With reference to the Flexible Budget Section attached in Annex X, Flexible-Budget Variance for Revenues was identified to be a favourable variance of $50, 400 due to the fact that there was an increase of 216 participants on top of the budgeted 1800 participants and also an additional increased in course fee of $25 on →
The transactions identified are then analyzed to determine the accounts affected and the amounts to be recorded. It is prepared to test the equality of debits and credits after closing entries are made.
Abstract The aim of the project is analysis and discussion of the four articles related to the economic subjects. The cost-effectiveness of each financial project is implied; this is why accounting the cost of brokers' services is crucial to make the proper choice.full-service brokers are eligible to tracking the stocks the client chooses and to →
Even with the institutions of ethics within the business macrocosm which seek to support SOX, there still exists a gulf between the ethics of the individual and the absolutism of ethical policy. And this is a hard pattern to change with a theoretical set of codes such as the ones contained in the act".
Moreover, there is a need to promote the role of nurses in tobacco control and in response to the recognition of potential contribution to the field. The benefits of charismatic or transformational leadership are thought to include broadening and elevating the interests of followers, generating awareness and acceptance among the followers of the purposes and →
The higher the risk element in a project, the A.more attractive the investment is.B.higher the net present value is.C.higher the cost of capital is.D.higher the discount rate is.9. The proper treatment of an investment in receivables and inventory is to A.ignore it B.add it to the required investment in fixed assets C.add it to the →
3 Organizational Analysis of TheCakes & Bakes There were 10 majordepartments in Cakes & Bakes, which are; Production & Planning Department Process Improvement Department Quality & Control Department Information Technology Department Product Development Human Resources Accounting & Finance Department Data processing Department Logistics Department The organizational chart of the company, see Appendix 2. The department →
He said that his family is happy with him but he is not satisfied with his Job. Opinion of the owner: The owner of the asset is quite satisfied with the tenant because he gets RSI.
It will attempt to explain the differences and analyze the degree of alignment between your values and the organization's values as reflected by the organization's plans and actions. It includes the origin and subsequent evolution of my personal and workplace values.
Our access to the internet as increased tenfold from theprevious years with many more plugging in to the World Wide Web every second, we like to call ourselves the.com generation or if you fancy the title" millennial" you are in the right timeline. The current norm is for a company's employees to be able toaccess →
If I had to answer this question right away I would say that I am in the middle, I say that because of after reading the chapter on crime It made me see all the problems our criminal justice system has that needs working out. This is where a lot of people would say the →
As of 2014, several broad categories of stem cells exist, including: Embryonic stem cells, derived from balloonists Fetal stem cells, obtained from fetus Post-natal stem cells, derived from newborn tissues Adult stem cells, found in adult tissues including Homeopathic stem cells, Mechanical stem cells, and Neural stem cells Cord blood stem cells, isolated from umbilical →
The Standard Chartered Group was formed in 1969 through a merger of two banks: The Standard Bank of British South Africa founded in 1863 and the Chartered Bank of India, Australia and China, founded in 1853. Both companies were keen to capitalize on the huge expansion of trade and to earn the handsome profits to →
1 Financial Statements Preparation and PresentationThe first report prepared is the Income Statement, which reveals the financial performance of the company for the financial year considered. However, in the financial statement of a company, the statement of changes in equity is presented after the Balance Sheet due to the importance that the latter statement have.
In production and management for the instability of the enterprise, the implementation of the profit smoothing method, can deliver to the outside a production and business operation stability of information, strengthen the inference of investors for the enterprise, stable prices, and also help to shareholders to wealth minimization goal. Earnings management to a certain extent →
Maria calculated the contribution margin and the unit contribution margin for each type of cookie, determined to reduce the production of lemon creme cookies and to increase the production capacity for the bulk order of real mint cookies. The unit contribution margin for the lemon cookies is smaller and Maria would have to increase the →
Controversy and obscureness in the definition of the footings ' zero C ' and ' carbon impersonal ' along with other nomenclature that implies a province of non being of the chief nursery gases is the nucleus of the much of the attending given to the subject of zero C places. Although the physical environment →
State which of the following items could appear on the balance sheet of a business as an asset. The hiring of a person is not considered to be the acquisition of an asset and so would not be recorded on the balance sheet but his salary would be considered a cost in the profit and →
Financial Administrator Retrieving assets, such as shareholders, creditors, banks Working in this field will require your complete assiduousness to serve clients furthermore be capable to definitely describe the financial services Capable of imparting instruction in different fields of the finance background including planning and control As a shareholder, you must implement different facts and law →
This will also help to ease their checking in their inventory; Compiling the cost of the items in inventory to the general ledger. To verify the amount of the total sold items in inventory they also compile the general ledger of the items sold.
The ICAI is involved in encouraging and enhancing close links between ICAI and its members serving the society in various capacities so as to provide for them, a base of reference in terms of knowledge, expertise, skills and assistance in individualcareergrowth through the development of extensive and intensive relationship with organizations and agencies of the →
When adolescents get to around the age of 15 they start to imbibe underage this stems the gross revenues in companies like Coca Cola as it means they are not acquiring as many gross revenues. Recycling policies: Coca Cola has to seek and do their bottles are reclaimable as possible without doing the bottles a →
The following are the major regulatory bodies in finance and accounting: The Financial Accounting Standards Boards oThis body is responsible for setting standard for reporting information on finances to the public. The goal of this body is to set a common, global accounting standard and promote the use of those standards.
Reward your reps for theirhard work and in turn, they will reward you with more sales. Track records: With sales automationsoftware you can track sales, commission and rewards of a particularsalesperson or for the whole sales department.
This is the reason why nurses are dubbed as " the hearts and hands of health care" and they continue to be the largest group of health care professionals. Department of Health and Human Services, there is a projected shortage of nurses in the United States ballooning to 800, 000 by the year 2020.is thus →
The process of speeding up and increasing the receivables and the process of handling the debt in a more scientific manner can be discussed only after researching the balance sheet. The capital needs and the cash levels of the organization should be monitored from time to time.
As of 2000, at 31 percent, Puerto Rico had the lowestemployment in the Americas and the Caribbean, as the article " RestoringGrowth in Puerto Rico: The Economic and Policy Challenges", claims. In the same way, Puerto Rico measures for GDP, but they usethe domestic investment factor in a different perception, which is mostlybecause fixed domestic →
In the listing of the company's assets, Toyota Motors employees the GAAP of principle of consistency, principle of sincerity, principle or regularity and principle of continuity. In recording the company's liabilities, Toyota Motors utilizes the GAAP of principle of regularity, principle of non-compensation, principle of continuity, principle of utmost good faith and principle of full →
The story is told in third person narrative and gives the reader a good impression of the character of the people involved through their actions and their words. After listening to Bess's tales of adventure and fun, Lottie soon realizes that it is she who is the poor one poor in relationships and love and →
One advantage of Activity-Based Costing system is it has more accurate overhead cost allocation because there are more cost pools, the costs in each pool are more similar, and allocation is based on activities that cause overhead costs. Most of the cost drivers are related either to the volume of production or to the complexity →
This is the central goal of Verbal Decision Analysis or VDA The Verbal Decision Analysis is a framework for designing methods of MCDA by using preferential information from the decision makers in the ordinal form, a type of judgment known to be stable and consistent. The decision maker is proposed to analyze the list of →
To understand the migration impact on poverty of plantation labourers Material Method The present research the impact of migration to the plantation sector in Karnataka on poverty based on empirical research. None of the plantation migrant households perceived their health and sanitation status to be poor after migration.
MediaCulture: the Triumph of the Spectacle " Media culture is a contested terrain across which key social groups and competing political ideologies struggle for dominance and.individuals live these struggles through the images, discourses, myths, and spectacle of media culture" -Douglas Kellner, Media Culture Table of Contents Introduction - 3 History of Media - 4 Media →
Force, one is expected to be professional and ethical enough to make decisions that positively impact on his or her department to the extent that he/she can be accountable for actions or consequences that arise as a result of their decisions or choices. Being accountable calls for the basic understanding of one's tasks and responsibilities, →
When we calculate the equation of " First order Sugeno" the grade of the rank variable of X1 in the rank map of Ai is multiplied by the grade of the rank variable of X2 in rank map Bi and the merchandise is deemed a first Liner Regression Weight. This paper has introduced a system →
Along with the resonant argument of imminent bankruptcy and closure, the said Airline imposed a number of policies that would change the lives and the perspectives of its employees concerning the business practices and strategies being employed by the 4th largest airline in the United States. The roots of Northwest Airlines' current labor crisis was →
The main purpose of this research is to compare and contrast the quantitative impact of the IFRS adoption on financial reporting in Spain and the UK. Q4 What are the research findings? " H01: There are no significant differences in the value of accounting figures and financial ratios determined under local GAAP and IFRS" H01 →
Your friend had made all of the payments so far, and it appears he will be able to pay in the future. Since the probability of you losing your job is undisclosed I do not think it would be necessary to disclose any of this information with the bank.
Two events have been identified in relation to the company and they are preferred funding source namely; Short term investment which is concerned with strengthening the organization's ability to compete in the video market as the company scales the new video services. This source of funding is the most appropriate due to the following; The →
The mandates of No Doubt, Inc.includes: Help ensure equitable access to appropriate social services for our clients; Preserve and strengthen linkages/ integration between community services and programs from both the private and public sector; Identify strategies to enhance the transitional relationship for our clients; and Raise awareness to activities, support, and aid that our clients →
In regard to the new SAS 112 regulation and its impact for accounting auditors; it is important that we closely examine the challenges of communicating accounting changes effectively with different groups, and understand the problems that may occur from poor communication and impact the productivity of workers. For the accounting changes we are communicating to →
The increased opposition is as a consequence of a decrease in diameter of the lms and thickener of the walls of immune blood vass. Vasodilators are another of import class of drugs in the intervention of high blood pressure as they help in the relaxation of the musculuss in the blood vass.
Endress+Hauser In the summer of 2004, the sensors and instruments manufacturer migrated its SAP system on to a mainframe running Linux. Linux on the mainframe seems to give us the best of all worlds: the dependability and resilience of over 40 years of hardware innovation and a flexible, reliable open source operating system.
Description of the company Deloitte isone of the " Big Four" accounting organizations and the largestprofessional services network in the world by revenue and number ofprofessionals. They aim to be the best at all that they do to help clients realize theirambitions; to make a positive difference in society; and to maximize thesuccess of their →
In analogue, the WiMAX Forum Network Working Group is driving the development of specifications for femtocell solutions in the entree and nucleus web. An NSP contains the CSN which is composed of the AAA entity and the HA to supply a set of web maps that are needed to function each WiMAX endorser.
Adenosquamous carcinoma of breast is raretumours included in the last edition of WHO classification of breast cancers, as a subtype of metaplastic carcinoma. Here, we report a case of adenosquamous variant of metaplasticcarcinoma of breast in a 61 years old female who presented with a lump in theright breast.
The introduction of ERPS has the potential to have a significant impact on the worker of management accountants. The way in which management accountants and managers interact to make decisions may even change as a result of the ubiquitous ease of access to information.
This survey agrees with Ling that rating of public presentation in any system is the key to mensurate how good the system is working and finds that the standards for undertaking public presentation goes beyond the Fe trigon of cost, clip and quality as suggested. For this ground, this survey agrees that pull offing cost →
This is positive for the business as it shows that in theupcoming months after May, the closing balance will continue to increase whilstit also shows that as credit sales comes into the business, the net cash floweach month increases significantly. Compared to the current proposal, it shows that the totaloutflow cost each month is higher.
First the student must go to the Administration Office if he is a registered voter, then goes to the voting area and chooses the candidates he likes. After that, the student submits the filled-up ballot form to the voting administrator in order for his votes to be cast.
I have been impressed with the service GVEA provides tothe Fairbanks community as well as the opportunities they provide to theiremployees, which is why I would like to join your team. At this point in my career, I want to use my education and workexperience as a valued intern with GVEA.
I Direct I Supports motivation of employees in organization products/programs and operations Board have sufficient and up-to-date information I Looks to the future for change opportunities I Interfaces between Board and employee I I Ensures staff and Interfaces between organization and community Formulates policies and planning recommendations to the Board Decides or guides courses of →
Add two lines at the bottom of the income statement: one line shows the operating profit per unit for each type of pen based on your ABC calculations, and the other line shows the operating profit per unit based on the traditional-income calculations in Exhibit 1 of the case. In the traditional income statement, overhead →
Question 3) Part a) Payback period for project red Initial outlay = $400, 000 Cash flow yr 1 to 8 = $100, 000 Cumulative cash flow at year 4 = $400, 000. Payback period for project blue Initial outlay = $ 560, 000 Annual cash flow =$150, 000 Cumulative cash flow before payback = $450, →
The Chief Financial Officer is responsible for providing timely and relevant data to support planning and control activities and for preparing financial statements for external users The chief financial officer is a corporate officer primarily responsible for managing the financial risks of the corporation. A CFO must be able to identify and report what areas →
Therefore, the key to ensuring the security of the hardware is to control the human factors, enterprise should focus on strengthening the management of a variety of equipment use and maintenance.2. Information security policy is the set of rules, standards, practices, and procedures that the company employs to maintain a secure IT system.
AbstractThis research attempts to examine the role that money laundering plays in the British economy and to define the level to which it hinders the economic development of the country. In considering economic effects of money laundering in Britain, it should be noted that the tools of economic analysis, through the connection of economic theory, →
Both costing systems combine direct materials, direct labor and overhead which is indirect costs or could be considered a direct cost in the process costing method nonetheless both systems use this in the process of producing products. This process involves the company predicting the cost to get the job done, negotiating a price with the →
A small block of mass m is attached to a string, the other end of which is attached to the pulley and wrapped around it several times. The block of mass m is released from rest and takes a time t to fall the distance D to the floor.seconds before the plane is directly overhead?
When I finally made the decision to get my Associates Degree my family agreed.- A year has passed and now I am realizing how difficult it is to balance my studies, work, and family demands. One of the places I will like to visit is the Netherlands.- Something I always wanted to do in life →
There are four major fields of accounting and auditing: public accounting, management accounting, government accounting, and internal auditing. Government accountants and auditors work in the public sector, maintaining and examining the records of the government agencies and auditing private businesses and individuals whose activities are subject to government regulations or taxation.
The reason is, in this kind of job you cannot take a risk you need to beaware of what you are doing and for that you need to have some kind ofqualities and skills that are required in this field. Being able to analyze numbers and figures in the document is a majorskill in the →
Since manual inventory consumes a lot of time and is susceptible to errors, it would be helpful to build a system that will automate the transactions from acquisition of the product description to update the inventory database. The point of sale software will look up the item in the inventory and bring up the price.
Automation is the use of atechnology or machine to complete a duty or function that was previouslycarried out by a human. One of the critical and tragic fact is that, 94% of serious crashes occurreddue to human error.
Why does Ted spend " a lot of his time trying to explain why it is necessary and proper for things to be the way they are," and what is the downside to his attitude? In your own words, answer Stanley's question, " Why is Ted inflating the results of the program and not addressing →
Despite the undesirable health consequences of FGM and the criminalization of this act in the participating nations, the cultural groups that continue this custom are reluctant in giving up the practice under the social belief that it is inherent in their culture. Three main types of FGM are practiced throughout the world: Type I: Sunna →
They also may assist internal and external auditors in evaluating a business' internal procedures. Journal and ledgers are accounting records.
75)Second, the Committee of Sponsoring Organizations of the Treadway Commission has claimed that internal control is process, effected by an entity's board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following thing: effectiveness and efficiency of operations and reliability of financial reporting. If this foundation →
The current ideology surrounding the fashion industry is one of the consumption of the ' new' and the discard of the ' old'. With the use of fossil fuels there is the obvious aspect of it being a non-renewable resource, therefore the Moreover, the requirement of the fossil fuels is directly related to the carbon →
This budget is to be kept all the manner through the undertaking and is a conjecture of what the undertaking on a whole will be it should non be breached or the undertaking is considered a failure and normally consequences in a loss of money. The cost will ever depend on the surface country of →
Visitor location registry authenticates the Mobile when it is in rolling if the shared secret information is shared with the web or it proxies the responses of the hallmark from wanderers to its place web. It checks the individuality at the clip of constitution of nexus and the confirmation procedure is done by the shared →
Depreciation is defined as the allocation of the depreciable amount of an asset over its estimated economic useful life. Useful life-this is the period over which a depreciable asset is expected to be used by the enterprise.
In spite of opinions, conflicts and hindrances to the contrary, there is abundant support in favor of international accounting harmonization and for the adoption of IAS in the literature. Comparative analysis of the international accounting standards and the accounting standards and practices of India Our analysis of the differences in International Accounting Standards and the →
Limited liability means that _____.a.the corporation's creditors have claims on only the assets of the corporation and not on the assets of the owners of the corporation b.the creditors of a corporation can receive only up to, and no more than, the amount due to them c.the company is required to pay only current liabilities →
In trying to comprehend the position of the European economy within the framework of global and regional interdependence an equally critical examination of its contextual features needs to be considered. These comprise of trends and developments that, in unison with regionalism and globalisation, have affected the structural characteristics of the world economy and the conventional →
In communicating with carer A, my thoughts were to ensure that I was offering practical professional support to assist where possible with her issues and also offer a sympathetic ear to support her emotional state at the time. A call was then made to the clients' wife to inform her of the situation and the →
All the activities of the business is carried out by the owner, the sole trader bears all the risk, shares all the profit alone, make decisions by himself and shares the loss alone. The business can also sell its shares to the public i.e.sell it to anyone that is interested and has the money to →
Mixed costs consist of variable and fixed elements and can be expressed in equation form as Y = a + bX, where X is the activity, Y is the cost, a is the fixed cost element, and b is the variable cost per unit of activity. The quick-and-dirty method is based on drawing a straight →
This is important to me as I feel my views are listened to and acted up in improving the store order to move forward and become ever more successful. This interests me as the chance to work in various sectors would mean I could gain a vast business knowledge and get to choose which role →
The internal control system should be designed to detect and prevent fraud, errors and omissions, and material misstatements, but it can only provide reasonable assurance that the financial statements are free from material misstatements. The internal controls system is only as good as the management support behind the system; this includes training employees and actively →
The central argument of the paper is that the subject of regulation is very important to modern business world and over the years their have been constant debates whether regulation is necessary. The author's purpose is to challenge the perceptions of conventional views on regulation and to present both sides of the argument: pro and →
The first day of the internship began with a tour of the company andfactory, and introductions to company personnel. The restof my shift was spent in the Production Planning department and I observed theflow of the work for office side.13.06.
On the other hand, if the company is to take the goods from the American manufacturer, the company will only pay $2, 500, 000 for the came amount of the item. However, after eliminating 80% of the fixed cost for Jacks, it means that its net profit would increase from $50, 000 to $250, 000.
The course will help you develop the accounting knowledge and a variety of professional skills and attitudes through inclass interactions, projects, and a series of labs. Thorough preparation of assignments for each class, Class attendance and active class participation, Active participation in and contribution to group projects, Fairness and honesty, Openness to the ideas and →
My choice to pursue a career in accounting is related to this simplicity, both in the study and in the end of my education. It will also help customers to learn about me and my skills so that in the future I can build my own business if I choose to.
To safeguard the idea that standards would be able to be applied both domestically and cross-border to financial accounting both the IASB and FASB agree to a set of proposals: 1. In order to continue to pursue the idea of a common set of high-quality standards the Securities and Exchange Commission proposed a Roadmap to →
Hence, it includes the entire system of monitoring and control of money such as flows in and out of an organization as assets and liabilities add on with revenues and expenses. Thus, it is important to look for professionals and experiences construction manager to realize that construction cost maybe the largest component of the capital →
It is true that the individual behavior is related to individual KASs, however, more and more evidences show that, in the long run, no matter from the point of organizations' retaining costs, or from the point of individual contributions to organizations and individual returns from organizations, the win-win situation of employees and organizations comes from →
This presents the challenge of organizing the warehouse that would ensure that minimum time is spent for locating and mobilizing the spare. Option 3: It is considered when there is a low level of control of the company is required in the regular operations.
Financial reports and statements are prepared in accordance with set of rules, procedure and standards for reporting financial information known as the " Generally Accepted Accounting principles", as established by the Financial Accounting Standard Board. Focus, planning and control are the key elements of management accounting.
The drawings account Is a subdivision of the owner's capital account and appears as an expense on the unicorn statement.6. The withdrawal of cash for personal use by the owners off business requires a to the drawings account and a a.
It has been given the mandate to develop, approve and oversee the implementation of the International Financial Reporting Standards and International Accounting Standards. Its mission is to establish, and to improve the standards of preparing the financial statements and reporting of the same.
Components of organizations cash and cash equivalentsThe cash and cash equivalents, which are fully portrayed in the Cash Flow Statement, are classified under three main components, which encompass the following: Operating Activities these outline the cash derived or used in the operations of the company. Notes Pertinent to Cash and Cash Equivalents Note 1 Summary →
The debate regarding the US GDP growth for the last quarter of 2005 and year 2006 has been intensified by the claims that the Katrina hurricane will impact negatively the latter. The specialists of the EIU explain the trend of the economic slowdown in 2005-06 on the basis of the influence of monetary tightening on →
Step 3 Record the transaction in the Journal: the two accounts noted above will be affected as follows: Debit Cash $50 and Credit Service Revenue $50 and will be recorded in the journal accordingly. Step 7 - Post adjusting entries in the appropriate accounts in the ledger: Likewise the depreciation transaction noted above will be →
The price usually depends on the number of users, the software company, and its features. Also, CPAs maintain internal controls that are needed in preventing theft and malfeasance by other employees in the company's finance and accounting department.