MANUAL ON THE NEW GOVERNMENT ACCOUNTING SYSTEM For National Government Agencies ACCOUNTING POLICIES Volume I Chapter 1. Introduction Objectives of the Manual. The New Government Accounting System (NGAS) Manual presents the basic policies and procedures; the new coding system; the accounting systems‚ books‚ registries‚ records‚ forms‚ reports‚ and financial statements; and illustrative accounting entries to be adopted by all national government agencies effective January
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Chapter 3 An Ethical Dilemma 1. Keeping in mind the facts and timeline of this situation‚ discuss Lavonda’s situation in terms of legal and ethical issues. This case has many aspects of sexual harassment‚ and is very complicated. Karline is partially correct in that it was common knowledge that Lavonda and Allen were intimate. It was because Lavonda crossed that line‚ and did not report the relationship‚ that Lavonda’s sexual harassment suit becomes unstable. Her legal suit would carry more weight
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Anatomy and body type plays a significant role in determining the proper weightlifting strategy; there is no one weightlifting plan that would work for all members in a group‚ not only because people have different physical traits‚ but also different diet and living habits. There are three major body types: Ectomorph‚ endomorph and mesomorph. People who are described as Ectomorphs usually have lean muscle mass; they have small frames and do not gain weight easily‚ and therefore‚ have a slim appearance
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Manual inventory tracking compared with inventory tracking systems on your computer. A good inventory tracking system accomplishes four things: 1) it shows what merchandise is in stock‚ 2) it shows which items are on order‚ 3) it notifies the retailer when ordered merchandise is scheduled to arrive‚ and 4) it tells what merchandise has been sold. This information is used to plan future purchases‚ to determine what is selling and when it is selling‚ and it helps determine what items need to be reordered
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Chapter 3 FIGHTING FRAUD: AN OVERVIEW Discussion Questions 1. Fraud prevention is important because it is the most cost-effective way to reduce losses from fraud. Once fraud occurs‚ there are no winners. 2. Creating a culture of honesty and high ethics helps to reduce fraud in various ways. Management through its own actions can show that dishonest‚ questionable‚ or unethical behavior will not be tolerated. By hiring the right kind of employees‚ management can select people who are
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Chapter 3 Multiple Choice 1. What is externality a. Looking at a problem from an external view b. A private behavior that has broader social consequences* pg 56 c. Weighing the costs and the benefits of a decision d. F 2. Who deals with externalities in a market economy a. The government* pg 56 b. Local businesses c. Volunteers d. Individuals 3. Which one of these can you have property rights on a. House b. Car c. Inventions d. All of the above* pg 66 4. What is the average cost of bringing a new
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INTRODUCTION TO HUMAN ANATOMY & PHYSIOLOGY 1. Define the terms anatomy and physiology‚ and explain their relationship using an example of a human structure with its corresponding function. The term anatomy refers to the structure and relationship of body parts such as tissues and organs. Physiology on the other hand is how these structures work as in individual and in the body as a whole. Take the circulatory system for example. The heart itself‚ blood vessels and blood is the anatomy. How these
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CHAPTER 3 COSTS CONCEPTS and CLASSIFICATION [Problem 1] 1. Direct labor P10 Variable factory overhead 15 Fixed factory overhead 6 Unit conversion cost P31 2. Direct materials P32 Direct labor 10 Unit prime cost P42 3. Unit prime cost P42 Variable factory overhead 15 Unit variable cost P57 4. Total production cost (12‚000 units x P63) P756‚000 [Problem 2] 1. Indirect materials and factory supplies P 68‚000 Supervising salaries
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Week 1 Chapter 3 QUIZ — STR/581 1. The various interegoloio associated with the CBC Corporation expect and demand their claims toward the organization be settled in a responsible manner. When discussing this concept‚ all of the following statements would be considered true of a corporation’s interest groups except which one? A) Governments expect adherence to legislation. B Stockholders desire appropriate returns on their investments. The general public wants products with fair pricing. D
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CHAPTER II SYSTEM ANALYSIS 2.1 Data Flow Diagram It is the pictorial representation of the logical inter-relationship between the data and the process. It can be define as pictorial representation of logical inter-relationship between the procedures‚ input‚ output and their data stores. It also shows the flow of data from external entities into the system‚ showed how the data moved from one process to another‚ as well as its logical storage. . There are only four symbols: 1. Squares
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