Nimo Lorenzo ACCTG 117 Payroll Accounting Management Monday Morning Class 02/04/2014 Matching Quiz 1. B 2. D 3. F 4. A 5. H 6. I 7. J 8. C 9. E 10. G Questions for Review 1. The Department of Labor enforces the Fair Labor Act which sets the basic federal minimum wage at $ 7.25 per hour and for the state of California’s minimum wage is $ 8.00 per hour. 2. The information that needs to be maintained by FLSA concerning employees’ wages earned is data about hours worked. 3. An employer
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Chapter 2 Auditing IT Governance Controls Review Questions 1. What is IT governance? Response: IT governance is a relatively new subset of corporate governance that focuses on the management and assessment of strategic IT resources. 2. What are the objectives of IT governance? Response: The key objectives of IT governance are to reduce risk and ensure that investments in IT resources add value to the corporation. 3. What is distributed data processing? Response: Distributed
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High-performance organizations emphasize all of the following EXCEPT: | Internationally-oriented | The goal of HRM could be stated as | To build organizational performance capacity through people | Employee orientation‚ training‚ and performance appraisal fall under the basic human resource management responsibility of | developing a quality workforce | | Cynthia has always performed well in her job‚ and has received good performance appraisals. She has been denied a promotion
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Rittenberg 8th edition: Q 2-45 (pages 66 and 67) 2-45 (Audit Committees and Auditor Independence‚ LO 4‚ 5‚ 6) The audit committee is required to evaluate the independence of both the internal and external audit functions. Required a. What factors would you suggest an audit committee look at in evaluating the external auditor’s independence? b. How can the audit committee influence the independence of the internal audit function? c. The audit committee must pre-approve all nonaudit services
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Steven White Eng. 101 Omar Addi January 18‚ 2015 Chapter 2 Summary Writing a paper is no small feat. Many people may stress over the structure. Planning is an important step in writing a paper. Without planning‚ a paper will be disorganized‚ not have a definitive flow‚ may lack connecting with our audience and getting your point across. Planning allows you to develop needed skills to decide about your topic‚ purpose‚ thesis and audience. The first step in the planning process is to decide
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HW # 2- Quiz Chapter 2 1.Corporate Financing. How can a small‚ private firm finance its capital investments. Give two or three examples of financing sources. A small‚ private firm can finance its capital investments in financial markets and intermediaries. The intermediaries include hedge funds‚ mutual funds‚ pension funds‚ and financial institutions such as banks and insurance companies. 2.Corporate Financing. Is it possible for an individual to save and invest in a corporations without lending
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The Equal Protection Clause of the 14th Amendment to the United States Constitution prohibits states from denying anyone in the state equal protection from the laws set by the state government. The clause is to protect individuals from being treated differently and unfairly based on their differences. After the civil war when slaves were free people were unclear of where slaves would fit into the county and the rights they would hold. The 14th amendment explained the rights of the newly freed slaves
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CHAPTER 2 REVIEW OF RELATED LITERATURE Presented in this chapter is a synthesis of facts that supports the following topic: Correlation of Popularity among 3rd Year Students and Their Relationship with Other Students. Background of the topic or what is it about including the advantages‚ disadvantages‚ etc. FRIENDSHIP PARADOX The friendship paradox is the phenomenon first observed by the sociologist Scott L. Feld in 1991 that most people have fewer friends than their friends have‚ on average.
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CA 1-4: (a) Differentiate between Financial Accounting and Managerial Accounting. While financial accounting is the process that culminates in the preparation of financial reports on the enterprise for use by both internal (as managers) and external parties (as investors‚ creditors‚ unions‚ and government agencies)‚ managerial accounting is the process of identifying‚ measuring‚ analyzing‚ and communicating financial information needed by management to plan‚ control‚ and evaluate a company’s operations
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MONASH UNIVERSITY SEMSTER 1 – YEAR 2011 AFW 3040 – ACCOUNTING THEORY BY: SARAH WONG Assignment 2 – 1500-word Essay Topic: How social and environmental reporting practices undertaken by companies highlight the limitations of the conceptual framework. Introduction: Accountancy has always been concerned with mainly the accountability of directors to shareholders and companies to creditors. As companies grow larger and become more integrated with the society‚ this call for a focus towards sustainability
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