Chapter 2 Cost Terms‚ Concepts‚ and Classifications Exercise 2-2 (15 minutes) 1. 2. 3. 4. 5. 6. 7. 8. 9. 10 . 11 . 12 . 13 . 14 . 15 . Depreciation on salespersons’ cars ................ Rent on equipment used in the factory .......... Lubricants used for machine maintenance ..... Salaries of personnel who work in the finished goods warehouse.............................. Soap and paper towels used by factory workers at the end of a shift ...................... Factory supervisors’ salaries
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Describe your academic and career goals in the broad field of engineering (including computer science‚ industrial distribution‚ and engineering technology). What and/or who has influenced you either inside or outside the classroom that contributed to these goals? My academic goals are becoming an expert on both computer science and business. Similarly‚ in terms of my career goals‚ I would like to be a successful entrepreneur by basing my company off of the technological product I designed.
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My long-run objective is to achieve a senior managerial position in a large multinational corporation that markets‚ or preferably manufactures commodities. I believe that on my way to achieve my goal I will express my talents and interests and contribute to society’s prosperity. Looking ten years back‚ I view my interdisciplinary experience in marketing management‚ political and public positions‚ and traveling as a part of the solid background that can generate a successful senior manager in a
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$500‚000 and is known by both Brickhouse and Boudreau to be a fairly "soft" amount. Identify possible causes of action. -Brickhouse is acting unethically. His action serves only his self-interest‚ self review and has no clear basis in proper accounting procedures‚ so ignoring the familiarity with brickhouse ‚the controller‚ Louise Boudreau‚ should not manipulate net income in view of any compensation plan the company may have.He must comply with relevant laws and regulations and not assist others
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1:00-2:15PM Ms. Butler Goals Paper How often do you know where you want to be in life and how your going to get there. Throughout my late teens and young adult years I have had my eyes on success. Now the word success means many different things to many different people. The reason I know I am going to make is because I have goals I need to accomplish. The goals I have set pertain to personal life‚ academic life and career life. The main focus of my life is my personal goal that tends to consume
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Accounting Homework Individual Chapter 7 Question 1&2 1. (a) What are generally accepted accounting principles (GAAP)? In the U.S.‚ generally accepted accounting principles‚ commonly abbreviated as US GAAP or simply GAAP‚ are accounting rules used to prepare‚ present‚ and report financial statements for a wide variety of entities‚ including publicly-traded and privately-held companies‚ non-profit organizations. (b)What bodies provide authoritative support for GAAP
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correct picture on the firm’s financial performance and financial position. We have to recognize all transaction occurring in that accounting period‚ irrespective of whether cash has been received or paid. The ultimate objective of adjusting entries is to ensure that the revenues (income) earned in the accounting period are matched by all costs incurred for that same accounting period (Monash College‚ 2011). Prepayment There are two types of adjusting entries‚ prepayments and accruals. Prepayment is
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Objective 1. Determine the total considerations transferred. 2. The land and buildings should be recorded on the premise of “in-use” or “in-exchange”. 3. Determine the fair value recorded for the intangible assets. Applicable accounting pronouncement ASC 805-20-25 Business Combinations-Identifiable assets and liabilities and any non controlling interest-Recognition Recognition Conditions 25-2 To qualify for recognition as part of applying the acquisition method‚ the
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BANKING SYSTEM OF BANGLADESH In the world of modern ages importance of banking business is immeasurable. Agricultural and industrial prosperity cannot be imagined without the existence of an expedient banking system in the country. Absence of a fair banking system is identified as a prime cause of backwardness of any country in respect of its commerce and industry. Banks have been playing effective role in the capitalistic as well as socialistic countries of the world in their internal distribution
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KALENDAR AKADEMIK SESI 2010/2011 UNIVERSITI TEKNOLOGI MALAYSIA 3 & 4 Julai -11 Julai 2010 8 - 9 Julai 2010 12 Julai 2010 – 2 Januari 2011 (25 minggu) 7 Julai 2010 12 Julai – 3 September 2010 4 Ogos 2010 11 Ogos 2010 (Rabu) 31 Ogos 2010 (Selasa) 1 September 2010 4 – 19 September 2010 10 & 11 September 2010 (Jumaat‚ Sabtu) 16 September 2010 20 September – 29 Oktober 2010 25 – 28 September 2010 6 Oktober 2010 18 – 29 Oktober 2010 30 Oktober -7 Nov 2010 3 November 2010 5 November 2010 (Sabtu) 8 – 13
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