The basic principles of an accounting information system include all of the following except | | | Student Answer: | | cost effectiveness. (Cost effectiveness is one of the basic principles of accounting information systems.) | | | | flexibility. (Flexibility is one of the basic principles of accounting information systems.) | | | | useful output. (Useful output is one of the basic principles of accounting information systems.) | | | | periodicity. (Correct! Periodicity
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Identify the problem. The WGN Company has a bonus arrangement that grants the financial vice president and other executives a $15‚000 bonus if the net income exceeds the previous year’s by $1‚000‚000. Nothing that the current financial statements report an increase of $950‚000 in the net income‚ Vice President Jack Brickhouse asks Louise Boudreau‚ the controller‚ to reduce the estimate of warranty expense by $60‚000. The present estimate of warranty expense is $500‚000 and is known by both Brickhouse
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COST ACCOUNTING P 15-35 Required: 1. Using selling prices‚ allocate the $1‚000 gateway-package revenue to the three divisions using: a. The stand-alone revenue-allocation method | Selling Price | Rev. Allocation | Precio por cuarto para dos personas 2 noches | $800 | $581.82 | Dos “rounds” de golf con precio de | 375 | 272.73 | Una cena para dos | 200 | 145.45 | | $1‚375 | $1‚000 | b. The incremental revenue-allocation method | Selling Price | Rev. Allocation
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A Quantitative Problem Statement The statement of the problem must first be expressed with the utmost precision; it should then be divided into more manageable subproblems. Such an approach clarifies the goals and directions of the entire research effort. (Leedy and Omrod‚ 2010) Formulation of Quantitative Research Questions and Hypotheses The process of forming and testing a hypothesis (i.e.‚ a theory) is as follows: 1. Determine an appropriate expected outcome based on theory and experience
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B.E./B.Tech DEGREE EXAMINATION‚ APRIL / MAY 2009 First Semester CS 16 – FUNDAMENTALS OF COMPUTING AND PROGRAMMING (Regulation 2008) Time: Three hours Maximum: 100 Marks Answer ALL questions
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organisational plan and all the related measures that an entity adopts to: * safeguard assets * encourage adherence to company policies * promote operational efficiency * ensure accurate and reliable accounting records. It is either an administrative control or an accounting control Characteristics of an effective internal control system include: * Competent‚ reliable‚ and ethical personnel * Assignment of responsibilities * Proper authorisation * Separation of duties
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Fundamentals of Musical Acoustics. New York: Dover Publications Ferrara‚ Lawrence (1991). Philosophy and the Analysis of Music. New York: Greenwood Press. Johnston‚ Ian (1989). Measured Tones. New York: IOP Publishing. Rowell‚ Lewis (1983). Thinking About Music. Amhurst: The University of Massachusetts Press. "Music is the harmonization of opposites‚ the unification of disparate things‚ and the conciliation of warring elements...Music is the basis of agreement among things in nature and of
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Question 1 Use the data below to answer Parts (a) through (c). Show all calculations in your solutions. On January 1‚ 20X2‚ Haika Inc. purchased 60% of the outstanding voting shares of Selina Co. for $3‚000‚000. On that date‚ Selina’s shareholders’ equity consisted of retained earnings of $2‚000‚000 and ordinary shares of $1‚000‚000. Selina’s identifiable assets and liabilities had fair values that were equal to their carrying values on January 1‚ 20X2‚ except for the following: | Fair value
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User Manual Critique Ken Brown ENG/221 TECHNICAL WRITING FUNDAMENTALS User Manual Critique The iJoy-175 Massage Chair is manufactured by Interactive Health and is a leader in innovative massage products that utilize the latest in technology and embrace the art of healing through massage therapy. I will evaluate the user manual provided by safemanuals.com based on the following criteria: audience‚ authority‚ accuracy‚ objective and coverage and provide a detailed
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The basic accounting concepts have defined the conception of the preparation of financial statements and the process of preparation in the UK is well regulated. But financial accounting requires a fair amount of flexibility in some certain areas‚ so the need of judgements and estimations for accounts preparers is demand. Meanwhile it leaves a significant approach in accounting treatments. For example‚ when organizations decide which of several inventory valuation methods to utilize; managers make
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