between the narrow window and the long window‚ the previous one show the strong relationship between the financial report and the changes in share price. In long window‚ the price leads the earnings because the share price includes not only the accounting information but also other available information in efficient market. Thus‚ investors will read the financial statement and realize that whether they need to modify their investment portfolio. Because of the rational and risk-averse investors
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CHAPTER 3 COST-VOLUME-PROFIT ANALYSIS TRUE/FALSE 1. To perform cost-volume-profit analysis‚ a company must be able to separate costs into fixed and variable components. Answer: True Difficulty: 1 Objective: 1 Terms to Learn: cost-volume-profit (CVP) analysis 2. Cost-volume-profit analysis may be used for multi-product analysis when the proportion of different products remains constant. Answer: True Difficulty: 1 Objective: 1 Terms to Learn: cost-volume-profit
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Hendriksen and Michael F. van Breda‚ Four Thousand Years of Accounting‚ Chapter 2 of Accounting Theory‚ 5th edition‚ Irwin‚ 1992 Accountancy‚ from Wikipedia‚ http://en.wikipedia.org/wiki/Accounting. Retrieved January 20‚ 2011. Contents of lecture notes: 1. Introduction 2. Why bother with the history of accounting? 3. The beginnings 4. So what is ‘accounting’ (or ‘accountancy’)? 5. Double-entry accounting 6. Why double-entry accounting? 7. The period 1500 to 1800 8. The period 1800 to 1955 9. The
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CHAPTER 14: PROCESS COSTING AND THE COST ACCOUNTING CYCLE Multiple Choice c 1. ABC Company made the following journal entry. Work in Process Inventory $200‚000 Direct Labor $188‚000 Direct Labor Rate Variance 12‚000 From this entry we can tell that ABC uses a. job-order costing. b. process costing. c. standard costing. d. normal costing. d 2. CDE Company
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* Neyveli Lignite Corporation Areas which create Responsibilities Coal projects have numerous environmental and social costs that need to be fully accounted Without accounting for all associated costs‚ an effective evaluation of viable alternatives is impossible. The Energy Strategy must provide for full cost accounting for coal and other energy Industry Life cycle Cost Analysis which is very important issue for Coal Industry (for mining‚ processing‚ transportation‚ combustion‚ and storage)
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------------------------------------------------- Chapter 2—Cost Terminology and Cost Behaviors MULTIPLE CHOICE 1. The term "relevant range" as used in cost accounting means the range over which a. | costs may fluctuate. | b. | cost relationships are valid. | c. | production may vary. | d. | relevant costs are incurred. | ANS: B PTS: 1 DIF: Easy OBJ: 2-2 NAT: AACSB: Reflective Thinking LOC: AICPA Functional Competencies: Measurement‚ Reporting
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Abstracts This paper starts with introducing importance of management accounting literature and reviews the historical development of cost accounting from 1850 through 2000‚ includes origin of management accounting and controlling practices. In addition it identifies the management accounting theoretical development‚ and the main critiques that shapes the development of management accounting‚ thus creating a ground for future research or reviews. As well as it presents challenge existed in the
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Accounting Organizations and Socie~y‚ Vol. 13‚ No. 5‚ pp. 477---485‚ 1988. Printed in Great Britain 0361-3682/88 $3.00+.00 Pergamon Press plc TOWARDS A C C O U N T I N G AS R E A L I T Y C O N S T R U C T I O N : A NEW EPISTEMOLOGY FOR ACCOUNTING PRACTICE* GARETH MORGAN York University‚ Toronto Abstract Accountants often see themselves as objective appraisers of reality‚.representing reality "as is". This paper takes a different view‚ arguing that accountants typically construct
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Manh Duy Word count: 1175 Accounting is a subject that is relevant to business enterprises‚ especially operating‚ financial accounting‚ and managerial accounting information. There are many ways to define the work engaged in by the accountants. However‚ in this accounting course‚ we only focus on 2 famous professors who have 2 different definitions of the accounting career: Peter Atrill and Gareth Morgan. These 2 doctors gave dissimilar knowledge about accounting but it is still useful to accountants
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Chapter 4. Computer-based Accounting Systems: Practice The previous two chapters attempted to identify the characteristics of "good" accounting systems by reviewing the normative and empirical literature. This chapter begins the right-hand branch of the four-chapter Requirements Determination process illustrated in the lower half of Figure 1.1: it surveys the present state of computer-based accounting practice; Chapter 5 reviews computer-based accounting systems theory. Opportunities and problems
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