Chapter 7: 1. What does aggregation mean in OO? Give an example. Aggregation is a “part-of” association. For example‚ student is a part of a class. 2. When we employ the technique of generalization in design‚ what are we doing‚ and which part of OO design is closely related to this concept? Generalization is an abstraction where we keep only the essentials and suppress the details. In OO‚ in moving from specific objects to a general class definition is an example of generalization. 3. List two
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1. Because adjusting entries assure that the balance sheet and income statement are up to date based on the accrual base of accounting and need to balance out the accounts based on when things are actually earned‚ Starbucks might record adjusting entries for asset accounts including: Cash and cash equivalents Accounts receivable Inventories Prepaid expenses/current assets Deferred income taxes Plant and equipment Other assets Goodwill 2. Starbucks might record adjusting entries for liability
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Nimo Lorenzo ACCTG 117 Payroll Accounting Management Monday Morning Class 02/04/2014 Matching Quiz 1. B 2. D 3. F 4. A 5. H 6. I 7. J 8. C 9. E 10. G Questions for Review 1. The Department of Labor enforces the Fair Labor Act which sets the basic federal minimum wage at $ 7.25 per hour and for the state of California’s minimum wage is $ 8.00 per hour. 2. The information that needs to be maintained by FLSA concerning employees’ wages earned is data about hours worked. 3. An employer
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1. What global changes prompted the Monroe Doctrine? What were its key provisions? How does it show America’s growing international presence? -The Monroe Doctrine was created on December 2nd‚ 1823 which proclaimed European powers would no longer interfere or colonize with affairs within the Americas. It limited the power for the European culture. Also‚ the United States decided to stay neutral with the Europeans and their colonies. The three main concepts consisted of separate spheres of influence
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1. A major advantage of the partnership form is that the personal assets of the partners are protected from creditors in case of legal action- False 2. A partnership is considered an “entity” for accounting purposes- True 3. “Mutual agency” means that one partner can legally bind all the other partners to a contract if it appears that he or she is acting appropriately- True 4. Partners are taxed on their drawings regardless of their share of the income. False 5. If a partnership agreement
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The chapter also features new high-quality‚ side-by-side cadaver photos with illustrations for easy comparison: the anterior and lateral regions of the neck (Figure 10.9c)‚ superficial muscles of the thorax (Figure 10.13b)‚ muscles crossing the shoulder and
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chapter 3 Exe# 6 In question direct labor hours is not given‚ we can find D.Labor hours through this formula Direct labor cost = 40000 = 6250 Hours Per D.Labor hours rate 6.40 1) Prime Cost (2) Conversion Cost Material opening 24000 Direct labor 40000 + purchase 56000 FOH Applied Material available for use 80000 6250 Hours@ 8 50000 - Material ending (20000) Conversion cost 90000 Material used 60000 + Direct labor 40000 Prime Cost 100000
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AP Biology Reading Guide Chapter 10: Photosynthesis Fred and Theresa Holtzclaw Copyright © 2010 Pearson Education‚ Inc. - 1 - Name_______________________Period___________ Chapter 10: Photosynthesis This chapter is as challenging as the one you just finished on cellular respiration. However‚ conceptually it will be a little easier because the concepts learned in Chapter 9—namely‚ chemiosmosis and an electron transport system—will play a central role in photosynthesis. 1
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Fast Food Nation Chapter 10: Globalization of Fast Food – Consumers Leading World to Uniformity In the book “Fast Food Nation”‚ Eric Schlosser breaks down the fast food industry both in the United States and around the globe into various sections. In chapter 10 specifically‚ Global Realization‚ Schlosser examines all aspects of the globalization of this growing industry‚ how the perception of American imperialism affects certain societies‚ the impact the fast food on the economy‚ the effects of
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inventory‚ salaries‚ and material‚ and revenue is generated through sales. When revenue are higher than the expenses‚ the company has an operating profit‚ and the company has an operating loss when the expenses exceed the operating revenue. 2) The accounting equation (A=L+SE) is a fundamental business concept. Explain what this equation reveals about a company’s sources and uses of funds and the claims on company resources. The equation reveals how heavily dependent a company is on debt versus owner
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