1) Liabilities Stockholders’ Equity Assets $23‚500 $56‚500 $80‚000 2) RE‚ Beg. Sales Expenses Dividends Net Loss $65‚000 $29‚500 $33‚000 $3‚500 ($3‚500) 3) Salaries Expense‚ Beg. Increase Decrease Increase Increase Salaries Expense‚ Ending $0 $450 $175 $600 $350 $1‚225 4) Purchases Credit Cash Debit Cash Credit Accounts Payable $375 $375 375 375 5) Allied‚ Inc. Insurance Policy $3‚600 Debit Insurance Expense Credit Prepaid Insurance 1‚800 1‚800 6) Supplies‚ Beginning Supplies Purchased
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LA 245-Robert Barry 9/2/14 Chapter 1- Introduction to Law Role of Law in Society Power Strong reach of the law touches nearly everything we do Everyone will influence and be affected by the law Importance Every society with a historical record has had some system of laws Many societies contributed ideas Solved the problem of federalism Fascination Television- Offers at least one new courtroom drama to a national audience Origins of our Law English roots
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although sizeable –accounting fraud. Not even the best auditors could prepare for what was to come from this company. The Parmalat group‚ a world leader in the dairy food business‚ collapsed and entered bankruptcy protection in December 2003 after acknowledging massive holes in its financial statements. This happened when billions of euros seem to have gone missing from the company’s accounts. This dramatic collapse has led to the questioning of the soundness of accounting and financial reporting
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ACCT 2010: Fall 2012 Sections L08‚ L09‚ and L15 GROUP PROJECT Please form groups of four to five students. Each group should analyze three cases provided below and write a short report. The objectives of the project are to help you develop the ability to 1) evaluate situations that have ethical implications‚ 2) identify the stakeholders and their interests‚ 3) describe ethical dilemmas and propose solutions‚ and 4) explain the importance of social responsibility. Each group should submit a written
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20‚000 Total disbursements 196‚150 170‚350 Excess (deficiency of available cash over disbursements) 24‚500 41‚800 Financing Borrowings Repayments Ending cash balance $24‚500 41‚800 Please answer the 3 qualitative questions on the next tab called Qualitative Questions. What are the three sections of a Cash Budget‚ and what is included in each section? The three sections of a Cash Budget are cash receipts‚ cash disbursements and financing
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1. An advantage of the corporate form of business is that: A. It has limited life. B. Its owner’s personal resources are at stake. C. Its ownership is easily transferable via the sale of shares of stock. D. It is simple to establish. E. It has double taxation. 2. External users want answers to all of the following questions except: A. Is the company earning satisfactory income? B. Will the company be able to pay its debts as they come due
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1. A saturated fat has one or more double bonds between the carbons in its fatty acid tail: A) True B) False Points Earned: 2.0/2.0 Correct Answer(s): False 2. This organelle keeps DNA from getting tangled in cytoplasmic machinery and isolates it from damaging reactions A) endoplasmic reticulum B) nucleus C) nucleolus D) golgi body Points Earned: 2.0/2.0 Correct Answer(s): B 3. A buffer protects cells against: A) changes in pH B) excessive weight gain C) salt D) heat
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Exam Review: TERMS Culture: The system of meanings about the nature of experience that are shared by a people and passed on from one generation to another‚ including the meanings that people give to things‚ events‚ activities‚ and people. Ethnocentrism: The tendency to judge the beliefs and behaviours of others from the perspective of one’s own culture. Ethnocentric Fallacy: The mistaken notion that the beliefs and behaviours of other cultures can be judged from the perspective of one’s own culture
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IHRM Review Questions – Interim Exam 1. Introduction to the Logic of the Course 1. What is human resource management (HRM) the policies and practices involved in carrying out the “people” or human resource aspects of a management position‚ including recruiting‚ screening‚ training‚ rewarding‚ and appraising. 2. What is the purpose of HRM? 3. Identify and define HRM activities (practices) a. Strategic Human resource management b. Job analysis - The procedure for determining the duties
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Revenue Management Final Exam‚ 2010-11‚ Block C Dr. Lily Lin‚ MBA‚ Mr. P. Griep‚ Dr. M. Lewison‚ & Dhr. F. de Vries Student Name: __________________________________ Student ID: __________________ Below is a hotel case. You are required to answer all of the questions based on your theoretical knowledge and application skils: * Terminologies/abbreviations in the case are a part of the exam. No additional explanation will be given.. * All necessary information is included
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