Stella Omusa is another interesting case study. As she pursued early schooling‚ Stella never had any idea of her orientation. Even her parents and peers could not help Stella on the same. Luckily‚ as a bright student‚ it was not difficult to secure admission into a public university. However‚ it is not clear whether Stella pursued a degree in bachelor of commerce‚ accounting option by choice or just as a matter of natural flow of events. Most likely though‚ it was the course she was selected to
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Thanks for 24 Years of Service. Now Here’s the Door! Russ McDonald graduated from the University of Michigan with his MBA in 1971. He chose General Motors for several reasons. Russ began his career at GM as a cost analyst at the company’s Fisher Body division in Detroit. From there he proceeded through a long sequence of increased job responsibilities. In 20 years he rose to assistant vice president of finance in the corporate treasury department. His salary was $134‚000 a year‚ and‚ in a good
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Receivable others are: interest receivable‚ rent receivable‚ tax refund receivable‚ and receivables from employees Accounts Receivable- are amounts due from customers for credit sales when a company does extend credit directly to customers it: 1. Maintains a separate account receivable for each customer 2. accounts for bad debts from credit sales Recognizing Accounts Receivable: AR occurs from credit sales to customers Sales on Credit: credit sales are recorded by increasing(debiting) accounts
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Topic 1 Accounting and Society Prepared by Graeme Wines. One issue in Topic 1 that can be a little confusing is the distinction between inductive and deductive theories. The example of the topical area of climate change can be used to provide explanations of the distinction which may help your understanding. Inductive theory A descriptive (explanatory/scientific) theory‚ as these terms imply‚ suggest that the theory is attempting to describe or explain a particular phenomenon‚ and that
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GENERAL NOTIONS 1. Kinds of Literature Literature can be subdivided into various kinds according to various criteria. It can exist in oral (folklore) or written form; literary speech can be prosaic or poetic. Literature can be divided into fiction and non-fiction. Non-fiction is a prose writing that presents and explains ideas or tells about real people‚ places‚ events. The main forms/genres of non-fiction are character sketch‚ journal‚ letters‚ memoirs‚ biography‚ essay etc. Fiction is
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you only see a beautiful piece of work? Or do you see some form of meaning behind the master piece? There is usually always a message behind the artist’s master piece. Instead of using words‚ he or she is using their painting. There also maybe some text in the painting to give you some idea as to what the message the artist is trying to get across. When looking at a piece of art many different meanings come to mind. You can draw any conclusion that you want. Everyone will come up with their own
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Americans Hurt Due to Negligence “No Text On Board‚ It Can Wait” is a slogan from an advertisement that AT&T sponsored‚ and it makes a claim saying if drivers just wait to take their calls and wait to text back‚ then many lives would be spared each year. In America we see everyday someone in their vehicle talking on the phone or texting. This has become an epidemic since‚ more and more people have suffered from others not paying attention to the road. Distracted driving activities like
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Molly Curtis A&P 1 Case Study1 Marian suffered from a heat stroke causing her body to experience hyperthermia. Marian body went through the process of homeostasis from experiencing hyperthermia. “Homeostasis is a state of body equilibrium or stable internal environment of the body.”(Marieb 8) Homeostasis protects the body by allowing it to adapt to the environment. Marian homeostasis tried to cool the body but failed. Though Marian was lucky her daughter found her in time. When a heat
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Contents 1-Introduction 2 2-1 Cost Behavior‚ benefits and difficulties ahead 3 2-2 Using CVP as a mean for Prediction 4 3- Conclusion 6 4- Reference 6 1-Introduction A good understanding of the relationship between cost and activities in a company is necessary for managers in every type of organization and this clothing manufacturing company is concerned because they do not have this understanding and what benefits it has for guiding managers to understand the changes
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1. Describe the situation of the Lehman brothers from an ethics perspective. What’s your opinion of what happened here? Lehman’ executives exploiting loopholes in the accounting standards to manipulate their balance sheet in order to mislead the investing public is the ethical issue that contributed to the company’s collapse. Lehman was able to clear vast amounts of unprofitable assets off of its balance sheet instead of selling them at a loss by using Repo 105. There was evidence that the chief
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