THE INSTITUTE OF FINANCE MANAGEMENT (IFM) FACULTY COMPUTING‚ INFORMATION SYSTEMS AND MATHEMATICS DEPARTIMENT OF COMPUTER SCIENCE DIPLOMA IN INFORMATION TECHNOLOGY 2013/2014 REPORT TITLE: BUSINESS LAPTOP CENTER WEBSITE ASSIGNMENT NAME FAUZIA NCHIRRAH RAMADHANI SHABANI M REG. NO DIT/13/63597 DIT/13/73601 LECTURE; HERMAN MANDARI MR BY FAUZIA NCHIRRAH RAMADHANI SHABANI M. This is the assignment report is submitted to the lecture
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I/ Executive summary: This report studies about Philips and Matsushita case in order to knowing their competing strategic and organizational choice. Then the processes of achieving transnational model of both companies are also learned. In the report‚ for comparing the two companies and learning about their strategies‚ the compare and contrast method through using evaluating table with number to imply the impact factors is being used. Besides‚ the identification and theories are based mostly
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“certificate of achievement for excellence in financial reporting” by the Government Finance Officers Association? What is the significance of this award? Yes‚ it is significant because it is the highest form of recognition in the area of governmental accounting and financial reporting‚ and its attainment represents a significant accomplishment by a government and its management. (Page 13) b) What are the key issues addressed in the letter of transmittal? Major initiatives in the city of Charlotte
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6-3 What is the future value of $7‚540 at the end of 7 periods at 8% compounded interest? What is the present value of $7‚540 due 9 periods hence‚ discounted at 11%? What is the future value of 15 periodic payments of $7‚540 each made at the end of each period and compounded at 10%? What is the present value of $7‚540 to be received at the end of each of 18 periods‚ discounted at 5% compound interest? 6-6 Dwayne Wade Company recently signed a lease for a new office building‚ for a lease period
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must comply with most standards and interpretations but does have to follow the disclosure requirements. False This statement is false because the companies they not only have to comply with most GAAP standards and interpretations but also have to follow the disclosure requirements. · The primary governmental body that has influence over the FASB is the SEC. True · The FASB has a government mandate and therefore does not have to follow due process in issuing a standard. False FASB has a
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Question 1 Use the data below to answer Parts (a) through (c). Show all calculations in your solutions. On January 1‚ 20X2‚ Haika Inc. purchased 60% of the outstanding voting shares of Selina Co. for $3‚000‚000. On that date‚ Selina’s shareholders’ equity consisted of retained earnings of $2‚000‚000 and ordinary shares of $1‚000‚000. Selina’s identifiable assets and liabilities had fair values that were equal to their carrying values on January 1‚ 20X2‚ except for the following: | Fair value
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costs Labor costs of assembly-line workers $110‚000 – Direct labor Sales commissions $35‚000 – Period costs Factory supplies used $13‚000 – Direct materials Salaries paid to sales clerks $50‚000 – Period costs (b) Explain the basic difference in accounting for product costs and period costs. Product costs are manufacturing costs‚ direct components‚ direct labor and manufacturing overhead‚ do not become expenditures until the company sells inventory. Period costs are non-manufacturing costs‚ including
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The Aqua E-Cigarette: Vietnam Marketing Plan 06 December 2013 III. Market Audit and Competitive Market Analysis I. Introduction II. The Product A. Evaluate the product as an innovation as it is perceived by the intended market 1. Relative advantage Electronic cigarettes‚ also called e-cigarettes‚ are battery-operated devices designed to be used just like regular cigarettes. Their operation is based on the atomization of a liquid solution of nicotine that gives users the feeling
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between a standard‚ a budget and variance. [2] State the formulas for determining direct materials and direct labor variances. [3] State the formula for determining the total manufacturing overhead variance. II. Standard and variance Standard is the norm (e.g. standard number of years to get a college degree; standard number of hours to get a good night’s sleep; standard amount of time spent to pass CPA‚ etc). Variance is the difference between the actual and the standard (Favorable
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The lecture last night discussed accrual accounting concepts such as timing issues‚ and the basics of adjusting entries. The discussion went into more detail on periodicity assumption and how accounting divides the economic life of a business into artificial time periods. These time periods are generally a month‚ a quarter‚ or a year‚ now whether it is a fiscal year or a calendar year that is determined by the company itself. The lecture then reviews the revenue recognition principle which expects
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