185 13 equations 47 144 99 3 18 T x 1 x y 13 7 143281344318 47 48 1 18 x Y 19 144 T 3 Cr Co 1 9 1 16 6 5 18 1 0 1 18 6 N 19 T 144 5 1 2w 1 36 5 2 24 3 16 5 18 Y 20 218
1. ABC analysis is based upon the principle that A) all items in inventory must be monitored very closely. B) more time should be spent on class "C" items because thereare more of them. C) an item is critical if its usage is high. D) there are
1 ABC analysis is based upon the principle that A all items in inventory must be monitored very closely B more time should be spent on class C items because there are more of them C an item is critical if its usage is high D there are usually a few
1 Which of the following is NOT a method of assessing aregression model? A. Doing an F-test for the overall validity of the model B.Doing an F-test for the ratio of variances C. Observing theR-squared value D. Doing a t-test for slopes 2 The degrees
1 Definitions of Corporate Social Responsibility recognise that a Business ethics is a complex issue that can be interpreted in different ways b The natural environment should be the main focus of CSR activities c Companies have a responsibility for
1 Consider the following production planning problem for the next 3 months Suppose you produce tables and chairs The demands for the products are shown in Table 1 Table 1 Demands Month 1 units Tables Chairs Desks TL Tables Chairs 100 Desks 40 20 8 5
1 Iff and g are differentiable functions then the Product Rule for derivatives states that fxgx By integrating BOTH sides of the above equation we get fxgx gxfx dx fxgx For now we omit the customary C We can split the lefthand side into the sum
1. Which of the following is not a service department in a typical manufacturing firm? A) personnel B) security C) fabrication D) maintenance 8. Cool Company uses ABC costing. Which of the following is most likely to be the cost driver for the cost
1 Consider the system of linear equations X1 2x2x3X42x52 2x1 x2 x3 3x4x5 1 X1 2x2x3 2x5 4 a Apply elementary row operations to put the augmented matrix of this system into reduced row echelon form RREF b Write down the general solution of
11 You will read 6 sentences Choose the word or phrase that best completes each sentence The Plane finally arrived after a of three hours slowing stall halt delay Appliances and electronics are sold on the second landing stage floor base
#1 What is the definition of a uniquely complementary asset oractivity? a. Acknowledgment by customers that you provide a uniqueactivity. b. High powered incentives that create high performance/pay. c. Assets that uniquely enhance the value of other
1) Which of the following statements about marketing is true? A)It is of little importance when products are standardized. B) It can help create jobs in the economy by increasing demand for goods and services. C) It helps to build a loyal customer
1-Quality function deployment? (QFD) is largelyfocused? on: Reducing the number of parts in a product Testing the robustness of a design Ensuring that the eventual design of a product or service meetscustomer needs Reducing costs and preventing
o 18 Which of these represent qualitative data p a Height of a student q b Liking or disliking of 500 persons of a product c The income of a government servant in a city d Yield from a wheat plot r S
a S36 is the set of all divisors of 36 and D is the relation divisor of on S36 prove that S36 D is a complemented lattice Also draw Hasse diagram for the same b Answer these questions for the poset 1 2 4 1 2 1 4 2 4 3 4 1 3 4 234 a Find the maximal
1 Consider the following sentences John likes all kind of food Apples are food Chicken is food Anything anyone eats and is not killed by is food Bill eats peanuts and is still alive a Translate these sentences into formulas in predicate logic b
Under which category must a question be skipped if the question image posted by the student is blurred Answer a I need more information b Do not have Subject Knowledge to answer c AbusiveSpam d Question is from different subject O A C
Design a 5GHz full-wavelength microstrip resonator in ADS using 50Ohm physical lines (TLINP) assuming an attenuation of 1.4dB/m and an effective dielectric constant K = 2.1. The resonator is terminated in an open circuit and coupled to an input 50
1.A process that involves continuously improving and detailing a plan as more detail become available is termed as a. projectanalysis b. project enhancing c. progressive deliberation d.progressive elaboration 2. "Risk" is usually as the project
1 Which of the following is true at breakeven point a Sales revenue variable cost b Profit fixed cost variable cost c Sales revenue total costvariable cost d Contribution fixed cost 2 The margin of safety may be defined as a Difference between
1 A budget is a plan of action expressed in a Financial terms b Nonfinancial terms c Both d Subjective matter 2 Budget is prepared for a a Indefinite period b Definite period c Period of one year d Six monthshe follo Chapter 9 10 Q Who is responsib
could you solve this using u substitution? if so, please do and show all work
A wound is healing in such a way that t days since Sunday the area of the wound has been decreasing at a rate of 3t21 cm per day If on Monday the area of the wound was 2cm i What was the area of the wound on Sunday ii What is the anticipated area of
1 Multiplexer design The pin diagram and function table for the 74151 IC is shown here Strobe Data Inputs Figure 1 74151 IC 8x1 mux 16 7 4 3 2 1 15 14 13 12 S DO DI D2 D3 D4 D5 D6 D7 Vcc C 9 GND 74151 8 BA 10 11 Select inputs Y W 5 6 Output Y W
1.Which one of the following statements is true? LinkedIn works best for B2B organizations Pinterest is great for driving traffic to your product catalogon your website Facebook is excellent for businesses that operate in theconsumer market All of
1. The real rate of interest reflects compensation for? Time value of money Future value Present value None of the options are correct 2. An annuity may be defined as a series of unlimited payments of equal amounts. a series of equal payments for a
1. How are ideas tested in the implementation stage? a. by producing products and having the customer use them b. by designing the final product c. through detailed, high-cost experiments d. through rapid prototyping 2. Select an activity that is
Why is video marketing such a powerful, versatile and effective marketing channel for online environments? Your assignment must contain at least one real world example.
1 Ram started business with a capital of Rs 10000 2 He purchased furniture for cash R 4000 3 He purchased goods from Mohan on credit Rs 2000 4 He paid cash to Mohan Rs 1000 j38 1 2 8 0 3 4 1 2 3 4 Date Cash Account Particulars To Capital Account
1. What are the service management characteristics of the CSR job? 2. Define the mission statement and strategy of the Help Desk. Why is the Help Desk important? Who are its customers? 3. How would you handle the customer affected by the inaccurate
BankUSA Forecasting Help Desk Demand by Day Case Study managers accountants and trust account administra tors These internal customers originate over 98 percent of the volume of Help Desk inquiries Over 50 different internal processes and
1 Which of the following is correct syntax for writing out the following expression in Excel Assume that the variable x has been named x in the Name Manager or Name Box 5 173 5137x O5137x 5137x 5137x2 What value will be displayed in cell A6 when the
1 The real added value of the authors research on residential real estate properties is quantifying peoples preferences of different transport services True False 2 Regression is a statistical technique developed by Blaise Pascal False True 3 What
1.Which of the following are measures of central tendency? Checkall that apply. A.The median B.A sample statistic C.The mode D.The lowest value E. The mean A measure of central tendency is a single value that identifiesthe center of a distribution.
1 A project is a series of activities and tasks that a Have a specific objective b Have defined start and end dates Have funding limits Consume resources All of the above C d e 2 Successful project management can be defined as achieving project
1 Michael Jordan likes to take 3point shots In fact the number of 3point shots he takes up to time t is a Poisson process with rate 10 per hour We assume that a game starts at 6pm a What is the expected number of 3point shots he takes in the first
1.What is operations management? 2.Why is operations management important for a business? 3.How does operations management effects the profitability of abusiness?
1. Which of the following enables firm to determine what theorganization might do? a Strategic plan b Internal Analysis c External Analysis d Strategic Management 2. The following are components of the MissionStatement EXCEPT : a competitors b
1.) A supervisor's salary is an example of: A.) Direct labor. B.) Variable factory overhead. C.) A standard cost. D.) Fixed manufacturing costs. 2.) If the hourly wage rate actually paid during January ishigher than the standard rate, the result is:
1. Which of the following is finally produced by HierarchicalClustering? A. Final estimate of cluster centeroids B. Tree showing how close things are to each other C. Euclidean distance between clusters d. All of the mentioned 2. Which if the
11 In a direct marketing channel which has no intermediary levels the company sells directly to consumers OA True B False 12 From the economic systems point of view the role of marketing intermediaries is to transform the assortment of products made
1. Solve the following a. Gary surveyed 10 of the 50 people on the top floor and askedthem about their favorite flavor of soda. Determine whether this isa population or sample and next describe the parameter orstatistic. b. Johnny is studying the
10 The two internal elements of SWOT analysis are A O weaknesses and threats B O opportunities and threats C O strength and weaknesses D O strengths and threats
a The solution to the equation 10 x 6 1000000 is x b Use logarithmic notation to represent the solution to the equation in part a Preview Enter a mathematical expression more c The value of log100000 is 106 Preview It represents the exponent on
I Pauls Notes Section 13 Assignment Problems 1 2 3 5 II The following integrals Sz x16 2 14x dx 1 3 dx 9 dx x 4 x2x dx note that x 2x x1 1 dx x a In C x a 5 Show that a
1 In a zerosum game the saddle point in a payoff matrix is always the A largest number in its column and the largest number in its row B largest number in its column and the smallest number in its row C smallest number in its column and the largest
Emmons Lawn Maintenance ELM provides lawn and garden care for residential properties In the current year ELM maintains 93 properties and earns an average of 8600 annually for each property The owner of ELM is planning for the coming year New
1 In management process the most misinterpreted word is A Organizing B Delegating C Controlling D Planning 2 Who said Management is a multiple purpose organ that manages a business manages a manager and manages workers and work A Harold Konntz B
11 Which one of these statistics is unaffected by outliers A Interquartile range B Mean C Standard deviation D Range 12 By inspection determine which of the following sets of numbers has the smallest standard deviation A 2 3 4 5 B 4445 C 55 5 5 D 0
. In the accounting records, the fixed assets are normallyrecorded:? 1. At cost 2. At book value 3. At scrap value 4. At repalcement value
10 points The ESPN Home Run Tracker computes a variety of measurements for every home run hit in Major League Baseball including true distance speed of bat elevation angle and apex Independent random samples of home runs during the 2013 season were
12 Pioneer of Human Relations is A O Mary Parkett B O Lillian Gilberth C O Henry Fayol D O Elton Mayo
1. During the Victorian era, drinking water in London was contaminated. filtered. scarce. 2. What is an antonym for earnest? frivolous serious sincere 3. What does Algernon find indecent about Mary Farquhar? She flirts openly with Jack. She flirts
Anyone by the help of maplesoft, matlab, or online calculator also hand writing
2192020 Calculus IIlVector Fields Assignment Problems Pauls Online Notes Home Calculus III Line Integrals Vector Fields ASSIGNMENT PROBLEMS NOTICE Please do not email me to get solutions andor answers to these problems I will not give them out
10Management should find One best way to perform a task Which technique of Scientific management is defined in this sentence a Time study b Motion study c Fatigue study d Method study
1 Managerial accounting information is generally prepared for A regulatory agencies B investors C managers D stockholders 2 Which one of the following is not part of managerial accounting A Calculating product cost B Reporting financial information
1 Fractions Solve the following fractions Leave answer in fraction form but reduce a a b 2 2 Decimals Convert the following fractions into decimal forms 4 13 x 7 11 3 C d 43 10 37 100 53 Percentages a Convert 3566 to a decimal form Show work b
1 The nature of an asset is best described as a b C d a b C d 2 Which financial statement covers a period of time Balance sheet Income statement C d a b something with physical form thats valued at cost of purchase in the accounting records 3 How
y 11 Which of the following is NOT a business transaction A The company sells goods for cash B The company buys land for cash C The company hires a new president D The company pays a dividend to its shareholders 12 The financial statements are
19 we must arrange the data before calculating 1 Point the mode the arithmetic mean quartile standard deviation 20 let ZN01 then pZ
Integrate
3 2 3x 2x8 dx 2
1 Listen Threats to Independence 10 marks total 5 miniscenarios 2 marks each Maintaining independence is fundamental in the context of assurance services including audits Auditors must maintain Independence in fact as well as Independence in
17 SSE can never be a larger than SST c equal to 1 18 A regression analysis between sales in 1000 and price in dollars resulted in the following equation 500008X The above equation implies that an a increase of 1 in price is associated with a
1 Reports that present data without analysis or recommendations usually are informational or analytical reports State one 1 point t
17- - Which one is not a recognized key skill ofmanagement? A- Conceptual skills B- Human skills C- Technical skills D- Writing skills 18- Which of the following elements is not normallycommon in projects? 1- No defined end point 2- An objective 3-
FOLLOW THE EXERCISE
2 Let a b E R and let fab R R be the function defined as fabx ax b for all x E R Use this for the problems below a Prove that G fab a b R and a 0 is a group where the operation is composition Note you only have to show properties G2 and G3 of
12 Maximize Pxy5x7y Subject to x3ys3 x18y12 x20 y20 Then the corner points of the feasible region are Select one O O O a 00 30 65 35 0 23 b 00 3065 35 01 c 00 120 65 35 0 23 hp Next pag
18 Secure Sockets LayerTransport Layer Security is the most common form of securing a digital channel of communication True False 7C2C businesses provide a market in which consumers can sell goods to each other True False 14 A technological design
convert the following products into a sum or difference
2 3sin353sin15 3 Evaluate the following expression 4cos40cos504sin275sin 175
20. A game is said to be fair if the expected value for winnings is 0, that is, in the long run, the player can expect to win nothing. Consider the following game. The game costs $1 to play and the winnings are $5 for red, $3 for blue, $2 for yellow
1.Objectives of the assignment problem caninclude minimize total costs. minimize total time to perform thetasks at hand. minimize opportunitycosts. maximize profit. All of these 2. Practically speaking,multiple optimal solutions ________. are
24. A regression line is a straight line which: (Select all thatapply) [JUSTIFY ANSWER WITH RATIONALES] A. is located as close as possible to all the points of ascatter chart B. is defined by an equation having 2 parameters: the slope andthe
2 Let p denote the ith prime integer so that p 2 p2 3 p3 5 and so on Prove or disprove For all n Z P1P2P3 Pn 1 is prime 3 Prove that there are infinitely many prime integers Hint Suppose there are only a finite number of primes say P P2 Pn
19 Look at this series 8 6 9 23 87 What number should come next A 128 B 226 C 324 D 429
2 Selfawareness is an important selfassessment tool to determine O the way you perceive yourself O how much you need to live on O what skills you have O All of the above 4 Transferable skills are Oskills developed from previous jobs O skills that
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