What is the most common cost allocation method in practice? Give the general formula for a mixed cost. Which term represents the variable cost and the fixed cost? Explain the concepts of fixed cost versus variable cost. Also contrast the concept of fixed cost to sunk cost. Exp...
Explain briefly the internal rate of return method. Briefly define the term "political risk". Define or describe the following term: Financial risk. Describe risk perception. Describe briefly the meaning of a state of nature, and explain how this concept is used to provide expected measures of ...
In addition to the WPE, Nordstrand's method produces a set of point features with popula- tion counts. With nearly a billion locations rep- resented, these point features are big data. The geographic data enrichment tools that add de- mographic and lifestyle data to maps depend on those ...
Explain how to calculate and record depreciation expense under the units-of-activity method. 1. Describe the purpose of depreciation (or cost recovery) deductions. 2. Give an example of how it benefits a company. Is depreciation a method of valuation or allocation? Exp...
State and explain the computational steps of a Net Present Value (NPV) calculation. What information does NPV provide a management team of a business and what kind of decis Given that the net present value (NPV) is generally considered to be the best method of analysis, why should you still...
Explain how is income taxes payable reported on the balance sheet. Explain how the investment account is affected by investee activities under the equity method. What is a non-taxable property exchange? Define this term and give an example. Explain why tax allocation is necessary. How i...
Explain the different types of remuneration and incentives plans. What does the actuarial term "vested benefits" mean? Briefly describe group depreciation, and describe how asset retirements are recorded under this method. What does the actuarial term "accumulated benefits" ...
Briefly explain how to account for a change in depreciation method. Depreciation Method: The company management is the one responsible in electing the depreciation method to be used in depreciating their property, plant and equipment. Depreciation methods include straight line, declining balance...
Identify and explain current business taxation requirements in Australia. In your answer, discuss common differences between the tax payable method and the tax effect method of accounting for income tax, providing examples. Describe the three parties engaged in every business transaction and how understa...
Explain your rationale. 1. What is the justification for the timing of recognition of income under the equity method? 2. What argument could be made against the equity method? Define the term "negotiable instrument." In your response, list and identify the parties ...