Question # 1 End 45 44 43 42 41 40 39 38 37 36 35 34 33 32 31 30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 Transaction costs that are directly attributable to the “issuance of new shares” should be: a. Expensed immediately b. Charged to retained earnings c. Deducted from equity d. Deducted from equity‚ net of related income tax benefit ANSWER D Deducted from equity‚ net of related income tax benefit Question # 2 End 45 44 43 42 41 40 39 38 37
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1.Managerial accounting vs financial accounting Managerial accounting information system is an information system that produces outputs using inputs and processes needed to satisfy specific managerial objectives. How do management accounting and financial accounting differ? Management Accounting Financial Accounting 1. Internally focused
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Opinion | | |and Outcome | | |Case 1: Educator as Defendant |A student was made to do 100 squat thrusts because he |I do not agree with the outcome‚ the student should have been able to sue | | |spoke to another student
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The Financial Accounting Standards Board employs a "due process" system which (Points: 5) has all CPAs in the United States vote on a new Statement. enables interested parties to express their views on issues under consideration. identifies the accounting issues that are the most important. requires that all accountants receive a copy of financial standards. 2. (TCO A) The IASB: (Points: 5) governs accounting standards in the U.S. is working on a convergence project with the FASB. sets the
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Chapter 1: Cell Pathology 1-1 Which of the following accounts for differences in cells in a human body? Differences in chromatin Differences in chromosomes Differential content of DNA Differential expression of genes 1-2 Which of the following structures is not normally found in the cytoplasm of a resting cell? DNA Messenger RNA (mRNA) Ribosomal RNA (rRNA) Transfer RNA (tRNA) 1-3 Which of the following cytoplasmic organelles are not found in most all nucleated cells? Endoplasmic
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and which I will make available on request in pursuance of any appropriate aspect of the marking and moderation of the work within the University Regulations. Name: Student Number: Course: Date: Signed……………………………….. Part A 1. Profitability Ratio: 1) Gross Profit Margin = Gross Profit / Sales Revenue x100% Year 2011: Gross profit = £11‚740 Sales revenue = £25‚300 Gross profit margin = 11‚740 / 25‚300 x100 = 0.464 x 100 = 46.4% Year 2010: Gross
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• Accounting is the system that measures business activities and process information into reports. • Accountant maintain‚ audit and prepare financial records for a person or a company. • Main careers in accounting - bookkeeper‚ auditor‚ financial advisor‚ taxation‚ carbon accountant and accountant etc… • Bookkeeping is recording financial recorders and summaries of financial transaction. Accounting is measuring business activities and process information into reports. • Main professional accounting
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Financial accounting is one kind of accounting different from the management accounting in the accounting system. As management accounting is for “internal” whereas financial accounting is for “external”. The following is a detailed explanation and analysis of the major objective and role of financial accounting. The purpose of financial accounting is to measure the performance of the entity and therefore provides the financial information to different stakeholders. Stakeholders will have their
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Text Discussion Questions and Exercises: • Chapter 15: Discussion Question 9. How do variable costs and fixed costs differ? Give an example of each. Fixed costs are costs that will be the same for the next year. In my Construction Business fixed costs are office rent‚ office utilities‚ advertising costs‚ etc. In a year‚ these costs can be known ahead of time and won’t need to change even if my company does more work. Variable costs are costs that can rise or fall depending on how much work I
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to create a security policy. Gregory‚ P. (2010). CISSP Guide to Security Essentials. Boston‚ MA: Cengage Learning. From the e-Activity‚ compare and contrast quantitative‚ qualitative‚ and hybrid risk assessment methodologies overall. Give one (1) example of when you would use each of the methods over the others. Justify your response. Qualitative risk analysis is used for ranking risk occurrences by calculating and relating their likelihood of occurrence and impact to identify requirements
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