• Q : Investigate a cashier....
    Accounting Basics :

    Problem: What steps would one take to investigate a cashier who is suspected of taking money out of the till? (300 words or less).

  • Q : Amount reported in the balance sheet....
    Accounting Basics :

    Papa reported net income of $56,000 for the year ended December 31, 2011. The fair value of the Papa stock on that date was $53 per share. What amount will be reported in the balance sheet of Nana C

  • Q : Reduce opportunities for fraud....
    Accounting Basics :

    1. What areas of the business are most at risk for fraud? 2. Identify any symptoms of fraud that appear to exist at the doughnut shop. 3. What steps could be taken to reduce opportunities for fraud?

  • Q : Employee embezzlement and management fraud....
    Accounting Basics :

    In each of the following examples, I need assistance identify whether it is an employee embezzlement, management fraud, investment scam, vendor fraud, customer fraud, or miscellaneous fraud.

  • Q : Costs incurred in manufacturing as variable-fixed-mixed cost....
    Accounting Basics :

    Classify each of the following costs incurred in manufacturing bicycles as variable (V), fixed (F), or mixed (M) cost (using number of units produced as the activity measure). Also indicate whether

  • Q : Detailed analysis on environmental green accounting....
    Accounting Basics :

    Detailed analysis on Environmental Green Accounting development in accounting information and strategy.

  • Q : Fraud accounting-name the five reactions to crises....
    Accounting Basics :

    He decides to fess up and let his boss know what he has been doing before he gets into any more trouble. Name the five reactions to crises and briefly describe how both Jim and Judd proceeded throug

  • Q : Association of certified fraud examiners....
    Accounting Basics :

    What is Well's background before becoming chairman of the Association of Certified Fraud Examiners? What major aspects of his background would be crucial to his success as a CFE?

  • Q : Determine the total cost for each price level....
    Accounting Basics :

    Find the EOQs and determine the total cost for each price level (i.e., complete the table below) for DR 304 if Drake were to purchase the glass cover from Easton.

  • Q : Computation of the carrying value of the patent....
    Accounting Basics :

    Prepare a computation of the carrying value of the patent as of December 31, 2008 on a separate Excel spreadsheet as directed on the Problem Set 3 directions.

  • Q : Overinvestment and underinvestment....
    Accounting Basics :

    Explain why the senior managers at Quantum Products have an incentive to overinvest. Explain why the senior managers at Aquafin Products have an incentive to underinvest.

  • Q : Corporations basis in the property....
    Accounting Basics :

    Problem: Eric transferred property with a basis of $100,000 and a fair market value of $125,000 to his 100% controlled corporation. The property was subject to a note payable to the bank for $60,000

  • Q : What is the total effect of the errors on net income....
    Accounting Basics :

    There were no other errors during 2010 or 2011, and no corrections have been made for any of the errors. Ignore income tax considerations. What is the total effect of the errors on 2011 net income?

  • Q : Evidence accumulated during a fraud investigation....
    Accounting Basics :

    Identify one category of evidence accumulated during a fraud investigation, and explain what types of items are classified as such. How does the forensic accountant work with the type of evidence yo

  • Q : Find total net income if products sold at split-off point....
    Accounting Basics :

    Q1. Determine total net income if all products are sold at the split-off point. Q2. Determine total net income if all products are sold after further processing.

  • Q : Determine the amount of net income allocated....
    Accounting Basics :

    In 2011, the partnerships income was $24,000, and Norr and Caylor worked 800 and 1,200 billable hours respectively. Each partner withdrew $1,000 per month throughout 2010 and 2011. Determine the amo

  • Q : Description of forensic accounting....
    Accounting Basics :

    You do some research for Dick, and put together a report including the following: 1) A description of what forensic accounting is.

  • Q : Accounting concepts....
    Accounting Basics :

    Describes the owner's plan, in terms of the ten accounting concepts (Economic entity, Going Concern, Stable Monetary Unit, Accountable Periods, Historical cost, Revenue Recognition, Matching, Full

  • Q : Median versus mean representation of central value....
    Accounting Basics :

    Problem: The median is often a better representative of the central value of a data set when the data set:

  • Q : What is the gross profit per unit....
    Accounting Basics :

    Compute the manufacturing cost per unit using the plantwide overhead rate based on direct labor hours. What is the gross profit per unit?

  • Q : Absorption costing vs variable costing....
    Accounting Basics :

    Problem: What are the differences between Absorption Costing Versus Variable Costing? Give an explanation and a complete example.

  • Q : Direct labor rate variance or efficiency variance for month....
    Accounting Basics :

    A) What is the direct labor (rate) variance for July? Indicate if it is favorable or unfavorable. B) What is the direct labor efficiency variance for July? Indicate if it is favorable or unfavorable.

  • Q : Prepare an analysis of work-in-process....
    Accounting Basics :

    Assuming Allison’s Engines assigned actual monthly overhead cost to jobs on the basis of actual monthly direct labor hours, prepare an analysis of work-in-process for the month of January.

  • Q : Machinery installed to replace employees....
    Accounting Basics :

    New machinery was installed to replace a number of employees, who were paid an extra month's wages and dismissed. This amount was added to the cost of the machinery.

  • Q : Compare and contrast the fasb and the gasb....
    Accounting Basics :

    Question: Please compare and contrast the FASB and the GASB. Provide references .

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