The accountant for Kings Corporation has developed the following information

The accountant for Kings Corporation has developed the following information for the company’s defined-benefit pension plan for 2013: Service cost $500,000 Actual return on plan…

The accountant for Kings Corporation has developed the following information for the company’s defined-benefit pension plan for 2013: Service cost $500,000 Actual return on plan assets […]
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You are a newly-hired accountant working in the Finance department, and you have

You are a newly-hired accountant working in the Finance department, and you have just received your CPAlicense. Finding this job was dif±cult, but you ±nally…

You are a newly-hired accountant working in the Finance department, and you have just received your CPAlicense. Finding this job was dif±cult, but you ±nally have an in-house job with everything on your wishlist for your ideal position. As you audit some expense reports and bills you discover a pattern that appearsto have been going on for over a year. One of the top salespeople has been submitting over-stated expensesreports. The discrepancies average about $200 per month and have been as high as $400 per month. Duringon-boarding, you were told about the company’s strict policy that requires receipts for reimbursement, butyou also know that the IRS does not require receipts for expenses less than $25, a threshold which none ofthe missing receipts exceed.You just read an article about a high-pro±le whistle-blowing case where an employee reported her suspi-cions that her boss was possible engaged in insider trading. This person faced four months of interrogationfrom various departments within the company, was “outed” to her boss as a “snitch” and when asked aboutan internal transfer was told she could ±nd a transfer within the company by herself or simply ±nd anotherjob. You also remember from your university law classes that whistle-blowers are not protected as much asone would think.The question is: What criteria are you going to use as you determine your path of action which can rangefrom doing nothing, to going to your supervisor, or making an anonymous report to the company hot-line.
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[ANSWERED] Q 1. Bob Mathew, a forensic accountant, interviewed the following individuals fo

Q 1. Bob Mathew, a forensic accountant, interviewed the following individuals for a fraud case. Based on their body language, which of them is most…

Q 1. Bob Mathew, a forensic accountant, interviewed the following individuals for a fraud case. Based on their body language, which of them is most likely trying to deceive Bob?1) Payton avoided eye contact and kept her hands hidden.2) Devon sat on the chair, jiggling his feet, and kept his head levelled.3) Mia stood with her hands on her hips and rolled her eyes.4) Cody stood crossing his legs and kept his eyes on the floor.Q 2. Which of the following is a primary component of the basic communication process?1) employing2) referencing3) decoding4) deployingQ 3. Which of the following is one of the three fundamental stages of the interview process?1) evaluating2) memorizing3) analyzing4) memorializingQ 4. Compared to visual observations, auditory observations are more limited. T/FQ 5. Legal observations are made in situations where there is expectation of privacy. T/FQ 6. Legal observations can be considered a type of public record. T/F
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[ANSWERED] Regression AnalysisYou have recently been hired as a cost accountant at Travenol

Regression AnalysisYou have recently been hired as a cost accountant at Travenol Laboratories. The controller is an “oldschool” accountant and has heard that you recently…

Regression AnalysisYou have recently been hired as a cost accountant at Travenol Laboratories. The controller is an “oldschool” accountant and has heard that you recently graduated with a degree in accounting. One day hesummons you to his office to assign you a task. He says, “I understand that recently educatedaccountants are using a variety of statistical tools to determine causality between costs and theirrespective drivers. We have been using direct labor hours as our cost driver for our manufacturingoverhead costs for as long as I have been here. In the last few years our production processes havebecome more automated and I am not sure whether direct labor hours is the appropriate allocationbasis for our manufacturing overhead costs. I would like you to use some of those statistical tools todetermine whether there is a more appropriate cost driver.”You leave his office recognizing that this is a tremendous career opportunity. If you can convince yourboss that you can use statistical analysis to determine the best cost driver, you will have establishedyourself in the department as a knowledgeable professional. It is good fortune that one of your projectsin your cost class dealt specifically with this type of analysis.Year MOH DLH DL$ MH DM$2000 959,770 9,395 100,926 11,487 144,8512001 862,178 6,219 133,284 19,067 115,8292002 895,696 6,848 142,719 11,061 131,2972003 848,527 10,932 203,982 15,444 146,8172004 845,614 5,440 41,604 18,623 147,2082005 790,814 14,859 222,892 17,390 108,0882006 903,961 5,512 42,686 11,609 139,8312007 904,067 10,284 114,264 14,204 144,1302008 899,261 6,022 90,330 12,788 142,4032009 964,293 8,701 90,517 15,867 163,7672010 925,619 13,483 162,242 19,156 146,6852011 769,965 12,348 145,227 10,964 114,0072012 971,360 14,985 264,771 15,938 133,9552013 774,788 6,688 60,325 11,578 140,9282014 880,557 13,294 239,414 19,108 142,7462015 983,464 14,067 211,011 13,839 102,336MOH=Manufacturing Overhead MH=Machine HoursDLH=Direct Labor Hours DM$=Direct Material DollarsDL$=Direct Labor DollarsRequired:1. Perform a regression on DLH, DL$, MH and DM$ and comment on the following for each;a. The equationb. Goodness of fitc. Significance of independent variablesd. Any autocorrelation2. What would you recommend and why?
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Is the City Accountant’s TV interview and statements, if true, subject to a libel or slander lawsuit by the Mayor?

Question description (5b) The United States Supreme Court has held that any statement made within the organization by a public employee that can be considered…

Question description (5b) The United States Supreme Court has held that any statement made within the organization by a public employee that can be considered part […]
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