In the latest subprime mortgage crisis‚ the accounting profession should take some responsibility as it appears basic principles of accounting were ignored when issuing subprime mortgage loans. A couple of these overlooked principles include unbiased opinions of auditors as well as fair value accounting. As noted by VanDenburgh and Harmelink (2008)‚ “It is disappointing to discover that basic bad debt accounting practices were likely not adeptly practiced or audited in the subprime lending sector
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Choose any joint/musculoskeletal injury (there are numerous ones so no duplication is allowed!!)‚ describe the joint injury‚ and then describe ONE (and only one) particular assessment test that would help with diagnosis of that injury and the rationale behind it. The fractured clavicle in the newborn is “the most frequently fractured bone during birth” (Jarvis‚ 2012). At times‚ these fractures can be difficult to diagnose because it is often asymptomatic. One assessment test used is palpation over
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general nature of the content of the letter and seemingly second-hand knowledge of the audience. In verses 3:2 and 4:21‚ the author uses language that may suggest that the audience is unfamiliar with Paul and his message. Ephesians is also very systematic and theological. The closing greetings have no mention of any individuals in Ephesus‚ which is strange since Paul spent three years there. (2) The letter is also strikingly similar to Colossians.
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point of delivery‚ such as if the product with sell and actual selling price (Spiceland‚ et al‚ 2011) 2.) Explain in what situations it would be useful to recognize revenue as the productive activity takes place. It would be useful to recognize revenue as the productive activity takes place in the construction of a building. 3.) At what times‚ other than those included in (1) and (2) above‚ may it be appropriate to recognize revenue? After Delivery and Prior to delivery References: Spiceland
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1. | Question : | (TCO D) Which of the following factors would increase the likelihood that a company would call its outstanding bonds at this time? (a) The yield to maturity on the company’s outstanding bonds increases due to a weakening of the firm’s financial situation. (b) A provision in the bond indenture lowers the call price on specific dates‚ and yesterday was one of those dates. (c) The flotation costs associated with issuing new bonds rise. (d) The firm’s CFO believes that interest
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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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the importance of throughput time‚ manufacturing cycle efficiency‚ and delivery cycle time were stressed‚ but no one at the company is sure how they are computed. The data to compute these measures have been gathered and appear below: Month 1 2 3 4 Wait time per order before start of production‚ in days 16.7 15.2 12.3 9.6 Inspection time per unit‚ in days 0.1 0.3 0.6 0.8 Process time per unit‚ in days 0.6 0.6 0.6 0.6 Queue time per unit
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Quantity Variance = 10‚500 plates – [2 plates x (1‚800 + 2‚400)] = 2x4200 x $2.50/plate = (10‚500 plates - 8‚400 plates) x $2.50/plate = 2‚100 plates x $2.50/plate Materials Quantity Variance = $5‚250 For labor cost in the lab: Compute a labor rate variance and a labor efficiency variance: Labor Rate Variance = actual hours worked x difference between actual cost per hour and standard cost per hour = 1‚150 hrs x ($14 - $12) = 1‚150 hrs x $2/hr Labor Rate Variance = $2‚300
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Haley Romeros had just been appointed vice president of the Rocky Mountain Region of the Bank Services Corporation (BSC). The company provides check processing services for small banks. The banks send checks presented for deposit or payment to BSC‚ which records the data on each check in a computerized database. BSC then sends the data electronically to the nearest Federal Reserve Bank check-clearing center where the appropriate transfers of funds are made between banks. The Rocky Mountain Region
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ACC 492 Week 4 Discussion Questions Study Guide www.paperscholar.com DIRECT LINK TO THIS STUDY GUIDE: http://www.paperscholar.com/acc-492-week-4-discussion-questions-study-guide/ Instantly Download! Get Better Grades in Less Time! 100% Satisfaction Guarantee DESCRIPTION FOR THIS STUDY GUIDE: Dq1 What are the steps that are required for an auditor to finalize the audit? Which steps are the most crucial to the outcome of the audit? How will these steps affect the final audit decision? What
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