1. The existence of a limited liability company means the: I. company’s members are liable for only a limited amount of business debts II. company has a legal existence distinct from its owners III. company may raise large amounts of funds by issuing shares. | I only | | I and II only | | II and III only | | I‚ II and III | 2. The two main types of companies permitted to be registered under the Corporations Act are: | a private company‚ and a proprietary company
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True/False Questions for Unit 2 1. A requirement is something a database needs to do in order to fulfill its purpose. True 2. You only need to include the most important stakeholder in the database discussion. False 3. Forms are used for gathering input. True 4. A transaction database is optimized to track transaction time. True 5. Data mining uses business intelligence tools and techniques on a variety of data sources brought together in a data warehouse
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monetary matters‚ so I explored my options by taking some general education courses. By the end of my first year I realized that I had a great interest in accounting so I decided to pursue this subject from that point onward. My long-term goal is to pursue a career as a CPA in a public accounting firm. For this reason‚ I am seeking a professional accounting program that will further my professional objectives and fulfill my educational requirements. I sincerely believe that‚ my three years working experience
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increasing the cost of financing for SMEs ‚ the second is the pursuit of short-term goals ‚ due to its small size ‚ the proportion of loans invested much more than large enterprises ‚ the surface facing the risk is greater‚ as soon as they are always recover the investment‚ with little regard expand their scale ‚ three investment blindness ‚ investment direction is difficult to grasp . Lack of corporate Accounting and management talent ‚ management is weak‚ the poor quality of financial accounting ‚ financial
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Since I was very young I have always been interested in accounting and finance and how they operate. In China‚ my favourite TV programme is the finance programme and I enjoy international finance. I frequently worked in my mother’s company to help the staff in the accounts department. All of these have given me an understanding of accounting and finance My passion for the subject expanded when I chose accounting as part of my A-level programme. Although this subject is somewhat demanding‚ I find
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CHAPTER 1 INTRODUCTION TO COST ACCOUNTING QUESTIONS 1. Management accounting stresses the informational needs of internal users over those of external users (the focus of financial accounting). Because of this perspective‚ management accounting provides information in a format that is flexible and relevant to a particular manager‟s usage. Financial accounting‚ on the other hand‚ must provide some uniformity in the manner in which information is presented for it to be comparable among companies and
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arguments about various subjects like .sometimes people agree with such arguments and sometimes they do not. As a result one develops better reasoning skills. One also builds expertise in one’s chosen field of career by reading more and more books on their interest of study like a book on uranium helps a scientist to gain knowledge about the advantages disadvantages and uses of uranium. By reading more books one becomes better informed and more of an expert on the topics one reads about. This expertise
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Accounting and the Four Basic Accounting Statements Accounting is a body of principles and conventions as well as established general process for capturing financial information related to an entity’s resources and their use in meeting the entity’s goals (Kaliski‚ 2007). It is essential for companies to have educated and trained accountants to analyze and maintain their financial information. Accountants use four different types of financial statements to accomplish this. The purpose of accounting
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Statement 1 Father Adolfo Nicolas is a brilliant man who lives his life through Christ and bases his principles around spirituality. I wholly agree that social media and instant communication are tremendous obstacles to critical and deep thinking. I believe the media portrays many negative‚ violent‚ or sexual images much too often‚ and it is influencing our society negatively. It suggested that television lowers intelligence quotient because it depletes beneficial time that can be utilized for
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Article 107 states what a false statement is and what element(s) is considered to be false official statement. Elements considered to be a false official statement will be signing an official document or created but used for an intent for which the document will be used for. When documents used to deceive as their intent the member would have to create them while in the line of duty. while the paper is being created the government and any rank could fall victim into being deceived. Depending of the
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