D2ACC100 FINANCIAL ACCOUNTING MID SEMESTER EXAM REVISION COMPILATION D2 ACC 100 D2 ACC 100 ACKNOWLEDGEMENT: * Extracted from Past Year Mid Term Exam Paper: D2ACC100 – SEM 1‚ 2006 – SEM 3‚ 2007 * Original idea belongs to Mr Gooi Chee San * Some of the questions have been modified to cater the needs of current student Sem 3‚ 2007 Question 3 Cabao is a financial consultancy firm. It updates its accounts everyday. Indicate the immediate effect of the following errors
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There is one major difference between the accrual method of accounting and the cash basis of accounting and that is that in the accrual method‚ the amount that is entered into the books is one that has either not yet been paid or paid in full. The cash basis method of accounting revolves around the basis of cash already received. Perhaps a better explanation of accrual accounting is that money that has not yet been received can be recorded down on the books as
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;;; as; as; ddd aaa ddd dad dad f fl fla flas flask ; l la las lass lass f fl fla flas flask; l la las lass lass f fa fal fall falls; a al ala alas alas f fa fal fall falls; a al ala alas alas Lesson 2 Ff jj dd kk ss ll aa ;; f j d k s l a ; Adds adds fads fads asks asks lads lads Jjj jhj jhj hjh jhj jjj jhj jhj hjh jhj Jhj ash ash jhj had has jhj had had jhj Jhj ash ash jhj has has jhj had had jhj Jhj a lass has ; adds a half ; a lad had
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Homework 1 (Ch. 1-2) 1. Make five qualitative and five quantitative observations about the room in which you now sit. a. Quantitative i. Have 1 desk ii. Have 2 monitors iii. Have 6 pillows on my bed iv. Dresser has 5 drawers v. Have 1 TV b. Qualitative i. Desk is steel and sturdy glass ii. Monitors are black and made manufactured by Dell iii. Pillows are filled with cotton or goose features iv. Dresser is made of a dark wood v. TV was purchased at Best Buy and was manufactured by Samsung 2. Describe
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Reflection Paper Ethics is a word that comes "from the Greek word ethos (character)‚ and from the Latin word mores (customs). Together‚ they combine to define how individuals choose to interact with one another"(Ethics). According to the text Accounting Ethics‚ "ethics‚ in all its forms‚ is concerned with right or wrong‚ good or bad"(Duska‚ 2011). The Christian worldview of ethics is a major topic that is debated throughout the world. The biblical basis of Christian ethics is "firmly rooted in
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This pack of ECE 332 Week 2 Discussion Question 2 Complications at Birth consists of: Chapter Four of the text focuses on the birth process and newborn stage of life. For this discussion question‚ select two complications that may occur at birth (preterm‚ oxygen deprivation‚ etc.) and review the developmental outlook for infants born under such circumstances. Describe interventions that may support a more positive developmental outcome. Research and describe at least two community agencies that might
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Auerbach Enterprises Pamela Jay Ashford University BUS630: Managerial Accounting Thomas Wilson June 17‚ 2013 Auerbach Enterprises Auerbach Enterprises is an air conditioning company who manufactures air conditioners for automobiles and trucks. Their business provides these products across North America. In evaluating the type of costing method Auerbach Enterprises would benefit from the most‚ they fall into job order costing system due to the variety of auto and truck air conditioning
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WALES Australian School of Business School of Accounting ACCT 1501: Accounting and Financial Management 1A Week 1 Introduction to Financial Accounting & Key Financial Statements Student Handout Lecturer: Dr. Youngdeok Lim School of Accounting UNSW QUAD 3069 youngdeok.lim@unsw.edu.au Blackboard: http://telt.unsw.edu.au. Session 1‚ 2013 WEEK 1: Introduction to Financial Accounting & Key Financial Statements Welcome to Accounting and Financial Management 1A. In this first lecture
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activities‚ such as employment‚ compensation‚ labor relations‚ benefits‚ training and employee services. Director of Account and Finance- Donald Bryson directs financial activities of an organization. Chief Financial Officer- Dale Edgel directs the accounting‚ finance and Human Resources functions toward achievement of the company’s key results while upholding company values. Chief Information Officer- Chief IS/IT officer of organization Maria Trinh develops strategy for information systems department
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Week 2 Quiz – HELP… 1. Question : All the following are forms of compensation except: Student Answer: Fixed working hours Bonuses Awards Equity (The answer can be found in Chapter 1 of BUS 303: Human Resource Management‚ in the section “Preparing compensation offers” Compensation packages can come in the form of pay‚ benefits‚ and such incentives as days off‚ bonuses‚ equities‚ awards‚ raises‚ flexible working hours‚ or promotions and opportunities for career development
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