Byrd Company experienced an accounting event that affected its financial statements as indicated below:Assets=Liab.+EquityRev.?Exp.=Net Inc.Cash Flow?=NA+?NA?+=?NAWhich of the following accounting events could have caused these effects on Byrd's statements?
A. Recognized depreciation expense under the double-declining-balance method.
B. Amortized patent cost under the straight-line method.
C. Recognized depletion expense under the units-of-production method.
D. All of these answer choices are correct.
Answer: D
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a. arousal cues b. salience cues c. involvement cues d. deception cues
Which one of the following statements is false concerning the retail inventory method?
A) In arriving at a cost-to-retail ratio, sales discounts are deducted from goods available for sale to determine ending inventory at retail. B) Employee discounts are subtracted from goods available for sale to compute ending inventory at retail. C) Abnormal inventory spoilage would be subtracted at both cost and retail in the determination of goods available for sale. D) Purchase returns and allowances must be subtracted from both the cost and retail value of the purchases.
The following are the results of the least squares regression method which was run to separate the fixed and variable components of the Zulli Corporation's monthly factory utility costs using the number of products produced: y = 49,222.2992 + 5.09 x R2
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James sells blank aluminum cans for soda manufacturers to fill and label. James would be classified as a(n):
A. account representative. B. detail salesperson. C. industrial products salesperson. D. direct salesperson. E. sales engineer.