University of Phoenix Material Accounting Memo interoffice memo to: Accounting Team mate from: Andrew Accountant subject: LIFO FIFO explanation date: 6/10/2015 Team-mate We need to get together later this week—boss has requested we give her an overview of Last In/First Out (LIFO) versus First In/First Out (FIFO) as it might apply to our company. She needs the background info to present to our president and the board late this month. This is to help management make the decision of which inventory
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Every competitive analysis document shares three essential elements: a purpose statement‚ the competitive framework‚ which is the competitors and the criteria‚ and the comparative data. The analysis document may also provide more details about the overall products‚ the competitors and their market positioning‚ or the method behind the comparative analysis results. The purpose of the competitive framework is to present the data in such a manner as to make it easy for a reader or viewer to compare
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CPA MULTIPLE CHOICE QUESTIONS -- Testing 1. An auditor confirms a representative number of A/R and investigates respondents exceptions and comments. By this procedure the auditor would be most likely to learn which of the following? a) One of the cashiers has been engaged in lapping. b) One of the sales clerks has not been preparing charge slips for credit sales to family and friends. c) The EDP control clerk has been removing all sales invoices applicable to his account from the data file
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Accounting Software Memo I want to offer this advice to help guide you in the purchasing of our new accounting software. First form a technology advisory committee (TAC). This committee will oversee the project. This committee should be made up of people from each of the company’s major departments. This committee will help determine the software needs for each department. The next step after the committee is established is to have each department prepare an analysis or walk thru of the jobs
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In my March 6 memo‚ I discussed the need for Kodak to revamp its core strategy and regain popularity. Eastman Kodak has been the leader of photography and printing products for nearly 130 years. Over the last few years Kodak has been in distress due to its poor fundamental shift into the digital age. Lack of strategic creativity led Kodak to misunderstand the industry in which it was operating. This lack of strategic creativity was costly for Kodak. This memo will explore the options I briefly
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Going Green‚ Going Forward - Decision- Making Memo To: J.R. Rigley‚ market manager of Watkins Incorporated From: xxx‚ assistant of market manager Date: 9/23/2012 Subject: going green‚ going forward Problem statement As our company is going well‚ and considering the demonstration of Cutco Corporation‚ to be going green become a burning issue for our company if we want to go forward. And to make sure the “going green” plan can implement successfully and smoothly‚ we’re facing the following
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honest and have integrity while working in an audit firm. If Walker lied about not taking the exam‚ she easily could have lied about other “small” things. However‚ if it was me in Vaughn’s position‚ I would have also fired Walker. A recently hired accountant to the firm should always be telling the truth no matter what. Members of the firm should have complete honesty with one another and a person who lacks integrity should be no place near an accounting firm. 2. How would you have dealt with
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The purpose of this memo is to disclose fraudulent reporting I have found in the company’s financial information in relation to product costs. Direct costs of work from private clients are being included in the overhead costs of the company. This increases the total overhead cost that is allocated amongst clients cost of sales‚ including the Defense Department of the government. The company has cost-plus contract with government in building and maintaining roads to military bases. In cost-plus contracts
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Tech‚ LLC. Memo To: Management and Stakeholders of Demory Solutions Inc. From: cc: John D‚ CEO‚ D Solutions Inc. Date: Re: Project D Proposal Project Description D Solutions Inc. wants to rollout a new companywide compliance system. New compliance policies will be introduced along with the new compliance system. All managers will require at the minimum 10 hours of training to properly perform their jobs as well as ensure their subordinates perform properly. This training will be incorporated
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Nora Holdings Sdn Bhd Memo To: Zainal Hashim‚ Vice Chairman of Nora Holdings Sdn Bhd From: Caterina Barraco‚ Consultant Date: July 13‚ 1992 Re: Joint Venture Recommendation To ensure compliance with the terms of the TMB contract‚ joint venture negotiations with Sakari must be successfully concluded. Negotiations to date have failed mainly due to a mutual ignorance of one another’s cultural norms‚ not as a reflection of the potential success of a Nora-Sakari joint venture. The following
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