ABFA 1013 INTRODUCTION TO ACCOUNTING DIPLOMA IN BUSINESS (ACCOUNTING) YEAR 1 – SEMESTER 1 (2014/2015) COURSEWORK 1 YONG KIT YEE 14WBD00875 KONG LIT PEI 14WBD01265 NAH SEE PENG 14WBD01318 TEE BEE SWAN 14WBD06042 DAY : TIME : DATE OF SUBMISSION : Table of Content Plagiarism Statement Declaration Form………………………………………………… Safe Assign Report……………………………………………………………………… Marking Scheme………………………………………………………………………… 1. Summary……………………………………………………………………………
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use? Users rely on financial statements to gauge the strength and outlook of companies. Others understand that. One would want that company to make money for them when they invest. If companies didn’t make money for you there would be no reason to buy stocks and no reason the price of a stock would ever go up. If one does not look at the financial statements‚ they would not know if they were choosing a good company to invest in. Others understand that financial statements often cause more
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Advanced Accounting Mock Exam 2011-2012 Use these questions to prepare for your exam coming soon. This is not guarantee that the exam will be similar except the fact that the exam will also have multiple choice questions. Question 1: An analyst evaluating financial statements for various firms is most likely to conclude that: a) U.S. GAAP ensures uniformity in accounting practices among different firms. b) Firms account for their debt obligations in the liabilities section of the income statement
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is provided for general guidance only and on the understanding that it does not represent‚ and is not intended to be‚ advice. Whilst care has been taken in its preparation‚ it should not be used as a substitute for consultation with professional accounting‚ tax‚ legal or other advisors. Before making any decision or taking any action‚ you should consult with an appropriate specialist or professional. No warranty is given to the correctness of the information contained in this document‚ or its suitability
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The Trial of Napoleon Bonaparte: Hero or Tyrant? Prosecution- opening statement: o “I will prove that Napoleon is guilty of crimes against the people of France‚ Russia‚ and Austria.” –Nathan Kravitz o “Napoleon is a well known man but also a well known dictator. He took France out of a constitutional monarchy and called himself emperor.” –Courtney Barnes o “I can prove that he is bad based on testimonies of the French and the British” –Armando Delgado o “From what I have seen and heard thus
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[pic] Trial by Fire Did Texas execute an innocent man? by David Grann September 7‚ 2009 [pic] Cameron Todd Willingham in his cell on death row‚ in 1994. He insisted upon his innocence in the deaths of his children and refused an offer to plead guilty in return for a life sentence. Photograph by Ken Light. Related Links Audio: Grann on the Texas execution that may change the death penalty debate. Video: David Grann discusses the flaws of the Cameron Todd Willingham
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The North Face‚ Inc.‚ is a manufacturer and distributor of high-grade equipment and apparel used in mountaineering‚ skiing‚ and backpacking. While the reputation of North Face was built on outfitting expeditions‚ the company’s growth in the 1990s came through the introduction of high-tech apparel in upscale retail stores. With Summit Shops‚ North Face established its use of a "store within a store" concept. In 2006‚ there were approximately 100 Summit Shops located within retail shops in the U.S
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Goodwill for Impairment CLAUDIA Inc. has an internally generated goodwill and did not amortize or tested for impairment. They cannot amortize because measuring the components are complex and associating the costs incurred with future benefits are too difficult. Goodwill cannot generate cash flows independently and is made as a combination with other assets making up a business; it needs to be assigned to a reporting unit or cash-generating unit in order to test for impairment. Under ASPE‚ the impairment
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assumption. 2. Sales revenue should be recognised when goods and services have been supplied; costs are incurred when goods and services have been received. Which accounting concept governs the above? a. The prudence concept b. The materiality concept c. The accruals concept * d. The dual accept concept 3. Which accounting concept requires that foreseen losses should be anticipated and taken into account immediately? a. The consistency concept b. The accruals concept c. The prudence
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CLU3M1-01 CULMINATING ACTIVITY: MOCK TRIAL On Behalf of the Defence: Anver Williams v. Donovan Tisi By: Shaneka Lewis Opening Statement: Greeting courtroom members‚ I am Shaneka Lewis apart of the Defence Attorney and I will be representing my client Donovan Tisi pleading not guilty upon the robbery and bodily harm charges. On December 5th 2013 at 5:30 PM‚ Anver Williams had claimed to be walking home from his basketball practice where he perhaps had been wearing his brand new basketball
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