Intermediate Accounting Project Assignment #1 AIA2-1 (Financial Reporting Issues: The Procter & Gamble Company) a) Proctor and Gamble’s revenue recognition policies state that the customer recognizes revenue upon either date of shipment or date of receipt; e.g. when the product or receipt has switched hands. They also record revenue net of sales‚ trade promotion spending‚ and other taxes on behalf of governmental authorities. All of these transactions are generally recorded at time of
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law exhaust the requirements of ’justice’? Depends on one’s view of Justice. Justice in Truepenny’s eyes is to extend clemency to the defendants and that if this is done then in his eyes‚ ’ justice will be accomplished without offering any encouragement for the disregard of law’. ii) Mercy may not be part of the law if it is followed to the letter of the law. iii) Is Mercy a prerogative of the executive? In this case yes –
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The Legal And Ethical Issues In Relation To The Use Of Business Information Unit 4 p2 12 b 1 Introduction There are many issues which relate to the use of information which affect an organisation‚ there are three main headings which are legal issues‚ ethical issues These main headings cover all the key information and how it may affect an organisation which may be crucial to the way they deal with information and how it may need to adjust its way of operating for legal issues‚ ethical
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spreadsheets supporting cost allocations‚ computations‚ reconciliations and disclosures. Agreed-upon procedures engagement—An engagement in which an auditor is engaged to carry out those procedures of an audit nature to which the auditor and the entity and any appropriate third parties have agreed and to report on factual findings. The recipients of the report form their own conclusions from the report by the auditor. The
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CHAPTER 2 REVIEW OF RELATED LITERATURE AND STUDIES In order to develop a thorough understanding and deeper insight into previous works and trends that is relevant to the subject‚ as well as to reach specific goals of the study‚ the researchers considered a number of references‚ both foreign and local. These references presented in this chapter were gathered through journals‚ magazines‚ books‚ and other reading materials. It is also includes related foreign and local literature and studies acquired
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developer of credit scoring models at the time (they had already produced in excess of 650 scoring systems for credit grantors in the US and globally). In addition to building credit scoring systems for installment and revolving credit for banks‚ oil companies and department store chains‚ I also conducted research into competing methods and researched implications of Regulation B relative to credit scoring methods. In April 1977‚ I served as a panelist and delivered a paper on statistically assessing model
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Professional‚ Legal and Ethical issues in person-centred care For the purpose of this assignment the student will be discussing and analysing the professional‚ legal and ethical issues that influenced how person-centred care was delivered to a patient in an acute psychiatric hospital where the student was working. In accordance with the Nursing and Midwifery Council (NMC) (2010) the patient will be referred to as Sarah to uphold confidentiality. During a shift at the hospital the student attended
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and efficiency gains. 14 V. Conclusions 15 Bibliography 16 I. Introduction Kraft is a worldwide food and beverage company active in more than 150 countries with annual revenues of $48 billion while Cadbury is a worldwide producer and seller of chocolate and sugar confectionery products in over 60 countries. As stated by the European Commission: “Both Kraft and Cadbury are strong players in the chocolate confectionary business in the European Economic Area. With its main chocolate brands Milka
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Ronald Robillard Prof. Jane Curth Personal and Community Health Section 012 06/11/13 Medical Marijuana Medical marijuana less harmful than most other legal tobacco products and has the ability to reduce the pain within ailing people. Marijuana also has the potential to raise the U.S. out of their tough economic struggle as well as lower crime rate and create more jobs for many more people. Marijuana should be legalized for medical use across the country. Marijuana has a negative stigma attached
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Part A (27 marks) George Cadbury (SIN 454 313 206; DOB April 20‚ 1964) is married to Lucy (SIN 454 206 319; DOB July 31‚ 1965) whose net income is $50‚000. They have no children at home which is located at 24 Briar Park Lane‚ Kitchener‚ Ontario‚ N2E 2H2. George is the proprietor of a candy store (business code 445292). The income statement is as follows: George’s Candy Emporium Income Statement For the Year Ended December 31‚ 2013 Sales $320‚000 Cost of sales Inventory at beginning of
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