que1:

Indicate in which section of the Statement of Cash Flows the "Issuance of Long Term Debt" would appear in and the impact on cash.

Operating Activities

Investing Activities

Financing Activities

Non-Cash Investing and Financing Activity / No impact on Cash

que 2

instruction: For the following transaction, identify the manufacturing cost (DM, DL or MOH) or non-manufacturing cost classification. Also, indicate whether or not the transaction would result in being reported as a product cost or period cost.

Transaction:

Salaries paid to Carpenters while constructing cheap homes for the homeless population.

Direct Material Cost

Direct Labor Cost

Manufacturing Overhead Cost

Non-Manufacturing Cost

Product Cost

Period Cost

que 3

Instruction: For the following transaction, identify the manufacturing cost (DM, DL or MOH) or non-manufacturing cost classification. Also, indicate whether or not the transaction would result in being reported as a product cost or period cost.

Transaction:

Salaries paid to a security guard responsible for watching over materials used in the construction of cheap homes for the homeless population.

Direct Material Cost

Direct Labor Cost

Manufacturing Overhead Cost

Non-Manufacturing Cost

Product Cost

Period Cost

que 4

Which of the following generally does not require a fair value adjustment at reporting date?

	a.	Debt securities accounted for as Held to Maturity
	b.	Equity securities accounted for as Trading Securities.
	c.	Debit securities accounted for under the Available for Sale Method
	d.	Equity securities accounted for under the Available for Sale Method