ACCT 2010: Fall 2012 Sections L08‚ L09‚ and L15 GROUP PROJECT Please form groups of four to five students. Each group should analyze three cases provided below and write a short report. The objectives of the project are to help you develop the ability to 1) evaluate situations that have ethical implications‚ 2) identify the stakeholders and their interests‚ 3) describe ethical dilemmas and propose solutions‚ and 4) explain the importance of social responsibility. Each group should submit a written
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(TCO A) Which of the following is an advantage of the sole proprietorship relative to the corporate form of business organization? (Points : 5) Limited liability of investor Transferability of ownership Simple to establish Unlimited life mmolins@alcinc.com (TCO A) Dividends _____. (Points : 5) represent an expense and are an operating activity represent an obligation and are an operating activity represent a distribution of earnings and are a financing activity represent an asset and are
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Patrick Treadwell Acct 301 Project 4 Case 9-1 Hudson has been dealing with substantial warehouse costs. Hudson should account for these warehouse costs related to inventories by removing them from the cost of inventories. We learn that certain criteria need to be met in order to establish this which includes: cost incurred to bring inventory in a location to sale (Spiceland). Hudson Company uses the lower-of-the-cost-or-market method for the reason that is allows you not to place greater value
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FINAL EXAM REVIEW ACCT 3320 -001 Spring 2015 I. FINAL EXAM TIME AND LOCATION: Location: SB 2100 Time: 12:30 PM – 2:30 PM on Tuesday (May 05‚ 2015) II. FINAL EXAM POLICY: Please note the exam is closed book and closed note exam. You are allowed to bring pens‚ a two-sided cheat sheet (8.5 x 11 inches)‚ pencils‚ simple function calculators to the exam. III. EXAM FORMAT: There are 35 multiple choice questions including both conceptual and calculation questions. The exam will be done through
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different groups because it allows them to meet new students in there class. By them all knowing each other‚ it creates a healthy environment and allows the them to be more comfortable. In the classroom‚ there was five students that were from classroom 504 because their teacher was absent and the school could not provide a substitute for the class. All five of the students had four packets that had to be done by the end of the day and they were obligated to teach themselves the content. I went up to Ms
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Home Work (Chapter One) 1. Define each of the following statistical terms: a. Descriptive statistics b. Statistical inference c. Population d. Sample 2. Explain whether each of the following represents a population or a sample. a. Number of goals scored by all teams of champion’s league. b. Cars owned by 200 families in Dammam. c. Monthly salaries of all employees of a company. d. Yield of tomatoes per ha for 20 plots of land. e
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Test 1 Chapters 1-4 Student: ___________________________________________________________________________ 1. A cause-and-effect relationship is implicit in the: A. Realization principle. B. Historical cost principle. C. Matching principle. D. Going concern assumption. 2. Accounting standard setting has been characterized as: A. A political process. B. Using the scientific method. C. Pure deductive reasoning. D. Pure inductive reasoning. 3. The FASB ’s conceptual framework ’s qualitative
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------------------------------------------------- ACCT 201 ------------------------------------------------- ------------------------------------------------- Chapter 1 Solutions The Financial Statements ------------------------------------------------- Short Exercises (5 min.) S 1-1 Computed amounts in boxes | | | | | | | | Total Assets | = | Total Liabilities | + | Stockholders’ Equity | | | | | | | a. | $340‚000 | = | $130‚000 |
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Grading Summary These are the automatically computed results of your exam. Grades for essay questions‚ and comments from your instructor‚ are in the "Details" section below. | Date Taken: | 9/26/2012 | Time Spent: | 3 h ‚ 00 secs | Points Received: | 137 / 170 (80.6%) | | Question Type: | # Of Questions: | # Correct: | Multiple Choice | 25 | 18 | Short | 1 | N/A | Essay | 2 | N/A | | | Grade Details - All Questions | Page: | 1 2 3 | 1. | Question : | (TCO
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direct labor-hours (DLHs) as its measure of activity. [pic] The following data pertain to operations for the last month: [pic] Brewer - Chapter 09 2. What is the variable overhead efficiency variance for the month? A. $504 U B. $1‚120 U C. $1‚120 F D. $1‚144 F SH = 2‚400 ( 0.7 = 1‚680 Variable overhead efficiency variance = SR (AH - SH) = $14.30 (1‚600 - 1‚680) = $1‚144 F AACSB: Analytic AICPA BB: Critical Thinking AICPA FN: Measurement Bloom ’s:
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