PRAIRIE TECHNOLOGY PARTNERS Planning Memo December 31‚ 2011 We have been retained as continuing auditors for Prairie Technology Partners (PTP) for the year ending December 31‚ 2011 Engagement Objectives * Provide our report on the examination of PTP’s financial statements by February 5‚ with year-end fieldwork to begin January 14‚ 2012 * Issue our management letter comments by February 10
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Management‚ Eleventh Edition by Stephen P. Robbins & Mary Coulter ©2012 Pearson Education‚ Inc. publishing as Prentice Hall 1-1 • Explain why managers are important to organizations • Tell who managers are and where they work • Describe the functions‚ roles‚ and skills of managers • Describe the factors that are reshaping and redefining the manager’s job • Explain the value of studying management Management‚ Eleventh Edition by Stephen P. Robbins & Mary Coulter ©2012 Pearson
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In James Madison’s‚ The 10th Federalist‚ Madison believes that in a nation a larger republic is safer and more efficient than that of a smaller republic. James Madison answers the question of how to eliminate the negative effects of faction. He defines a faction as‚ “a number of citizens‚ whether amounting to a minority or majority of the whole‚ who are untied and actuated by some common impulse of passion‚ or of interest‚ adverse to the rights of other citizens‚ or to the permanent and aggregate
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Carlos Gutierrez Mrs. Moquett Com/170 April 22‚ 2013 Living on Campus versus living off Campus A college experience can be the greatest time in a student’s life for the reason being‚ it is a new path the individual is taking to pursue his or her future career. While pursuing a career‚ every student has his or her own personal preference of whether or not to live on campus. Deciding where to reside seems to be the topic that runs through every college student’s mind. Whether it is to live the
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Arthur Andersen: Questionable Accounting Practices 1. Describe the legal and ethical issues surrounding Andersen ’s auditing of companies accused of accounting improprieties. The legal issues that surrounded Andersen ’s audition were that there was conflict of interest and there was lack of independence on the part of Andersen. In this context‚ Andersen took up lucrative management consultancy projects for the clients of whom it was the auditor. From the deontological ethical perspective
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1. | ch01001 | | Financial accounting information is: | | | Student Response | Value | Correct Answer | Feedback | A. | Designed to assist investors and creditors. | 100% | | | B. | Not used by managers and in income tax returns. | | | | C. | Called "special-purpose" accounting information. | | | | D. | Not applicable to individuals. | | | | | Score: | 2/2 | | | 2. | ch01003 | | Generally accepted accounting principles: | | | Student Response |
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Saturday‚ and Sunday evening. During the remainder of the week‚ she believed her customers would watch sporting events on several television sets located throughout the lounge. Carry employed two bartenders‚ three servers‚ two assistant servers‚ two cooks‚ one dishwasher and a clean-up person. She had a bar‚ 15 barstools‚ 4 tables‚ 40 chairs‚ 4 television sets‚ and one satellite dish. She had an oven‚ stove‚ grill‚ refrigerator‚ sinks‚ dishes‚ and glassware. Carry started this business with $50
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GNBCY Practice Exam Solutions – Chapter 14 1. Part (a) Solution (Learning Objective 1): The common fixed costs of $10‚000 (or $130‚000 - $120‚000) are irrelevant to this decision. Part (a) Solution (Learning Objective 2): CM that would be lost if department is discontinued $(150‚000) Less fixed costs that can be avoided if department is discontinued 120‚000 Increase (decrease) in net operating income $ (30‚000) Based on this information alone‚ because the company’s net operating
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Question 1 (a) |Ratio |Industry average 20X8 |Actual 20X8 | |Net working capital |$125‚000 |$63‚300 | |Current Ratio |2.35 |1.84 | |Quick Ratio
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Students who live on campus have better chance of succeeding in their college career than students who don’t live on campus. When you live on campus‚ all you need for your academic success is there. You don’t have to drive back and forth from home to campus anymore. It is a perfect way to start your experience away from your parents’ home . You will meet wonderful people that will help you in every step of the way. On the other side‚ students who go to college while still living
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