employees is fair. In most cases when a union is involved‚ there is a percentage of compensation that has been agreed upon. 1.7) Financial accounting (i) Management accounting (h) Financial reporting (g) Financial statements (f) General-purpose assumption (b) Integrity (c ) Internal control (e) Public accounting (d) Bookkeeping (a) 2.3) Amber Company’s assets total $150‚000 and its liabilities total $85‚000. What is the amount of Amber’s
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CHAPTER 3 THE REPORTING ENTITY AND CONSOLIDATED FINANCIAL STATEMENTS ANSWERS TO QUESTIONS Q3-1 The basic idea underlying the preparation of consolidated financial statements is the notion that the consolidated financial statements present the financial position and the results of operations of a parent and its subsidiaries as if the related companies actually were a single company. Q3-2 Without consolidated statements it is often very difficult for an investor to gain an understanding
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Communication enables individuals to relate to others on a deeper level‚ but it can also result in a loss of privacy. The reader is taken on a journey into the lives and thoughts of many people. The novel gives you the ability to hear and see what may seem like ordinary conversations and interactions between characters‚ but if looked at with a deeper scope of vision‚ the opportunity to take a glimpse into their lives is obtained. Communication comes in many forms. Things such as windows‚ curtains
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Alcohol is one of the most abused drugs in the world. Why do people use alcohol in the first place? Many people do experience a relaxed feeling known as a “buzz‚” after having alcohol. They only focus on the pleasurable feeling the alcohol bestows on them. Each person has a different reason for drinking alcohol. Most people want to have an enjoyable time with others and drink. Others may drink to escape stress caused by a tough day in the office or being laid off from the company. Alcoholic parents
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The Loss of Creature During this essay written by Walker Percy‚ it is clear that his overall opinion of experiencing new things is in the eye of the beholder and/or the hands of those around them and their social status. Percy uses many examples in his writing including that of an explorer‚ tourist‚ and local all seeing things for the first time either literally or in a new different light. In this essay‚ I will play on both sides of regaining experiences‚ seeing things on a different level
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A Loss of Individualism? Many schools in America today are depriving children and young adults of individual growth because they have restricted the literature discussed to topics based on the surrounding or minority cultures‚ and have also begun teaching expected behavior based on the ideas of a certain culture. Students need role models and variety‚ when learning‚ to enhance their knowledge and grow their imaginations. If students are encouraged to only read accepted books or act a specific way
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SHANGRI-LA You are partner in charge of the audit of Shangri‑La‚ Inc. The company is a real estate developer‚ specializing in luxury vacation areas. The company’s operations have been profitable‚ although not spectacular. Most of the development property is pledged as collateral for bank loans; there is a reasonable stockholders’ equity of about $10‚000‚000. Shangri‑La has a substantial
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BM6026 - Managerial Accounting & Finance Mini Assignment - Sem 1 2014/2015 Name : Suriati Binti Yusse Matric no : MB1412199T Class : Tuesday - 7.00PM - 10.00PM product selling price Variable Cost : Material : Extract of Tongkat Ali Other Ingredients Packing Material Overhead Cost : Drying cost of liquid Other Overhead Cost Labour Cost : Processing Packaging Total Variable Cost Unit Contribution Margin Expected volume sales % of total sales Weighted Contribution Q1 : capsule
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1. IntroductionPensonic Company Pensonic is one of the most successful trading companies in Penang‚ Malaysia that sells a wide variety of electrical appliances. In addition to its own brand “Pensonic”‚ the company also owns the German brand “Lebensstil Kollektion” and owns the sole-distribution rights for the Dutch brand “Princess” in Malaysia. Pensonic also established a mass production hub and international distribution network of electrical home mechanism and an international distribution network
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professional accounting‚ tax‚ legal or other advisors. Before making any decision or taking any action‚ you should consult with an appropriate specialist or professional. No warranty is given to the correctness of the information contained in this document‚ or its suitability for use by you. To the fullest extent permitted by law‚ no liability is accepted by the Institute of Chartered Accountants in Australia or Thomson Reuters for any statement or opinion‚ or for an error or omission or for any loss or damage
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