Part 1 (a) True. (b) False General-purpose financial reports helps users who lack the ability to demand all the financial information they need from an entity and therefore must rely‚ at least partly‚ on the information in financial reports. (c) False Standard-setting that is based on personal conceptual frameworks will lead to different conclusions about identical or similar issues. Another‚ and past decisions may not be indicative of future ones. (d) False Information that is decision-useful
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A. Student Name: Heather Barton B. Lab 1 Part C Questions: 1. Entities in the conceptual model eventually are converted to tables in the database‚ and the attributes convert to the fields within the tables. Given this information‚ list the attributes (fields) found in the supplier table. The attributes in the supplier table include ID‚ Company‚ Last Name‚ First Name‚ Email Address‚ Job Title‚ Business Phone‚ Home Phone‚ Mobile Phone‚ Fax Number‚ Address‚ City‚ State/Province‚ Zip/Postal
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ACCT505 Part B Capital Budgeting problem Clark Paints Data: Cost of new equipment $200‚000 Expected life of equipment in years 5 yrs Disposal value in 5 years $40‚000 Life production - number of cans 5‚500‚000 Annual production or purchase needs $1‚100‚000 Initial training costs Number of workers needed 3 Annual hours to be worked per employee 2000 hrs Earnings
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Case Study I Solution The following cost items are needed before a schedule of cost of goods manufactured can be prepared: Materials used in production: Prime Costs $545‚000.00 Less Direct Labor Cost $220‚000.00 Direct Materials Cost $325‚000.00 Manufacturing Overhead Cost: Direct Labor Cost/ Percentage of Conversion Cost: rounded to nearest dollar ( this is total
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TECHNICAL‚ SCIENTIFIC‚ AND BUSINESS ENGLISH (ENGL301) Leonessa D. Tabios ldtabios@ama.edu.ph TOPIC: Types of Technical Report Informal Reports Objectives for this lesson: 1. Identify the different types of report according to content and form. 2. Know when to use a type of report for the right purpose. 3. Give examples for each type of report. Types of Technical Report REPORTS They are written for specific‚ practical purposes. They deal with ongoing problems and
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Evaluating a Company’s Budget Procedures Springfield Corporation operates on a calendar-year basis. It begins the annual budgeting process in late August‚ when the president establishes targets for the total dollar sales and the net income before taxes for the next year. The sales target is given to the Marketing Department‚ where the marketing manager formulates a sales budget by product line in both units and dollars. From this budget‚ sales quotas by product line in units and dollars
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NPV A Item Years "Amt of Cash Flow" "20% FACTOR" "PV of Cash Flows" Annual Cost Savings 1 - 7 80000 3.605 288400 Initial Investment NOW -300000 1 -300000 Salvage Value 7 20000 0.279 5580 Net Present Value -6020 NPV B Item Years "Amt of Cash Flow" "20% FACTOR" "PV of Cash Flows" Annual Cost Savings 1 - 7 60000 3.605 216300 Initial Investment NOW -300000 1 -300000 Working Capital Released 7 300000 0.279 83700 Net Present Value 0 NPV A
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Tom Emory and Jim Morris strolled back to their plant from the administrative offices of the Ferguson & Son Mfg. Company. Tom is the manger of the machine shop in the company’s factory. Jim is the manager of the equipment maintenance department. The men had just attended the monthly performance evaluation meeting for plant department heads. These meetings had been held on the third Tuesday of each month since Robert Ferguson‚ Jr.‚ the president’s son‚ had become the plant manager a year earlier.
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Ethics in Public Administration: Week 2 Assignment Case Study 1 Isabel Carter PADM505 October 19‚ 2014 Kennedy Maranga Dennis the city Manager is working late and he catches his new Budget Director Susan in a compromising situation with the Assistant City Manager. The employee policy prohibits this type of behavior between their employees. According to the City Code of Ethics this type of behavior is unacceptable and calls for dismissal. Ethics is not the act of controlling co-workers behavior
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Leaders and Where They Come From Genetics vs. Life Experiences Harold R. Andrews Saint Leo University The question in part is…” are leaders born or made”. The old adage natural born leader is unresponsive because as Dr. Daniel Maltby (n.d.) wrote‚ “volumes of research have been written. But there is little to no conclusive evidence either way. The topic of leadership remains elusive.” Maltby continued by writing “This question continues
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