Discussion Questions- Case 8 2) An over count of ending inventory would lead to a decrease in costs of goods sold which leads to an increase in net income. Anytime a company wants a higher net income there is the potential for over counting of inventory. This potential problem is especially significant in the audit of the Lakeside stores because manager’s of the each store get a bonus based on the store’s net income. They are also the same people who count the inventory. It would be very tempting
Premium Financial audit Generally Accepted Accounting Principles Audit
Group 11: Nguyen Thi Thu Huyen Nguyen Thi Dieu Linh Mai Ngoc Tam Nguyen Lan Anh Case 8-22: Evaluating a company’s budget procedures 1. Identify the problems that appear to exist in Ferguson & Son Manufacturing Company’s budgetary control system and explain how the problems are likely to reduce the effectiveness of the system. Ferguson & Son Manufacturing Company has appointed Robert Ferguson‚ Jr.‚ the son of the president as the plant manager. He directed the company’s focus on budgetary control
Premium Control theory Control system Control engineering
Problem 1:Input names of students from the user‚ terminated by ZZZ‚ andcreate a data file GRADES with records of the form:student (string)‚ test1 (integer)‚ test2 (integer)‚ test3 (integer)In this file‚ all test scores should be set equal to 0. Main Program Open GRADES Declare Name as String Call Write Grades Module Close GRADES End Main Module Write Grades Module Display "Enter Student’s Name‚ ZZZ to quit” Input Name While Name <> "ZZZ" Write Name to GRADES Write "0 0 0" to GRADES Write newline
Premium Ring Addition
ey Chapter 8 Stocks and Their Valuation LEARNING OBJECTIVES After reading this chapter‚ students should be able to: • Identify some of the more important rights that come with stock ownership and define the following terms: proxy‚ proxy fight‚ takeover‚ and preemptive right. • Briefly explain why classified stock might be used by a corporation and what founders’ shares are. • Differentiate between closely held and publicly owned corporations and list the three
Premium Stock market Dividend yield Fundamental analysis
Case : “week 8 federal taxation discussion” Employee Business Expenses" Please respond to the following: As part of his contract at his new job‚ Jim is provided a company car and gas card to go back and forth to work. He sometimes uses the car for out-of-town travel approximately once a month. Jim also uses the car and the gas card for his family vacations‚ dinner‚ etc. Question: Explain the applicable tax law regarding employee compensation and the criteria for deducting expenses Make at least
Premium Corporation Tax Types of business entity
Linux Fedora 15 Chapter 7 1. The shell waits for the command to finish executing. You can send the command to the background by using "&". 2. cat list | sort | lpr 3. A PID number is an identification number assigned to a command running in the background‚ which can be used to differentiate between commands. The PS (process status) utility. 4. $ ls section* $ ls section[1-3] $ ls i* $ ls*[13] 5. fgrep -i ’a’ | wc -l fgrep ’a’ find lines containing "a"; the -i option tells it to ignore
Free File system Computer file Graphical user interface
Throughout chapter eight through twelve of Lord of the flies‚ various passages conveyed striking imagery. One important passage would be the beginning of chapter nine: A view to Death. A horrendous storm picks up on the island again. As this is occurring‚ Simon is waking up from his faint and realizes what the “beast” actually is. Meanwhile the boys are performing their dance and are reenacting the scène of when they murdered the pig. Ralph and Piggy join as a means of curiosity and to make sure
Premium English-language films William Golding KILL
Chapter 12 was interesting to read. The amount of information I gained on Schozophrenia was large. I was however shocked by the amount of drugs available to treat this problem. I think that this is great for anyone suffering from the disease because what works for some may not work for the next. I work in a hospital and often times we run into the case where the person will have a reaction to a medication and need to switch. We often time see the side effect of the medications and then are
Premium Medicine Patient Health care
Chapter 8 The Marketing Plan (Hisrich) McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies‚ Inc. All rights reserved. Marketing Research for the New Venture Marketing research involves the gathering of data to determine such information as: Who will buy the product or service? What is the size of potential market? What price should be charged? What is the most appropriate distribution channel? And what is the most effective promotion strategy to inform and reach potential
Premium Marketing
Sarah Campos AP World History (5th period) Mr. Jackson 10/8/14 Stearns Chapter 8: African Civilization and the Spread of Islam 1. There were some states whose rulers exerted authority through a network of officials but stateless societies were more common. These stateless societies were formed around kinship and other forms of commitments and were sometimes bigger and more extensive than states. There were many government types but a board of families or communities held power. However‚ this authority
Free Africa Sub-Saharan Africa Mali Empire