Questions
1.Which of the following is not a requirement of a valid contract in the context of...

1.Which of the following is not a requirement of a valid contract in the context of revenue recognition?

a. In writing
b. Commercial substance
c. Terms for payments
d. Enforceable rights and obligations

2.Which of the following does not identify a good or service as "distinct"?

a. The customer can benefit from the good or service on its own.
b. The entity regularly sells the good or service separately.
c. The customer can benefit from the good or service together with other resources that are readily available to the customer.
d. The good or service is part of an interrelated bundle.

3.If a payment from a customer is variable (rather than fixed), the transaction price should be based on the:

a. expected (probability-weighted) outcome.
b. expected (probability-weighted) outcome or most likely outcome, depending on which answer best predicts consideration ultimately received (in management's judgment).
c. most likely outcome.
d. expected (probability-weighted) outcome or most likely outcome, depending on which answer gives the most conservative measure of the consideration to be ultimately received.

4.Which of the following statements about variable consideration is true?

a. Noncash consideration may be ignored.
b. A company is constrained from recognizing variable consideration early when the consideration is highly uncertain and largely beyond management's control.
c. The time value of money may be ignored for long-term contracts.
d. The transaction price should be reduced by an estimated loss from customer credit risk.

5.Step 4 of the revenue recognition process requires the allocation of the transaction price to separate performance obligations in the contract based on their relative fair values. Approaches to estimate fair value are the (1) residual approach, (2) stand-alone selling price, (3) expected cost plus margin approach, and (4) adjusted market assessment approach. What is the preference ordering of the alternative approaches?

a. 1, 2, 3, 4
b. 2, 3, 4, 1
c. 2, 4, 3, 1
d. 3, 1, 2, 4

In: Accounting

(a) Find the cosine of the angle between the lines L1 and L2 whose vector equations are given below:

(a) Find the cosine of the angle between the lines L1 and L2 whose vector equations are given below:

L1 : ~r1(t) = [1, 1, 1] + t[1, 2, 3]

L2 : ~r2(t) = [1, 1, 1] + t[−1, 4, 2].

(b) Find the equation of the plane that contains both L1 and L2.

In: Math

Consider the equation below. (If an answer does not exist, enter DNE.) f(x) = x^(4) -...

Consider the equation below. (If an answer does not exist, enter DNE.)

f(x) = x^(4) - 50x^(2) + 8

1) Find interval f is decreasing

2) Local minimum value

3) inflection points, 2 points

4) concave up interval

5) concave down inteval

In: Math

20 Items were randomly selected from a large inventory. If 10% of the items in the...

20 Items were randomly selected from a large inventory. If 10% of the items in the inventory are made in Asia,

1. What is the probability that exactly 4 of the 20 items selected are made in Asia? (2 Points)



2. What is the probability that at most 4 of the 20 items selected are made in Asia? (2 Points)

In: Statistics and Probability

1. respiratory system 2. cardiovascular system


1. respiratory system

2. cardiovascular system

3. nervous system

4. endocrine system

5. urinary System

In: Nursing

a promoter ___ a cis acting site 1. is 2. is not

a promoter ___ a cis acting site

1. is

2. is not

In: Biology

1. What is surveillance? 2. What is reliability?

1. What is surveillance?

2. What is reliability?

3. What is validity? 

4. What is specificity?

In: Biology

?? , ? = 1, 2, 3 are i.i.d. with p.d.f. ??? (?) = 0 ?...

?? , ? = 1, 2, 3 are i.i.d. with p.d.f. ??? (?) = 0 ? < 0

   ??−?? ? > 0 .

1 Let ?0 : ? = 1, ?1 : ? = 2. Find the Neyman-Pearson test (or test from Neyman-Pearson lemma).

2 Let ?0 : ? = 1, ?1 : 0 < ? < 1 or ? > 1. Find the likelihood ratio test.

3 Find the threshold in the likelihood ratio test above that makes type I error ? equals 0.01.

In: Statistics and Probability

5)   Solve 2yy’’ = 1 + (y’)^2

5)   Solve 2yy’’ = 1 + (y’)^2

In: Advanced Math

14. The utility function is as follows: ? = (? + 2)(? + 1) ???????? ??...

14. The utility function is as follows: ? = (? + 2)(? + 1) ???????? ?? = ?? ,?? = ?? ??? ? = ? a. Write the Lagrangian function, find the x* and y* in terms of the parameters Px, Py and B. check whether the second order sufficient condition holds. b. Make a comparative-static analysis to find the effect of a respective change in B, Px and Py on x* and y*.

In: Economics