CHAPTER 3 THE REPORTING ENTITY AND CONSOLIDATED FINANCIAL STATEMENTS ANSWERS TO QUESTIONS Q3-1 The basic idea underlying the preparation of consolidated financial statements is the notion that the consolidated financial statements present the financial position and the results of operations of a parent and its subsidiaries as if the related companies actually were a single company. Q3-2 Without consolidated statements it is often very difficult for an investor to gain an understanding
Premium Balance sheet Asset
team‚ our customers‚ and cross functional departments. You get along with everyone and stay positive in a consistent basis. I recommend that you continue taking those courses to progress within the organization and to become a greater asset to the company. Joshua‚ based on your performance numbers and in my observations while in the field and in the office‚ this year you’ve earned a successful meeting rating for your yearly evaluation. I want to thank you for your support‚ your team work‚ and your
Premium Revenue Stock market Investment
“From the Great Above to the Great Below” is a story the majority of modern cultures are unfamiliar with. Being written in cuneiform‚ the text originates in ancient Mesopotamia‚ specifically Sumer. Thus‚ the text we have now is a translation‚ yet to the best of their ability the translators attempt to replicate the style and content of the original story. Because of this I find that the style the myth is written in creates some distance between the myth and a modern audience. For me‚ being able
Premium Culture Sumer The Culture
RIZAL COMMERCIAL BANKING CORPORATION (RCBC) COMPANY PROFILE Presented by: Elfreide Alan V. Correa History of the company RCBC savings bank was incorporated on the 15th day of January‚ 1996 to provide retail banking services to its target clientele and serve as the consumer and retail banking arm of RCBC. It is a member of YGC group of companies as the holding company. RCBC have 3 overseas branches; one in Hongkong that takes deposit‚ the two are in Rome and California functioning as foreign
Premium Chairman Board of directors Bank
Company Introduction‚ Market Segmentation & Product Positioning Antonio Sanguinetti Dr. Eva Ananiewicz Strayer University Marketing Management July 21‚ 2012 This paper will describe the details of a fictitious company and provided its background and will develop a marketing plan with a focus on segmenting and positioning its product and service. Thirdly‚ this paper will determine and decide upon at least one (1) foreign market for the product and service.; identify the marketing
Premium HVAC Marketing
Reaction Essay: The Corporation The documentary The Corporation‚ directed by Jennifer Abbott and Mark Achbar and produced in 2004‚ although bias‚ opens many doors for discussion in regard to capitalism and the role of corporations in our lives. I found the documentary to be presented professionally‚ and filled with legitimate facts more so than extreme opinion. The documentary truly outlines the "all-pervasive" role the corporation has taken as the "world’s dominant institution". The film opens
Premium Michael Moore Corporation
chapter 3 Exe# 6 In question direct labor hours is not given‚ we can find D.Labor hours through this formula Direct labor cost = 40000 = 6250 Hours Per D.Labor hours rate 6.40 1) Prime Cost (2) Conversion Cost Material opening 24000 Direct labor 40000 + purchase 56000 FOH Applied Material available for use 80000 6250 Hours@ 8 50000 - Material ending (20000) Conversion cost 90000 Material used 60000 + Direct labor 40000 Prime Cost 100000
Premium Revenue Generally Accepted Accounting Principles Price
Accounting Information Systems Laquasia Fields XACC/210 May 26‚ 2013 Cito Vanegas Every Company or Business has different Information Systems that the use to run the Company. There are various types of information systems employed by payroll‚ accounts payable‚ accounts receivable‚ and accounting? Types of Information systems that are employed by payroll‚ accounts receivable‚ and accounts payable are Paychex‚ UltiPro Payroll Software‚ ADP Payroll services‚ Intuitive Payroll
Premium
Table of Contents Assignment 1 (Brief) 2 Task 1 – Data‚ Information and Information Systems 5 Task 2 – Provide a profile of Sir John Cass and how we use information. 8 Task 3a – Explain how Sir John Cass School uses data and information. 13 Task 3b – Prepare a table showing different sources of information. 15 Task 4 – Flow of information between different functional areas in an organization 22 Task 5 – The use of Management Information Systems (MIS) in this school 32 Task 6 – How an organisation
Premium Teacher Decision making
Fine Foods - Accounting System Eric Raymond BSA/310 September 3‚ 2012 Dr. Marcia Reid Kudler Fine Foods - Accounting System The purpose of this paper is to describe the value of a new accounting system for Kudler Fine Foods. The author will cover the key features‚ core technology‚ benefits‚ and cost of the proposed system. In businesses today‚ it is imperative that the accounting system be tied into every aspect of a business and integrated within all of the information systems in use. Therefore
Premium Accounts receivable Accounting software Balance sheet