NFJPIA MOCK BOARD2014 AUDITING PROBLEMS Use the following information for the next two items GIL Company’s December 31 year-end financial statements contained the following errors December 31‚ 2013 December 31‚ 2014 Ending inventory P91‚000 overstated P61‚000 understated Accounts payable P54‚000 understated P62‚000 overstated Depreciation expense P23‚000 understated - An insurance premium covering years 2013‚ 2014 and 2015 amounting to P135‚000 was prepaid and expensed in full in 2013. Increase
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Although following the law is important‚ it is not the same thing as being ethical. Law is clear cut and to the point while ethics have more gray areas‚ and they are less about doing certain things because they are what is expected‚ and more about doing what is right and what feels in line with one’s moral code. Demanding ethical and socially responsible behavior from one’s self and from others can be intimidating‚ especially in the professional world. However‚ it is important that people work up
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Napoleón Isabelo Veloso Abueva (born January 26‚ 1930)‚ more popularly known as Napoleón Abueva‚ is a Filipino artist. He is a sculptor given the distinction as the Philippines’ National Artist for Sculpture. He is also entitled as the "Father of Modern Philippine Sculpture". He is the only Boholano given the distinction as National Artist of the Philippines in the field of Visual Arts. Among the major works of Abueva are as follows: Kaganapan (1953)‚ Kiss of Judas (1955); The Transfiguration at
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FMB&T CASE STUDY I. INTRODUCTION FMB&T is a growing regional commercial and consumer retail bank. FMB&T president‚ Marshal Pinkard‚ wanted to strengthen its Information and Technology (IT) division to be more operation efficient and to cope up with the current industry competition. Mr. Pinkard‚ saw the need to increase the support on IT division‚ had made a recent re-organization. He appointed Ayishia Coles as the bank’s executive vice president and chief information officer of its IT division
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Introduction FRANKROJEIAN Snack House start-up a small bakery that rent in 1.1 The Company FRANKROJEIAN Snack House is a Partnership business‚ this will be under supevision of the five partners as the owner of the business. The business wiill be renting a space at the Sienna building Alunan Avenue near government offices‚ schools and private sectors. 1.2 The Products and Servies FRANKROJEIAN Snack House offers the following food and beverages to customers • Cakes • Pastries • Burgers • Fries
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Dog Tags Dog tags are required components of the military uniform. Dog tags are used to show a service member’s name‚ social security number‚ blood type‚ and religious preference in case the service member becomes a casualty. Army Regulation 670-1 states that every service member must wear I.D tags at all times when traveling or overseas‚ even in civilian clothing‚ and that every service member in uniform must wear them in their everyday duty uniform. The importance and purpose of dog tags can be
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CHEMICALS | INCORPORATION OF GALLANT CHEMICALS: MEMORANDUM OF ASSOSIATION: THE COMPANIES ORDINANCE‚ 1984 (PRIVATE COMPANY LIMITED BY SHARES) MEMORANDUM OF ASSOCIATION OF GALLANT CHEMICALS PRIVATE LIMITED 1) The name of the Company is "GALLANT CHEMICALS PRIVATE LIMITED." 2) The Registered Office of the Company will be situated in the province of BALOCHISTAN. 3) The objects for which the Company is established are: * To carry on the business of manufacturers‚ producers
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Introduction The issues in the case of ‘Hawthorn Blood Supplies Co Ltd’‚ which is a listed company on Australian Securities Exchange (ASX)‚ are concerned protection of shareholder’s and creditor’s interests. We will identify possible legal issues in the relation to the Corporation Act 2001 and discuss whether they have been any breaches of relevant common law rules and statutory provisions in relation to ‘capital maintenance’‚ ‘share buy-backs’‚ financial assistance’ and ‘payment of dividends’.
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systems that support the entire organization are A. enterprise resource planning systems and dashboards B. transaction processing systems and office automation systems C. enterprise resource planning systems and transaction processing systems D. expert systems and office automation systems Answer: C 2) _______ is the direct use of information systems by employees in their work A. Transaction processing systems B. End-user computing C. Decision support systems D. Management information systems
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What nursing interventions are appropriate for Mrs. J. at the time of her admission? Drug therapy is started for Mrs. J. to control her symptoms. What is the rationale for the administration of each of the following medications? At the start of her admission‚ Mrs. J is going through many complications throughout most of her systems. I would follow the rules of ABC and control her respiratory problem first. Mrs. J has an oxygen saturation of 82% and is probably going to continue dropping. She will
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