ingalls Engineering is a manufacturer that produces bracket assemblies. Demand for bracket assemblies (X) is 130 units. The following is the BOM in indented form: Description Bracket assembly Item Usage 1 A Wall board 4 Hanger subassembly Hanger casting 3 E Ceramic knob 1 C Rivet head screw 3 Metal tong Plastic cap F 4 G Below is a table indicating current inventory levels: Item X B D E F A C Inventory 25 16 60 20 180 160 1,000 100 What are the net requirements of item C in the MPS? O 404 O 270 O 295 O 150

Q: 3. Describe four decisions for which ABC information is useful.

A: ABC is referred to as "Activity Based Costing".

Q: Define special purpose entity (SPE)

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Q: ine Internal Control CORIT DIT E

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Q: Define carried interest

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Q: What is make-whole provision?

A: A call provision helps the issuer of the bond to call back or repurchase the bond at any time before…

Q: What is full form of GAAP? Describe about it.

A: Generally Accepted Accounting Principles, are commonly known as GAAP

Q: Give 3 examples of application controls

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Q: In which document would you find the MD&A? O A. Form 8-K O B. Form 10-K O C. Both A and B O D.…

A: Paid-in Capital Paid-in capital is that the total quantity cash equivalents contributed to a company…

Q: Define declaration date

A: Answer: Declaration data is nothing a date the dividends are declared. This is usually done first…

Q: A. Define transfer pricing and elaborate on FOUR (4) of its purposes.

A: Transfer pricing is the price which is to be calculated if there is any transaction between related…

Q: What are the two preconditions for the use of EAC?

A: It is also called as EAC, is the yearly expense of owning and preserving a asset that is calculated…

Q: What is GAAP in Full

A: GAAP is a combination of set of different policy standards

Q: Define the term CQS Plan?

A: Introduction: Usually, stock exchanges such as the New York Stock Exchange operate as a forum where…

Q: What are the 3 main sections of the CAFR?

A: CAFR is a set of financial statements for a state or other government entity that must conform with…

Q: What are the four basic assumptions underlie GAAP?

A:

Q: Distinguish between vesting and non-vesting conditions.

A: Share-based payments: These payments agreements are the transactions in which a third party is…

Q: Consistency Principal Definition

A: Generally Accepted Accounting Principles (GAAP):These are the guidelines necessary to create…

Q: Explain- Agency cost.

A:

Q: Define the term Net method.

A: As per the net method, the company records the amount of purchase by deducting any potential…

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Q: Define charter

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Q: Which does not belong to a category? * a. Labor b. Materials c. Overhead d. Purchases

A: Answer: Purchase

Q: developed the IPSASs? d.What are the scopes of the IP

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Q: What is covered by Regulation S–X?

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