References: • Dahmash‚ N. (1995). Financial Statements and Accounting Standards Generally Accepted.. Amman-Jordan. • Kieso‚ D. E.‚ Waygandt‚ J. J.‚ & Warfield‚ T. D. (2005). Intermediate Accounting. (11 edition). Wiley Publisher. • ACCPA‚ (2006) Journal of Accountancy‚ (Monthly Journal) September 2006‚ p. 17. • Cheney‚ G. (2006). FASB‚ IASB request views on new reporting concepts. Accounting Today‚ Aug. 21-Sept. 3. • Singleton-Green‚ B. (2006). The gathering
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Why Students Cheat? By: Quennie P. Sigue In religion‚ the Church believed that cheating is one of the seven capital sins‚ for it is an immoral way of achieving success. It is often done by students‚ who think that studying is an easy stage of life‚ that it‘s merely attending classes without any hard work and sacrifice. Yet‚ cheaters have always reasons why they prefer to do this which can also affect their own selves. Nowadays‚ there are students who usually do cheating during examinations and
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Accounting Study Guide for Test # 2 Topic 5: Financial Statement Analysis 5-1 (Q5-1) Explain in general terms the concept of return on investment. Why is this concept important in the analysis of financial performance? Return on investment measures profitability in relation to the amount of investment that has been made in the business. A company can always increase dollar profit by increasing the amount of investment (assuming it is a profitable investment). So‚ dollar profits are not necessarily
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Do cheat days work? Can you have chocolate or cookies‚ and still lose weight? According to researchers‚ cheat days actually boost your metabolism and speed up fat loss. On top of that‚ they keep you motivated and increase your chances of success. There are many different ways to incorporate cheat meals into your diet‚ so make sure you know your options. Why Cheat? A cheat meal or a cheat day can make dieting easier and keep you sane. Most athletes use this strategy to stay motivated. The science
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Accounting 1B - Post Exam 2 Project 1. Jensen Company purchased a new machine on September 1‚ 2012‚ at a cost of $128‚000. The company estimated that the machine has a salvage value of $8‚000. The machine is expected to be used for 80‚000 working hours during its 8-year life. Instructions: Compute depreciation using the following methods in the year indicated. (a) Straight-line for 2012 and 2013‚ assuming a December 31 year-end. (b) Declining-balance using double the straight-line rate for
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Accounting Standards Boards University of Phoenix Accounting Theory and Research ACC541 The history of the Financial Accounting Standards Board and the International Accounting Standards Board The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) are currently working together on a short-term international convergence project to remove a variety of individual differences between United States Generally Accepted Accounting Principles ( U.S. GAAP)
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corporation’s independent auditor is Price Waterhouse Coopers LLP. They are located in Dallas‚ Texas.(37) B. The auditor believes that the financial statements were presented fairly as a result of them issuing a report on the effectives of their internal control over financial reporting as of January 29‚ 2011.(F2) 3. It provides complete balance sheets for two years‚ cash flow statements for 3 years‚ and 3 years of income statements. 4. Income statement(23) A. Its revenues over the
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There are many popular ways for students to cheat in exams. Some students take their notes into the examination rooms. Some students ask their friends the answers by whispering while taking the exams. And some students just try to copy the answers of students who sit in front of them without caring how similar the answers are. It is interesting to focus on the question that why some students still keep cheating in exams even though they know that the punishments of university are getting so tougher
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Problem sET A Problem 4-1A (40 minutes) Aug. 1 Merchandise Inventory 6‚000 Accounts Payable—Abilene 6‚000 Purchased goods on credit. 4 Accounts Payable—Abilene 100 Cash 100 Paid freight for Abilene. 5 Accounts Receivable—Lux 4‚200 Sales 4‚200 Sold goods on credit. 5 Cost of Goods Sold 3‚000 Merchandise Inventory 3‚000 To record the cost of August 5 sale. 8 Merchandise Inventory 5‚540
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Topic: Why students cheat? It is generally believed that the problem of cheating in exam is not a new challenge to schools’ authorities in Vietnam. But academic dishonesty was not concerned as a striking issue for the government until Doi Ngo Scandal happened in May 2012. The biggest question is: why do students cheat? You can have a list of answers for that question‚ but in my opinion‚ the main ones can be listed as following. Lack of skill‚ knowledge and ability to pass the exam is the first
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