1- Which of the following statements corectly distinguishes between financial and management
Management is oriented more toward the planning and control aspects of management
2 - Services differ fro tangible products on which of the following
Universidad Interamericana de Puerto Rico
Recinto de San Germn
Departamento de Ciencias Empresariales y Gerenciales
Cost Accounting 2055
Prof. Dr. Eliezer Romeu
ID # _ Saln / Hora
Parte 1 :JOB ORDER COSTING PROBLEM ( 50 pts)
Assignment Name: Hansen/Mowen: Cornerstones of Cost Accounting, Chapter 5
Bullrun Company uses a predetermined overhead rate based on direct labor cost to apply
manufacturing overhead to jobs. The following information applies to the compa
P2-2A These items are taken from the financial statements of Tresh Corporation for 2014.
For the year ended December 31, 2014
P3-2A Nina Finzelberg started her own consulting firm, Finzelberg Consulting Inc., on May 1, 2014.
The following transactions occurred during the month of May.
E3-1 Selected transactions for Warner Advertising Company, Inc., are listed here.
1. Issued common stock to investors in exchange for cash received from investors.
> increase in assets and increase in stockholders equity.
2. Paid monthly rent.
Name: Acctg 1161
Quizz Cap 2
1.Use the following data to determine the total dollar amount of assets to be classified as
Koonce Office Supplies
December 31, 2014
E2-1 The following are the major balance sheet classifications.
Accumulated depreciation equipment
Income taxes payable
P1-3A On June 1, Hightower Service Co. was started with an initial investment in the company of $22,100 cash. Here are the assets, liabilities, and common stock of the company at
June 30, and the revenues and expenses for the month of June, its first mont
1. CASO HEALTHSOUTH CORPORATION
2. Justificacin o Importancia del Caso Elegido El caso HealthSouth nos demuestra que la
administracin carente de tica no puede prosperar; tarde o temprano la verdad sale a relucir. Durante
dcadas Richard M. Scrushy se benef
El gerente, se define como, aquella persona que tiene la responsabilidad de la operacin de una
empresa, institucin o negocio. Este es un lder con la capacidad dirigir, ordenar y guiar dicha
empresa, institucin o negocio. Un gerente, asume cierto tipo de l
Wilnery M. Rivera Pagn
21 de agosto de 2013
ACCT 1161 - Prof. Echevarra
1. Contabilidad (Accounting) : Sistema para llevar las cuentas de una empresa o entidad.
2. Negocio (Business, deal)
a. establecimiento o empresa comercial (busine
a) Earnings per share =
Net incomePreferred dividend
Average common share outshanding
Earnings per share (2013) =
$ 113,000$ 0
Earnings per share (2014) =
$ 100,000$ 0
* La ganancia por accin de Fell
For the Month Ended May 31, 2014
Salaries and wages expense
Maintenance and repairs expense
Total de expenses
Instructions for the Microsoft Excel Templates
Be advised, the worksheet and workbooks are not protected.
Extensive detail and information is contained within the manual.
Striking the "F1" key or following the path "Windows>Excel Help" will invoke the Off
FINANCIAL ACCOUNTING AND ACCOUNTING STANDARDS
IFRS questions are available at the end of this chapter.
F T T T F F F F T T F F T T F T F T T F
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20
Internal and Governmental Financial Auditing and Operational Auditing
26-1 Internal auditors who perform financial auditing are responsible for evaluating whether their company's internal controls are designed and operating ef
Other Assurance Services and Nonassurance Services
25-1 Levels of assurance represent the degree of certainty the practitioner has attained, and wishes to convey, that the conclusions stated in his or her report are correct. A
Chapter 24 Completing the Audit
Review Questions There are four presentation and disclosure-related audit objectives:
PRESENTATION AND DISCLOSURE-RELATED AUDIT OBJECTIVES Occurrence and rights and obligations Completeness Accuracy and valuation Class
1Chapter 22 Audit of the Capital Acquisition and Repayment Cycle
Review Questions 22-1 Four examples of interest bearing liability accounts commonly found on balance sheets are: 1. 2. 3. 4. Notes payable Contracts payable Mortgages payable Bonds payable
Chapter 21 Audit of the Inventory and Warehousing Cycle
21-1 Inventory is often the most difficult and time consuming part of many audit engagements because: 1. 2. 3. 4. 5. Inventory is generally a major item on the balance sheet and ofte
1Chapter 20 Audit of the Payroll and Personnel Cycle
20-1 General ledger accounts that are likely to be affected by the payroll and personnel cycle in most audits include the following: Cash Inventory Construction in progress Wages payabl
Chapter 18 Audit of the Acquisition and Payment Cycle: Tests of Controls, Substantive Tests of Transactions, and Accounts Payable
Review Questions a. Asset accounts:
Office supplies Delivery equipment Machinery and equipment Land Cash in bank Prepa
1Chapter 16 Completing the Tests in the Sales and Collection Cycle: Accounts Receivable
16-1 Tests of details of balances are designed to determine the reasonableness of the balances in sales, accounts receivable, and other account balanc
1Chapter 15 Audit Sampling for Tests of Controls and Substantive Tests of Transactions
15-1 A representative sample is one in which the characteristics of interest for the sample are approximately the same as for the population (that is,
1Chapter 12 The Impact of Information Technology on the Audit Process
12-1 The proper installation of IT can lead to internal control enhancements by replacing manually-performed controls with computer-performed controls. ITbased accounti