Chapter 8 Non-Current Liabilities Assessment Questions AS-1 ( 1 ) Name the typical forms of non-current debt. A typical and common form of non-current debt is a term loan from a bank. Another form of ______________________________________________________________________________ non-current debt is bonds. ______________________________________________________________________________ ______________________________________________________________________________ AS-2 ( 1 ) What is a bond
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following terms used in Note 3: grant date‚ exercise price‚ vesting period‚ expiration date‚ options granted‚ options exercised‚ and options forfeited. b. Note 3 (page 47 of Xilinx’s annual report) indicates that in fiscal 2007‚ Xilinx adopted a new accounting method for its stock options and other stock-based compensation as required by SFAS 123R. How does Xilinx now account for stock options? How does this differ from the method Xilinx used before
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Discuss the pros and cons of accural accounting versus cash accounting methods. All discussion forums must require at a minimum: 1-Research (at least 2 citations) 2-Critical Thinking 3-Opportunity for dissent. Accrual Accounting versus Cash Accounting Ok‚ if we are to attain our career goals we need to understand these two methods of accounting. This topic is very important in almost any field that one chooses to fashion their career. Yes I have had the privilege to work
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Accounting plays an important role in the life of organizations. There are several types of accounting such as financial‚ management and governmental accounting‚ taxation‚ audit. These types are usually focusing on different types of users that are interested in different types of information. In this essay I will examine the differences between financial accounting and management accounting. The basic difference between financial and management accounting is their target group. Management accounting
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Future Career Every person thinks a lot about his future and admits that hard work lies ahead. "Mother to Son…"Young people claim that they are willing to make the sacrifices needed to reach their goals. "If you don’t think about your future‚ you cannot have one.""Hold fast to dreams"So it is vital to hitch your wagon to a star. In order to reach our goals‚ we should be persistent‚ optimistic‚ hard working‚ imaginative‚ creative… and so on‚ but practical and down to Earth. So‚ most young people
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Future Career Aspiration Since I first arrived in the United States as an international student from Vietnam‚ I always want myself to be a professional accountant. I have evolved to be convinced that a university in this develop country will help me to fulfill my dreams in the near future. I am described as an organized‚ sociable‚ and helpful person in many friends and people around me. Therefore‚ I believe that being an accounting is a best decision on my future career according
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My Three Highest Career Interest Areas During class I was assigned to take a test that informed me of what careers that would best suit me in the future. My three highest career interest areas are: Humanitarian‚ Artistic‚ and Leading-Influencing. Humanitarian and Artistic are at a two-way tie following close by is Leading-Influencing. All these areas help people in some shape‚ way or form. My aspiration in life has always been to help people. Before I took the career interest test‚ I automatically
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Accounting Basics: Introduction Accounting is a glorious but misunderstood field. The popular view is that it’s mostly mind-numbing number-crunching; it certainly has some of that‚ but it’s also a rich intellectual pursuit with an abundance of compelling and controversial issues. Accountants are often stereotyped as soulless drones laboring listlessly in the bowels of corporate bureaucracies. But many accountants will tell you that it’s people skills‚ not technical knowledge‚ that are crucial to
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(a) Briefly explain what prompted some countries over the world to strongly advocate harmonization of accounting. The important reasons which necessitate harmonization of accounting practices are well contained in the observation made by Saudagaran. “While the initial efforts at harmonization were mainly championed by political bodies and professional accounting organizations‚ current pressures to harmonize are driven by investor groups who use financial statements‚ multinational companies which
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the past generation by the development of electronics. Thinking towards the future‚ I would value a job where there was a fast changing environment‚ where I would have to be constantly committed to improving my learning and performance throughout my career. Electrical engineering is a very good example of this type of job. Since there is a continued demand for innovation to achieve greater efficiency‚ giving the chance to exploit new materials and address new markets During a work experience placement
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