Summary Discussion on IFRS versus GAAP Jayne Egharevba ACC/291 January 26‚2015 Business Management Summary Discussion on IFRS versus GAAP Harris‚ P.‚ Stahlin‚ W.‚ Arnold‚ L. W.‚ & Kinkela‚ K. (2013).The Financial Accounting Standard Boards ( FASB) and International Accounting Standard Board ( IASB) are both working on financial instruments that include classification and measurement of the financial instrument and impairment of financial assets. However‚ the boards did not converge and set down
Premium Asset Generally Accepted Accounting Principles Balance sheet
Individual: Atmospheric Issues Climate change; the gradual shift in weather patterns throughout the planet attributed to the use of fossil fuels used by humanity to make life more convenient and comfortable. People have been the stewards of the planet for roughly 200‚000 years of which‚ the past 150 years would be classified as America’s peak industrialization‚ but this is a global issue and many nations have only recently begun their
Premium Greenhouse gas Atmosphere Tropical cyclone
Instructor Assignment # 1. 1. Alex Miller‚ Inc.‚ sells car batteries to service stations for an average of $30 each. The variable cost of each battery is $20 and monthly fixed manufacturing costs total $10‚000. Other monthly fixed costs of the company total $8‚000. Required: a. What is the breakeven point in batteries? b. What is the margin of safety‚ assuming sales total $60‚000?
Premium Variable cost Costs Management accounting
Compute a materials price variance for the plates purchased last month and a materials quantity variance for the plates used last month. Materials Price Variance measures the difference between what is paid for a given quantity of materials and what should have been paid according to the standard. (Actual Quantity x Actual Price) – (Actual Quantity x Standard Price) or AQ (AP-SP) Materials Price Variance = 12‚000 plates x ($2.50 - $2.35) = $1‚800 Materials Quantity Variance measures the difference
Premium Time Variance
Chapter 7: THE LIVES AND WORKS OF MASTERS IN VISUAL ARTS Reporter: Francis B. Corral BSECE II * Leonardo Da Vinci (1452-1519) - an Italian master of the arts of painting‚ sculpture‚ and architecture‚ a draftsman‚ an accomplished engineer‚ and a pioneer investigator‚ in the natural sciences. Life and works in painting * Born in 1452 in Vinci‚ Republic of Florence (now in Italy)‚ Leonardo spent his youth in Tuscany and in 1469‚ went to Florence with
Premium Leonardo da Vinci Florence Italy
Running head: APPLYING PROBLEM SOLVING “Applying problem Solving” Critical Thinking/PHL251 University of Phoenix July 26‚ 2010 Applying Problem Solving-Problem Solver Successful problem solvers are individuals who are able to time after time recognize and make decision on the best judgment among multiple alternative. Their decisions are creative‚ rational‚ and justifiable based on their critical thinking skill via past experiences. Therefore‚ these individuals are provided with the acquire
Free Critical thinking Problem solving Thought
spices 4. What military technologies did the Silk Road spread Chariot warfare‚ mounted bowman‚ and the stirrup. 5. What kind of people were the mariners that were involved in the India Ocean Trade? a multilingual and multiethnic group 6. The Indian Ocean Maritime System forged economic and social tied between what countries? East Africa‚ Arabia‚ India‚ China‚ and Southeast Asia 7. The Indian Ocean Maritime System was better prepared for long- distance travel than the Greeks- why? What was one
Premium Africa Sahara Sub-Saharan Africa
objective was to relate the KWH consumption to the AC and DRYER usage. In addition‚ he wanted to know how many KWH’s the AC used per hour and the number of KWH’s used in each run of the DRYER. Statistical regression analysis can serve this purpose. Use chapter 14 as a guideline to develop a regression model that predicts KWH consumption from AC and Dryer usage. 1. Perform a simple linear regression using only AC to predict KWH. 2. Perform a simple linear regression using only Dryer to predict KWH. 3
Premium Regression analysis Errors and residuals in statistics
Week 1 ~ DQ #1 Why might understanding the psychology of personality be a valuable tool? It is important to understand the psychology of personality because ultimately‚ our personalities govern the way people react to us. It also helps us to understand different personality traits which can help us identify specific strengths and weaknesses. Understanding our own strengths and weaknesses and identifying others can enable us to apply managerial styles that can influence a more productive working
Premium Psychology Personality psychology Person
price inelastic. | | Question 4 If a consumer purchases a combination of commodities X and Y such that MUx/Px = 20 and MUy/Py = 10‚ to maximize utility‚ the consumer should buy: Choose one answer. | D. more of X and less of Y. | | Question 5 Consumers who maximize utility are said to be: Choose one answer. | D. rational. | | Question 6 The absolute value of the price elasticity of demand for cabbage has been estimated to be 0.25. If an insect infestation destroys 20% of the nation’s
Premium Supply and demand Consumer theory