← Abstract Faced with various issues of international accounting in cultural‚ economic‚ ethical and social level‚ after comparing US with China about the GAAP‚ analyzing the differences and difficulties in global accounting standard‚ it’s necessary to separate different accounting standards because of the diversification in different countries‚ it shows that accountancy professions play an important role in capital market‚ which can provide useful‚ relevant and reliable information to interested
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Finance Management Answer 1. Capital Budgeting Capital budgeting (or investment appraisal) is the process of determining the viability to long-term investments on purchase or replacement of property plant and equipment‚ new product line or other projects. Capital budgeting consists of various techniques used by managers such as: 1. Payback Period 2. Discounted Payback Period 3. Net Present Value 4. Accounting Rate of Return 5. Internal Rate of Return 6. Profitability Index
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equipment is typically leased out again (in case of an operating lease) or sold in the used market. Its fate depends on the type of equipment‚ technological developments in the field‚ as well as the economic and financial conditions of the market. 4. After doing all the calculations‚ Paulo realizes that he underestimated the cost savings that would result from improved efficiency by $1000 per year. How should this error be handled? Is it relevant? Explain. As can be seen from the cash flows in
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Finance is the allocation of assets and liabilities over time under conditions of certainty and uncertainty. A key point in finance is the time value of money‚ which states that a unit of currency today is worth more than the same unit of currency tomorrow. Finance aims to price assets based on their risk level‚ and expected rate of return. Finance can be broken into three different sub categories: public finance‚ corporate finance and personal finance. Contents [hide] 1 Areas of finance 1
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| | |15 year exemption for Small Business Subdivision 152-B | | |If no exemptions apply‚ then go to step 4. | |Step 4 | Can the
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hostile takeover is the main method of transferring ownership interest in a corporation. b. A corporation is a legal entity created by a state‚ and it has a life and existence that is separate from the lives and existence of its owners and managers. c. Unlimited liability and limited life are two key advantages of the corporate form over other forms of business organization. d. Limited liability is an advantage of the corporate form of organization to its owners (stockholders)
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ledger a.a chronological record of all transactionsb.the balance of each account in the chart of accountsc.budget records for each account in the chart of accountsd.subsidiary details supporting a control account 2. Which steps in the Financial Accounting Process are in the correct sequence based on closing the accounts and determining timing differences prior to issuing financial statements a.record the transaction‚ post to the ledger‚ prepare the adjusted trial balance‚ enter adjusting entries
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computers * 3.Minicomputer * 3.1.Popular Minicomputers * 4.Microcomputer Since the advent of the first computer different types and sizes of computers are offering different services. Computers can be as big as occupying a large building and as small as a laptop or a microcontroller in mobile & embedded systems.The four basic types of computers are. 1. Super computer 2. Mainframe Computer 3. Minicomputer 4. Microcomputer See Also: What is a Computer
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previous three years‚ the loss may be carried back to offset those prior gains‚ which would reduce the corporation’s tax liability in the present year. If gains did not exist in prior years‚ the loss could be carried forward for five years. 2 1-4. A. Don Drennan‚ Inc.—Corporate Income Tax Sales Cost of Goods
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Chapter 4 Case 2: Greetings Inc.: Activity-Based Costing Solution: 1. An activity-based costing system may be appropriate for Wall Décor‚ when overhead allocation based job-order costing provides product cost distortion. As seen on previous case‚ this distortion happens when one product is manufacturing in high volume and the others are manufacturing in complexity as well as in low volume. In this situation Wall Décor should change its costing system for selling its high volume produced
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