Answer:
The correct answer is letter "E": modular design.
Explanation:
Modular design is a type of approach by which a design is divided into independent components called modules that can be arranged among them creating different systems. The greatest advantage of modular design relies on customization since the modules can be easily upgraded or changed.
Answer:
Insider Trading
Explanation:
Insider trading is an illegal act which is performed by an individual on the bases of confidential information. Any information which is not for public use and is used for personal benefit is an offense which is committed by Sally.
She leaked the information to Alice who further used that information to her own personal benefit which is straight off an illegal act falling in the category of insider trading.
Answer:
What amount should be reported in the company's income statement as income from continuing operations?
$54000
Explanation:
revenue 600000
Operating expenses -420000
Interest expense -20000
gain on sale of investments 30000
restructuirng cost -100000
Income 90000
Tax rate 40%
tax expense 36000
Net income 54000
Answer:
b. As both an increase in the equipment account and an increase in contributions from donated services.
Explanation:
When the flood damages the vehicles there was a loss in the value of the organisation's equipment. The actor of restoring it to its previous state will require an addition to equipment account. So there will be an increase in equipment.
The services provided by the mechanic were free and will be recorded as a donated service. This is an increase in contributions from donated services.
There is no expense recorded as the services were performed for free.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
The balance in the Work-in-Process Inventory account was $10,000 at the beginning of the month and $22,000 at the end of the month. During the month, the company incurred direct materials cost of $63,000 and the direct labor cost of $39,000. The actual manufacturing overhead cost incurred was $40,000. The manufacturing overhead cost applied to Work-in-Process was $43,000.
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 10,000 + 63,000 + 39,000 + 40,000 - 22,000= $130,000
