DEPARTMENT OF ACCOUNTANCY UNIVERSITY OF ILLINOIS MEMORANDUM TO: Emilio Velasquez FROM: Shiyun (Sharon) Lu DATE: February 8‚ 2015 SUBJECT: University bookstore textbook travails case Reasons for use of the retail method Retailers use the retail method to record the value of inventory because this method is easy to use and acceptable for financial reporting purpose under GAAP. Under retail method‚ inventory is recorded at a predetermined percentage of the original cost. Thus‚ ending balance of
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Individual Assignment Ch. 2 Textbook Exercises C2-1 E2-1 ACC 440 Week 2 Individual Assignment Ch. 12 Textbook Exercise ACC 440 Week 2 Learning Team Assignment Ch. 1 Textbook Exercises ACC 440 Week 3 Individual Assignment Ch. 12 Textbook Exercise ACC 440 Week 3 Learning Team Assignment Ch. 11 Textbook Exercises ACC 440 Week 4 Individual Assignment Ch. 12 Textbook Exercise ACC 440 Week 4 Learning Team Assignment Ch. 3 4 Textbook Exercises ACC 440
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Questions Chapter 1 1. What is meant by a holistic approach to medicine? (See page 2 in your textbook.) Pertaining to the total patient care that considers the physical‚ emotional‚ social‚ economic‚ and spiritual needs of the person 2. Name the three schools modeled after the Nightingale Plan that were established in the United States by the end of the nineteenth century. (See page 4 in your textbook.) Saint Thomas‚ Bellevue Hospital School of Nursing‚ Connecticut Training School 3. What
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revolution. As technology advances‚ textbooks could be completely replaced by tablets. Textbooks are on the verge of extinction. Tablets are significantly lighter weight than textbooks‚ especially considering that tablets can store numerous textbooks. According to a study in Archives of Disease in Childhood‚ the average weight of a student’s backpack is 15.4 pounds (with 3-4 textbooks). The average weight of a tablet is between .75 and 2 pounds. Replacing textbooks with tablets can be very expensive
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Flat World Knowledge case study discusses how the traditional textbook publishing model is changing because of disruptive advances in technology that have essentially created the digital publishing market. Although I believe that Flat World Knowledge will be recognized as a successful contributor to the disruption in the textbook publishing market in five years’ time‚ I view online learning – accented by the evolution of digital textbooks – as the disruptive force that has changed the model for the
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“Real world”. And yet‚ a question that has brought a ton of controversy is “what does it mean to be Educated and who decides”. Is it right to claim that today’s education system has been influenced by teachers and a series of hand selected published textbooks. Today’s education system has been reduced to teachers assume the position of holders of knowledge and who are supposed to then transfers said knowledge to students. Paul Friere (1993) in his article “the banking concept of education” has demonstrated
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districts should switch from print textbooks to digital textbooks on tablets and e-readers. Proponents of tablets say that they are supported by most teachers and students‚ are much lighter than print textbooks‚ and improve standardized test scores. They say that tablets can hold hundreds of textbooks‚ save the environment by lowering the amount of printing‚ increase student interactivity and creativity‚ and that digital textbooks are cheaper than print textbooks. (Click to enlarge image) Summary
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be blaming only teachers for student ignorance. Loewen blames textbooks‚ publishers‚ and instructors for students knowing too little accurate information‚ too much inaccurate information‚ and not caring about any information. Loewen states the main cause for students’ lack of awareness is textbooks. Written to meet strict requirements of page length‚ design‚ and content‚ it has become practically impossible to write a history textbook that is interesting and acceptable to a national audience. Loewen
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Other areas in which culture might lead to differences in the application of financial reporting rules include areas in which estimation and judgment are involved: warranty expense‚ bad debt expense‚ revenue recognition‚ asset impairment tests‚ obsolete inventories‚ etc. Discuss the implications that the model presented in part II of this case has for the internal auditors of Cancan Enterprises in carrying out their responsibilities. Cancan’s internal auditors need to be aware that accountants
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on the issue? Bullying is the use of force‚ intimidation or abuse‚ and what does the word bullying actually mean? To make one obsolete. At the start of my speech I mentioned teen suicide‚ and since ive been talking‚ if we are running on track with 2012 data and im running on the right time. Two human around our age have committed suicide.They have been made………Obsolete. Now im not saying that all teenage suicides are a result of bullying. According to Doctor Jeff Yalden‚ a psychology professor
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