Acct 496 CH5 Assignment Kangkang Guo Q1. What is a provision‚ and when must a provision be recognized? Provision provides guidance for reporting liabilities of uncertain timing‚ amount‚ or existence. A provision should be recognized when: 1). The entity has a present obligation (legal or constructive) as a result of a past event. 2). It is probable (more likely than not) that an outflow of resources embodying economic events will be required to settle the obligation. 3). A reliable estimate of
Premium Balance sheet Asset Generally Accepted Accounting Principles
/////Ch 6 53) Strategy analysis and choice largely involves making ________ decisions based on ________ information. B) subjective; objective 54) Which stage in the strategy-formulation framework focuses on generating feasible alternative strategies? E) Matching 55) Which stage of the strategy-formulation framework involves the Quantitative Strategic Planning Matrix? C) Stage 3 56) Which strategy-formulation technique reveals the relative attractiveness of alternative strategies and thus
Premium Ethics Business ethics
INTRODUCTION: The Montessori Professional College International (Imus) branch is now facing problems with regards to monitoring the attendance of the students during school hours. Schools do have students willing to learn to the extent of always attending their classes‚ but in reality we can’t ignore the fact that some of the students do not attend their class to some important reasons and their parents or guardian are not aware of it. As the problem became exceedingly noticeable‚ the researchers
Premium Education University Fingerprint
Choosing a college major for some is easy; some people know exactly what they want to be when they grow up. For others‚ choosing a college major is probably one of the hardest decisions they will make in their life. It doesn’t help that there are now a lot of college courses and college programs among which you have to choose. There was once a time when choices were simple: good or evil‚ ketchup or mayonnaise‚ Bachelor of Science or Bachelor of Arts. Nowadays‚ you have to choose between shades
Premium Bachelor's degree Bachelor of Science Choice
Armstrong. G‚ pg – 218‚ 2008).’ 1.1. Features Penfolds Bin 707 is widely regarded as the ’benchmark ’ Australian Cabernet Sauvignon. The comparative scarcity of Cabernet Sauvignon of the desired standard sets a limit to the amount of Bin 707 made in any one vintage. Bin 707‚ a multi region blend‚ is the cabernet equivalent of Grange. Together‚ the two wines represent the Penfolds red wine style at its most rich and powerful. Bin 707 seeks to express cabernet in a way that balances flavours derived
Premium Marketing Wine
Factors That Affect in Choosing Hotel and Restaurant Course as Perceived by the Bshrm Students of Trinity University of Asia CHAPTER 1 THE PROBLEM AND ITS BACKGROUND This chapter presents the Introduction‚ Statement of the Problem‚ Hypothesis/Assumption‚ Scope and Delimitation of the study‚ Significance of the study and the definition of terms. Introduction Many incoming students face these factors that might affect in choosing Hotel and Restaurant Management course from other courses
Premium Education University Research
The Nature and Scope of Managerial Economics Dr. Mohammad Abdul Mukhyi‚ SE.‚ MM Economics is the social science that studies the production‚ distribution‚ and consumption of goods and services. Managerial economics (sometimes referred to as business economics)‚ is a branch of economics that applies microeconomic analysis to decision methods of businesses or other management units. As such‚ it bridges economic theory and economics in practice. It draws heavily from quantitative techniques such
Premium Economics Microeconomics Cost
Choi 1 Fabio Choi Ms D’addario ENG 2DE Monday April 29‚ 2013 Organic‚ the Best in the World Imagine looking at two different apples. One is a big rounded red apple. The other is smaller and less appealing. The first apple looks delicious‚ illuminating in the light. It seems to be the perfect apple to eat‚ due to its stunning appearance. A huge bite is taken out of the rich-looking apple; however‚ it lacks flavour. A bite is then taken out of the diminished apple which is filled with appetizing flavours
Premium Organic food Organic farming Taste
Making career choices large and small is something that nearly all adults have to do at some point or another. Whether you’re changing jobs‚ deciding to take on new responsibilities‚ or pursuing a brand new career different from your current one‚ career choices can make a big difference in your quality of life. There are a number of factors that affect career choices that you should always keep in mind‚ no matter what your career involves. Other People Are Reading • [pic]Factors Affecting Career
Premium Choice Decision making software Affect
Global Economy is the economy of the world considered as the international exchange of goods. It is also what holds the world’s economy together and can decrease over time. Sometimes it can go wrong and cause catastrophic proportions. There is no apical market to help evaluate certain goods or services. The economy has changed since 9-11. it’s as if nothing happened from that day forward. the United States was coming off a recession stemming from a bursting bubble‚ consumer confidence was declining
Premium Economics Unemployment Inflation