to be used in production are considered to be finished goods. merchandise inventory. raw materials. work in progress. In a manufacturing business‚ inventory that is ready for sale is called store supplies inventory. finished goods inventory. raw materials inventory. work in process inventory. Inventory items on an assembly line in various stages of production are classified as Finished goods. Work in process. Merchandise inventory. Raw materials. Rudolf Diesel Company’s inventory records show the
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Group: Chotika Punyanitya Natali Alves de Andrade CASE STUDY - DISCRIMINATION INTRODUCTION This case study introduced us to the knowledge of laws and discrimination at work place. Vishnu has been doing a good job as a salesperson in the building industry. Improving his skills now he is facing a promotion. But the management team‚ after providing him a promotion‚ says that Vishnu needs to remove his turban‚ because they think that it would look more professional. That’s a typical discrimination
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Classmates‚ According to (Oster‚ 2014)‚ "Percentage of receivables and percentage of sales are two accounting allowance methods used to reconcile customer accounts deemed noncollectable. When allowed by generally accepted accounting principles (GAAP)‚ these two strategies are preferred over direct write-off of bad debt expenses. Percentage of receivables and percentage of sales provide a business with the ability to accurately estimate the expected bad debt losses they will have in each succeeding
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its industry‚ such as the highly regarded brand and industry excellent awards. It is one of the few companies that won three Prestigious Awards in the first quarter of the year 2011. The product and service excellence is seen in the company’s hard work that continuously strengthens their quality control and ensures all the aspects of products; technology and service standards are high by keeping up with the improving technology in design‚ planning and etc. This is made possible by the company’s highly
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8/2/2012 Objective of Lecture 2 CLASSIFICATION OF ACCOUNTS & ACCOUNTING EQUATION • By end of lecture 2‚ all students should be able to:(a) Understand the five categories of accounts and able to classify them into the respective categories (b) Understand the accounting equation and the relationship between assets‚ liabilities and owner’s equity. Classifications of accounts • • 1. 2. 3. 4. 5. An account is used to record all information regarding an item. The five major
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http://jobview.monster.com/Senior-Accountant-Manager-Job-San-Juan-PR-US-130837373.aspx Questions and answers 1. Under what conditions is direct labor a valid basis for allocating overhead? Direct labor is a valid basis for allocating overhead when: (a) direct labor constitutes a significant part of total product cost‚ and (b) there is a high correlation between direct labor and changes in the amount of overhead costs. 2. What has happened in recent industrial history to reduce the usefulness
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discussion of whether effective interagency work will lead to better outcomes for children and young people. Also in this assignment evidence will be presented that will support or contradict the statement‚ ‘Effective interagency working will lead to better outcomes for children‚ young people and their families’. This assignment will include my expectations from interagency that is efficient and how agencies will know that their work has been effective. Interagency work is a collaboration between different
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101-00128 Oct 2014 Accounting Accounting is the recording‚ measurement‚ and interpretation of financial information (Business 286). This financial information is used to evaluate the organization’s operations. To carry out these interpretations of financial information a public or private accountant is able to do this. To become a public accountant you must earn your CPA (certified public accountant) by passing a test and means you are certified by the state in which you provide accounting services where
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that involve the contribution of neuron structure‚ electrical and chemical synapse‚ as well as neurotransmitters. Nerve cells are the basic functioning component in the nervous system. Every part of the system is comprised of neurons that collect and distribute information to make the body function. All neurons consist of four main components; a soma‚ dendrites‚ an axon and its terminals. The soma is a cell
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1. What is working memory? Please describe the components of working memory and discuss the status of empirical evidence for each of them. Working memory and its components The term working memory refers to that portion of memory used for temporary storage when doing cognitive tasks like multiplying numbers‚ solving syllogisms or remembering something a lecturer said before writing it down. It stores information intermediately as it is worked with. Working memory can thus be compared to a sketchpad
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