—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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Accounting and Finance Management Assignment 2 Semester: 3 Prepared by: Osoba Seun Student Number: Sc-Kl-00021763 Email Address: josher4real@yahoo.com Date submitted: 17/01/2014 Question 1 Sales Budget September ($) October ($) Budgeted sales (units) 9‚500 Selling price per unit $12 Total sales 90‚000 114‚000 Schedule of expected cash collections: October ($) Account
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ACG 2071 Managerial Accounting Process Costing Systems Minicase Jeffersonian Corporation has been in business for over 50 years. The company is looking to expand operations into the Pacific Rim and would like an analysis of its financial statements to be prepared. Review the financial statements below: Jeffersonian Corporation Comparative Income Statement For years ended December 31‚ 2011 and 2010 Sales Cost of goods sold Gross Profit Operating Expenses Salaries Expense Contract Labor
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(January–April): 1–22. Bannister‚ J. W.‚ and Newman‚ Harry A. 1996. Accrual usage to manage earnings towards financial forecasts Barnea‚ A.; Ronen‚ J.; and Sadan‚ S. 1975. The implementation of accounting objectives: An application to extraordinary items Beidlerman‚ C. R. 1973. Income smoothing: The role of management. Accounting Review 48 (October): 653–67. Boot‚ A. W. A.‚ and Thakor‚ A. V. 1993. Security design. Journal of Finance 48 (September): 1349–78. Boot‚ A. W. A.‚ and Thakor‚ A. V. 1997. Financial system
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Throughout High School and college I didn’t know what career path that I wanted to take. As a college student‚ I just gained the opportunity to express myself‚ to spread my wings and to go after my dream only to realize that I didn’t know what it was that I wanted to pursue. The pressure and expectation from everybody did not help the cause either. So I decided that I am going to pursue engineering because it is a profession that I could finish and get a job after 4 years‚ plus I had friends I knew
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Quality of Work Life (QWL) is a philosophy‚ a set of principles which holds that people are the most important resource in the organization as they are trustworthy‚ responsible and capable of making valuable contribution and they should be treated with dignity and respect [1]. The elements that are relevant to an individual’s quality of work life include the task‚ the physical work environment‚ social environment within the organization‚ administrative system and relationship between life on and
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CAREER EXPLORATION My ultimate value is my family. My vision for my own self is to live happily with my family in the future. I love to spend my spare time with them. Hanging around with friends and family make me feel well. I love to play on computer. I also love to play with the magical numbers. I like surfing on the internet‚ exploring new things‚ reading articles related with health‚ life‚ and economic events such as the stock market‚ financial companies‚ investment corporations‚ etc. I think
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8.21 (1) MA‚ I/P (2) FFR‚ O (3) FFR‚ I/P (4) MA‚ O (5) MA‚ R (6) FFR‚ I/P (7) FFR/ O (8) FFR‚ R (9) FFR‚ R (10) MA‚ I/P (11) MA‚ R (12) FFR‚ O 8.27 Fraud risk (a) Fraud risk factors ASA 240 - high degree of competition in the market - Domination by Rob Bigbucks (CEO&chairman) - Threatened employees with no pay rises - Significant portion of sales managers salaries are paid in bonuses - The industry is in a recession and it is starting to affect the company – Potentially leading
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Portfolios have long been used in some professions to showcase professional work and skill. In education‚ portfolios have also been used for assessment‚ including self-assessment (Lankes 1995; Pond et al. 1998). Both career portfolios and career passports reflect this dual focus—students assess themselves in the process of developing a product‚ and the resulting product showcases and documents their experiences and skills. A distinction is sometimes drawn between a portfolio as developmental and
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The accounting equation is an equation that includes the Assets‚ Liabilities‚ and Stock of a company. These three attributes determine the value of a company. This value is used to file the company’s taxes. When the value is figured by the accounting equation‚ investors can determine a possible return on their investments. Assets are resources owned by a business. Liabilities are the debts and obligations of the business. Liabilities represent claims of creditors on the assets of the business
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