En. Razi not mention any copy of PO being sent to vendor‚ Recieving Department and AP. c) The Materials Resource Planning‚ Cik Lim should not update AP. The liability should be recorded by another clerk from Finance Department. - In this case‚ all matters regarding finance will be done by En. Razi. In order to have a good flowchart of purchasing process‚ the company should have a good segregation of duties and not rely on En. Razi. d) The Finance Clerk‚ Encik Faris should not prepare cheque
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CHAPTER 10 DETERMINING HOW COSTS BEHAVE 10-16 (10 min.) Estimating a cost function. 1. Slope coefficient = = = = $0.35 per machine-hour Constant = Total cost – (Slope coefficient Quantity of cost driver) = $5‚400 – ($0.35 10‚000) = $1‚900 = $4‚000 – ($0.35 6‚000) = $1‚900 The cost function based on the two observations is Maintenance costs = $1‚900 + $0.35 Machine-hours 2. The cost function in requirement
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if ever she/he had a boyfriend/girlfriend? Gone are the days when men wait years to win a woman’s heart. As time pushes on high technology‚ same as love to lose its value. To see love birds age 13-15 is no longer surprising‚ it seems natural. All you have to do is type and send‚ and then you’ll be taken. Most of the time‚ a person you met yesterday will be your partner tomorrow. And worse‚ relationship nowadays is like affair there and here‚ temptations here and there. They say it’s normal
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[pic] Management Accounting Submitted to: Dr. James Tong MBA 507: Management Accounting Submitted by: Rajvinder Brar Student Id-0910183 Definition – Historical cost In accounting‚ historical cost is the original financial or monetary value of any economic item. It is based on a stable measuring assumption of a unit. Sometimes
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ethically and professionally by providing clear‚ accurate information. In other words‚ true and fair statements are to be provided by accountants. Enron‚ Tyco international‚ are examples of accounting scandal. There’re some reason that cause those ethical issues arise which is due to the greedy mindset of accountant‚ tempted by money and take chance to fraud‚ Pressured by company’s executive and so on. When all these ethical problems arise‚ mean that accountants has lost their mind and make mistake
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September 10‚ 2013 The Ins and Outs of Accounting The primary focus of this text is to educate and inform readers about what it is like to live and function in the world of Accounting. Although we deal with numbers every day of our lives we often overlook what all goes into becoming a skilled Accountant. The significance of accounting plays a vast role in the financial health of an organization‚ its failure and or growth and development‚ the stock market‚ and the financial future of our lives
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Tax accounting 1.461-2(c)(1) 1.461-4(d)(1) through (6) 1.461-4(e) 1.461-4(g)(1) through (7) 1.461-5 (a) through (c) Garber Abbey B [Abbey.B.Garber@IRSCOUNSEL.TREAS.GOV] Monday‚ February 04‚ 2013 11:30 PM Here are a few regulations Treas. Reg. sec. 1.461-1(a)(2)(i) Reg. sec. 1.461-1(a)(2)(ii) Reg. sec. 1.461-1(a)(3) Reg. sec. 1.461-1(c) We’ll work through these and more Thursday. Initial assignments for February 7: I.R.C. section 461 Look at Treas. Reg. Section 1.461-0
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Question 2 (0.5/0.5) Exhibit 2–4 Production possibilities curve data | A | B | C | D | E | F | Capital goods | 150 | 140 | 120 | 90 | 50 | 0 | Consumer goods | 0 | 20 | 40 | 60 | 80 | 100 | | | | | | | | In Exhibit 2-4‚ the concept of increasing opportunity costs is represented by the fact that: a) Greater amounts of capital goods must be sacrificed to produce each additional unit of consumption goods. Question 4 (0.5/0.5) As shown in Exhibit 8-3‚ in order to
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Chapter 5- GLOBAL COMPANY PROFILE: Regal Marine world’s 3rd largest boat manufacturer; Regal uses CAD computer aided design; Regal uses JIT inventory to deliver parts as needed. GOODS & SERVICES SELECTION: The good or service provided is basis for an organization’s existence and the key to success; To maximize success‚ companies focus and concentrate on few products; Companies must look constantly for new products to design; Product Decision- to develop‚ implement a product strategy that meets
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The Cold Equation In the short story "The Cold Equation" Tom Godwin explains the theme that you don’t always get what you want. The characters are Marilyn Lee Cross‚her brother‚ and the EDS pilot. When the EDS pilot finds her in the ship he had a conversation about how she was going to die. on page. Before she died she had the chance to talk and sends letters to her brother and family. The time had come‚ she would be ejected out of the ship. The story begins with a girl that wants to see her
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