an audit for this company? Explain the reasons for your decision. Yes‚ audits exist because of regulatory mandate (required by government). There are three theories which propose reasons why demand for audits might exist without regulatory mandate: 1. Agency theory (The focus of the agency demand for auditing is more related to the stewardship role of accounting- which is more an examination of what has happened.) The separation of ownership and control of organizations has resulted in an information
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Imagine you are managing a design project that will create an interface for automobile mechanics. The interface would be used by the mechanics to look up various fixes and parts for any number of makes or models of automobiles that may come through their garage. Decide what usability measures would be most motivating when designing this interface and describe the unique challenges you would have to plan for when designing an interface for an automotive repair shop. Use supporting evidence to support
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Teeya Clarke MBA 621-Financial and Managerial Accounting July 11‚ 2015 Problem 2-3 Indicate the net effect on assets‚ liabilities and owners’ equity resulting from each of the following transactions: Assets=Liabilities+owners’ Equity 1. Capital stock was issued for $100‚000 cash This will increase assets by $100‚000 and increase equity by $100‚000 2. Bonds payable of $25‚000 were refunded with capital stock. The liabilities will be decreased by 25‚000 and increase equity by 25‚000 3. Depreciation
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Chapter 1 1. What is the most important difference between a corporation and all other organizational forms? A corporation is legally separate from its owners; it is an artificial being under the law. 2. What does the phrase limited liability mean in a corporate context? Limited liability refers to the amount of liability an owner has. The owner is only liable for the amount they invested in the corporation. 3. Which organizational forms give their owners limited liability? LLC
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retained earning Dividend = $780 million + $50 million - $810 million = $830 million - $810 million = $20‚000‚000 Question (2-7) The Talley Corporation had a taxable income of $365‚000 from operations after all operating costs but before (1) interest charges of $50‚000‚ (2) dividends received of $15‚000‚ (3) dividends paid of $25‚000‚ and (4) income taxes. a) What are the firm’s income tax liability and its after-tax income? b) What are the company’s marginal and average tax rates on
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1 Most leadership theories emphasize • leader characteristics • 2 Distant charismatics are often described in terms of their effect on follower • • political attitudes A theory that explains the most effective pattern of leadership behavior in a specified situation is best classified as • • prescriptive 4. A contingency theory that contains mediating variables is • • multiple-linkage model • 5.One unique characteristic of followers in leadership theory is
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WEEK 1 : CONNECTING THE DOTS Question: 1 The outcomes of My Foundations Lab Path Builder was surprisingly more difficult then what I had first planned‚ but also refreshed my memory quite a bit‚such as writing ‚spelling‚ and note taking. After being out of school for twenty years. I definitely forgot a lot more then I thought. I can definitely see it as a must for an educational tool. Question: 2 The MFLPB definitely applies to my educational need. By learning what it had to offer it will improve
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Research assignment Part 2 1. Purpose of the Global Names Zonein Windows Server 2008 DNS Servers GNZ is intended to aid the retirement of WINS‚ and it’s worth noting that it is not a replacement for WINS. GNZ is not intended to support the single-label name resolution of records that are dynamically registered in WINS‚ records which typically are not managed by IT administrators. Support for these dynamically registered records is not scalable‚ especially for larger customers with multiple domains
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Essay #2 Agreeing or Disagreeing Essay How to Change Americans Eating Habits Because of fast food chains in America‚ when we feel the urge for an easy meal‚ Americans‚ in general‚ immediately look to the fast food nation for a quick suppression to their hunger. Because we live in a time-is-money society the most efficient means of hunger satisfaction is the almighty drive-through. Corporations spend billions of dollars advertising to enhance sales of their products. With American catching on
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Question 1 (5 points) $100 today is worth the SAME as $100 tomorrow. True False Question 2 (5 points) $100 invested for 10 years at 12% interest is worth more in FV terms than $200 invested for 10 years at 4% interest. True False Question 3 (5 points) Shawn wants to buy a new telescope. He estimates that it will take him one year to save the money and that the telescope will cost $200. At an interest rate of 6%‚ how much does Shawn need to set aside today to purchase the telescope in one
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