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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EXECUTIVE SUMMARY Canada is on the edge of a substantial change that will change the way companies financially report to their investors and stakeholders. Adopting international accounting standards will impact Canadian investors and businesses‚ and change the way financial information is reported in Canada. In Canada the accounting standards are set by the Accounting Standards Board of Canada (AcSB). AcSB establishes financial accounting and reporting standards for use by Canadian companies
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Unit 9 Final Project: Integrity in Accounting “In 2001 and 2002 corporate giants like Enron‚ Global Crossing‚ and WorldCom were forced to declare bankruptcy‚ and massive accounting and other irregularities were revealed… In response to the public outcry that ensued‚ the [Sarbanes-Oxley] Act was enacted” (Lander‚ 2004‚ p. 1). Officials feared that because of these scandals in the financial reporting industry that investor confidence would be lost‚ which would cause the economy to deteriorate.
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History of Accounting The name that looms largest in early accounting history is Luca Pacioli‚ who in 1494 first described the system of double-entry bookkeeping used by Venetian merchants in his Summa de Arithmetica‚ Geometria‚ Proportioni et Proportionalita. Of course‚ businesses and governments had been recording business information long before the Venetians. But it was Pacioli who was the first to describe the system of debits and credits in journals and ledgers that is still the basis of today’s
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THE WATERGATE SCANDAL JAMAULA T. SYKES COLORADO TECHNICAL UNIVERSITY ONLINE HIST101-1302B-03 PROFESSOR J. CARPENTER JUNE 2‚ 2013 THE WATERGATE SCANDAL Scandal as defined by Bing.com (2013) is “something causing public outrage: a situation or event that causes public outrage or censure”. This was the case with Richard Nixon and the Watergate Scandal during his term in office. This was an event that happened in United States history that brought down Nixon during his tenure in Presidential
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Wk2 Assignment: The Enron and WorldCom Scandals Student Name ACC/260 Date Instructors Name[Page Break] 1. Which segment of its operations got Enron into difficulties? The guaranteed loans that were intended to bridge the financing for investments from outside investors that could not be found would be the segment of operations that caused Enron difficulties. 2. Did Enron’s directors understand how profits were being made in this segment
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opinion‚ why do accountants debit asset accounts to increase them but credit liability accounts to increase them? Why do accountants debit expenses to increase them but credit revenues to increase them? In my opinion the reason for this is that accounting equations must always balance and the two sides must always be equal. Each transaction has a dual
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SWOT Analysis of Canada Post Strengths • Coverage • Accessibility • Low cost • Old and trusted • Vast Database • Improved customer service Weakness • Reliability • Old Business model • Threat of labour action • Old Infrastructure • Communication and coordination issue • Outdated Technology Opportunity • New C.E.O can give new direction • Reducing parcel cost • Govt. to improve Canada Post • Optimum usage of existing network • Getting Eco-friendly status • Diversifying their product and services
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ĐỀ THI KIỂM TRA GIỮA KỲ Môn học: KẾ TOÁN QUẢN TRỊ (Managerial Accounting) Lớp: KT302DV01‚ HK10.1 Thời lượng: 6 0 phút (Không kể thời gian phát đề) Không được tham khảo tài liệu‚ Chỉ được sử dụng từ điển Anh – Việt‚ không sử dụng Kim từ điển Sinh viên làm bài trên đề thi Đề thi gồm 07 trang Họ tên sinh viên: …………………………………………………. Chữ ký và họ tên cán bộ coi thi 1 Chữ ký và họ tên cán bộ coi thi 2 Đ iểm thi Bằng số Đ iểm thi b ằng chữ ………………………………………………… MSSV: ………………………………………
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Question 1 The ethical guidelines which accountants are obliged to follow in the conduct of their work are made to combat criticism and gain credibility by preventing fraudulent accounting. Accountants ought to be able to maintain impartiality and independence to create a clear‚ credible and unbiased audit. Hence‚ the ethical principles are considered important. This is because the work of accountants requires a high level of ethics since the financial statements prepared and verified by auditors
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