ANSWERS TO QUESTIONS 1. Examples are: (a) Payment of an accounts payable. (b) Collection of an accounts receivable from a customer. (c) Transfer of an accounts payable to a note payable. 2. Transactions (a)‚ (b)‚ (d) are considered business transactions and are recorded in the accounting records because a change in assets‚ liabilities‚ or owners’/stockholders’ equity has been effected as a result of a transfer of values from one party to another. Transactions (c) and (e) are not business
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obligations. This paper will look at the case study Eat at My Restaurant – Cash Flow (Gibson‚ 2013) and will analyze the difference between net cash provided by operating activities and net income and determine which a better indicator of long-term profitability is. It will then provide an analysis of the cash flow ratios for each of the firms contained in the case study. Finally‚ this paper will conclude with a determination of if one of the companies in the case study has a cash flow problem. Net
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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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CHAPTER 12 Intangible Assets ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics Questions 1. Intangible assets; concepts‚ definitions; items comprising intangible assets. 1‚ 2‚ 3‚ 4‚ 5‚ 6‚ 7‚ 8‚ 9‚ 10‚ 11‚ 12‚ 13‚ 14 2. Patents; franchise; organization costs; trade name. 9‚ 10‚ 13‚ 14‚ 25 3. Goodwill. 4. 5. Brief Exercises Exercises Concepts Problems for Analysis 1‚ 2‚ 3‚ 5‚ 6 1‚ 2‚ 3‚ 4 1‚ 2‚ 3 1‚ 2‚ 3‚ 4‚ 5‚ 7‚ 12‚ 13 4‚ 5‚ 6
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of the Mc Donald’s‚ I will prepare a report include following factors: 1. Assess and analysis own situation 2. Define the Goal 3. Identify strategies for achieving your goals 4. Develop a plan for implementing your strategies The first factor I will focus on is to collect information for assessment and analysis the company’s situation. Main ways of assessment and analysis I will choose is SWOT analysis and competitive benchmarking‚ basic on the market
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MINI CASE 4 I STARBUCKS: RE-CREATING ITS UNIQUENESS 1. How did Starbucks create its uniqueness in the first place? Starbucks create its uniqueness by offering premium coffee beans‚ thus creating an amazing image. Every store is a unique place with a wide range of products and a special homely ambience‚ emphasized by relaxing music and comfortable seating furniture. Other than that‚ customers can use the free wireless hotspot or just visit with friends. The high quality of the products
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Q1) Before talking about the elements‚ in my opinion‚ Professor Richard Hackman view on this case included all the four types of teams‚ which are problem-solving teams‚ self-managed work teams‚ cross-functional teams and virtual teams. In general‚ Hackman believes that most of the time teamwork does not provide more effective performance than individual work does. The is true due to the fact that tasks will be divided in a certain way‚ however this is enough for the team to be able to deliver its
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CORPORATE FINANCIAL REPORTING Assignment #1 On * Sukuk (in context to Pakistan) * Listing requirements by KSE * IFSB * History of Accounting Standards and Adoption of IFRS * Deloitte Pakistan/Global Deloitte (1) Sukuk (in context to Pakistan) Sukuk is the Arabic name for financial certificates‚ but commonly refers to the Islamic equivalent of bonds. Since fixed income‚ interest bearing bonds are not permissible in Islam‚ Sukuk securities are structured to comply
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chapter 10 Student: ___________________________________________________________________________ 1. Antidiuretic hormone is released by: A.anterior lobe of the pituitary B.posterior lobe of the pituitary C.hypothalamus D.adrenal glands 2. Excretion primarily rids the body of: A.excess fuels B.undigested food C.minerals D.substances that were involved in metabolism E.All of the choices are correct. 3. Benign prostatic hyperplasia: A.is prostate cancer B.involves enlargement
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new infrastructure investments due to the spaghetti mess. CEO is fucked up. He anyhow plan new initiatives without having a clear understanding of the company’s current IT infrastructure Only ask for IT‚ sales and marketing support but not the finance Frivolous change of name 2. Develop an IT planning process for ModMeters Need a process for IT planning and budgeting Will need to take an enterprise perspective on IT and incorporate all IT initiatives – new strategies‚ needs of Fred and
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