Central Bank acts as a lender of last resort‚ it is making sure that banks have the money they need to continue to operate. e. The discount rate allows the Central Bank to lend money to financial institutions which are running short of funds. f. The interest rates are the instrument of fiscal
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There is no impairment of goodwill. It is group policy to value non-controlling interest at full fair value. At the acquisition date the non-controlling interest was valued at $9‚000. Prepare the consolidated statement of financial position of Ping @ 30.6.X8. Statement of Financial Position @ 30.6.X8: Ping Co $ Pong Co $ ASSETS Non-current assets Property‚ plant & equipment 20‚000 ordinary shares in Pong at cost Current assets Inventory Owed by Ping Co Receivables Cash 50‚000
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Question 1 Multiple Choice 1 points A hominid is an ape-like primate that walks on two legs a non-human animal an example of a "paradigm" none of these A Question 2 Multiple Choice 1 points Biocultural anthropologists study hominid evolution the relationship of the skeleton with its surrounding tissue human variation the interplay of biological and cultural factors D Question 3 Multiple Choice 1 points
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The differences between managerial accounting and financial accounting can be distinguished through 5 aspects: a) Primary Users of Reports In managerial accounting‚ the information will be use within the organization‚ by the employees and managers‚ where else in financial accounting‚ the information in the reports will be used by external parties such as banks‚ creditors and shareholders. b) Types and frequency of the reports. In managerial accounting‚ the information is reported continuously
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operate using a ________ strategy. Answer | | Cost leadership with a low cost | | | Differentiation with a low cost | | | Cost leadership with a high cost | | | All of the above | 1 points Question 6 1. Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing reports for each salesperson‚ product‚ and part as well as departmental-wide sales reports by salesperson‚ product‚ and part. Ben’s duties provide value-added to his company and
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ACC 300 Final Exam Copy this link to your browser to download: http://www.finalexamguide.com/ACC-300-Final-Exam-1-200.htm 1. Which of the following is not an asset: 2. Amy Co. acquired $500 worth of supplies on credit. Which of the following journal entries would be recorded? 3. Baker Company earned $10‚000 revenue for services provided. Which of the following is correct? 4. Candy Company collected $5‚000 from a customer on account. What journal entry will Candy Company record
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discuss principles of and similarities and differences between financial and management accounting and to highlight how management accounting could be used to improve TVD’s performance. In particular‚ one of the management accounting techniques‚ benchmarking‚ is used as an example of how MA can help a business to run successfully. Today‚ accounting is an important aspect of business. The primary idea is to present financial and non-financial information so that the company can make good decisions and
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ACC 460 Final Exam Copy this link to your browser and download http://www.finalexamguide.com/ACC-460-Final-Exam-198.htm 1) Determining whether amounts are in conformity with generally accepted accounting principles addresses the proper measurement of assets‚ liabilities‚ revenues‚ and expenses‚ which includes all of the following EXCEPT the A. consistency in applying accounting principles. B. reasonableness of management’s accounting estimates. C. proper application of valuation principles
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Authentication of e-Exams In the past fifteen years the use of Internet technologies has been substantially growing for delivery of educational content. E-learning environments have been incorporated in many universities for the delivery of e-learning courses. However‚ opponents of e-learning claim that a central disadvantage of such teaching medium is the growing unethical conduct in such environments. In particular‚ opponents of e-learning argue that the inability to authenticate exam takers is
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Managerial Accounting What Does Managerial Accounting Mean? - The process of identifying‚ measuring‚ analyzing‚ interpreting‚ and communicating information for the pursuit of an organization’s goals. This is also known as "cost accounting." - Managerial accounting is used primarily by those within a company or organization. Reports can be generated for any period of time such as daily‚ weekly or monthly. Reports are considered to be "future looking" and have forecasting value to those within
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