Describe responsibility accounting and its purpose
1. Describe responsibility accounting and its purpose. What conditions are necessary for responsibility accounting to be used effectively?
2. What is an investment center? What are the managers of an investment center responsible for?
Expected delivery within 24 Hours
Kinnear Plastics manufactures various components for the aircraft and marine industry. Kinnear buys plastic from two vendors: Tappan Corporation and Hill Enterprises.
Mathias has been the sole proprietor of a clothing store for many years. He intends to retire after holding a "liquidation sale".
In a joint process, Wear Art produces precut fabrics for three products: dresses, jackets, and blouses. Joint cost is allocated on the basis of relative sales value at split-off.
A $500,000 investment in a surface-mount placement machine is supposed to yeild annual savings of $92,500. It is not clear how long the machine will be used,but it is estimated that the machine's salvage value decreases at a rate of $45,000 per ye
Describe responsibility accounting and its purpose. What conditions are necessary for responsibility accounting to be used effectively?
A centrifugal pump is needed in a food processing plant has a first cost of $250,000. Use both the Sum of Years Digit (SOYD) depreciation and Straight Line (SD) depreciation accounting methods with a $50,000 salvage value and a 15 year depreciatio
Identify one other intangible asset that you think Starhub possesses but is not reported on its balance sheet. You need to explain why you believe the company possesses such intangible asset.
Which of the factors typically is the most difficult to determine by a lessee when considering if the present value of the minimum lease payments at the beginning of the lease term is at least substantially all of the fair value of the leased asse
If a company is determining the present value of the minimum lease payments under a lease, what interest rate should be used as the discount rate using US GAAP?
1958249
Questions Asked
3,689
Active Tutors
1443130
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
Question: Discover how the major schools of thought within sociology explain social stratification.
Compose a paper that compares and contrasts critical feminist theory and power-control theory as forms of gendered criminology. Your paper should:
Question: Which of the following are forms of media bias? (Select all that apply)
Q1. Explain how the Code of the Suburbs differs from the Code of the Street? Q2. Explain your general thoughts on the book.
Question: What is meant by indigenismo (Keywords in Week 2)? What is las cronicas de castas (Cope)?
Identify problems and concerns that contributed to the many race-related protests and unrest during the 2020 year.
When people get involved in community and social change but do not hold official political positions, which of the terms best describes what they are part of