“Auerbach Enterprises uses machine hours as the cost driver to assign overhead costs to the air conditioners. The company has used a company-wide predetermined overhead rate in past years‚ but the new controller‚ Bennie Leon‚ is considering the use of departmental overhead rates beginning with the next year. “(Schneider‚ 2012). One product is affected more than the other by use of departmental rates rather than companywide rate. “Companies can choose to use the accounting job order costing method
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Subject Code – MF0013 Subject Name – Internal Audit and Control -4 Credits (Book ID: B1211) Assignment Set- 1 (60 Marks) Q.1 Critically evaluate the qualities of an Auditor in the wake of recent scams Ans:- What should be the qualities of Internal Audit Personnel? There is no universal answer to this question. We can only generalize about the qualities of internal Audit Personnel. It has been observed that internal auditors and independent auditors often belong to the same professional
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The implications in which a company needs to gain control of food and crops is money and connections such as experts in advertising to gain people to give them the right to do so.A company is a commercial Company and in order for a commercial to even get close to gaining such power they need money. If a company wants to become successful than they need to invest some money into the company. A great example of this is the international company Monsanto’s. Monsanto’s is a patent company. According
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will be the benefits and disadvantages of outsourcing the assembly function? Answer: - Benefits for Metrovox: - Grunwald and Vogel has to commit to delivering the assembled circuit boards to meet their delivery schedule and they must maintain high standards what Metrovox applies to their market position and competitive advantages Disadvantage for Metrovox: - Metrovox has to ship both products in same shipment so they have to wait till Grunwald and Vogel’s shipment and then mix both products Bugabyte
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The Implications Of Divorce On Children Under The Age of 18 Karen Ann Johnson Liberty University Abstract Divorce on children who are under the age of 18 can cause devasting results. Some children feel as though they are caught in between the love they have for both of their parents. As children are growing up‚ they experience many different emotions but when it comes to the experiences of divorce‚ a child feels as though it
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This archive file comprises HCS 446 Week 3 Facility Planning - Part II General Questions - General General Questions Resource: Facility Planning – Part II located on the student Website Write a 1‚050- to 1‚450-word paper that includes the following elements: Regulatory requirements and their effect on the design and equipment Color selection implications and noise issues List of the type of equipment needed Electronic items needed Examination of budget planning
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Discuss the role of Defence Mechanisms in Freud’s model of the mind. One of the pioneering Freudian assumption which is ‘psychic determinism’ sates that there is always explanation for particular behaviour and the motive of this behaviour can be found in the mind. In continue to this statement Sigmund Freud in his further work‚ evaluated almost entire variety of human behaviour and the role of the mind as its central coordinator. Following this he proposed a novel framework of the mind with its
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THE ROLE OF AUDITORS IN THE CONTEXT OF CORPORATE GOVERNANCE Asst. Prof. Loganathan Krishnan Abstract Auditors examine company’s accounts and report to the company on the accounts. Fundamentally‚ the concern is how auditors carry out these duties effectively. Legislations namely Companies Act 1965‚ Securities Industry Act 1983 which has been consolidated as Capital Market and Services Act 2007 have made major inroads to ensure that auditors carry out their duties and obligations effectively. Additionally
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Case Study 2 – Internal Control TO: LJB Company President FROM: Andrea Johnson DATE: February 8‚ 2013 SUBJECT: Internal Control It is with great pleasure that we can provide you information and advisement on internal controls that will assist LJB Company with going public. We understand that you have communicated your concerns and expect that this report will assist you with deriving conclusions. This report will: 1. Inform you of any new internal control requirements in reference to
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Cooperation and Implication Harditya Perdana 2008410082 A great part of our communicative behavior takes place between the explicitly expressed words: It happens implicitly. What we mean is hardly ever exhausted by what we explicitly say. Normally we don’t have any difficulties in grasping what the speaker is trying to communicate implicitly. How can we explain this fact? Paul Grice gave the following answer: We grasp the implicit meaning by assuming cooperation on the part of the speaker (especially
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