History Quiz 1) To finance the American Revolution‚ the first paper notes were produced‚ known as Continentals. A 2) In response to the financial crisis in the 2000’s‚ the Federal Reserve’s policy making body cut the federal funds rate to nearly 0‚ the lowest level in over 50 years. c 3) Which president signed the Federal Reserve Act into law? Woodrow Wilson. C 4) The first Bank of the United States was chartered in 1791. B 5) During the 1920’s‚ the Fed began to use this as a monetary policy
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HISTORY OF ACCOUNTING LEARNING OUTCOMES Understand the history of accounting dating from prehistoric times to written record keeping. Identify the seven preconditions for the emergence of systematic book keeping. Know Luca Pacioll contributions in introducing double entry book keeping. Accounting is a tool‚ invented by humankind‚ to fulfill needs of society. Unlike the explorers of the past who discovered new lands‚ accounting cannot in any true sense be said to have been discovered
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To: Carminho Building Products Ltd From: Rodrigues Accounting Dear Sir/Madam‚ We are submitting herewith our report entitled UK Subsidiary Expansion. The main purpose of this report is to help Carminho Building Products Ltd decide the potential and suitable site for the formation of a public listed subsidiary. This report will include United Kingdom’s current financial reporting environment and other information that Carminho Building Products Ltd would need in order to make a sound decision
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PHI 210 (Critical Thinking) Week 9 Quiz 3 Question 1 If students play video games‚ their school work will suffer‚ and they will not have the ability to succeed in life‚ ending up in lower paying jobs and needing government programs‚ which will increase our taxes. So video games will increase our taxes. CORRECT ANSWER – Slippery Slope Question 2 Professor Andrews‚ surely I deserve a B in logic. I know that I have gotten F’s on all the tests‚ but if you give me an F for my final
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Chapter 3-1 The Accounting Information System Chapter 3-2 Financial Accounting‚ Fifth Edition Study Objectives 1. Analyze the effect of business transactions on the basic accounting equation. 2. Explain what an account is and how it helps in the recording process. 3. Define debits and credits and explain how they are used to record business transactions transactions. 4. Identify the basic steps in the recording process. 5. Explain what a journal is and
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As many as 75 million indigenous people lived in the Americas right before European contact. This was about the same as the population of Europe at that time. The majority of these peoples are thought to have come over via the Bering Strait region from 100‚000 to 14‚000 years ago during the periods when Ice Ages caused land bridges to form between Siberia and Alaska. Other possible origins include Polynesia and South Africa. Theorists such as Thomas Jefferson believed they originated here in America
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PAMANTASAN NG LUNGSOD NG MAYNILA FINANCIAL ACCOUNTING QUIZ 7 NAME: ____________________________ TRUE OR FALSE: 1. Assets under construction for a company’s own use do not qualify for interest cost capitalization. 2. Avoidable interest is the amount of interest cost that a company could theoretically avoid if it had not made expenditures for the asset. 3. When a company purchases land with the intention of developing it for a particular use‚ interest costs associated with those
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QUIZ QUESTIONS Group : A1 Members: Mrinalini Shankar FK-1847 John T Clashious FK-1849 Srilakshmy Srikumar FK-1855 Anup V Nair FK-1857 Nimi K Parvathy FK-1858 B Sateesh Kumar FK-1869 Topics : Introduction to Research Research Process 1) Conceptual structure within with research would be conducted a) Sample Design b) Experimental Design c) Informal Design d) Research Design
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With respect to the prepaid income from services which of the following is true? The treatment of prepaid income is the same for tax and financial accounting. An accrual basis taxpayer can spread the income over the period services are to be provided if all of the servidcdes will be completed by the end of the tax year ^^^answer The effects of a below-market loan for 450‚000 made by a a corporation to its chief The corporation has imputed interest income and compensation expense. As a
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Accounting and Profiling Information Management System A System Proposal Presented to the Faculty of the Information Technology Education Program University of the Immaculate Conception Fr. Selga St.‚ Davao City _________________ In Partial Fulfilment of the Academic Requirements for the Subject SYSTEMS ANALYSIS AND DESIGN (SAD) By: Dayrit‚ John Paul N. Evasco‚ Allan Christopher G. Mendoza‚ John Mark N. September 2013 Table of Contents Part I SYSTEMS ANALYSIS
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