Course Project This paper analyzes a fictional privately held company‚ Smackey Dog Foods‚ Inc. as well as its fictional auditor‚ Keller CPAs. The analysis is based on a Keller Graduate School of Management scenario and a series of questions developed to address concepts learned throughout the External Auditing course. Concepts include: SEC influence‚ audit planning‚ audit stages‚ internal controls‚ confirmations‚ sample size‚ obtaining evidence‚ inventory‚ warehousing cycles‚ Professional Rules of
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ASSIGNMENT Accounting Manager Decision Making Submitted by: Ashish Lakhani Submitted to: Tariq Shameem Case 5-35 | (a) | Stage 1: Allocation of S1 and S2 costs to production departments | | | | Department P1 | Department P2 | | | Directly traceable | $480‚000 | $780‚000 | | | S1 | 1‚176‚000 × = 420‚000 | 1‚176‚000 × = 756‚000 | | | | | | | | S2 | 1‚120‚000 × = 280‚000 | 1‚120‚000 × = 840‚000 | | | | | | | | Total support | $1‚180‚000 | $2
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Multiple Choice (12 marks) Choose the best answer for each of the following 8 multiple choice questions. Circle your answer directly on the quiz booklet. Only one answer will be accepted for each multiple choice question. There is no penalty for guessing. Question No. 1 (2 marks) Bobcat Company uses a job-order costing system. During April‚ the following costs appeared in the Work in Process Inventory account: Beginning balance $ 24‚000 Direct material used 70‚000 Direct labor incurred 60
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Keller Graduate School ACCT 593 Financial Accounting and Reporting NOVEMBER 2012 Syllabus Important Deadlines Course Start Date 10/29/2012 Course Completion Date 1/6/2013 Portal Access Deadline 02/28/13 Discussions Required on a Weekly Basis By its nature‚ the evaluation of participation in the threaded discussions will be subjective based both on quantity and quality of contributions. Not all threads will require
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Study Guide Chapter 5 1. “More than a toleration of an alien culture is required…there is need for affirmative acceptance as different but equal.” Elaborate. This statement refers to cultural adaptation. It is important for different cultures to meet in the middle and not lose what makes their culture unique. There are three aspects to adaptation. These are‚ cultural imperatives‚ cultural electives‚ and cultural exclusives. Imperatives are aspects of business that all cultures come
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FINANCIAL REPORTING: FINANCIAL TRANSACTIONS‚ ACCT 642-001 Fall Semester 2014 Faculty Name: Office Location: Faculty E-mail: Phone: Office Hours: Emily L. Lindsay‚ CPA‚ CGMA‚ MSA KSB‚ Room 14 Lindsay@american.edu (preferred contact) (202) 885-1902 (office); (240) 731-9764 (cell) M/TH 9:00 AM – 10:00 AM & 11:45 AM – 12:45 PM TH 3:15 PM – 5:15 PM and other days & times by appointment. Class Time & Location: TH 5:30 PM – 8:00 PM‚ KSB T-61 COURSE DESCRIPTION: With ACCT-641‚ this course is part of a two course
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that takes place before the product is delivered to the customers. It accrues due to detective processes. The following accounts for internal failure: o Rejected material‚ supplied by vendor o Rejected pieces of sub-assemblies o Rejected products at final
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Global Citizenship Final Exam Review Chapter 5 Social Inequality: Any difference in the treatment of people based on age‚ race‚ gender‚ etc. Social Stratification: Refers to the large hierarchical arrangements of large social groups on the basis of their control over basic resources (main forms include: class‚ gender and race/ethnicity) a) Dominant group: Characterized by a disproportionate share of power‚ wealth‚ social status and health care b) Subordinate group: Has limited access to
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Checkpoint: A New House- Economy The strength of the economy as a whole could affect the marginal benefits and the marginal costs associated with a decision to purchase a home by the market itself. If the market is in “good condition”‚ it can lead to a good house hunting experience because rates are at normal. If the market seems to be down as it currently is‚ there may be some pits and downfalls‚ but rates are then low‚ causing house buyers to have more options and selections when purchasing
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Full Disclosure Paper ACCT/421 Full Disclosure Paper Company’s today accounting practices have changed a lot due to recent scandal that has occurred in the past years. Many companies disclose their accounting practice to ensure that all review parties of their books understands the basics of their accounting. The company full disclosure should states future event that may or will occur‚ and material economic impact on the financial position of the business that is located
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