Questions from General Accounting


Q: Which of the following entities do you think would have the greatest

Which of the following entities do you think would have the greatest proportion of working capital held as accounts receivable? Why? (a) Local butcher (b) Hardware store (c) Stallholder at a weekend m...

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Q: JB Hi-Fi Ltd’s focus is on creating shareholder value.

JB Hi-Fi Ltd’s focus is on creating shareholder value. In its 2018 preliminary final report, the company states that the cornerstone of its success is its ability to consistently off...

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Q: Outline the advantages and disadvantages in using non-financial performance indicators

Outline the advantages and disadvantages in using non-financial performance indicators.

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Q: Discuss the basic principles in choosing non-financial performance indicators.

Discuss the basic principles in choosing non-financial performance indicators.

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Q: A division of a global multinational company reports sales of $1

A division of a global multinational company reports sales of $1 075 000, variable costs of $500 000, traceable fixed costs of $387 500, allocated regional common costs of $75 000 and allocated corpor...

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Q: Feather Pillows Ltd has three divisions: Hard, Medium and Soft

Feather Pillows Ltd has three divisions: Hard, Medium and Soft. Corporate expenses of $72 000 are allocated to divisions based on sales. Data for the current quarter are as follows. Required Prepare...

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Q: You have been presented with a proposal to invest $200 000

You have been presented with a proposal to invest $200 000 into a company (using $100 000 of borrowed funds). In the first year of operations, the net operating profit after tax is expected to be appr...

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Q: The following data relate to the Chinese Division of Hangzhou Incorporated.

The following data relate to the Chinese Division of Hangzhou Incorporated. Sales …………………………………………………… $360 000 Direct variable costs ……………………………... $120 000 Direct fixed costs …………………………………… $80 000...

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Q: Discuss the four types of responsibility centres.

Discuss the four types of responsibility centres.

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Q: For each of the following stakeholder groups, give an example of

For each of the following stakeholder groups, give an example of an eco-efficiency indicator. (a) Shareholders (b) Government (c) Top management (d) Site management (e) Project management (f) Division...

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