ACCT 421A: CORPORATE TAX : Chapter Sixteen DISCUSSION QUESTIONS 5. How are farmers treated differently from other producers in regard to tax accounting? Since farmers are usually allowed to use the cash method of accounting‚ the UNICAP rules do not apply to farmers‚ except in the case of plants with a reproduction period of more than two years. The farmer can elect to use the farm price method of the unit-livestock-price-method. A farmer may also elect to average the income from farming
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MCQ -1 – Financial Accounting Under the FIFO cost flow assumption during a period of inflation‚ which of the following is false? WHICH OF THE FOLLOWING IS NOT TRUE. (Hint: One way to answer this is to look at examples of lifo and fifo). Choose one answer. a. Income tax expense will be higher than under LIFO. b. Gross margin will be higher than under LIFO. c. Ending inventory will be lower than under LIFO. d. Cost of goods sold will be lower than under LIFO.
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"Underlying Causes" Please respond to the following: Analyze at least three underlying causes for the creation of the Sarbanes-Oxley Act. Next‚ rank the causes that you have analyzed from the most important to the least important to the creation of the Act. Explain your rationale. In the later part of 1990s‚ there was an epidemic of accounting scandals which arose with the disclosure of financials transgressions by trusted corporate executives. The misdeeds involved misusing or misdirecting
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credit in their introductory psychology classes in return for their participation. They completed a questionnaire as part of their participation. 52% of the participants were men‚ and 48% were women. 94% were between the ages of 18 and 25. Only the 404 students that had complete data were used to set up the model that the experimenters formed. The second
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Bimbos go bonkers Recently‚ there has been an insane rally against child beauty pageants. Personally‚ I am concerned about the way these beauty pageants portray women and young girls. This has come in response to news that an American company has decided to bring its pageant to Australia for the first time. Child welfare authorities in the United States are investigating a mother who appeared on national television injecting her eight-year-old daughter with the anti-wrinkle treatment Botox. ’’It’s
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Mountaintop Removal: Effects on Human Health and the Environment Shilpi Chhotray Mountaintop removal site‚ Virginia.1 1 (2008) Mountaintop Removal Mining: An Overview. Sierra Club. Sept. 2008 . 1 Abstract This paper will examine the detrimental effects of the extraction of coal by the practice of mountaintop removal in American Appalachia. First‚ the process of mountaintop removal will be presented in order to
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CERTIFICATE This is to certify that the project report entitled “A study on EXECUTIVE PERFORMANCE APPRAISAL SYSTEM” at NALCO‚ BHUBANESWAR ” submitted to Gandhi Institute of Management‚ GITAM UNIVERSITY‚ Visakhapatnam in partial fulfillment of the requirements for the Degree of Bachelors of Business Management‚ is a bonafide work done by Mr Mahesh Thakur Kumar Khora and has been carried out under my guidance. Place:Bhubaneswar Ms.S.Senapati‚JM(HRD)
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Engl 1100-28 18.09.2012 Words: 404 Author Pico Iyer‚ «The Joy of Quiet»‚ emphasizes the problem due to the information overload. Soon after his arrival to Singapore he found out that people are willing to spend a fortune just on quiet. According to Philippe Starck‚ designer‚ the key success for him is that he lives outside generally accepted ideas which means alone and far away from civilization. Therefore the crucial role in his life plays the detachment from various sources of information. By
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sub-issues that are also addressed. The lower court misapplies the rule that test the admissibility of evidence. Even with the instruction form the judge the members of the court could use the information for an improper purpose. Under Mil.R.Evid 404(b) evidence is not admissible to prove the character of the accused. Under Mil.R.Evid.609 a prior conviction offered for impeachment must be introduced by cross-examination or by extrinsic evidence. By allowing this evidence there is no evidence that
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REAL NUMBERS 1 REAL NUMBERS 1.1 Introduction 1 In Class IX‚ you began your exploration of the world of real numbers and encountered irrational numbers. We continue our discussion on real numbers in this chapter. We begin with two very important properties of positive integers in Sections 1.2 and 1.3‚ namely the Euclid’s division algorithm and the Fundamental Theorem of Arithmetic. Euclid’s division algorithm‚ as the name suggests‚ has to do with divisibility of integers. Stated simply
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