Austin Rinck Dr. Hwang Distribution Systems Ch. 12 HW 3/2/2015 12.1 Why is transportation important to a firm’s supply chain operations? Transportation is pivotal to the success of an operation of any supply chain because it carries the goods as they move along the supply chain. Transportation influences‚ or is influenced by‚ many logistics activities such as the fact that transportation costs are directly affected by the location of plants‚ warehouses‚ vendors‚ retail locations‚ and customers.
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Accounting Standards Board University of Phoenix Accounting Theory and Research Jun 13‚ 2009 Accounting Standards Board To address the increasing challenges of legislating those governs our society today‚ “countries all over the world have begun to outsource rulemaking to bodies consisting of people familiar with the subject. For that reason‚ policymakers rely on private entities to establish financial accounting and reporting standards” (Donald Kieso‚ 2003‚ Intermediate Accounting). The
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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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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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ACCOUNTING SUBSTANCE OVER FORM Substance over form is an accounting concept where the entity is accounting for items according to their substance and economic reality and not merely their legal form. It is one of the key determinants of reliable information. For most transactions there will be no difference and in some cases however‚ the two diverge and the choice of how to present the transactions can give very different results. This differences occurs when an asset or liability is not recognized
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Chapter 25 Primary Sources Louis Napoleon Bonaparte Campaign Statement 1. Louis Napoleon based his claim to rule France on the fact that he is so devoted to France and the Republic. 2. Louis Napoleon wanted to devote himself wholly to the preservation and consolidation of the Republic as president of France‚ but when he becomes the self-proclaimed emperor of France later‚ all his promises are void. His promises are revealed to be pieces of persuasion so he gets elected as president. Abraham
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Psalms 23 I find in the historical background of the 23rd Psalm that David was the author. David was a shepherd in his youth‚ preparing him for the shepherding of God’s flock‚ the nation of Israel. The Lord chose David as his servant‚ and brought him to shepherd Jacob His people‚ and Israel His inheritance. There is a possibility that David wrote this psalm as a boy while he was tending his flock‚ since he spent many lonely hours in the fields. It is hard to understand how a young boy could
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Nikki Marie Rink Hartwyk pd. 1 October 25th‚ 2013 Ch. 21 Vocab 1. nationalism- patriotic feeling‚ principles‚ or efforts; can be an extreme form of this‚ a feeling of superiority over other countries. 2. militarism- the belief or desire of a government or people that a country should maintain a strong military capability and be prepared to use it aggressively to defend or promote national interests. 3. imperialism- a policy of extending a country’s power and influence through diplomacy
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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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Section A Under Case Study (Newspaper) HB Global 1. Types of audit opinion Qualified opinion * A qualified opinion report can result from a limitation on the scope of the audit or failure to follow generally accepted accounting principles Adverse opinion * It is used only when the auditor believes that the overall financial statements are so materiality misstated or misleading that they do not present fairly the financial position or results of operations and cash flows in conforming
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