Question 1: 2A4-LS12 All of the following are forms of off-balance sheet financing except: Completing a horizontal merger. Creating a special purpose entity. Factoring accounts receivable. Forming a joint venture. The four common techniques used by companies to engage in off-balance sheet financing are; factoring of receivables‚ creating a special purpose entity‚ operating leases and joint ventures. Question 2: 2A4-LS34 Which of the following costs‚ when subtracted from total revenue‚ yields
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The Hong Kong Polytechnic University School of Professional Education and Executive Development Bachelor of Business Administration (Honours) in Accountancy SPD2297 Management Accounting 1 Semester 1‚ 2014/15 Teaching Plan Lecturers: Office: Consultation Hours: Prior knowledge: (if any) 1. Dr. Artie W. Ng (Lectures) / e-mail: spartie@speed-polyu.edu.hk/ Dr. Mindy Xu (Tutorials) mingxu@speed-polyu.edu.hk WK-S1201g/ N1103b 3746-0713 / 3746-0721 Tel: Tuesday 3:30pm – 5:30pm
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the murrray darling basin the murrray darling basin What is the Murray- Darling Basin? The Murray Darling Basin is a large‚ dry inland draining‚ salty basin. The basin extends over the four states: New South Wales‚ Queensland‚ Victoria and South Australia. The average annual rainfall in the basin is 480mm‚ a wide variety of grasses‚ trees and shrubs can be found in the basin. Where is it located? The basin is located in south-east of Australia and covers an area of 1.05 million square
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Time Management and Family Issues Upon returning to college‚ the mature student (any student over the age of 24) soon realizes that their ability to manage time effectively directly impacts their learning experience and their family life. Unlike traditional students‚ the mature student may have a spouse‚ children and a full-time job that is necessary for them to survive financially. Adults with families will readily agree that their family alone places serious demands on their time. When adding
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The ABC of European Union law Professor Klaus-Dieter Borchardt The ABC of European Union law by Professor Klaus-Dieter Borchardt Klaus-Dieter Borchardt is a European Union official since 1987. He was Deputy Head of Cabinet and then Head of Cabinet for the Commissioner for Agriculture from 2004 to 2010. He is also an Honorary Professor at the University of Würzburg‚ where he has taught European law since 2001. The ABC of European Union law by Professor Klaus-Dieter Borchardt The
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three-time All-American halfback and 1961 Heisman Trophy winner‚ Ernie Davis would go on to win MVP title in both the Cotton Bowl and the Liberty Bowl‚ and was inducted into the College Football Hall Of Fame in 1979. He was the first African American man to win the Heisman Trophy‚ and to be picked 1st overall in the NFL draft. His career was cut short when he was diagnosed with cancer in 1962. Athlete. American Football player. Ernie Davis was born on December 14‚ 1939 in New Salem‚ Pennsylvania‚ USA.
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* PART II The company/industry’s primary objectives for implementing ABC/ABM systems. How does ABC help in cost reduction and accurate cost information? Activity-based cost (ABC) and activity-based management (ABM) systems aimed to satisfy the necessity of accurate information regarding the cost of resource demands by individual products‚ services and customers. ABC also enabled indirect and support expenses to be driven first to activities and processes and then to products‚ services
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Paper P9 – Management Accounting Financial Strategy Post Exam Guide May 2006 Exam Examiner’s General Comments The performance on Paper P9 was extremely disappointing. Many candidates appeared to have done little preparation. It was noted in the November 2005 Post Exam Guide that many candidates demonstrated poor knowledge of even quite basic financial calculations and that their grasp of many basic concepts was also limited. These weaknesses are still evident in May 2006. A further weakness was the
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Introduction: With more and more fierce market competition‚ much attention has been paid to the research on corporate competitiveness. Enterprise Competitiveness can be tracked back to 1776. Adam smith raised the division of labor theory. But the academia by conscious researches this theory at the start of the 1980’s. Concept of Enterprise Competitiveness Business community and economy community thought enterprise competitiveness played an important role in ensuring the survival and development
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Summary ABC Learning Centres Limited (ABC) has recently came into limelight in the childcare industry. It went into receivership on 6 Nov 2008 and Australian Government has announced to assist ABC to continue operation till end of 2008 by injecting $22 million. An analysis has been done on ABC on why the company has landed itself into receivership by analysing its annual Income Statement‚ Balance Sheet and Cash Flow Statement. Reading and analysing of news and articles in relation to ABC has been
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