Accounting

UpBeat Inc ( )

According to the provision 1, bank needs to take permission from Upbeat Inc to sell its receivables in case of default also which is not the right accounting practice. It is totally against the principal of US GAAP. The bank has full statutory authorities to sell different receivables of Upbeat Inc in case of company’s […]

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Accounting

Critically discuss the similarities and differences between the Great Irish Famine and recent famines of Africa and Asia

4500 This definition focuses on the failure of that particular region to deal with the symptoms of famine. It also focuses on the role played by the market. accounting for changes in market demands which hence impacts what happens in the local markets. Many of these regions hit by famines are particularly sensitive to world […]

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Accounting

Risk Process and Security Policy

This paper uses OCTAVE methodological approach to assess the security risks of Becoming Company with particular focus to the various information assets (both hardware and software) in the company and their operational contexts, as well as the sensitivity and confidentiality of the kind of information, kept on the company systems. The identified risks are analyzed […]

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Accounting

Financial Accounting Funding Methods

2500 Barclay PLC has two main business clusters. Firstly it deals with global retail banking and secondly, it deals with Investment Banking and wealth management. Both these businesses and brands are world renowned and have made a major impact across the world in the banking sector. The company also has two major areas of business. […]

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Accounting

Accounting Transparency

Due What is Accounting Transparency? Simply defined accounting transparency refers to a company’s responsibility to provide concise, clear, honest, and balanced view of their financial situation to their shareholders. Accounting transparency, specifically, relates to the financial reporting, in regards to accounting, where companies share their financial situation to the public. There is essentially a good […]

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Accounting

Accrual Accounting

Cash flow statement is prepared separately to account for all the cash transactions and determine the hard cash position of the business apart from its profitability and sales figures, etc.nbsp.If accounting was only based on cash, no credit transactions could have been made. in fact, we would have been violating the principle of Going Concern. […]

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Accounting

Communication Technology in Business

ion and Communication Technology acquirement should be managed by businesses in order to increase the service innovation practices and how these innovations improve the competitive ability of the certain organization, in particular, the Unique Trust Bank. While it is determined that the adoption of the Information and Communication Technology benefits any business, there is no […]

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Accounting

The IFRS and the Accounting Standards

The IFRS Foundation is the organization behind IFRS development, promotion, adoption, and oversight. It is a private, not-for-profit organization whose functions are being governed by a board of trustees. The accounting standards are set and determined by IFRS Foundation through the International Accounting Standard Board (IASB), an independent board working under the Foundation. The trustees […]

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Accounting

SAM 445 UNIT 1

Managerial Accounting Managerial Accounting According to Weyandt, Kimmel, amp. Kieso , managerial accounting is a process that identifies measures, analyzes, interprets and communicates information that seeks the goals of an organization. It remains as an integral part in management process since managerial accountants are core strategic partners in an organization team. There is great distinction […]

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Accounting

Statements of Financial Accounting Standards (SFAS) 116 and 117

xecutive Summary ments of Financial Accounting Standards (SFAS) 116 And 117 Affiliation: The ment of Financial Accounting Standards (SFAS) 116 and 117 establishes principles that are used for financial statement reporting and donations in the not-for –profit and non-governmental institutions and other entities making or getting contributions (McCarthy et al., 2012). Contributions made are treated […]

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Accounting

Closing Entries

Closing Entries Closing Entries Companies close their ledger accounts to begin a new ledger the following year. The businesses need to begin from zero to get significant information (Warren, Reeve amp. Duchac, 2012). When businesses account for expenses and income, they have a specific time, for instance year-to-date. They present information which occurred during that […]

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Accounting

Audit and Assurance Coursework You are to consider how the auditor approaches the directors going concern assertion

why has it changed over time most importantly, what current criticism and proposals have been initiated since the credit c Are changes called for? ’….. ‘What can I draw from my data?’ For any business, there is always the assumption that the business will continue for a long time. In accounting, this assumption is referred […]

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Accounting

Questions 7 and 8

Questions 7 and 8 Questions 7 and 8 Productivity of any business is the key to an organization success. In case workers do not use the available resources and their time efficiently, they end up costing the company money. This might result in deterioration of productivity of the business despite the increase in number of […]

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Accounting

Religion in culture and society

f religious and cultural diversity intolerance has been fading over time, with the increase in the prevalence of both cultural relativism and globalization. Globalization can be simply termed as the process by which people from different cultures are connected and made to interact with each other. On the other hand, cultural relativism is the thought […]

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Accounting

Variance Analysis

July 28, Variance Analysis Introduction Variance analysis compares both actual performance and standards (Zimmerman, ). Standards serve as guides for the line and staff employees. Favorable or unfavorable outcomes occur. The important variance analysis management tool enhances performance.Price Variance AnalysisAs an example of materials’ price variance analysis, the Obama Company sets the standard purchase price […]

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Accounting

Discuss the benefits and drawback of fair value accounting measurement visvis other measurements with respect to enhancing the quality of financial information

The accounting system demands an estimation of fair market value in order to demonstrate the present value of future cash flows (Penman, 2007). Many financial analysts are of the opinion that the fair value accounting has significantly contributed to the reasons behind financial crisis of 2008 (IMF, 2009). In this paper the statement will be […]

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Accounting

T&amp

T had a great year, but they need to meet targets set by the banker, Huaweii Bank Inc. They had been Question Please help me to solve this question, show me the detail, thanks ! Trump amp; Trudeau Inc.Balance SheetEndingBeginningBalanceBalanceAssetsCash$1,200,000$1,400,000Accounts receivable1,530,0001,450,000Inventory1,380,0001,320,000Plant and equipment, net3,620,0003,680,000Investment in Brexit Sunk Inc.280,000250,000Land (undeveloped)370,000380,000Total assets$8,380,000$8,480,000Liabilities and Shareholders’ EquityOperating Line$1,310,000$1,360,000Accounts payable$1,700,000$1,800,000Current […]

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Accounting

How has

variable and absorption costing affected managerial accounting in the past? How will Question How has variable and absorption costing affected managerial accounting in the past? How will the variable and absorption costing affect managerial accounting in the future? Will this variable and absorption costing affect you in your career? Why, or why not? How does […]

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Accounting

1 Why is decentralized management used when the managers usually don’t have the experience or training?2

Question 1. Why is decentralized management used when the managers usually don’t have the experience or training? 2. What is the best type of responsibility accounting center and why? 3. Why is lean, manufacturing considered made-to-order, custom-order, short, or lean manufacturing? 4. Why does lean manufacturing emphasize product-oriented layout, whereas traditional manufacturing disregards setup time […]

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Accounting

Discuss how a

firm should address ethical issues as they relate to managerial accounting. For example, are there Question Discuss how a firm should address ethical issues as they relate to managerial accounting. For example, are there written regulatory or legal guidelines concerning managerial accounting improprieties, are employees evaluated on ethical behavior related to managerial accounting, and how […]

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Accounting

This is the 3 parts

Financial Accounting. Need a really quality work. Show all work clear and I need the Question This is the 3 parts. Financial Accounting. Need a really quality work. Show all work clear and I need the answer attached in a file. No photos. 3 hours and 15 minutes. ACCOUNTINGPart 1Despite the existence of standards and […]

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Accounting

Examine PepsiCo Inc ’s Consolidated Balance Sheet on p A6 in Appendix A of Financial Accounting especially

Question Examine PepsiCo, Inc.’s Consolidated Balance Sheet on p. A6 in Appendix A of Financial Accounting, especially its Current Assets, Current Liabilities, and Total Assets for years 2005 and 2004. Calculate the following for PepsiCo, Inc. and show your work: The Current Ratio for 2005 The Current Ratio for 2004 Two measures of vertical analysis—for […]

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Accounting

Which of the following statements explain permanent differences between tax and financial

Question . Which of the following statements explain permanent differences between tax and financial accounting? i. Income is recognized in one period for tax and in another period for financial accounting ii. Income is recognized for accounting but not for tax purposes. iii. Expenses not deductible for tax purposes are deductible for financial accounting. iv. […]

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Accounting

1 Give the definitions of

Management accounting (the origin, role and principles) amp Management accounting Question 1. Give the definitions of Management accounting (the origin, role and principles) Management accounting (MA) system​. 2. Explain the distinction between management accounting and financial accounting. Financial Accounting

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Accounting

Kubin Company’s relevant range of production is 21 000 to 25 000 units When it produces and sells 23 000 units

Question Kubin Company’s relevant range of production is 21,000 to 25,000 units. When it produces and sells 23,000 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $8.10 Direct labor $5.10 Variable manufacturing overhead $2.60 Fixed manufacturing overhead $6.10 Fixed selling expense $4.60 Fixed administrative expense $3.60 Sales commissions […]

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Accounting

The decisionmaking authority assigned to managers within the different responsibility centers (cost profit and

Question The decision-making authority assigned to managers within the different responsibility centers (cost, profit and investment) will differ based on the type of center because the role of management’s responsibilities also differs. Therefore, the accounting information required for planning, control, and performance evaluation differs according to the nature of these responsibilities. Managerial Accounting

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Accounting

Resource

Ch. 3 of Financial Question Resource Ch. 3 of Financial Accounting Complete Exercises E3-4 E3-9. Complete Problems P3-5A P3-6A. Submit as either a Microsoft® Excel® or Microsoft® Word document to the Assignment Files tab. Solution:a) 1. 2. 3. 4. 5. 6. 7. 8. 9.10 Stockholders invested $20,000 cash in the business.Purchased equipment for $5,000, paying $1,000 in cash and the balance of… Business

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Accounting

1

When there are so many other options, why do you suppose accounting would be considered the language of Question 1 When there are so many other options, why do you suppose accounting would be considered the language of business? Business

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Accounting

A The

utility gained from working. B.The value of the leisure time lost due to engaging in work-related Question D.The cost associated with engaging in time cousuming work.none of the above Financial Accounting

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Accounting

The percent of sales method is a forecasting method that predict financial elements based on their relationship to

Question The percent of sales method is a forecasting method that predict financial elements based on their relationship to sales. In other words, these items increase proportionately as sales increase. This method can be applied to many, but not all, of the elements of the pro forma statements. Which of the following cannot be accurately […]

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Accounting

Consider a firm with an EBIT of $850 000 The firm finances its assets with $2 500 000 debt (costing 7 5 percent)

Question Consider a firm with an EBIT of $850,000. The firm finances its assets with $2,500,000 debt (costing 7.5 percent) and 400,000 shares of stock selling at $5.00 per share. To reduce the firm’s risk associated with this financial leverage, the firm is considering reducing its debt by $1,000,000 by selling an additional 200,000 shares […]

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Accounting

1/Gilkey Corporation began the year with retained earnings of $310 000 During the year the company issued

Question 1/Gilkey Corporation began the year with retained earnings of $310,000. During the year, the company issued $420,000 of common stock, recorded expenses of $1,200,000, and paid dividends of $80,000. If Gilkey’s ending retained earnings was $330,000, what was the company’s revenue for the year? A.$1,720,000 B.$1,220,000 C.$1,300,000 D.$1,640,000 2/A local retail shop has been […]

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Accounting

Which of the following statements is true?

In a standard cost system, an unfavorable overhead volume variance Question Which of the following statements is true? In a standard cost system, an unfavorable overhead volume variance will result if: A. There is a favorable labor rate variance. B. Production is less than planned. C. There is an unfavorable labor efficiency variance. D. All […]

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Accounting

In this week’s discussion you will make connections between your chosen field and what you have learned about

Question In this week’s discussion, you will make connections between your chosen field and what you have learned about financial accounting up to this point. This discussion is important practice for the second part of your final project, in which you will analyze the practical applications of financial accounting in terms of how relevant it […]

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Accounting

Please Help Solve this problem Thank You Capture</a

Question Please Help Solve this problem, Thank You, The following information pertains to La Gorge’s Donut Store Co. : One-fourth of each store’s direct fixed expense would continue if either store was closed. La Gorge’s Donut Store Co. allocates common fixed expenses to each location on the basis of sales dollars. Management estimates that closing […]

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Accounting

Identify and discuss one characteristics of the partnership form of business organization Detail an advantage and

Question Identify and discuss one characteristics of the partnership form of business organization.Detail an advantage and a disadvantage to forming a partnership. State which financial statement you would want to review that would best illustrate the financial status to make important decisions on possible investments or capital expenditures. Financial Accounting

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Accounting

On December 31 20X5 Gretta Inc which reports its financial results in accordance with IFRS had an investment

Question On December 31, 20X5, Gretta Inc., which reports its financial results in accordance with IFRS, had an investment at FVOCI-elect in Gidget Corp. Gretta initially paid $13,000 for the investment. Its fair value at December 31, 20X5, was $14,000. On February 15, 20X6, Gretta sold its investment in Gidget for $14,600. Gretta’s policy is […]

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Accounting

Question

You are required to complete a summary of the article below. The article is attached and you need to Running Head: SUMMARY 1 Summary Summary 2 SummaryThis paper summarizes the article of Investigating the Relationship between ManagerialAccounting Control Orientation and Organizational… Business

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Accounting

Cease Fire Ltd has two production departments Machining and Assembly and two

service departments, Tooling Question Cease Fire Ltd has two production departments, Machining and Assembly and two service departments, Tooling and Maintenance.The budgeted activity levels for April 2015 were thus:Machining 400 hours $16 000Assembly 2400 hours $9 600The service departments are apportioned thus:Tooling 70% to Machining 20% to Assembly 10% to Maintenance Maintenance 50% to Machining […]

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Accounting

Write a

800-1,000 word paper on the following topic: Compare and 1 Running head: FINANCE. Title:Name:Institution: 2 The accord of financial accounting is that it reports past results utilizing recorded costaccounting. Financial accounting is in reverse… Business

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Accounting

Resources Statements of Financial Accounting Standards (SFAS) 116 and 117

sample Executive Summary Write a Question Resources: Statements of Financial Accounting Standards (SFAS) 116 and 117; sample Executive Summary Write a 700-word minimum summary assessing the requirements of SFAS 116 and 117 and its effect on the financial statements. ReferStatement of Financial Accounting Standards (SFAS) 116 and 117 Executive SummaryConferring to the University of Phoenix […]

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Accounting

Be offered on the company web site and in the mail order catalog You will useincremental steps to help you

Question be offered on the company web site and in the mail order catalog. You will use incremental steps to help you refine the characteristics of the product. Which of the following will you perform to determine the characteristics and features of the new product? Earned value analysis Requirements analysis Iteration Progressive elaboration 2.You are […]

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Accounting

The board of Zeros plc assesses divisional performance within the company primarily on the basis of a return on

Question The board of Zeros plc assesses divisional performance within the company primarily on the basis of a return on investment ratio. This is computed as follows: Operating profit/BV× 100 = ROI The figure of operating profit is obtained from a standard-costing-based profit statement (see Exhibit 301.1 for the two most recent such statements). The […]

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