Meth is very powerful drug even when taken in small doses‚ it can cause severe problems to your body and can be very harmful. This is a highly addictive drug that can kill you or cause severe damage to your body‚ whether you inject it‚ smoke it‚ snort it‚ or if you eat it‚ you still get the same effects no matter the way you abuse the drug. The short term effects of using meth even in small doses‚ can increase wakefulness‚ physical activity‚ and decrease appetite. Methamphetamine can
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Historical cost basis. Book value method. x Income statement approach. 4. (TCO G) The conclusions presented in FASB No. 157 support which FASB Conceptual Framework? (Points : 2) FASB Conceptual Framework No. 2 FASB Conceptual Framework No. 6 FASB Conceptual Framework No. 7 x All of the above None of the above 5. (TCO G) The major business valuation organization that has developed rigorous business
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The IASB/FASB joint review conceptual framework states that there are two fundamental characteristics which are relevance and faithful representation and in addition there are four enhancing characteristics which are timeliness‚ verifiable‚ comparable and understandability which enhance the decision usefulness of financial information. For information content to be relevant it must have the ability to influence the economic decisions of users and help users to evaluate or assess past‚ present or
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Whole Grains What are whole grains? Whole grains are foods naturally coming from the entire grain seed. All grains start as whole grains‚ whether it stays that way depends on us. When they are growing in the fields the whole grain is the whole seed of the plant called the kernel. Whole grains are made up of three important parts; the bran‚ the germ and the endosperm. Before a food qualifies as whole grain it must have 100% of the kernel‚ which means all of the bran‚ germ‚ and endosperm must be
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WHOLE FOODS CASE QUESTIONS 1. What are the chief elements of the strategy that Whole Foods Market is pursuing? Whole Foods Market is pursuing the elements in their strategy of fresh‚ natural and organic foods and products with no preservatives or artificial ingredients. Promote a healthier lifestyle and increasing consumer knowledge of food safety and environment. They also educate consumers on how pesticides affect the land as well as the human body. 2. Is Whole Foods’
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Comparing IFRS to GAAP ACC/ 291 11/3/2014 Lori Haines Comparing IFRS to GAAP GAAP Revenue Recognition GAAP rules for recognition are detailed regarding specific industries‚ such as real estate and software. It uses the "complete contract method" and has special rules for rendering software services. Organizations can recognize revenue from the sale of goods made delivery from a definitive agreement for a fixed fee that they are reasonably sure they will collect. Under GAAP‚ companies must wait until
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Although the IASB and FASB have been striving since 2002 to achieve convergence‚ there are still many differences between the two. These differences range from revenue recognition to the matter in which the organizations receive funding. Under the IASB‚ the accrual method is the only preferred way of recognizing revenue and expenses. While FASB accepts cash basis and accrual basis; cash basis is only accepted if cash sales are less than $5 million per year. When it comes to generating funds the IASB
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IFRS vs. GAAP W2 Accounting 561 In the past‚ each country developed its own respective accounting standards and implemented them on a national scale. As the global economy emerged‚ markets converged and accounting systems became more dynamic and were made consubstantial in order to support off-shore business operations and alliances with foreign brands. In recent history‚ the US has made its accounting principles more congruent with that of the IFRS. One of the outstanding differences between
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Extended Text: Author: Duncan Stuart Book: The Whole Of The Moon Introduction: Kirk finds out he has cancer and this has drastic effects on his life. The Whole Of The Moon by Duncan Stuart shows that at start of the novel he is really negative but eventually pulls through and deals with it. In these next few paragraph’s it will explain how he becomes positive from negative. Paragraph 1: At the beginning of the novel Kirk finds out he has cancer and finds it hard to do simple everyday
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FASB/GASB Comparison For-profit business is driven by profit earnings. Financial statements provide information in relation to that performance. For-profit businesses will prepare reports based on the Financial Accounting Standards Board (FASB). Not-for-profit businesses are not driven by the same motivations and are hold to the Governmental Accounting Standards Board (GASB). Three distinctions set GASB organizations apart. 1) Receipt of significant recourses that are not expecting proportionate
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