Class Act Class Act has concluded that the full agreement consideration of $5 million should be recorded as revenue upon signing the agreement. I do not think this is appropriate method to recognize revenue. According to FASB‚ a company would apply the following five steps to achieve the core principle: (1) identify contract with the customer. (2) Identify separate performance obligations. (3) Determine transaction price. (4) Allocate transaction price. (5) Recognize revenue when performance obligation
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Assignment: ACCT 108 1. Personal Computer Specifications – Processor‚ Intel Core i5-3317U‚ 1.7 GHz speed‚ 2MB cache‚ 24GB SSD‚ 750 GB HDD‚ 6GB RAM DDR3 1600MHz. Dual Layer DVD+/-RW‚ Memory card reader‚ Integrated microphone input/output‚ Digital Audio Output‚ Webcam‚ Touchpads 2‚ 2 USB 2.0 Ports‚ 1 USB 3.0 Port‚ Ethernet‚ Integrated Wi-Fi‚ Windows 8 Operating System I prefer to look for desktop‚ with big screen‚ high speed‚ and lots of storage. I checked the Future shop and gave
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inventory account balance to reflect the results of the ending inventory physical count. Calculate cost of goods sold using the results of an inventory count and understand the impact of errors in ending inventory on reported cost of goods sold. ACCT-5031 Obtaining an
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THE UNIVERSITY OF NEW SOUTH WALES Australian School of Business School of Accounting ACCT 1501: Accounting and Financial Management 1A Week 1 Introduction to Financial Accounting & Key Financial Statements Student Handout Lecturer: Dr. Youngdeok Lim School of Accounting UNSW QUAD 3069 youngdeok.lim@unsw.edu.au Blackboard: http://telt.unsw.edu.au. Session 1‚ 2013 WEEK 1: Introduction to Financial Accounting & Key Financial Statements Welcome to Accounting and Financial Management
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ALLAMA IQBAL OPEN UNIVERSITY‚ ISLAMABAD (Department of Business Administration) PROJECT MANAGEMENT (5539) CHECKLIST SEMESTER: SPRING‚ 2011 This packet comprises the following material: 1. Text Books (Two) 2. Course Outlines 3. Assignment No. 1‚ 2 4. Assignment Forms ( 2 sets ) In this packet‚ if you find anything missing out of the above mentioned material‚ please contact at the address given below: Mailing Officer Services Block No
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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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Projects and Project ManagementOrganizational leaders are facing complex challenges through a rapid rate of change in both the technology and government which has then created pressure in new and existing organizations. As a result‚ the traditional structure for managing is giving way to a new form of management (Kerzner‚ 2003). This form is project management. How can this be? Projects have been around since the building of the pyramids (Dobson‚ 2003). In 2650 B.C.‚ the step pyramid was built
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Project Execution Phase Overview: Once a project moves into the Execution Phase‚ the project Team and the necessary resources to carry out the project Should be in place and ready to perform project activities. The Project Plan should have been completed and base lined By this time as well. The project team and specifically the Project Manager’s focus now shifts from planning the Project efforts to participating in‚ observing‚ and analysing The work being done. Executing the Project Plan
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Acct 3120 External Financial Reporting II Chapter 14 Debt This quiz is based on the 10-K for the year ended December 28‚ 2013 for PepsiCo‚ Inc. You can obtain Pepsi’s financial statements from the firm’s corporate web site at http://www.pepsico.com/Investors.html. Unless otherwise indicated‚ all questions relate to the current period’s financial statements. 1. How much is the current maturity of Pepsi’s long-term debt that was shown as a current liability? 5306millions 2
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International University SCHOOL OF BUSINESS COURSE SYLLABUS1 Project Management Note: The outline with specific venue and time‚ and updated learning materials for the current semester will be provided to the enrolled students by the lecturer 1. COURSE STAFF Lecturer: Room: 207 Telephone: E-mail: Consultation Hours: 8.00 – 11.00 Thursday morning or by appointment Teaching Assistant: 2. COURSE INFORMATION 1 2.1 Teaching times
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