malupiton2022

You are working for a biotech company that has designed a new enzyme that modifies the headgroups of phosphorylated PI lipids in vitro. This enzyme is extremely active and soluble, however it has poor affinity for a biological membrane. Your job is to modify the enzyme to increase its affinity for the membrane.
1. How you would alter the enzyme to increase its affinity for a biological membrane? Explain your choices.
2. What experiments would you perform to test your designed protein?
3. What would be the expected outcome of these experiments be if you were successful in your task?

MERCHANDISING

The amount of increase or decrease in a cost that is expectedfrom a course of action as compared to an alternative is calleda(n)

A. sunk cost

B. variable cost

C. differential cost

D. opportunity cost

E. period cost

_____________ is a costmanagement technique in which the firm determines the required costfor a product or service in order to earn a desired profit when themarketplace establishes the product's selling price.
A. Relevant costing
B. Product costing
C. Differential costing
D. Target costing

______________ can bemeasured as the income that could have been earned on an asset,based on the potential rate of return that is lost or sacrificedwhen one alternative use of the asset is chosen over another.
A. Target cost
B. Sunk cost
C. Opportunity cost
D. Allocated cost

_____________ costsbetween two alternative projects are those that would result fromselecting one alternative instead of the other.
A. Allocated
B. Differential
C. Sunk
D. Irrelevant

Which of the followingcost classifications would not be considered relevant in comparingdecision alternatives?
A. Opportunity cost.
B. Differential cost.
C. Sunk cost.
D. None of the above.

In considering whether toaccept a special order at a price less than the normal sellingprice of the product and where the additional sales will make useof present idle capacity, which of the following costs will not berelevant?
A. Direct labor.
B. Direct materials.
C. Variable manufacturing overhead.
D. Fixed manufacturing overhead that cannot be avoided.

A cost classified "fordecision making purposes" would include:
A. period cost.
B. opportunity cost.
C. controllable cost.
D. inventoriable cost.

Relevant costs indecision-making:
A. are future costs that represent differences between decisionalternatives.
B. result from past decisions.
C. should not influence the decision.
D. none of the above.

A cost is consideredrelevant if:
A. it is positive.
B. it is sunk.
C. it makes a difference.
D. it can't be changed.

If a cost is irrelevant toa decision, the cost could not be a:
A. fixed cost.
B. sunk cost.
C. differential cost.
D. variable cost.

The potential rental valueof space used in the manufacturing process:
A. is a variable production cost.
B. is an unavoidable production cost.
C. is a sunk production cost.
D. is an opportunity cost if production is notoutsourced.

1. wee1 inactivates mitotic cyclin kinase complexes by ______ the kinase portion.

a) dephosphorylating

b) phosphorylating

c) acetylating

d) methylating

2. which protein must be phosphorylated before it degraded?

a) anaphase inhibitor

b) cyclin

c) S phase inhibitor

d) cyclin kinase

3. phosphorylation of histones are carried out by _____

a) MPF

b) G1 cyclin kinase

c) SPF

d) cdc14

4. cells are "stuck" in ____ if lamins are not phosphorylated

a) prophase

b) G1

c) S

d) metaphase

A cost that cannot be avoided or changed because it arises from apast decision, and is irrelevant to future decisions, is calleda(n):



a. Uncontrollable cost. b. Incremental cost. c. Opportunity cost.d. Out-of-pocket cost. e. Sunk cost.

which protein must be phosphorylated before it degraded?

a) anaphase inhibitor

b) cyclin

c) S phase inhibitor

d) cyclin kinase

. ____ is an activator of p21 transcription if there is DNA damage?

a) SPF

b) Myc

c) E2F

d) p53

A company paid $200,000 ten years ago for a specialized machinethat has no salvage value and is being depreciated at the rate of$10,000 per year. The company is considering using the machine in anew project that will have incremental revenues of $28,000 per yearand annual cash expenses of $20,000. In analyzing the new project,the $200,000 original cost of the machine is an example ofa(n):

Incremental cost.

Opportunity cost.

Variable cost.

Sunk cost.

Out-of-pocket cost.

A company paid $400,000 five years ago for a specialized machinethat has no salvage value and is being depreciated at the rate of$40,000 per year. The company is considering using the machine in anew project that will have incremental revenues of $48,000 per yearand annual cash expenses of $30,000. In analyzing the new project,the $40,000 depreciation on the machine is an example ofa(n):

A. Variable cost.
B. Out-of-pocket cost.
C. Incremental cost.
D. Opportunity cost.
E. Sunk cost.

Which of the following is not in the correct order of cell cycleprogression?

a. interphase, prophase, cytokinesis

b. G2, telophase, G1

c. G1, S, cytokinesis

d. cytokinesis, G1, S

e.mitosis, cytokinesis, G2

Which of the following statements are correct?

a. Cells in G1 enter S phase when cyclin levels decrease.

b. MPF activity decreases the level of mitotic cylin.

c. Cells that enter M phase must progress to G1.

d. MPF activity correlates with levels of mitotic cyclin

e. Mitotic cyclin is degraded by endosomes after beingubiquitinylated by MPF

1. wee1inactivates mitotic cyclin kinase complexes by ___ the kinase portion

3. phosphorylation of histones is carried out by ___

5.

which protein only interacts with E2F if it is not phosphorylated?

A company paid $400,000 five years ago for a specialized machine that has no salvage value and is being depreciated at the rate of $40,000 per year. The company is considering using the machine in a new project that will have incremental revenues of $48,000 per year and annual cash expenses of $30,000. In analyzing the new project, the $40,000 depreciation on the machine is an example of a(n):

1.Which of the following (more than one) are part of the mitotic phase?

A. Cytokinesis

B. Gap 2 (G2)

C. Gap 1 (G1)

D. Synthesis (S)

E. Mitosis

2. Which of the following are a part of interphase?

A. Gap 2 (G2)

B. Gap 1 (G1)

C. Mitosis

D. Synthesis (S)

E. Cytokinesis

A company paid $400,000 five years ago for a specialized machinethat has no salvage value and is being depreciated at the rate of$40,000 per year. The company is considering using the machine in anew project that will have incremental revenues of $48,000 per yearand annual cash expenses of $30,000. In analyzing the new project,the $40,000 depreciation on the machine is an example ofa(n):

A. Variable cost.
B. Out-of-pocket cost.
C. Incremental cost.
D. Opportunity cost.
E. Sunk cost.

2. A company paid $200,000 eight years ago for a specializedmachine that has no salvage value and is being depreciated at therate of $20,000 per year. The company is considering using thismachine in a new project that will have incremental revenues of$35,000 per year and annual cash costs of $17,000. In analyzing thenew project, the $200,000 cost of the old machine is an example ofa(n)? A. sunk cost. B. out-of-pocket cost. C. opportunity cost. D.incremental cost.

A fixed cost would be:

The first item appearing on the statement of retained earnings is

A)the ending balance of retained earnings
B)the beginning balance of retained earnings
C)owner withdrawals
D)net income

Accumulated depreciation appears on the

A company with sales of $50,000, variable costs of $35,000, and fixed costs of $25,000 will earn a net income of $15,000

True or False?

1)Net income for a period does not appear in which of thefollowing.
Choose one.
A) Income statement debit column of the worksheet
B) Statement of retained earnings
C) Statement of retained earnings credit column of theworksheet.
D) Balance sheet

2) True or False. If a net loss occurs, it appears in the IncomeStatement
credit column and Statement of retained earnings debit column.

please explain.

What is TRUE if the income statement credit column exceeds the income statement debit column on a worksheet?

Which ONE of the following is TRUE with respect to International Financial Reporting Standards (IFRS)

Adopted by the IRS as a substitute for U.S. GAAP

Developed by a joint committee of the AICPA and the European Union.

Allowed by the SEC for use in the United States by non-U.S. companies

Developed by a high commission of the United Nations

m owns 60% of b corp and 40% of c corp. c owns 20% of b corp. under the constructive ownership rules of section 318, m is treated as owning:

a. 60% of b

b. 68% of b

c. 80% of b

d. 100% of B

Which ONE of the following would NOT be reported as a financing activity on a statement of cash flows?

Amount received as new investment from stockholders

Amount paid as cash dividends

Amount borrowed

Amount collected from the sale of a building

Amount paid to repurchase shares of stock

An example of income in respect to a decedent (IRD) for a cash method of accounting taxpayer is:

Options:

Which of the following is most likely to be a variable cost?

depreciation of factory equipment

direct materials

supervisory salaries

total production costs

Documentation assistsaudit supervisors to review the quality of work performed.
Documentation assistsplanning and performing the audit.
Documentation ensures allmisstatements are discovered.
Documentation holdsauditors accountable for the work performed.

Which of the following is classified as an operating activity on the statement of cash flows?

A. payment of dividends

B. sale of equipment

C. issuance of common stock

D. purchase of inventory

Which of the following is classified as a financing activity on a statement of cash flows?

A. purchase of a vendor's common stock

B. sale of equipment at a gain

C. payment of dividends to shareholders

D. redemption of a sinking fund

7._____ A company had a book balance at October 31^st of $9,320. The bank statement showed the following: interest revenue of $25, a $150 NSF check, a note collected by the bank of $500, and service charges of $20. What is the reconciled cash balance on October 31^st?

A. $8,625

B. $10,015

C. $9,675

D. $8,675

8._____Which of the following items would you deduct from the bank statement balance to calculate the reconciled cash balance on the bank reconciliation?

A. Deposits in transit

B. Book error – a $300 check recorded as $175

C. Bank service charges

D. None of the above

9._____In reconciling the March bank statement, the supervisor discovered that the bookkeeper had recorded a check written for $32 as $23 in the cash disbursements journal. For the bank reconciliation, the $9 error should be:

A. Added to the balance per bank statement

B. Added to the balance per general ledger

C. Deducted from the balance per bank statement

D. Deducted from the balance per general ledger

10._____In reconciling the October bank statement, the supervisor discovered that the bookkeeper had recorded a check written for $257 as $275 in the cash disbursements journal. For the bank reconciliation, the $18 error should be:

A. Added to the balance per bank statement

B. Added to the balance per general ledger

C. Deducted from the balance per bank statement

D. Deducted from the balance per general ledger

11._____Which of the following would you add to the balance per general ledger to arrive at the reconciled cash balance in the bank reconciliation?

A. Bank service charge

B. Collection of a note by bank

C. “NSF” checks

D. Deposits in transit

A company is trying to decide whether to sell partiallycompleted goods in their current state or incur additional costs tofinish the goods and sell them as compete units. Which is notrelevent?

A.selling price of completed units

b. the costs previously incurred to process the units to thispart.

c. selling price of partially completed units.

d the costs that will be incurred to finish units

Which of the following is a FALSE statement about target costing?

Target costing determines the desired cost for a product upon the basis of a given competitive price such that the product price:

Question 6

A company is trying to decide whether to sell partiallycompleted goods in their current state or incur additional costs tofinish the goods and sell them as complete units. Which of thefollowing is not relevant to the decision?

Question 7

YXZ Company’s market for the Model 55 has changed significantly,and YXZ has had to drop the price per unit from $275 to $135. Thereare some units in the work in process inventory that have costs of$160 per unit associated with them. YXZ could sell these units intheir current state for $100 each. It will cost YXZ $10 per unit tocomplete these units so that they can be sold for $135 each.
Which of the following is the amount of sunk costs in thisproblem?

Question 8

Ricket Company has 1,500 obsolete calculators that are carriedin inventory at a cost of $13,200. If these calculators areupgraded at a cost of $9,500, they could be sold for $22,500.Alternatively, the calculators could be sold “as is” for $9,000.What is the net advantage or disadvantage of reworking thecalculators?

Question 9

Which is the proper order of steps in the target costingprocess?

Question 10

Which of the following is not a valid criticism of cost pluspricing?

Which of the following is a condition that must be met for revenue to be recognized on the income statement?

1. Under ASC Topic 606, which of the following is not a criteria for revenue recognition?

a. Collectibility is probable.

b. Rights regarding goods or services have been identified.

c. The shipping terms are clearly stated in the contract.

d. Delivery has occurred or services have been rendered.

2. In the case of sales where the customer is billed before delivery of the goods,

a. the seller should always recognize revenue before the products are delivered to the customer.

b. the goods belong to the customer and revenue recognition is deferred until delivery.

c. the seller may recognize revenue if control of the goods has been transferred to the customer even though physical delivery has not taken place.

d. revenue will not be recognized until the goods are shipped to the customer.

3. Which of the following statements is not true regarding ASC Topic 606?

a. Long-term construction contracts is an area where the new standard clearly differs from existing guidance.

b. Current guidance on long-term contracts gives more flexibility to firms for determining when revenue is recognized.

c. The new standard precludes the use of percentage-of-completion method for long-term construction contracts.

d. Adoption for calendar reporting entities is first required for calendar 2018.

4. Which of the following statements is true prior to ASC Topic 606 regarding accounting for revenue recognition?

a. At the end of a long-term construction project, "retained earnings" will be the same whether the completed-contract or the percentage-of-completion method of accounting is used for the project.

b. Under GAAP, the completed-contract method is always an acceptable alternative to the percentage-of-completion method of accounting for a long-term construction project.

c. Input measures are not applicable to any revenue recognition accounting method.

d. Net asset balances will be the same no matter what revenue recognition method is used.

5. Under U.S. GAAP, cash interest from investments is reported on the statement of cash flows as part of investing activities whereas under IFRS, cash interest from investments is reported as part of financing activities.

True or False