is provided for general guidance only and on the understanding that it does not represent‚ and is not intended to be‚ advice. Whilst care has been taken in its preparation‚ it should not be used as a substitute for consultation with professional accounting‚ tax‚ legal or other advisors. Before making any decision or taking any action‚ you should consult with an appropriate specialist or professional. No warranty is given to the correctness of the information contained in this document‚ or its suitability
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term effect on humans‚ to make a judgment on whether or not they are safe. The U.S. and Canadian governments‚ though‚ have approved GMOs based on studies conducted by the same corporations that created them and profit from their sale. Genetically modified foods have been linked to toxic and allergic reactions‚ sick‚ sterile‚ and dead livestock‚ and damage to virtually every organ studied in lab animals. The effects on humans of consuming these new combinations of proteins produced in GMOs are unknown
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Wheelchairs are intended to provide people with comfort and independence after their movement has been either compromised or become impossible due to illnesses‚ injuries‚ disabilities‚ or simply aging. For those with either limited or no mobility at all‚ a wheelchair can make an incredible difference in their quality of life. And here is the brief wheelchair history. The earliest record of wheelchairs dates back to the 6th century‚ as an inscription found on a stone slate in China around 6th century
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FACT In examining the costs of pension plans‚ Leah Hutcherson‚ CPA‚ encounters certain terms. The components of pension costs that the terms represent must be dealt with appropriately if generally accepted accounting principles are to be reflected in the financial statements of entities with pension plans. DIRECTION AND REQUIREMENTS In this simulation‚ you will be asked various questions regarding basic pension plan terminology. 1. Discuss the theoretical justification for accrual recognition
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http://smallbusiness.chron.com/difference-between-traditional-accounting-computerized- accounting-4021.html INTRODUCTION: Before the advent of fast and cheap computers‚ accounting traditionally was processed manually with all transactions recorded in columnar papers and kept in voluminous binders. Once computers became popular and software affordable‚ accounting tasks moved into this medium‚ where concepts stayed the same but mechanics changed from papers to programs. AIMS AND OBJECTIVE:
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Case Study Inventory The Cost of Inventory The general principle for cost inclusion into inventory for US GAAP and IFRS is similar but not exactly the same. First let us look at US GAAP. The basis of accounting for inventories is “cost‚” which is explained in ASC 330-10-30 paragraph 1 as “the sum of the applicable expenditures and charges directly or indirectly incurred in bringing an article to its existing condition and location.” These costs are divided into two different categories‚ the
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Historical and Biographical Approaches Historical criticism seeks to interpret the work of literature through understanding the times and culture in which the work was written. The historical critic is more interested in the meaning that the literary work had for its own time than in the meaning the work might have today. For example‚ while some critics might interpret existential themes in Shakespeare’s Hamlet‚ a historical critic would be more interested in analyzing the play within the context
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Cost estimation is a fundamental aspect of managerial/cost accounting (Datar et al. 2008; Eldenburg and Wolcott 2005). The cost predictions are used in each of the management functions. for example used to predict costs so that management can determine the desirability of alternative options and to budget expenditures‚ profits‚ and cash flows. The objective is to support students in learning how to apply regression analyses to understand cost behavior and forecast future costs using real data from
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* Write an essay in 250 to 300 words‚ Include the following: * The basic assumption of accounting * The constraints of accounting * A conclusion stating how you think sound financial reporting depends on principles‚ assumptions‚ and constraints. Refer to the U.S. GAAP in your response. The basic assumptions of accounting = separate entity assumption- finances from the company finance so that they don’t get intertwined with the owner or shareholders finance. Going concern assumption=
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Analyse the impact of historical design developments in your selected focus area on contemporary textiles Contemporary textiles strongly reflect the influence of historical design developments. The change in society’s expectations towards modesty and acceptable clothing is clearly evident in all aspects of contemporary apparel choices. Instead of strict regulations‚ the attitude is more about individuality and anything goes (within reason). Modern beach wear styles show the wide variety of choices
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