Session 2 : Principles of Accounting and Financial Reporting - Chapter Two Quiz 1. Which of the following is a difference between financial reporting for internal service and enterprise funds? (Points : 10) Internal service funds are reported in the governmental fund financial statements. Internal service funds are reported in the proprietary fund financial statements. Internal service funds are generally
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describe what profit and loss accounts are. PROFIT AND LOSS ACCOUNT By law business are required to provide annual financial statements‚ which will appear in their company report‚ there are two main types of financial statements‚ one is balance sheet and the other is a profit and loss account. A profit and loss account is a record which can be updated regularly and generally shows businesses transactions made over a period of time (usually within 12 months)‚ An example profit and loss account
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Q1 : Five Organizations in Nairobi County and it’s Publics based on categories of Wragg. Unga Group Limited - Unga Group is a flour milling company in Kenya. Unga is headquartered in Nairobi with flour mills in Eldoret‚ Nakuru and Mombasa and is listed on the Nairobi Stock Exchange. The company was founded in the early 1900s. Its name is abbreviated to UGL. It is categorized as a company deals with Functional Publics as they are those publics which enable the organization to perform its chosen
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Increasing Student Interest in Science‚ Technology‚ Engineering‚ and Math (STEM): Massachusetts STEM Pipeline Fund Programs Using Promising Practices Prepared for the Massachusetts Department of Higher Education March 2011 Acknowledgements Increasing Student Interest in STEM Acknowledgements The concept for this report evolved from valuable conversations with the former Pipeline Director‚ David McCauley and from Program Manger‚ Keith Connors. Information in this report has been
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to maneuver in the business market and I would like to refresh your mind by offering a clear definition. A Monopoly is a situation in which an entity‚ either an individual or an industry or organization‚ is the sole supplier of a particular good or service. As such‚ this supplier has no competition from other suppliers and is able to control the market value of the commodity. Some monopolies are government-enforced or controlled‚ while others form naturally or through company merger. According to
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Interest Groups University of Hawaii West Oahu Haijuan Hanger 1/27/13 Well I have to say that this is a very old video nearly twenty five years old‚ although the information was well presented. The examples with the AARP and the NRA was good as to explain the difference between the broad and narrow along with the quick explanation of a single issue groups. It did not leave me with any question as to the different types of groups. It
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he changed his stage name to Konstantin Stanislavski. He was founder of the first acting “system”‚ co-founder of the Moscow Theatre (1897)‚ and a renowned practitioner of the naturalist school of thought. In 1987 he also met Russian playwright‚ Anton Chekov. Stanislavski’s process of character development‚ the "Stanislavski Method"‚ was the means for method acting. It was‚ and still is‚ the most influential acting system on the modern stage and screen. After enrolling at Moscow’s Drama School‚ he
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PROBLEM 1 Research Problem 1 ACC 307 February 24‚ 2010 Deduction interest has been an arguable topic since 1913. The four types of allowed qualified interest are as followed. a) Interest on Qualified Student Loans b) Investment Interest c) Qualified Residence Interest (home mortgage) d) Business Interest Interest on Qualified Student Loans Interest on qualified student loan can deduct the interest as a deduction for AGI. This deduction is permitted if the money borrowed
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Effects of Raising Interest Rates If a central bank increases the base rate‚ this tends to increase all major interest rates in the economy. This means interest rates for both savers and borrowers will increase. Higher interest rates will have various economic effects: 1. Increases the cost of borrowing. Interest payments on credit cards and loans will be more expensive. Therefore this discourages people from borrowing and saving. People who already have loans will have less disposable income
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Israel and America’s best interest to do this. Therefore they are expanding support for Israel by encouraging‚ alongside the many Israelis that being pro-Israel does not require the support of every policy of its government. JStreet has the responsibility to try to amend the broken politics and feelings in America about Israel. This way they can accomplish a positive future of Israel as a Jewish and democratic homeland. C. I think that according to the Lee reading‚ my interest group would fall under
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