method because the older milk will be sold first. International Accounting Standards No. 2 (IASCF) does not permit the use of LIFO for foreign affairs. Therefore‚ companies must use FIFO to report any inventory outside of the US effective as of January 1‚ 2009. On the hand‚ we have LIFO which is last in‚ first out. There has been a gradual increase of LIFO method by companies from 1973-2008. This method assumes that shirts bought in May 2012 will be sold before the shirts made in January 2012. Generally
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1. What are the current challenges facing United Way? What are key issues in the general and non-profit charitable giving industry environments that affect United Way’s operations? The current challenges facing United Way were raising money to pay for general operational cost‚ recruiting and keeping fundraisers‚ and when celebrities donate large amount discourage others that may not be able to afford to give that much charity. Another challenge United Way was facing was that people who donated
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Discussion Problem 1: An Australian construction company‚ A Co‚ wishes to tender for a major building project in a developing country (D Co) that is run by a military dictatorship favorably disposed towards international business. The tender is organized by the Ministry of Planning. A Co needs to undertake an expensive feasibility study to be in a position to tender. It enters into negotiations with Ministry officials both in Australia and in D Co to gain assistance in conducting the study
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Master Budget The master budget is a comprehensive summary of a business’ long and short-term goals. “It is a set of interrelated budgets that constitutes a plan of action for a specified time period” (Weygandt‚ Kimmel‚ & Kieso‚ 2008‚ p.4). It brings together long-range plans and short-term budgets. It provides calculated targets for sub-activities such as target sales‚ distribution‚ production‚ and finance. In addition it helps calculate any other item of financial interest to the business owner
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Question 2: Select one example of a literary work or work of visual art from the 1800s—either Romantic or Realist in style—that responds in some way to the Industrial Revolution. Identify the work and the artist or writer‚ and explain how it responds to the Industrial Revolution. Then describe one example of how either black slaves or white abolitionists used literature or the visual arts as a form of protest against slavery. Art is Reacting to Industrial Revolution Chapter 28 (pp. 920-948)
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restorative justice For many years‚ the goal for sentencing was restoration. Today’s notion of restorative justice has several concepts that identify needs. Three of the concepts are as follow (1) the need to compensate victims‚ (2) the need to place appropriate responsibility on the criminal offender‚ and (3) the need to attempt reintegration of the offender with the community. (Criminal Law Today: Frank Schmalleger‚ Ph.D.). The U.S Department of Justice did a report on restorative justice explaining
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How do the Responsibilities differ between health records administrators and health records technicians‚ including the need for training and job duties. The general duties for handling patient records differ between a record administrator and a records technician . A technician has to have knowledge about medical records and implement the skills that go into filling out all the documents in the files. An administrator hires and teaches medical record technicians how properly to complete medical
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The Constitution is made to be a flexible document that changes as the culture changes. But‚ making permanent changes to the Constitution‚ in the form of Amendments‚ has only happened 27 times. What is it about the Amendment process that makes permanent changes to the Constitution so difficult? Is there any one issue that you feel should be added to the Constitution? Or‚ is there any issue you feel should be removed because it is no longer relevant? Explain your answer. You may want to look in
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3. What does this tip from Fast Company mean: “The job of the CIO is to provide organisational and strategic flexibility”? Ans: Office of the CIO in support of the campus wide IT process:• Communications• Financial Planning• Project Management• Security‚ Privacy and Policy s. Assistance Strategic Technology AcquisitionSome of these services correspond to departments in the Office of the CIO‚ but they are presented here as services to the campus IT community instead of as organizational unit. Since
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Week 3 Discussion 1 Self- esteem and self-efficacy are two phases often time mistaking with each other‚ different but closely related. As defined by Webster Dictionary‚ self efficacy is defined as how confident a person is in his or her own abilities‚ either in general or directed toward a specific task or activity. Self-esteem is more a person ’s idea of his or her own self-worth‚ which can be related or unrelated to his or her abilities. The key word that separates the two is idea. In self
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