iWarwick Business School‚ University of Warwick IB2300 Accounting in Context Part 2 – Reflective Assignment 20th December 2011 Word Count: 945 “An auditor is a man who watches the battle from the safety of the hills and then comes down to bayonet the wounded.” - Irving R. Kaufman The past nine weeks have been intense and interesting. The entire module work has broadened my view of accounting tremendously and forced me to critically evaluate. It has had an impact of a 180 degree change in
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Statements on Management Accounting PRACTICE OF MANAGEMENT ACCOUNTING TITLE Definition and Measurement of Direct Material Cost TABLE OF CONTENTS Definitions . . . . . . . . . . . . . . . . . . . . . . . . . Materiality . . . . . . . . . . . . . . . . . . . . . . . . . Material Quantities . . . . . . . . . . . . . . . . . . . Material Lost in the Production Process . . . . Samples‚ Prototypes‚ and Initial Production Runs . . . . . . . . . . . . . . . . . . 1 2 2 2 3 Unit Price of Direct Material
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Chapter 8 Non-Current Liabilities Assessment Questions AS-1 ( 1 ) Name the typical forms of non-current debt. A typical and common form of non-current debt is a term loan from a bank. Another form of ______________________________________________________________________________ non-current debt is bonds. ______________________________________________________________________________ ______________________________________________________________________________ AS-2 ( 1 ) What is a bond
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Accounting Basics: Introduction Accounting is a glorious but misunderstood field. The popular view is that it’s mostly mind-numbing number-crunching; it certainly has some of that‚ but it’s also a rich intellectual pursuit with an abundance of compelling and controversial issues. Accountants are often stereotyped as soulless drones laboring listlessly in the bowels of corporate bureaucracies. But many accountants will tell you that it’s people skills‚ not technical knowledge‚ that are crucial to
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—Conceptual 21.Which of the following is not considered cash for financial reporting purposes? a.Petty cash funds and change funds b.Money orders‚ certified checks‚ and personal checks c.Coin‚ currency‚ and available funds d.Postdated checks and I.O.U. ’s 22.Which of the following is considered cash? a.Certificates of deposit (CDs) b.Money market checking accounts c.Money market savings certificates d.Postdated checks 23.Travel advances should be reported as a.supplies. b.cash because
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http://smallbusiness.chron.com/difference-between-traditional-accounting-computerized- accounting-4021.html INTRODUCTION: Before the advent of fast and cheap computers‚ accounting traditionally was processed manually with all transactions recorded in columnar papers and kept in voluminous binders. Once computers became popular and software affordable‚ accounting tasks moved into this medium‚ where concepts stayed the same but mechanics changed from papers to programs. AIMS AND OBJECTIVE:
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Introduction According to a team of US scientists led by David Lobell‚ of Stanford University‚ due to climate change‚ directly influence in rainfall and temperature and result in yields of agriculture and increasing price of necessary food. Their findings indicate that‚ from 1980 to 2008‚ climate change declined global wheat output by 5.5% and corn output by 3.8%‚ compared to growth projections without warming (Anonymous‚ 2011). However‚ their research is only a little part of ice. Like ice shelf
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Chapter 2—The External Environment: Opportunities‚ Threats‚ Industry Competition‚ and Competitor Analysis TRUE/FALSE 1. The health-related concerns in the general environment facing Philip Morris International are part of the physical segment. ANS: F PTS: 1 DIF: Medium REF: 36 OBJ: 02-01 TYPE: comprehension NOT: AACSB: Ethical & Legal understanding | Management: Ethical Responsibilities | Dierdorff & Rubin: Managing the task environment 2. The external environment facing business stays relatively
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Chapter 8 Activity-Based Costing: A Tool to Aid Decision Making Solutions to Questions 8-1 Activity-based costing differs from traditional costing systems in a number of ways. In activity-based costing‚ nonmanufacturing as well as manufacturing costs may be assigned to products. And‚ some manufacturing costs—including the costs of idle capacity—may be excluded from product costs. An activity-based costing system typically includes a number of activity cost pools‚ each of which has its
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Business Ethics‚ Online research in Philosophy‚ Communication of corporate social responsibility: A study of the views of management teams in large companies. Entries: 504‚043‚ New the week: 494 (Retrieved 10/2012) Daft R. L. (2011) Organization Theory and Design.‚ Cengage Learning‚ South-Western‚ Vanderbilt University‚ 11th edition Hammer‚ J. (1996). Harper’s Magazine Foundation‚ “Nigeria Crude: a changed man and an oil- fouled landscape. (execution of ken Saro-Wiwa)” Web Journal Retrieved 10/19
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