“certificate of achievement for excellence in financial reporting” by the Government Finance Officers Association? What is the significance of this award? Yes‚ it is significant because it is the highest form of recognition in the area of governmental accounting and financial reporting‚ and its attainment represents a significant accomplishment by a government and its management. (Page 13) b) What are the key issues addressed in the letter of transmittal? Major initiatives in the city of Charlotte
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http://famouspoetsandpoems.com/country/America/American_poets.html | | | | | | AMERICA Mark Twain (1835 - 1910) Mark Twain was the pen name of Samuel Langhorne Clemens‚ one of the major authors of American fiction. Twain is also considered the greatest humorist in American literature. Twain’s varied works include novels‚ travel narratives‚ short stories‚ sketches‚ and essays. His writings about the Mississippi River‚ such as The Adventures of Tom Sawyer‚ Life on the Mississippi‚
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Book One: The Lost Hero The Heroes of Olympus‚ Book Two: The Son of Neptune ACKNOWLEDGMENTS Many thanks to Seán Hemingway‚ curator of Greek and Roman antiquities at the Metropolitan Museum of Art‚ New York‚ for helping me follow the Mark of Athena to its source. Copyright © 2012 by Rick Riordan All rights reserved. Published by Disney • Hyperion Books‚ an imprint of Disney Book Group. No part of this book may be reproduced or transmitted in any form or by any means‚ electronic
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costs Labor costs of assembly-line workers $110‚000 – Direct labor Sales commissions $35‚000 – Period costs Factory supplies used $13‚000 – Direct materials Salaries paid to sales clerks $50‚000 – Period costs (b) Explain the basic difference in accounting for product costs and period costs. Product costs are manufacturing costs‚ direct components‚ direct labor and manufacturing overhead‚ do not become expenditures until the company sells inventory. Period costs are non-manufacturing costs‚ including
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Brief Exercise 11.1 Alpha Company Stockholders Equity section of the Balance Sheet Issued and outstanding common stock (10‚000 * 10) 100‚000 Additional paid-in capital (10‚000 * 3) 30‚000 Total paid-in capital 130‚000 Retained Earnings 75‚000 Total Stockholder Equity 205‚000 Brief Exercise 11.2 Beta Company Stockholders Equity section of the Balance Sheet Issued and outstanding common stock (10‚000 * 25) 250‚000 Issued and outstanding preferred stock (10‚000 * 100) 100
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Although the conviction was overturned on May 31‚ 2005 by the Supreme Court of the United States‚ the firm ceased performing audits and is currently unwinding its business operations. On July 9‚ 2002 George W. Bush gave a speech about recent accounting scandals that had been uncovered. In spite of its stern tone‚ the speech did not focus on establishing new policy‚ but instead focused on actually enforcing current laws‚ which include holding CEOs and directors personally responsible for accountancy
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Chapter 10- Derivative Securities Markets LG 10-1. Distinguish between forwards and futures contracts LG 10-2. Understand how a futures transaction is conducted LG 10-3. Identify information that can be found in a futures quote LG 10-4. Recognize what option contracts are. LG 10-5. Examine information found in an option quote. LG 10-6. Know the main regulators of futures and option markets LG 10-7. Describe an interest rate swap LG 10-8. Understand caps‚ floors‚ and collars LG 10-9. Identify
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Dexit is a rechargeable‚ contactless‚ stored-value smart key tag used for electronic payment in on-line or off-line systems in Toronto‚ Canada‚ since 2003. Instead of coins or cards (and PIN)‚ Dexit uses an RFID key tag device associated with funds transferred from ordinary bank accounts. There is no link to access the accounts from the key tag‚ a feature to guard against the abuse of lost key tags. Accounts can be filled up from the Dexit website‚ by telephone‚ at participating merchants‚ or
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The lecture last night discussed accrual accounting concepts such as timing issues‚ and the basics of adjusting entries. The discussion went into more detail on periodicity assumption and how accounting divides the economic life of a business into artificial time periods. These time periods are generally a month‚ a quarter‚ or a year‚ now whether it is a fiscal year or a calendar year that is determined by the company itself. The lecture then reviews the revenue recognition principle which expects
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Comparing Accounting Software Programs to Manual Accounting Manual accounting uses several paper ledgers to record financial transactions. It is very time consuming to record each single transaction onto paper‚ being very cautious not to make an error. There are several ledgers for each part of the accounting system‚ such as accounts payable‚ accounts receivable‚ and revenue accounts. Combining these ledgers into one general ledger‚ provide the balance for each ledger. The general ledger
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