This work ACC 561 Week 1 Discussion Question 2ACC 455 Week 5 Discussion Question 2 includes solutions to the following question: "Which one of the four financial statements is your favorite and why?" Business - Accounting Alternative Costing Methods The text presents job and processing costing systems as virtual “polar extremes‚” there are many situations where it may be best for a company to use a hybrid system that combines attributes of both systems. Describe such a situation and discuss
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“Something’s are just wrong” Jessica Barnett SOC120 Richard Abshier Aug. 27‚ 2012 In "Some Moral Minima‚" Lenn Goodman argues that there are certain things that are simply wrong. Do you think Goodman is right? One of the most controversial subjects is that of pornography. So many people argue over whether or not it should be legal. I would agree that something’s are just wrong‚ however is is really our place to attempt to force others to live according to our beliefs? I think trying to force
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The play "The Devil and Daniel Webster" was written by Stephen Vincent Benét in 1938. Stephen Vincent Benét was born in 1898 in Bethlehem‚ Pennsylvania. His education came from Yale University and the Sorbonne in Paris‚ France. "The Devil and Daniel Webster" has a wide array of characters‚ each with a distinguished personality‚ yet an overall temperament that would be fitting of a New England community. The main character is Jabez Stone‚ a wealthy New England statesman whose position was the state
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method because the older milk will be sold first. International Accounting Standards No. 2 (IASCF) does not permit the use of LIFO for foreign affairs. Therefore‚ companies must use FIFO to report any inventory outside of the US effective as of January 1‚ 2009. On the hand‚ we have LIFO which is last in‚ first out. There has been a gradual increase of LIFO method by companies from 1973-2008. This method assumes that shirts bought in May 2012 will be sold before the shirts made in January 2012. Generally
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Information supplied from PWI’s cost accounting department in case study: Title Material Direct Labor Overhead Departmental Administrative Total 100 Plastic Rings 17.65 65.50 131.00 65.50 279.65 100 Steel Rings 321.90 196.50 393.00 196.50 1107.90 1 Some
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sn 1601. A method of bringing about gradual‚ low-risk change in an organization by changing the tasks to make them more interesting and challenging is: A) Strategic planning B) Force field analysis C) Job redesign D) Total Quality Management 2. Assuring that there are foods at a work party that are acceptable to all employees is an example of: A) Bias B) Empathy C) Inclusivity D) Predjudice 3. Suggestions for telephone manners include: A) Answering promptly and correctly. B) Hanging up
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Master Budget The master budget is a comprehensive summary of a business’ long and short-term goals. “It is a set of interrelated budgets that constitutes a plan of action for a specified time period” (Weygandt‚ Kimmel‚ & Kieso‚ 2008‚ p.4). It brings together long-range plans and short-term budgets. It provides calculated targets for sub-activities such as target sales‚ distribution‚ production‚ and finance. In addition it helps calculate any other item of financial interest to the business owner
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Question 2: Select one example of a literary work or work of visual art from the 1800s—either Romantic or Realist in style—that responds in some way to the Industrial Revolution. Identify the work and the artist or writer‚ and explain how it responds to the Industrial Revolution. Then describe one example of how either black slaves or white abolitionists used literature or the visual arts as a form of protest against slavery. Art is Reacting to Industrial Revolution Chapter 28 (pp. 920-948)
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Week 4 Discussions Week 4 Discussion Question 1 What is break-even analysis and how does it work with cost–volume–profit analysis? As a manager‚ what decisions would you make to achieve a lower break-even point? The CVP analysis is the level of activity at which total revenues equal total costs (both fixed and variable). A break-even analysis is the process of finding the break-even point. The cost-value-profit is the study of how specific costs respond to changes in the level of business
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In the file ACC 561 Week 3 Discussion Question 1 you will find right answers on the following task: "Select a costing method: process‚ job‚ or activity based. Describe the nature of your chosen method. What types of organizations should choose that method? How is this method different from the costing methods you did not choose? Use your selected costing method to create a real-life business management scenario that includes realistic numbers. What management decisions may one make based on your
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