Kyle Jarman Group B Topic 4: Adjusting Entries What are the 4 different Adjusting Entries?: Adjusting entries are classified as either deferrals or accruals. Each class has two subcategories: Prepaid Expenses‚ Unearned Revenues‚ Accrued Revenues and Accrued Expenses. What accounting assumptions necessitate the use of adjusting entries?: Some events are not recorded daily because it is not efficient to do so. Some costs are not recorded during the accounting period because they expire
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Look at Merton’s Modes of Adaptation. Give at least one example of how someone‚ perhaps someone in the criminal justice system‚ uses each mode. Robert K. Merton’s "Social Structure and Anomie" (1938). People adapt in many different ways. Just as part of a river that suddenly finds it‚ self blocked by an obstacle and may split and find a new way to the ocean. Merton outlines five ways in which people adapt to society’s goals and means and they are as follows: 1) Conformity - Adherence to the practices
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Barriers to entry are economic‚ procedural‚ regulatory‚ or technological factors that obstruct or restrict entry of new firms into an industry or market. Barriers to exit are perceived or real impediments that keep a firm from quitting uncompetitive markets or from discontinuing a low-profit product. 2. Types of barriers: Innocent barriers are those that are part and parcel of the nature of the industry and have not been specially erected by the incumbents to hinder the entry of other firms
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Mean‚ median‚ and mode are differing values that furnish information regarding a set of observations. The mean is used when one desires to determine the average value for data ranked in intervals. The median is used to learn the middle of graded information‚ and the mode is used to summarize non-numeric data. The mean is equal to the amount of all the data in a set divided by the number of values in that set. It is typically used with continuous figures. The result will probably not be one of the
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Education in the United States comprises three basic levels: elementary‚ secondary‚ and higher education. Vocational training‚ special education and adult education programs are also provided. About half of all U.S. children from age 3 through age 5 attend some kind of pre elementary school. The schools are of two main types: nursery schools and kindergartens. Kindergartens offer more advanced activities than do most nursery schools. Children attend elementary school from about age 6 to about
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U.S. History ushistory.org Homepage American History From Pre-Columbian to the New Millennium The word history comes from the Greek word historía which means "to learn or know by inquiry." In the pieces that follow‚ we encourage you to probe‚ dispute‚ dig deeper — inquire. History is not static. It ’s fluid. It changes and grows and becomes richer and more complex when any individual interacts with it. Knowledge of history is empowering. An event is but the furthest ripple of an ever-expanding
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96 CONSUMING PASSIONS It was ironic that the yuppies came to be so reviled for their vaunting ambition and outsized expectations‚ as if they’d invented the habit of more‚ when in fact they’d only inherited it the way a fetus picks up an addiction in the womb. The craving was there in the national bloodstream‚ a remnant of the frontier‚ and the baby boomers‚ described in childhood as “the luckiest generation‚”13 found themselves‚ as young adults‚ in the melancholy position of wrestling with
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The soaring cold vibes between Russia the Western bloc has exacerbated to the verge of rebirth of another cold war between the duos. The Russia always seem to consolidate its control over the states of the Eastern Bloc while the United States strategies global containment to challenge Soviet power‚ extending military and financial aid to the countries of Western Europe and creating a NATO alliance. And this time‚ the obsession for accumulating the power is palpably dragging Ukraine into the picture
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USA Today Summary USA Today is the largest newspaper currently in the U.S. The paper is known for its color and simple layout. The paper’s creator Gannett Co. was looking to reach a new untapped market of readers‚ the young professionals and travelers. He sent out 3 different versions with surveys asking what readers liked‚ didn’t like‚ suggestions‚ and asked would they buy it. After very positive responses from test subjects‚ the paper was published. Gannett’s ideas were very controversial
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Introduction Tesco Stores (Malaysia) Sdn. Bhd. was established on 29 November 2001 as a result of a strategic alliance between Tesco Plc UK and local conglomerate‚ Sime Darby Berhad. In February 2002‚ Tesco Malaysia officially commenced operations with the opening of its maiden hypermarket in Puchong‚ Selangor. Tesco Malaysia has an employee size of approximately 15‚000 and it currently operates 46 outlets in 2 formats following the acquisition of Makro Cash and Carry in December 2006. The Tesco businesses
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