Acct 555 HW Week 6 Chapter 14‚ pages 468–469: Problems 14-21‚ 14-22‚ 14-23‚ and 14-24 a. The accounting system will not post a sales transaction to the sales journal without a valid bill of lading number. This control is most relevant to which transaction-related objective for sales? (1) Accuracy (2) Occurrence (3) Completeness (4) Posting and summarization 467468 b. The accounting system automatically obtains the unit price based on scans of bar codes for merchandise sold. This control is most
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Course Homework Week 5 IT Governance‚ SEC 592 Clarke Cummings Keller Graduate School of Management Gregory Gleghorn‚ Professor Summary Understanding the issues around regulatory compliance can be a difficult and frustrating endeavor. Financial data must be kept confidential and unmolested at all costs. With data reporting‚ security and privacy gaining importance‚ companies world-over are under increasingly complex requirements for regulatory compliance. The intent of these multiple
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CLICK TO DOWNLOAD MAT540 Week 8 Homework Chapter 4 14. Grafton Metalworks Company produces metal alloys from six different ores it mines. The company has an order from a customer to produce an alloy that contains four metals according to the following specifications: at least 21% of metal A‚ no more than 12% of metal B‚ no more than 7% of metal C and between 30% and 65% of metal D. The proportion of the four metals in each of the six ores and the level of impurities in each ore are provided
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Week 2 Individual Assignments from the Reading Chapter 8 3) What are the essential features of the allowance method of accounting for bad debts? The essential features of the allowance method of accounting for bad debts are: (1) Uncollectible accounts receivable are estimated and matched against revenues in the same accounting period in which the revenues occurred. (2) Estimated uncollectibles are debited to Bad Debts Expense and credited to Allowance for Doubtful Accounts through an adjusting
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Week 5 – Homework – Answer Key Due Feb. 23‚ 2013 A total of 20 points are possible for this homework 1. A black guinea pig is crossed with an albino guinea pig‚ producing 12 black offspring. When the very same albino is crossed with another black guinea pig‚ 7 black and 5 albinos are obtained. Explain this genetic outcome by writing out the genotypes for the parents‚ gametes‚ and offspring in both crosses. First Cross: The fact that all F1 offspring are black suggests that the parents of the first
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Homework Assignment Week 1 2-16 (Objective 2-6) The following questions deal with auditing standards. Choose the best response. A. International Standards on Auditing are established by the: (2) International Auditing and Assurance Standards Board. B. Which of the following best describes what is meant by U.S. generally accepted auditing standards? (2) Measures of the quality of the auditor’s performance. C. The general group of U.S. generally accepted auditing standards includes a requirement
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you learned‚ what could be applicable to your workplace or personal life‚ and how your knowledge has increased as a result of what you experienced through the learning activities in the previous week. * Submit your team summary of the discussion in a 1- to 2-page Microsoft® Word document. In week two I learned a lot about how different databases reflect in different ways according to the different business needs. During the second discussion question I learned about how the two major databases
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WEEK 7 RESEARCH PROJECT (SET #1) DeVry University Acct 429-Professor Woodard Rosa Leon TAX FILE MEMORANDUM-1st Assignment FROM: Rosa Leon SUBJECT: Tracy Meal Deduction Question Today I talked to Tracey taxpayer with respect to her question regarding the meal deductions. Tracey is a sales representative for a national pharmaceutical company. FACTS: She has a rather large sales territory‚ and she makes her rounds to her customers using acompany-owned car over a 16- to 19-hour period of
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Homework Assignment #1 3-31 Tom and Linda are married taxpayers who file a joint return. They have itemized deductions of $11‚950 and four exemptions. Assuming an adjusted gross income of $40‚000.00 what is their taxable income for 2012? Adjusted Gross Income = $40‚000.00 Less: Itemized Deductions of $12‚250.00 Less: Personal Exemptions of $ 4($3‚700.00) =$14‚800.00 Taxable Income = $12‚950.00 3-32 Compute Marie’s taxable income for 2012‚ assuming she is single and claims two dependent
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Week 2 Assignment Chapter 15 Bickley Engineering Company has a capital structure of 30% Debt and 70% Equity. Its current Beta is 1.3‚ and its Market Risk Premium is 7.5% Points. The current Risk Free Rate is 3.5%. Bickley’s marginal tax rate is 40%. What is the Unlevered Beta of Bickley? Unlevered beta = levered beta/(1+(1-T) D/E) = 1.3 /(1+(1-0.4)X(0.3/0.7) = 1.03 Bickley’s management would like to change its capital structure to 15% Debt and 85% equity by retiring its bonds yielding
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