ACCOUNTING MINICASE: ACCT – 08 TEACHING NOTES BUSINESS ETHICS PROGRAM Booking the Budget Teaching Notes What Are the Relevant Facts? 1. Maria and Andy have organized and are responsible for the accounting system of the HMO. 2. Bob and Connie‚ executive officers of the HMO‚ are mainly concerned with rosy sales results. 3. Financial sales accruals have been recorded for numbers that are closer to budget projections than actual sales. 4. Auditors reviewing the financial figures will require
Premium Ethics Business ethics Enron
How could the director attempt to reconcile the budget? The director could attempt to reconcile the budget by limiting large purchases and cutting back on the other materials‚ especially unnecessary items. The director should know how to manage the expenditures wisely especially in this case that twelve parents at the center have been laid off. There are a lot of ways can a director do to reconcile the budget‚ they can do donations‚ fundraising activities. The director could ask some help for volunteer
Premium Education School Finance
things are constant. 2. Budget Line - A graphical depiction of the various combinations of two selected products that a consumer can afford at specified prices for the products given their particular income level. When a typical business is analyzing a two product budget line‚ the amounts of the first product are plotted on the horizontal X axis and the amounts of the second product are plotted on the vertical Y axis. -A consumer’s budget line characterizes on a graph
Premium Consumer theory Euclidean geometry Analytic geometry
this fast evolving world. The world around us is always changing and other countries aren’t going to wait up for us just because we are in a "budget crisis." The us being in a crisis only makes other countries want to advance even faster because they want to surplus and they know that its possible to do if we cut budgets to the military. Also we are in a budget crisis because of all the other dumb things that our government spends money on. For example relief in Haiti. Not needed‚ we spent millions
Premium United States Economics Immigration
CHAPTER 3 Predetermined Overhead Rates‚ Flexible Budgets‚ and Absorption/Variable Costing Questions 1. Although both variable and mixed costs change in total with activity measure changes‚ the difference is that variable costs change in direct proportion to such activity changes and mixed costs do not. Since a mixed cost has both a fixed and variable component‚ the cost per unit at different activity levels is not constant as it is with a variable cost. 2. No‚ these are not always the best points
Premium Variable cost Costs Fixed cost
Hi‚ When you write the paper‚ please don’t use a excel spreadsheet‚ only use analysis of the data in Microsoft word sheet. I mean explain everything in words. Thanks! Budget Analysis III | JKL CCRC Facility This is your third and final budget analysis which is much more detailed in the aspect it relates to a Continuing Care Retirement Center (CCRC) that means it offers a vast array of health care services to a specific population. During this analysis you are continuing the process
Premium The Unit Nursing home
A budget deficit is described as the difference in the funds that the government collects in taxes and what is spent. In 2001 the economy was at $128 billion surplus and has steadily decreased to a $1.327 trillion deficit in 2012. It is currently projected that by 2013 the deficit will be down to $901 billion (Amadeo‚ 2012). A popular question is whether the source of a deficit really matters or not‚ the concern is the fact that the United States is in debt. Many Americans want to place the blame
Premium Monetary policy Public finance Inflation
Music Education Budget Cuts One of the most beloved activities among young people today is in crisis. As budget cuts to school are made‚ the education organizations look for ways to use less money. Where most of them look is sad. Music is a subject that is almost universal around the world; although‚ it can be in different languages. The same basic rules and functions apply. This beloved class is being pulled out of schools all over the U.S. due to school budget cuts. Schools target band‚ chorus
Premium Education Music School
Washington had strong objections to sectionalism. He believed that if states acted only independently then the United States would be weaker as a whole. Each area of the country had specific advantages for keeping a close relationship with the other three areas. The biggest advantages had to do with resources‚ security and less tension within the union. Each area had specific resources to offer the other areas. For example‚ the North had manufactured goods and the South had agricultural goods. Working
Premium United States Political party Sovereign state
Can the Budget Airline Model Succeed in Asia? 1. What opportunities exist in the Asia-Pacific region for the entrance of new low-fare airlines? How might demand for low-fare service differ in the Asia-Pacific region and in North America and Europe? The Asia-Pacific region offers many opportunities for the entrance of new low-fare airlines. Analyst revealed that low fares are often the deciding factors for budget-conscious travelers in Southeast Asia. The Pacific Asia region represents a huge
Premium Low-cost carrier Southwest Airlines Airline