If the person (working in GEMADEPT LOGISTIC (HOSE)) you are interviewing were back in school taking a management accounting class, what do they wish they learned that would be helpful in their job now?
Q: Skysong is contemplating a capital project costing $34838. The project will provide annual cost…
A: NET PRESENT VALUE Net Present Value is one of the Important Capital Budgeting Technique. Net…
Q: 1. Explain and describe the type of information needed by each of these users: Revenue expenses…
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Wildhorse Company provides the following information about its defined benefit pension plan for the…
A: The pension expense is referred to as the service cost. The pension expense is the expenses incurred…
Q: Ms. Elpram manages a bond portfolio valued at $105 million. The bonds in this portfolio have a face…
A: This problem involves calculating the net profit from a hedged position in the bond market, which…
Q: Problem 8. Due to financial difficulty and insolvency, NFL Inc. used different types of debt…
A: The carrying value of a bond refers to the amount that the bond is recorded on the issuer's balance…
Q: Accounting II Project Wendover Fashions The purpose of this problem is to combine concepts from…
A: A journal entry is a form of accounting entry that is used to report a business transaction in a…
Q: Suppose you make equal quarterly deposits of $1.000 into a fund that pays interest a rate of 16% per…
A: TIME VALUE OF MONEY Time Value of Money is the value of money received today is more than the value…
Q: Assume the following transactions for DAN company during their first month of work: 1. The…
A: Accounting Equation: Total Assets=Total Liabilities+Total Equity
Q: Question 6 As an accountant user, where can you access and begin reclassifying transactions? + New >…
A: Reclassification of transactions refers to transferring an amount from one Ledger to the other…
Q: McCoy Corporation issued $460,000 of 7% 10-year bonds. The bonds are dated and sold on January 1,…
A: The carrying amount, also known as the carrying value, is the asset's cost less accrued…
Q: Question 9 When logged into QuickBooks Online Accountant, where can you view apps that are connected…
A: Quick book is a online accounting platform . Quick book provides easy way to record accounting…
Q: The company had credit sales of $100,000 for the calendrer period 2021. Accounts receivable at the…
A: Bad Debt :— Accounts Receivable which are impossible to collect from customer is called bad debt.…
Q: Required information [The following information applies to the questions displayed below.] On June…
A: Stockholder’s equity refers to the business assets which are remained after the payment of all the…
Q: Which 2 forms related to employees and contractors do you need to file at year end? Form 1-9 Form…
A: Employees are the persons who are working for the entity under an agreement by which they received…
Q: Flynn Company purchased 70 Rinehart Company 6%, 10-year, $1,000 bonds on January 1, 2020, for…
A: Bonds Bonds are the units of corporate debt issued by company and securitized as tradeable assets. A…
Q: Instructions: 1. Calculate the re-measurement gain (loss) or translation adjustments. 2. Translate…
A: Exchange of Foreign Currency. When the companies operate companies in different Countries, So the…
Q: ATZ Corporation produces a popular brand of vacuum cleaners that is backed by a five-year warranty.…
A: Cost of Quality Cost of quality is the concept that includes all the costs relating to manufacturing…
Q: The following was the Balance sheet of A, B and C sharing profits and losses in the proportion of…
A: Account title and explanation Debit (RO) Credit (RO) Bank 125,000.00 D's Capital…
Q: Gold Star Rice, Limited, of Thailand exports Thai rice throughout Asia. The company grows three…
A: The question is based on the concept of Cost Accounting. Break even point is the point at which…
Q: High degree of operating leverage signals the existence of a high portion of variable costs True O…
A: Lets understand the basics. Operating leverage indicates how the net operating income change due to…
Q: Earned Income Tax Credit
A: Every US resident has to file taxes on income earned for the year. However, various provisions and…
Q: the book I use for study: Horngren's Cost Accounting: A Managerial Emphasis, 16th edition, Global…
A: When some raw materials or finished goods are wasted they are known as spoiled goods. When some…
Q: Total 1. Following are the details of Mr. X's business income for the year ended 2014 Cash at Bank…
A: Trading and industrial wealth refer to the assets and resources that are used in a business or…
Q: Refer to the following lease amortization schedule. The 10 payments are made annually starting with…
A: INTRODUCTION: An outstanding balance is an amount owed on any debt that carries interest, such as a…
Q: 8. What is the payback period of a project that has an initial investment of $100,000 and generates…
A: Answer (8)The payback period of a project is the amount of time it takes for the net present value…
Q: When you claim that a corporation has negative working capital, what does it mean?
A: The money you have had on hand to meet your current and short-term obligations is known as working…
Q: S, K and P are in a Partnership business as Machinery Manufacturers. They share Profits as 4:3:3.…
A: Dr Trading And Profit and loss A/ c…
Q: Journey's Umbrella Factory. • Sales Forecast for Q4 in 2022: Selling price = $20 per umbrella •…
A: Direct Labour Hours: The amount of direct labour required to create one unit of a product is…
Q: 4- A storage company constructed a small building to store its unused vehicles and other moveable…
A: The accounting for construction contract is different from other accounting. It includes revenue and…
Q: Question 1 Harris Fabrics computes its predetermined overhead rate annually on the basis of direct…
A: Answer Predetermined overhead rate = Estimated total manufacturing overhead cost / Estimated…
Q: Can you please discuss the extent to which Corporate Governance codes, rules and regulations satisfy…
A: Corporate Governance codes, rules, and regulations provide a framework for effective management of…
Q: Question 15 If you don't see the Copy to purchase order feature from within an estimate, where do…
A: Quick book online is a accounting software. It is cloud based accounting software which makes…
Q: material cost for 100 D is made up of: 1. The standard kg of Chemical Chemical Chemical A 30 kg @ RO…
A: Price variance is the actual unit cost of an item less its standard cost, multiplied by the quantity…
Q: as follows: Engine parts Shop direct labor Shop and repair equipment depreciation Shop supervisor…
A: Lets understand the basics. Predetermine overhead rate is calculated by dividing estimated…
Q: Prepared from a situation suggested by Professor John W. Hardy) Lone Star Meat Packers is a major…
A: Financial Advantage / Disadvantage The incremental revenues and incremental costs are taken together…
Q: Great Adventures Problem AP10-1 [The following information applies to the questions displayed…
A: Shares - Equity ownership in a corporation is represented by shares. Shares are a type of financial…
Q: 23 How will you solve the circular reference problem in Excel?
A: Enabling iterative calculation in Excel allows the program to solve circular references by…
Q: Financial activities
A: A cash flow statement plays a key role in understanding the flow of cash within an organization for…
Q: Creating an Accounting Information System You are the CEO of a newly incorporated retail firm that…
A: There is a need to keep records of various transactions that happen in the ordinary course of the…
Q: M Company is a publicly held company whose shares are traded in the over-the-counter market. The…
A: The questions asked to compute the required figures Shareholders' equity: Shareholders' equity…
Q: Specify the composition of inventories according to the International Accounting Standard (IAS) 2…
A: As per IAS 2 Inventories, these are assets held for sale in ordinary course of business or to be…
Q: Question 14 What should you do to streamline the purchasing process once the customer approves an…
A: This will streamline the purchasing process by ensuring that all details from the estimate are…
Q: On December 1, 20X8, Denizen Corporation entered into a 120-day forward contract to purchase 200,000…
A: Forward contract Forward contract is defined as an agreement initiated between two parties for…
Q: The capital structure of P Company at December 31, 2022 follows: 12% Preference share capital, Php…
A: Preferred shares are those which are given priority to pay dividends over common shareholders.…
Q: PT Superstar has entered into a contract beginning January 31, 2021, to build a sport center. The…
A: The percentage-of-completion method is a method of accounting for long-term contracts, such as…
Q: Alpha Sounds Corp., an electric guitar retailer, was organized by Michele Kirby, Paul Glenn, and…
A: Account Debit Credit Cash $ 14,000 Common stock $ 14,000
Q: What are 4 status types that can be assigned to an estimate in QuickBooks Online? Accepted…
A:
Q: X, Y and Z were partners sharing profits in the proportion of 3:2:1. Y Retires from the business.…
A: The partnership is referred to as the formal agreement which is made between two or more persons for…
Q: Nakamura, CPA, has accepted an engagement to audit the financial statements of Grant Manufacturing…
A: The key internal controls are listed as below- -Segregation and rotation of duties. -Authorization…
Q: Why should the client sign up for QuickBooks Payment: and not an accountant user? O Only the company…
A: Quick book payments is online system of payments that are used quite extensively for doing payments…
Ma1.
9. If the person (working in GEMADEPT LOGISTIC (HOSE)) you are interviewing were back in school taking a
Step by step
Solved in 2 steps
- You are employed by a business consulting firm as an information systems specialist. You havejust begun an assignment with a startup company and are discussing with the owner her need for anaccounting system. How would you respond to the following questions from the owner?a. What is the meaning of the term accounting system?b. What is the purpose of an accounting system and what are its basic functions?c. Who is responsible for designing and implementing an accounting system?Accounting information systems by Gelinas: Why does the accountants need to learn about information systems?1. What is the relationship between accountants and AIS? 2. What are some of the improvements that you may witness from BPR in conjunction with IT systems?
- Q1) Which aspect of the management process involves determining what the organization needs to do and how best to get it done? a. Processing b. Controlling c. Planning d. Monitoring e. Organizing This true or false Question from BUSINESS MATHEMATICS Course,just write for me the final answer.Accounting information systems by Gelinas: As an accountant, why do you need to know how to talk to systems designers and developers? What topics must you able to understand and discuss with them?4. Describe various career opportunities in accounting as well as in Computer Science. Moreover, also discuss how accounting could be an Information System for Business.
- 4) Keep your handwritten answer sheet with yourself as you will also be required to teacher. Q1: a) Distinguish management accounting from financial accounting. b). Explain the limitations of management accounting. c) What is the role of the management accountant in the management process?Answer the question correctly. Thank you. What do you believe to be the primary advantage that human accountants have over many accounting software programs that are in use today? Please answer in 2 paragraphs. Do not be redundant in answering.how managers (internal user) and customers (external user) use accounting information? Give one real-life example for each user
- Accounting information systems by Gelinas: Why does accountants need to learn about the technical aspects of information systems?What were some interesting management accounting concepts that came up this week? At this point, do you see the management accounting approach being more or less useful than financial accounting for you? Why?Why is accounting quality important in financial analyst. Provide an example showing one of the concepts provided in lesson 3