A+ answers of the following questions

Posted: July 31st, 2022

1) Multinational corporations __________.

A. are U.S. companies that trade their securities on the exchanges in other countries 

B. are U.S. companies that sell goods and services in other countries 

C. are firms that conduct their operations in more than one country through subsidiaries, divisions, or branches in foreign countries 

D. are required to use international accounting standards 

 

2) What is value chain management best defined as?

A. All activities associated with providing a product or service 

B. The incremental value of costs associated with hiring a new production floor leader 

C. A large chain that keeps the machines from falling on the production floor 

D. Management decisions that affect how quickly the production run occurs 

 

 

3) Sam’s Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March?

A. $8,250 

B. $750 

C. $5,250 

D. $4,500 

 

1) Which one of the following items is not generally used in preparing a statement of cash flows?

A. Additional information 

B. Current income statement 

C. Adjusted trial balance 

D. Comparative balance sheets 

 

 

2) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers?

A. It should sell an equal quantity of both 

B. Selling either results in the same additional income for the company 

C. Beer 

D. Wine 

 

3) What exists when budgeted costs exceed actual results?

A. An excess profit 

B. An unfavorable difference 

C. A budgeting error 

D. A favorable difference 

 

1) The standards and rules that are recognized as a general guide for financial reporting are called __________.

A. standards of financial reporting 

B. operating guidelines 

C. generally accepted accounting standards 

D. generally accepted accounting principles 

 

 

2) Managerial accounting __________.

A. places emphasis on special-purpose information 

B. pertains to the entity as a whole and is highly aggregated 

C. is concerned with costing products 

D. is governed by generally accepted accounting principles 

 

 

3) What is value chain management best defined as?

A. All activities associated with providing a product or service 

B. The incremental value of costs associated with hiring a new production floor leader 

C. A large chain that keeps the machines from falling on the production floor 

D. Management decisions that affect how quickly the production run occurs 

 

 

Question: 1

Assess your current comfort level to exposure to risk and determine if that comfort level is in your best interest when making investment decisions. Explain your rationale.

Discuss the biggest ethical concern(s) you have with investing your own money or offering advice to other people investing theirs, and the possible impact these ethical concerns may have on the market overall.

 

 

Question: 2

What do you think of when you hear the term academic honesty? How does knowing the difference among original ideas, common knowledge, and plagiarism help you stay honest when you write an academic paper? What are some of the consequences of not being academically honest?

 

Question:1

In what ways are forums or town halls effective to help groups of people combine competing views?

 

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