Classes of transactions in the Acquisition and Payment Cycle. The objective is to evaluate whether the accounts affected by acquisitions of goods and services and cash disbursement for those that are fairly presented in accordance with accounting standards. There are 3 classes of transactions included in the cycle: 1. Acquisitions of goods and services 2. Cash disbursements 3. Purchase returns and allowances and discounts There are 10 accounts involved in the acquisition and payment cycle (you can
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As part of our organizational initiative to reduce cost‚ I reviewed the financial accounts of the organization for the last 7 quarters. The single biggest offender of our budget has been corporate travel‚ accounting for more than 20% of the organizational expenses today. Therefore‚ I recommend implementation of restrictions to the travel policy as the best option to reduce organizational cost. Detailed analysis of the travel expenses for the last 7 quarters revealed the following key statistics
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children after age six have a greater risk to be obese as adults. The obesity health care costs around $150 billion per year‚ approximately fifty percent of these costs are taxpayer fund‚ through Medicaid and Medicare. Childhood obesity increases the risk for many diseases such as heart disease‚ diabetes‚ hypertension‚ cancer‚ asthma‚ obstructive sleep apnea and psychosocial effects (National conference of state legislatures‚ 2014)
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Project Charter Teller Transaction Date: Version: Authors: Balmeo‚ Joel P. Bayog‚ Rene C. Biliones‚ Jose G. Quirino‚ Jean Pierre G. Toledo‚ Larry Neil S. Document Control Change Record Date Author Version Change Reference Reviewers Sign Off Date Reviewer Position Sign Off Quirino‚ Jean Pierre G. Project Manager Bayog‚ Rene C. System Analyst Toledo‚ Larry Neil Business Analysis Biliones‚ Jose G. Lead Programmer
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What can we do to reduce our ecological footprint? There are many thing. For example‚ in our house‚ we compost all organic matter. We also recycle everything that our local community accepts at the recycling center. In addition‚ we often choose the items we buy based on the amount of packaging they have. The combination of these three things reduces our garbage output to only one 30-gallon bag every two weeks for a family of two. Not too bad. And the compost we make goes into our organic garden plot
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professors‚ do have its positive side— both for the conveniences of international transfer transaction and for the healthy development of economics. Since the Bitcoin is a peer-to-peer payment system based on virtual transactions‚ the transfer fee was little (even none). Compared to Bitcoins’ little transfer fee‚ the transfer fee of banks and transfer institutions is much higher. From the up to date report of the profit of western union‚ an international transfer institution‚ we can exactly see how big the
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receivables a company will not have bad debts‚ thus no need to estimate any bad debt expense. Business to business transactions are mostly done with a promise to pay for goods and services provided at a later date. When a company sells its products or provides its services to other businesses or even individuals‚ it expects payment for the products or services. In most cases‚ these payments are not done immediately. The company then expects payment at some future date. This promise to pay becomes
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INQUIRY: The Journal of Health Care Organization‚ Provision‚ and Financing http://inq.sagepub.com/ Do Workplace Wellness Programs Reduce Medical Costs? Evidence from a Fortune 500 Company Hangsheng Liu‚ Soeren Mattke‚ Katherine M. Harris‚ Sarah Weinberger‚ Seth Serxner‚ John P. Caloyeras and Ellen Exum INQUIRY 2013 50: 150 DOI: 10.1177/0046958013513677 The online version of this article can be found at: http://inq.sagepub.com/content/50/2/150 Published by: http://www.sagepublications
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AIR POLLUTION AND HOW TO REDUCE IT Today the world has become highly industrialized and modernized‚ which makes human life much easier and more comfortable. In spite of the advantages‚ the development of industry does have a lot of disadvantages‚ especially air pollution. All over the world‚ air pollution is increasing at an alarming pace and at the same time‚ it has a serious effect on the earth and human health‚ so more and more people are concerned about it. As a result‚ measures are
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Prepare a schedule. List the following assets‚ liabilities and equity as column headings: Cash at Bank; Supplies; Equipment; Loan Payable; Accounts Payable; J. Drain‚ Capital. B. Show the effects of each of the transactions on the accounts listed. Indicate totals after each transaction and complete the schedule. C. Prepare an income statement and a statement of changes in equity for the month ended 31 August 2013‚ and a balance sheet as at 31 August 2013. Exercise 2.12 – Preparation of
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