can someone please answwr these quickly

QUESTION 1 10 points Save Anta Answer One of the following questions (10 marks): 1. Special Purpose Entity (SPC) techniques can be used to commit fraud and conduct off-balance sheet financing. Discuss how companies use this technique and explain the journal entries made by the two relevant companies involved in SPE 2. Explain the differences between an audit and a fraud examination. Support your answer with an example for each. 3. Explain the four legal elements of fraud. Support your answer with an example for each. For the toolbar, press ALT+F30 (PC) or ALT-FN-F10 (Mac QUESTIONS Answer one of the following questions (10 marks): 1. The selected data that follow relate to the XYZ Company. Raw material purchased Direct material used Direct labor $160,000 79,000 170,000 90,000 Manufacturing overbead applied Required: During the year, products costing $310,000 were completed. Prepare journal entries to record the preceding transactions and events. The company uses a perpetual inventory system. 2. ABC company currently manufactures a subassembly for its main product. The costs per unit are as follows: Direct materials $1.00 Direct labor 10.00 Variable overhead Fixed overhead 5.00 8.00 Total $24.00 Bill Company has contacted ABC company with an offer to sell them 5,000 of the subassemblies for $22.00 each. ABC company will eliminate $25,000 of fixed overhead if it accepts the proposal. Requirement: (A) What are the total relevant costs for ABC company? (b) Should ABC company make or buy the subassemblies? Explain your answer. hie TU TE QUESTION 4 Answer one of the following questions (5 marks): 1- What is financial leverage and how can you tell if it is being used effectively? 2- Why is depreciation expense irrelevant to most managerial decisions? 3- What is the role of opportunity costs in a make-or-buy decision? Explain how it affects the cost of making or buying. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)