Good Works‚ Bad Accounting? Ethics Project Part II Section 55- Article IV: Objectivity and Independence:A member should maintain objectivity and be free of conflicts of interest in discharging professional responsibilities. A member in public practice should be indpeending in fact and appearance when providing auditing and other attestation services. .01 Objectivity is a state of mind‚ a quality that lends value to a member’s services. It is a distinguishing feature of the profession. The principle
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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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emphasis was being put on personality trait testing‚ I have to say I was a little bit nervous as I have never really put much stock into those particular types of tests being very accurate. But after reading chapters 7 and 8 in our text Personality: Theory and Research‚ the article on Gordon Allport‚ and most specifically taking the self monitoring test myself and comparing the results given to what I already believed to be true about myself‚ I now have a better understanding about how these tests‚
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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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Curriculum Evaluation Assignment (1) (Cert.Ed.) | | Discuss curriculum theories and relate them to own professional role.Place a specific curriculum within its social and educational contextDiscuss evaluation and quality assurance processes relevant to the selected curriculum and relate them to own professional role.Evaluate the selected curriculum using appropriate evidence and make proposals for improvement.2‚000 - 2‚500 words | | You need to demonstrate in this assignment that you have met
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You will contribute to the effective governance of an organisation by providing support and information which will enable the organisation to operate effectively. This includes promptly providing information requested by senior management and/or decision making bodies in your organisation. You must also ensure that the work carried out in your own area of responsibility is in line with your organisation’s policies and procedures. To pe rform effe cti vel y you nee d to: • provide information
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References: Warren‚ C.‚ Reeve‚ J.‚ and Duchac‚ J (2007). Accounting. 23rd ed South-Western‚ cengage learning in thousands except share data | January 3‚ 2009 | December 29‚ in thousands except share data | December 29‚ 2007 | December30‚
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Accounting for Managers TOPIC A: AN INTRODUCTION TO ACCOUNTING Investors – Individual and groups provide initial capital. Creditors – Company which loans money to another company (Suppliers/Bank). Managers – Oversee the day-to-day operations. What is accounting? * Process of Recognising‚ measuring‚ recording (also known as transactions)‚ disclosing and attesting to information. *Information – Decision Making (Value Creation)‚ Control (Monitoring). Process of Accounting: Transactions
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Application of Theories Vignette #2 Social Cognition – Psych 6201-2 Victoria Dominguez December 28‚ 2013 Dr. Brian Uldall The two attributions theories I have chosen for this paper are Heider’s “Naive Psychology Theory” And Kelley’s “Covariation Model.” The vignette I chosen is number two‚ James‚ 35-year-old African-American male. Heider’s Attribution Theory: The Naive Psychology of Traits. Heider founded the study of how ordinary people think about each other. In 1958
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homogeneity across cultures. The theory of relative face orientation We have discussed that Brown and Levinson’s (1987) face-saving politeness theory has been undermined for its inability to be applied universally. In surveying recent studies in cross-cultural communication‚ Mao (1994) mentions Janney and Arndt (1993)‚ who characterise it as idealistic‚ culturally biased‚ and lacking objective empirical evidence for the evaluation of their politeness universals. Instead of a theory centered on universals
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