The actual launch of the Apollo 13 was on April 11‚ 1970. Two days into the mission it looked like the smoothest flight that the Apollo program had ever seen. "The spacecraft is in real good shape as far as we are concerned. We’re bored to tears down here." said Joe Kerwin of mission control (3). At 55 hours the crew held a TV broadcast for 49 minutes where they showed off their living conditions and how they worked in weightless situations. Nine minutes after the broadcast mission control instructed
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This is certainly a period somewhat unique as unlike the 70s and 80s‚ Britain did not experience a recession. Therefore it can be argued that the 13 years were not wasted in regards to the economy‚ as successive Tory governments managed to keep the economy healthy. However‚ although on the surface the economic situation looked promising‚ in reality the 13 years of Tory rule were unable to stem Britain’s relative economic decline. Chancellors across this period often employ a system of “stop-go” economics
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ESF #13 Origin of ESF-13 The NRF provides for 15 “emergency support functions” (ESFs)‚ including Emergency Support Function-13 (ESF-13)‚ which covers public safety and security. The ESF-13 from FEMA details support services related to Public Safety and Security. The primary agency in control of ESF #13 is the Department of Justice/Bureau of Alcohol‚ Tobacco‚ Firearms‚ and Explosives. The ATF’s efforts are to support the full range of incident management activities by coordinating and integrating
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between accrual-basis accounting and cash-basis accounting? The variation between accrual basis accounting and cash basis accounting‚ is how cash is documented. Cash basis is an accounting basis that is used when expenses and revenue are paid out or received. This is when the transaction will be recorded. In accrual-basis accounting‚ transactions are recorded when they actually happen. Payment does not need to be made for the transaction to be recognized in accrual-basis accounting unlike cash-basis
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ACCT 2241 – Introductory Financial Accounting Fall Semester - Academic Year 2012-2013 Section C Instructor: Professor C.J. (Charley) Baxter‚ CA Office: Sobey Building 331 Phone: 902-424-8684 ext. 1172 Email: cbaxter@innovacorp.ca Note: When contacting me by email‚ please include the course number and section in the subject line. Faculty Assistant: Ms. Cathy Golden‚ Sobey Room 352‚ 902-420-5617 Office Hours: Mondays 7:00 – 9:00
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Question 1: Although the adoption of a single set of globally accepted accounting standard has become a need to the globalised capital markets nowadays‚ however the international differences in financial reporting practices between countries still exists mainly due to the setting of national accounting standards in different countries by their own respective government. Looking at this issue in a world-wide view‚ we can notice that every country in the world regardless of whether it is a developed
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Materiality and aggregation concept Concept on Prudence Matching Principle Dual Aspect Relevance Concept Introduction Financial accounting has a number of conservative laws which have been considered over the years and all the possible identifiable rules are: Business Entity Concept‚ Money Measurement Concept‚ Going concern Concept‚ Accrual basis of accounting concept‚ Consistency Concept‚ Materiality and aggregation concept‚ Prudence‚ Matching Principle and Dual Aspect 1. The Business Entity
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Problem 1 The Commonwealth Company uses a job-order cost system and applies manufacturing overhead cost to jobs using a predetermined overhead rate basedon the cost of materials used in production. At the beginning of the year‚ the following estimates were made as a basis for computing the predetermined overhead rate: manufacturing overhead cost‚$186‚000; direct materials cost‚$155‚000. The following transactions took place during the year (all purchases and services were acquired on account): a
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CHAPTER 1 Financial Reporting and Accounting Standards ASSIGNMENT CLASSIFICATION TABLE Topics Questions Cases 1. Global markets. 1 2. Environment of accounting. 2‚ 3‚ 4 4‚ 5‚ 7 3. Objective of financial reporting. 5‚ 6‚ 7‚ 8‚ 9‚ 10 2 4. Standard-setting organizations. 11‚ 12‚ 13‚ 14‚ 15‚ 16‚ 17‚ 18 1‚ 3‚ 6 5. Financial reporting challenges. 19‚ 20‚ 21‚ 22‚ 23‚ 24‚ 25 8‚ 9‚ 10 6. Ethical issues. 25 11‚ 12 Copyright
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ETHICS IN ACCOUNTING Presented by: Rojina Sapkota Abhilasha Thapa Pooja Shah Sandeep Gautam Mendhala Lama Gurung AND THE ACCOUNTING PROFESSION What is ETHICS? -All about making right choices and producing good behavior What is ETHICS in ACCOUNTING? -Being responsible enough to behave as a TRUSTWORTHY accountant. ROLE/IMPORTANCE OF ETHICS IN ACCOUNTING To provide true knowledge of the financial transactions taking place. To ensure correct decision making . WHAT IS AN ETHICAL DILEMMA
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