of practicing Certified Public Accountants (CPAs)‚ designated Financial Accounting Standards Board (FASB) as the body that establishes generally accepted accounting principles (GAAP) for federal reporting entities. As such‚ the FASB is responsible for identifying the GAAP hierarchy for federal reporting entities. The FASB is working on a standard‚ The Hierarchy of Generally Accepted Accounting Principles‚ that defines the meaning of generally accepted accounting principles. This standard identifies
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known. Integrity is the standard where all personnel retain from using any bias when carrying conducts. Credibility is the standard where all information should be communicated honestly and all information should be disclosed. By not reporting the inventory as obsolete‚ Perlman and her colleagues are violating all three major
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CHAPTER 16 GENERAL LEDGER AND REPORTING SYSTEM SUGGESTED ANSWERS TO DISCUSSION QUESTIONS 16.1 Although XBRL facilitates the electronic exchange of financial information‚ some external users do not think it goes far enough. They would like access to the entire general ledger‚ not just to XBRL-tagged financial reports that summarize general ledger accounts. Should companies provide external users with such access? Why or why not? No‚ companies should not provide access to their general ledger
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Lab 2 – Water Quality and Contamination Experiment 1: Effects of Groundwater Contamination Table 1: Water Observations (Smell‚ Color‚ Etc.) Beaker Observations 1 The water is clear with no distinct smell. 2 The vegetable oil does not mix with the water. Oil on top‚ separated from the water. Oil has a slight yellow look to it. No odor. 3 Vinegar mixes with the water and retains clarity. Has a slight smell of vinegar to it. 4 Laundry detergent changes the water’s clarity to a blue-green color. It has
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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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infrastructure (over which contact center was reviewed) S8500-based CommMgr 3.0 (on Linux) S8500-based CommMgr3.0 (on Linux) Other PBX support Siemens‚ Nortel‚ Ericsson & Aspect ACD None; requires Avaya Comm Mgr 3.0 PBX Avaya was awarded the “Best Reporting‚ IP Contact Center‚” 2005 IP Contact Center Review. The 800-pound gorilla of call and contact centers‚ Avaya estimates it has shipped well over 6 million contact-center seats over the last dozen years‚ equating to some 25‚000 active contact centers
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Introduction Trend towards triple bottom line reporting is undisputed. Especially for many public corporates‚ there is always a separate sustainability reporting when releasing the annual reports. For small and medium businesses‚ there is also information about social and environmental effects in annual reports‚ provided to stakeholders. But there are still many challenges‚ which impede businesses addressing triple bottom line reporting. This essay will briefly discuss the major challenges of triple
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One thing no one tells you about miscellaneous action reporting: the workers complicate the reporting process. They tell me I am Alex the “mighty” protector of Apollo-47‚ then ignore me when I am supposed to report something. Sometime later‚ someone came and asked me in room 38‚ where I fill out a survey and go. As I filled out the survey‚ I think: “Why do I have to protect a planet? Why can’t I be a trooper‚ actually doing something!” With my weird habit of remembering all the driver licenses‚ I
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Assignment front sheet Qualification Unit number and title Pearson BTEC Level 5 HND Diploma Business Unit 10: Financial Accounting and Financial Reporting Student name Assessor name Date issued Completion date Submitted on 28/03/15 09/05/15 Assignment title Presentation of financial information and Interpretation of Financial Statements (2 of 2) Learning Outcome Learning outcome Assessment Criteria In this assessment you will have the opportunity to present evidence that shows you are
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avoids an individual having to resolve a difficult ethical situation alone. Staff should in the first instance consider consulting their line manager‚ or Service Line Leader. If uncomfortable about raising the matter through the Firm‟s normal reporting channels or with their human resources contact‚ they may want to seek assistance from this whistleblowing policy. Our whistleblowing policy is therefore fundamental to the firm‟s professional integrity. In addition‚ it reinforces the value the
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