12.25 A 12.29 D 12.33 D 12.37 A 12.26 D 12.30 B 12.34 A 12.27 A 12.31 A 12.35 C 12.28 C 12.32 C 12.36 D 12.39 a. In this situation‚ scope limitation on accounts receivable audit is created because auditors are unable to obtain sufficient appropriate evidence using alternative procedures. Thus‚ if the amounts of wrong account receivables are material but not pervasive‚ the auditor can issue qualified opinion. If the scope limitation if pervasive‚ meaning the amounts of this prohibition
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Individual Assessment John Appleseed ACC/291 June 30‚ 2011 William Backer Individual Assessment E9-2 Trudy Company incurred the following costs. 1. Sales tax on factory machinery purchased $ 5‚000 2. Painting of and lettering on truck immediately upon purchase 700 3. Installation and testing of factory machinery 2‚000 4. Real estate broker’s commission on land purchased 3‚500 5. Insurance premium paid for first year’s insurance on new truck 880 6. Cost of landscaping on property purchased
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Industrial and Commercial Bank of China 1. Why did BICBC feel it was necessary to issue equity in markets outside China? What are the advantages of such move? Can you see any disadvantages? * They feel it was necessary because they want to attain global equity. This is to win overseas corporations to invest in China Commercial Bank. 2. What was the attraction of the ICBC listing to foreign investors? What do you think are the risks for a foreigner associated with investing in ICBC
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This week I have read the next seven chapters‚chapter six to chapter twelve. All the stories attracted me a lot. I am about to talk something about them. To begin with‚I am willing to tell them main contents about the stores. As for this part‚it can be classified into two main stories. One is the stories about Joseph‚and another is the stories about Moses. Joseph‚the castaway‚a servant‚a prisoner‚a saint‚and the savior of his people. He played so many roles in this part. At first‚he was abandoned
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Memories of Childhood – Zitkala Sa‚ Bama Two people recall their childhood when they were made victims of social inequalities. Zitkala Sa was a Red Indian. She was admitted in the Carlisle Indian School run by the British. The school authorities imposed a lot of rules on the students‚ some for the students’ good and some to show the British superiority and some for fun. But Zitkala could not agree with all this; she could not think of allowing her long hair to be cut. She didn’t like to wear
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Guideline business 1: JD is a sports fashion retail company based in England with shops throughout the United Kingdom. JD got 5 owners and they are‚ Pent land Group‚ Sports Direct‚ Aberforth Partners‚ Fidelity Management‚ and other minor shareholders. JD was started at 1981. Since October 1996‚ JD was been listed on the London Stock Exchange. The letter JD stands for the initial name of the founder of the company John and David. JD is a National company which is being owned by 5 shareholders. And
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CHAPTER 1 – RESEARCH IN BUSINESS Why Study Business Research? Business research provides information to guide business decisions. Business research plays an important role in an environment that emphasizes measurement. Return on investment (ROI) is the calculation of the financial return for all business expenditures and it is emphasized more now than ever before. Business research expenditures are increasingly scrutinized for their contribution to ROMI. Research Should Reduce Risk The
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6 Conclusion 7 CHAPTER 1 –THE ACCOUNTING ENVIRONMENT 8 Introduction 8 Reasons for Accounting 8 The Accounting Environment 8 CHAPTER 2 – FINANCIAL STATEMENTS 9 Summary of Financial Statement Package 9 Balance Sheet 9 Income Statement 10 Statement of Comprehensive Income 11 Statement of Shareholders’ Equity / Retained Earnings 11 Statement of Cash Flows 11 Notes to the Financial Statements 11 Common Users of Financial Statements 11 CHAPTER 3 – THE ACCOUNTING CYCLE 11 Introduction 12 The Accounting
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In chapter 6 of Children and Their Art…‚ the author highlights the importance of age-appropriate media use to introduce art to K-12 students. Art can be very beneficial to students when introducing in the correct way. Drawings have been known to help children explore the types of media‚ create symbols‚ develop themes‚ and solve visual problems. Art can be used to explore a child’s point of view or their own free spirit ideas. It allows they a way to express themselves. The book states‚ “drawings
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of capital balances- False 6. If the formation of a new partnership‚ the fair value of any asset brought into the partnership from another business is recorded on the partnership books- True 7. “Salary and interest allowances” are simply ways to distribute earnings and are not true salaries and interest- True 8. If the profit and loss ratio is 12:7:1 and the net income is $100‚000‚ the division will be $60‚000/$30‚000/$10‚000- False 9. At eh end of each year‚ partner’s drawings must
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