CHAPTER 1 Scope and Meaning of Accounting Introduction Need and Role of Accounting Meaning of Book -keeping and Accountancy Book-keeping Accounting — Science or Art Definition and Explanation of Accounting Users of Accounting Scope/Branches of Accounting z Financial Accounting z Cost Accounting z Management Accounting Systems of Accounting Objectives/Advantages of Accounting Limitations Terminology often used — Some Basic TTerms erms Check Y our
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Questions 1. Which of the following statements about managerial accountants is false? A. Managerial accountants more and more are considered "business partners." B. Managerial accountants often are part of cross-functional teams. C. An increasing number of organizations are segregating managerial accountants in separate managerial-accounting departments. D. In a number of companies‚ managerial accountants make significant business decisions and resolve
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legislation. The UN has developed the Principles for Responsible Investment as guidelines for investing entities. Hilton Hilton Hotels & Resorts (formerly known as Hilton Hotels) is an international chain of full service hotels and resorts‚ it is the flagship brand of Hilton Worldwide. It was founded by
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Culture – the way of life of a people. Shared & human-created strategies for adapting & responding to one’s surroundings (people & creatures) Can be as vast as US culture or smaller like a family or school Blueprint that guides & determines behavior Cultures are learned at birth & passed down from generation to generation. Material culture –natural & human-created objects which people have assigned a name to & attached a meaning. iPods‚ cars‚ clothing‚ tattoos‚ trees‚ diamonds offers clues
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| | Liabilities: | | | | Postpetition liabilities | $1‚200‚000 | | | Prepetition liabilities | 1‚500‚000 | | | Fully secured debt | 900‚000 | 3‚600‚000 | | Excess liabilities over reorganization value | | $1‚600‚000 | 2 Old stockholders must retain less than a 50% interest in the “new entity.” | Reorganization value | | $2‚000‚000 | | Less: Payment to prepetition claimants | | 150‚000 | | | | 1‚850‚000 | | Reorganized capital structure: | | |
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http://atomrooms.com - practical 2 by dayag accounting books Page 1 PRACTICAL 2 BY DAYAG ACCOUNTING BOOKS Download PRACTICAL 2 BY DAYAG ACCOUNTING BOOKS Stop wasting time finding online resources for practical 2 by dayag accounting books We have made it easy for you to find practical 2 by dayag accounting books without any digging deeper Our online library uses the portability‚ searchability‚ and unparalleled ease of access of PDF data formats to make access for people‚ any time‚ anywhere and even
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(DR) = Expense (ADE) Depreciation (AD) Value (BV) 2012 $250‚000 50%* $125‚000 $125‚000 $125‚000 2013 125‚000 50% 62‚500 187‚500 62‚500 2014 62‚500 50% 31‚250 218‚750 31‚250 2015 31‚250 50% 1‚250** 220‚000 30‚000 (1/4) X 2 = 50% B) Which method would result in the higher reported 2012 income? In the highest total reported income over the 4-year period? The method that would result in the higher reported income would be the Straight-line depreciation because the depreciation
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KEY CONCEPTS • managerial economics • theory of the firm • expected value maximization • value of the firm • present value • optimize • satisfice • business profit • normal rate of return • economic profit • profit margin • return on stockholders’ equity • frictional profit theory • monopoly profit theory • innovation profit theory • compensatory profit theory Managers‚ Profits‚ and Markets Chapter 1 How Is Managerial Economics Useful? • Evaluating Choice Alternatives • Identify ways
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Chapter 1 Accounting Information Systems and the Accountant INTRODUCTION WHAT ARE ACCOUNTING INFORMATION SYSTEMS? Accounting Information Systems—A Definition Accounting Information Systems and Their Role in Organizations CASE ANALYSES The Annual Report Universal Concrete Products Ross‚ Sells‚ and Young‚ LLP REFERENCES AND RECOMMENDED READINGS ANSWERS TO TEST YOURSELF WHAT’S NEW IN ACCOUNTING INFORMATION SYSTEMS? Suspicious Activity Reporting Countering Terrorism Corporate Scandals and Accounting
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Q1. What are the ethical and legal issues? A1. The ethical issue is that Kent has made a game that has both a lot of violence and nudity in it. He knows that the game would be marketing sex‚ violence‚ and gambling; and he knows that all three are bad to be imbedded into a teenagers mind. When he talks to Brad about these at first he does not understand why Kent has changed his mind about this game that will make the company lots of money. Then some legal issues come into play when Brad decided
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