achieved. As such‚ plans may or may not be expressed in formal quantitative terms. On the other hand‚ plans are often accompanied by a budget. A budget is a detailed plan for the future that is usually expressed in formal quantitative terms. | | 3 CORRECT | | A performance report: | | | A) | is part of the control process. | | | B) | compares budgeted data to actual data in an effort to identify and learn from excellent performance. | | | C) | is prepared to identify and eliminate
Premium Costs Variable cost Fixed cost
You just turned 16 and can’t wait to drive a car by yourself.Why should you have to wait even longer. You already have to take courses before you get your permit‚ and you have drive a year with a parent/guardian supervision before you can get your drivers licence. To persuade you that 16 year olds are mature enough to drive a car I will give you two reasons why. My first reason that 16 year old are mature enough to drive a car is you take courses to before you can start driving. This means
Free Driving Driver's license Automobile
Multiple choice When preparing a bank reconciliation‚ which of the following items should be added to the book balance? EFT receipts deposits in transit collection items both EFT receipts and collection items Which of the following must be added to beginning Retained Earnings to compute ending Retained Earnings? net income expenses dividends all of these answers are correct The use of the FIFO method increases taxable income: when prices are constant when prices are declining
Premium Generally Accepted Accounting Principles Balance sheet Depreciation
size • 2. Student email address • used for course announcements including offer of supplementary final exam where applicable so ensure it is linked to your regular email address Review Course Requirements • Refer Course outline - Staff – p.3 • Consultation Hours posted to web by week 2 – Course aims and outcomes – p.4 • understand the audit function and why there is a demand for it • establish the legal‚ professional and regulatory framework for audits in the Australian environment
Premium Audit Auditing Financial audit
1.Inventec Corporation Case Study Q1: Despite its growth and size‚ why is Inventec not very profitable? It can be concluded into 3 main factors : 1. Rivalry existed In the existing ODM industry‚ there are lots of competitors such as Quanta‚ Mitac and Compal. Because of the fierce competition‚ there is increase difficulty for completing differentiation. Moreover‚ client companies tend to limit ODM use to highly commoditized products commoditized products. There is also inherent risk associated
Premium Profit Software development Profit margin
Ex 9-2 1 D 2 A 3 C 4 D 5 D 6 B 7 B 8 D 9 C 10 A Ex 13-1 1 B 2 D 3 C 4 A 5 C 6 D 7 D 8 B 9 A 10 A 9-10. MODIFIED ACCRUAL/ ADJUSTMENT ACCOUNT AFFECTED ACCRUAL ACCOUNT Debit Credit 1. DEPRECIATION EXPENSE Accrual 674300 BUILDINGS & EQUIPMENT Accural 674300 2. SALARY EXPENSE Accural 39123 SALARIES PAYABLE Accural 39123 3. BUILDINGS & EQUIPMENT Accural 29049 EXPENDITURES Modified 29049 4. BONDS PAYABLE Accural 50000
Premium Generally Accepted Accounting Principles Depreciation Liability
It’s today! The day I turned 16‚ I have been planning for almost a year‚ in order to have a perfect sweet 16 party. I’m able to start driving and be more independent. Birthdays are a huge time investment‚ celebration‚ and important time to see someone’s growth over the past years. When I turn a year older it’s a new year and brand new start. By turning a year older I will help hold myself to a higher standard. I will try to be more responsible and rely more on myself. Some don’t celebrate their birthdays
Premium Birthday Party Happy Birthday to You
On October 1‚ Keisha King organized Real Answers‚ a new consulting firm; on October 3‚ the owner contributed $84‚000 cash. On October 31‚ the company’s records show the following items and amounts. Cash $ 11‚360 Cash dividends $ 2‚000 Accounts receivable 14‚000 Consulting fees earned 14‚000 Office supplies 3‚250 Rent expense 3‚550 Land 46‚000 Salaries expense 7‚000 Office equipment 18‚000 Telephone expense 760 Accounts payable 8‚500
Premium Balance sheet Generally Accepted Accounting Principles Accounts receivable
purchased a new fixed asset for cash. 1. Cash Flow from Operations is: A. $25‚000 B. $24‚500 C. $25‚500 D. $27‚000 Using the information from above... Cash Flow from Investing is: A. ($16‚000) B. ($15‚000) C. $1‚000 D. ($17‚000) QUESTION 3 Using the information from above... Cash Flow from Financing is: A. ($500) B. ($11‚000) C. ($1‚500) D. ($8‚500) 4 At Dec 31‚ ABC Company had currency and coins on hand of $500‚ deposits in checking accounts of $3‚000‚ U.S. Treasury bills
Premium Generally Accepted Accounting Principles Balance sheet Asset
by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) and remain in compliance with the SOX Act. This framework will follow six principles of internal control. 1) Establishment of Responsibility 2) Segregation of Duties 3) Documentation of Procedures 4) Physical Controls 5) Independent Internal Verification 6) Human Resource Controls Bruce Bulmer Consultations has completed its preliminary assessment of the current internal controls at LJB Company. While there
Premium Internal control Sarbanes–Oxley Act Security