Balance Sheet Notes Preparation and Discussion Odette A. Aquino Pérez‚ Desireé González And Edwin Reyes ACC 545 February 19‚ 2015 Prof. Rafael Marrero‚ PhD‚ MBA‚ CPA Footnotes Preparation and Discussion This week paper requires our team to prepare three notes to the balance sheet and income statement. Also‚ request us to discuss why footnotes are useful and important to financial statements. Below we have included the requested footnotes (prepared based on our experience working with a CPA Firm
Premium Balance sheet Generally Accepted Accounting Principles Asset
E17.15 Spear Custom Furniture uses an activity-based cost accounting system to apply overhead to production. The company maintains four overhead cost pools. The four cost pools‚ and their budgeted amounts for the upcoming period‚ are as follows: Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $40‚000 Materials handling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20‚000 Set-ups
Premium Costs Cost accounting Cost
Discussion Questions Wk 5 ACC/561 Week Five Discussion Questions What is a flexible budget? What types of organizations may use flexible budgets? Why are flexible budgets useful? Flexible budgets work well as a performance evaluation tool in conjunction with a static budget and are basically a comprehensive accounting of the static budget ’s cost variance. Flexible budget expenditures can be stymied by offering employee performance incentives directly relating to staying on the static budget
Premium Cost Material Costs
1) Is current immigration policy seriously treated as a national security issue? How was it treated prior to September 11th? 2) Was lax border enforcement the only factor that caused the September 11‚ 2001‚ attack? 3) What does open‚ but closed borders mean? After reading the assigned material‚ I have come to some pretty harsh realizations concerning immigration policy and how it relates to national security both pre and post 9/11. Up until taking this course‚ I paid only a passing interest
Premium September 11 attacks Al-Qaeda Fourth Amendment to the United States Constitution
financial crisis: Lessons for the future. Retrieved from http://ssrn.com/abstract=1972354 VanDenburgh‚ W.M. & Harmelink‚ P.J. (2008). Accounting implications of the subprime meltdown. The peril of forgetting the fundamentals. The CPA Journal‚ December 1‚ 2008. Retrieved from http://www.uic.edu/classes/actg/actg593/Readings/Credit-Crisis-09/Accounting-Implications-of-the-Subprime-Meltdown.pdf The New York Times. (2008‚ April 14). A lender failed: Did its Auditor?. The New York Times. Retrieved from
Premium Subprime mortgage crisis Subprime lending Mortgage
1.2a What is your distribution plan for your product or service? Discuss how SCORE mentoring might be of assistance in your distribution planning. Use appropriate references and post to the 1.2a discussion board. Business dictionary defines distribution plan as a plan created by the management of a business that specifies how the firm intends to transfer its products to intermediaries‚ retailers and end consumers. Currently I am a full time seller on eBay. eBay is an ecommerce company that
Premium Electronic commerce Management Marketing
Article builds on the seminal work of Oviatt and McDougall which they argue that INVs are very important. Previous researchers have overlooked the international new ventures issues but Oviatt and McDougall raised this issue and not only raised‚ they gave the wider view of Internationalization and advantages of INVs to the world. The article raised the worldwide interest in INVs and raising the important issues. The decision for a new venture to internationalize at setting up is influenced by the
Free Globalization International trade Entrepreneurship
What are some of the types of electronic commerce? How they are used today? Do you think that social networking tools can be relevant in the workplace? Why do you think this? The types of electronic commerce are business-to –consumer‚ business-to-business‚ consumer-to-consumer‚ business-to-employee‚ and government-to-citizen. It provides opportunities for companies to expand worldwide at a small cost‚ increases market share. The process which buying‚ selling‚ transferring‚ or exchanging
Premium Electronic commerce Marketing Social network service
Kudler Fine Foods has contracted Smith Consulting to develop and implement a Frequent Shopper Program. The goal of this program is to further develop customer loyalty while tracking customer behavior. Smith Consulting will be in control of the development of a hardware platform‚ network connections‚ software development tools‚ database information‚ user interfaces‚ controls‚ and security measures. Hardware Platform The three locations that are included in the development are in La Jolla‚ Del Mar
Premium Virtual private network Database Database management system
This paperwork of SCI 207 Week 2 Laboratory 1 shows the solutions to the following problems: The purpose of this lab is to learn more about how connected you are to the ecosystems and biosphere that you inhabit. You will learn how your everyday choices contribute to the human impacts on our environment you General Questions - General General Questions Lab 2 - Experiment 1: Effects of Groundwater Contamination Post-Lab Questions: 1. Restate your hypothesis. Was it confirmed
Premium Water supply Water quality Water