ASSIGNMENT (Stage 1) ACCT 11059 – Using Accounting For Decision Making Prepared By Lingdi Fu (s0210541) Lecturer & Tutor’s Name: Mitch Hsu Due Date: Saturday‚ 4th August 2012‚ 11:00 PM Step1 During carefully and thoughtfully read through the firm’s latest annual report. We can find the company is called GR Engineering Services. It is an Australian Securities Exchange (ASX) listed public company located in 183 Great Eastern Highway‚ Belmont. The principle activities of the company is
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When it comes to intermediate sanctions there are positive to it and there are negatives. One positive thing that comes from intermediate sanctions is that it lowers the costs that we have to pay for people in prison. If these people are not going to prison and are going under house arrest they are having to pay for their food and most other things themselves instead of having it provided for them. Another positive is that being on these types of programs these people will learn that if they want
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Intermediate Accounting 1 Exam 1 Spring 2010 1. What are the statements of financial accounting concepts (sfac) intended to establish? a. Generally accepted accounting principles in financial reporting by businesses. b. Generally accepted accounting principles for businesses‚ not for profit c. The objectives and concepts for use in developing standards of financial accounting and reporting. d. The hierarchy of sources of generally accepted accounting principles. 2. During
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IASB rules. The cost of borrowing funds to acquire or construct property‚ plant‚ and equipment accounted for under IASB rules should be added to the other costs of acquiring fixed assets to determine the amount for the balance sheet. /1 1/1 Question 2 A "bottom up" test and "top down" test must be applied under IASB standards to determine what? a. Impairment of tangible fixed assets b. Impairment of intangible fixed assets Selected: c. Impairment of goodwillThis answer is correct. d. Allocation of
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There is ACC 306 Week 2 Ethics Case 15-4 - American Movieplex - Leasehold improvements in this pack. Business - Accounting Week 2 Required Readings a. Chapter 14: Bonds and Long-Term Notes b. Chapter 15: Leases Discussions 1. 1st Posting Due by Day 3. Debt for Equity Swaps. Complete Ethics Case 14-8 from Chapter 14 and post the answers to the discussion board by Day 3. 2. 1st Posting Due by Day 3. Leasehold Improvements. Complete Ethics Case 15-4 from Chapter 15 and
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INTERMEDIATE TERM FINANCING Intermediate term financing refers to borrowing with repayment schedules of more than one year but less than ten years. In contrast ‘short –term financing has a repayment schedule of less than one year‚ while long-term financing matures in ten years or longer. ADVANTAGES OF INTERMEDIATE TERM FINANCING Intermediate term financing offers the following advantages to the firm; 1. It provides a useful alternative when the firm is unable to continue expanding assets with
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Chapter Two Worldwide Accounting Diversity Learning Objectives After reading this chapter‚ you should be able to • Provide evidence of the diversity that exists in accounting internationally. • Explain the problems caused by accounting diversity. • Describe the major environmental factors that influence national accounting systems and lead to accounting diversity. • Describe a judgmental classification of countries by financial reporting system. • Discuss the influence that culture is thought to
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How often do you find yourself on the edge of compassion fatigue (with your family‚ your friends‚ your coworkers‚ your patients‚ your clients)? Do you think they can read it in your face? What can you do to be sure you have the emotional reserves to do what you need to do? Helping others puts you in direct contact with other people’s lives. As you probably have experienced‚ your compassion for those you help has both positive and negative aspects. Compassion fatigue can strike the most caring and
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system provides real-time data such as sales forecasting‚ inventory optimization‚ order tracking‚ revenue tracking‚ purchasing‚ and costing. SAP’s common database supports all applications and consists of functional areas that include finance/accounting‚ manufacturing‚ sales‚ service‚ human resources‚ supply chain management and project management for all levels of Arizona Electric Power’s utility industry and addresses the needs of generation‚ transmission‚ and distribution. The inventory management
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processes used within the organisation‚ or within one business unit of the organisation. Sydney’s Harbour Café comprises several systems and processes. The main ones are listed below: Finance Human Resources Sales and Marketing Suppliers 2- Outline the strategies you will use to monitor and evaluate the performance of these key systems and processes. To be able to monitor performance we have to know our current position. our current position in our systems and processes is in the beginning
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