AIM 6330 Topics to know for Exam I Chapter 1 – Environment and Theoretical Structure of Financial Accounting • Know the basic objectives financial reporting and the basic elements of financial statement • Know the fundamental and enhancing qualitative characteristics of accounting information. • Know the assumptions‚ principles and constraints of accounting information and be able to identify when each is being illustrated in specific accounting contexts. Chapter
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Rationale of the Study 1.1 Background Cheating on exams has become a popular phenomenon all over the world regardless of the levels of development. For instance‚ Baerthlein (2008)‚ from Germany‚ described that over the past decade‚ cheating has become more and more common as an act of academic dishonesty. Referring to the latest statistics she expressed her concern on the alarming rate as more than two thirds of high school students admitted cheating on an exam last year. The same trend was documented in
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list of items that could be included in the intangible assets section of the balance sheet. Instructions (a) Indicate which items on the list would generally be reported as intangible assets in the balance sheet. (b) Indicate how‚ if at all‚ the items not reportable as intangible assets would be reported in the financial statements. 1. Investment in a subsidiary company. 2. Timberland. 3. Cost of engineering activity required to advance the design of a product to the manufacturing
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textbook’s Web site‚ which contains the 2013 financial statements of Zieber Corporation. Forecast Zeiber’s 2014 income statement and balance sheets. Use the following assumptions: (1) Sales grow by 6%. (2) The ratios of expenses to sales‚ depreciation to fixed assets‚ cash to sales‚ accounts receivable to sales‚ and inventories to sales will be the same in 2014 as in 2013. (3) Zeiber will not issue any new stock or new long-term bonds. (4) The interest rate is 11% for long-term debt and the interest expense
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Balance sheets: the basics A balance sheet is a financial statement at a given point in time. It provides a snapshot summary of what a business owns or is owed. It states what assets the business ownes and what it owes – liabilities‚ at a particular date. The balance sheet is uded to show how the business is being funded and how those funds are being used. The balance sheet is used in three ways: • for reporting purposes (limited company’s annual accounts) • help interested
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What are the reasons for students to cheat during examinations? In the 21st century‚ peoples are much concerned about the certificate. Nowadays‚ no matter what you want to work‚ you need a certificate. You can imagine how important the certificate are. Because of a certificate‚ students cheat during examinations. Firstly‚ the main reason for students to cheat during examinations is they desire to have a good grades. Most of the students who cheat during the examinations ordinarily have a lot
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the financial manager that increases risk will also increase the required return. True or False 2) In common stock valuation‚ any action taken by the financial manager that increases risk will cause an increase the required return. True or False 3) In common stock valuation‚ any action taken by the financial manager that increases risk will cause an increase in value. True or False 4) An action on the part of a firm that increases the level of expected cash flows without a corresponding increase
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The story is about friendship‚ a mutual friendship. The author‚ Isabel Vivien Guda gave justice to the title of the story which is Friend-Cheat. This is something can guess immediately‚ from the idea and flow of the story. The author‚ I guess somehow reflects her own experiences‚ to easily and naturally tell the story about. Friend-Cheat specifically tells the precious meaning of the word friendship‚ how loyalty and trust matters on it. The story goes around between the two main characters named
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out of the body‚ allows one to swing a bat 3. transmits electrochemical impulses 4. anchors‚ packages‚ and supports body organs 5. cells may absorb‚ secrete‚ and filter 6. most involved in regulating and controlling body functions 7. major function is to contract 8. synthesizes hormones 9. the most durable tissue type 10. abundant nonliving extracellular matrix 11. most widespread tissue in the body 12. forms nerves and the brain Epithelial Tissue 3. Describe five general characteristics of
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Michelle Hardy Winter Mini 2014 Sociology of Gender EXAM III Kimmel meant by “The Self-Made Man” that he was self-control and took care of his own life and how he wanted to live it‚ in all aspects. It became known as the American definition of manhood‚ although it did have a rough start. Some of these principles changed through out time‚ but some remained the same. The major changes in this archetype were shown in the play The Contrast that Kimmel talks about. He shows three different types of manhood
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