ACCOUNTING SUBSTANCE OVER FORM Substance over form is an accounting concept where the entity is accounting for items according to their substance and economic reality and not merely their legal form. It is one of the key determinants of reliable information. For most transactions there will be no difference and in some cases however‚ the two diverge and the choice of how to present the transactions can give very different results. This differences occurs when an asset or liability is not recognized
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Solution to Case 01 Financial Analysis and Forecasting Growing Pains Questions 1. Since this is the first time Jim and Mason will be conducting a financial forecast for Oats’ R’ Us‚ how do you think they should proceed? Which approaches or models can they use? What are the assumptions necessary for utilizing each model? Jim and Mason should begin their planning with a reasonable sales forecast. The sales forecast ought to be based on clearly stated assumptions about future economic
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Test Item File Electronic Devices and Circuit Theory‚ 9e (Boylestad) Chapter 1: Semiconductor Diodes 1) An intrinsic semiconductor is one that is as pure as present-day technology can make it. 2) Electrons are the minority carriers in an n-type material. 3) Holes are the majority carriers in a p-type material. 4) The quantum-Volt (qV) is the unit of measurement for electron energy. 5) A free electron has a higher energy state than any that are bound to their nucleus.
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you only see a beautiful piece of work? Or do you see some form of meaning behind the master piece? There is usually always a message behind the artist’s master piece. Instead of using words‚ he or she is using their painting. There also maybe some text in the painting to give you some idea as to what the message the artist is trying to get across. When looking at a piece of art many different meanings come to mind. You can draw any conclusion that you want. Everyone will come up with their own
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Americans Hurt Due to Negligence “No Text On Board‚ It Can Wait” is a slogan from an advertisement that AT&T sponsored‚ and it makes a claim saying if drivers just wait to take their calls and wait to text back‚ then many lives would be spared each year. In America we see everyday someone in their vehicle talking on the phone or texting. This has become an epidemic since‚ more and more people have suffered from others not paying attention to the road. Distracted driving activities like
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Magnolia Therapeutic Solutions Case Study Whittni Summerlee University of Phoenix BSHS/373 Financial Management in Human Services Frieda Flowers January 24th‚ 2010 Magnolia Therapeutic Solutions Case Study Magnolia Therapeutic Solutions is a well known nonprofit that provides psychotherapy for clients with Post Traumatic Syndrome Disorder (PSTD). Magnolia contributed several hours of intensive help to the victims of 911. In return NYC gave the organization a large grant
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Axis 1.33 SK‚ the Armani R850 P4‚ and the Mesh Elite 1.7GT Pro are similar 256 MB‚ whereas bigger than the Elonex WebRider Pro which has 128 MB amount of RAM. Dear Mr. Rajeg and all of my classmates‚ This is my comparisons and contrasts text about three personal computers based on the given data. Three personal computers‚ Armani R850 P4‚ Mesh Elite 1.7GT pro and Elonex WebRider Pro. Each type were has differences‚ such as of price‚ screen size and amount of RAM. Price of the Armani
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Some Virtues of Design By Gui Bonsiepe An Unfashionable term I chose to focus on the issue of virtues of design when I was reading - once again - the Six Memos for the Next Millennium by Italo Calvino. As is known‚ he finished only five out of a plan of six memos before he died. In this remarkable small volume he speaks about the values he would like to see maintained and brought into the next millennium as far as literature is concerned. These shared values he calls virtues. Taking his approach
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Case Solution: Schoolhouse Lane Estates Overview After receiving a great amount of inheritance money‚ Jan Thaw invested her money in planting grapevines for wine. Based out of the Long Island area‚ increasing trends for wineries began to rise. The U.S. wine market began to surge reaching all-time highs‚ leaving Jan with the opportunity to expand the business. Due to this forecasted expansion‚ Jan now wants to purchase additional land for more office space and harvesting. She now faces the predicament
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Master of Business Administration- MBA Semester 1 MB0041 – Financial and Management Accounting Q1. Accounting is one of the oldest‚ structured management information system. Give the meaning of accounting and book keeping? Explain the objectives of accounting? ANS. Meaning of Accounting- The systematic and comprehensive recording of financial transactions pertaining to a business. Accounting also refers to the process of summarizing‚ analyzing and reporting these transactions. The financial statements
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