MAA103 & MAAP103 - Accounting for Decision Making ASSIGNMENT – TRIMESTER TWO‚ 2011 (Relates to Topic 4) Represents 20% of the assessment for this unit DUE DATE: ASSIGNMENT PLANNER: MONDAY 1 AUGUST‚ BY 5.00pm FINAL ASSIGNMENT: THURSDAY 8 SEPTEMBER‚ BY 5.00pm NOTE the following general submission points: 1. 2. 3. 4. 5. Assignment can be completed in groups of no more than THREE students. Students CAN NOT complete assignment with students from other lecturers classes. Only ONE hardcopy of
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Chinese proverbs • o Literally: A drop of water shall be returned with a burst of spring. o Meaning: Even if it was just a little help from others‚ you should return the favor with all you can when others are in need. • ， o Literally: If one person is not hungry‚ the whole family is not hungry. o Meaning: Families will make sacrifices for individual members of the family. o Common Misunderstanding: If one person in the family is happy‚ the whole family is happy. • ‚ o Literally:
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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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Homework Week 2 Exercise E1-1 SEC – K Audit – G Sole Proprietorship – I Corporation – E Accounting – A Accounting Entity – D Audit Report – J Cost Principle – F Partnership – C FASB – L IASB – H Unit of Measure – B GAAP – N IFRS – M E1-2 Accounts receivable – Asset Cash and cash equivalents – Asset Net sales – Revenue Notes payable – Liability Taxes payable – Liability Retained earnings – Stockholders’ Equity Cost of products sold – Expense Marketing‚ administrative
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CHAPTER 2 21. Generally accepted accounting principles a. are fundamental truths or axioms that can be derived from laws of nature. b. derive their authority from legal court proceedings. c. derive their credibility and authority from general recognition and acceptance by the accounting profession. d. have been specified in detail in the FASB conceptual framework. 22. A soundly developed conceptual framework of concepts and objectives should a. increase financial statement users’
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of the times‚ people find it difficult to understand the various accounting Concepts. In this coursework‚ I shall analyze these concepts and explain them. First of all I shall discuss the materiality concept. WHAT IS MATERIALITY? Authoritative accounting bodies in the USA such as Financial Accounting Standard Board (FASB)‚ Securities and Exchange Commission (SEC)‚ General Accounting Office (GAO)‚ American Institute of Certified Public Accountants
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ACC206: Principles of Accounting II Final Paper Instructor: Emmett Denham March 25‚ 2013 ABC Company could reach $3 million in annual sales within 3 years if the company used shingle scrap material to build cedar dollhouses. The new product would add additional costs but would project an aggressive growth in revenue for the company. In the following reports I will show you how beneficial the cedar dollhouses would be to ABC Company. [ABC Company] | Cash Flow Satement | | | | Date:
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If we analyses industry life cycle graphs‚ the Chinese firework industry is not in growing period‚ it can be counted at maturity phase such as sunset industry. According to Chinese Firework Industry article‚ there are some challenges for future outlook in Firework market‚ such as some safety regulations and increasing environmentally conscious among consumers. Both of them force the industry to be more manufacturing and it increases the cost. In addition to these disadvantages reproducing is another
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Chapter 35 from Chinese Civilization presents the intense debate between Wang Anshi and Sima Guang in terms of a series of reforming policies conducted by Wang. Essentially‚ the debate is denominational: Sima‚ an advocator of Confucius‚ represents the conservatives‚ and Wang represents innovationists. Wang and Sima were in fact good friends and both were erudite central government officials‚ yet they held very different political stand. Sima highly emphasizes the conservative Confucius philosophy
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Last term our class studied Chinese Cinderella by Adeline Yen Mah. It is Adeline’s story‚ about her tough and horrible childhood as a neglected and unloved daughter of a rich and arrogant man‚ and a cruel‚ and abusive Stepmother. Right from the moment her mother died‚ Adeline was labelled as ‘bad luck’. Her family was very superstitious and believed she caused her mothers death so was therefore despised‚ no one wanted her around at all. Unfortunately for Adeline she didn’t really have any parents
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