Raisa Zaharan‚ who helped me in doing the assignment. Executive Summary This assignment deals with the concept and plan as how to start a Small Business Enterprise. In this business report‚ I have described the product ‘Digital Tachograph’ I would introduce in my small business enterprise. I have given the details of the potential for this product‚ it benefits to the transport industry as well to a country as a whole. We will be introducing ‘smart card’ to drivers which
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Free Enterprise follows the lives of Mark Altman and Robert Meyer Burnett‚ two men who are basically the ultimate fans of Star Trek amongst other series. The film gives off a couple different messages dealing with fandoms and how they can affect different relationships in your life. Free Enterprise also touches along the lines of people that are not in the media see pop culture‚ fandoms‚ and the all round fiction of the media. It is not always about how the media represents reality but sometimes
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The police department is important to our community. There are several departments and agencies designed to keep the people safe from drugs‚ homicide‚ armed robbery‚ rape‚ hate crimes‚ etc. There are various acts of violence that take place in America but the police are practicing safety precautions to keep our streets safe. In this paper‚ I will be addressing the various types of police agencies at local‚ state‚ and federal levels. I also will be addressing the roles and functions of police organizations
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up with the restructuring of many agencies and the formation of a new department. This was the Department of Homeland Security which was tasked with protecting the United States from terrorist attacks. The Department of Homeland Security has been controversial since its inception‚ but the work done by the department is important to keep the United States safe. Many feel that it was just unnecessary bureaucracy and the Department has
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Accounting Homework Individual Chapter 7 Question 1&2 1. (a) What are generally accepted accounting principles (GAAP)? In the U.S.‚ generally accepted accounting principles‚ commonly abbreviated as US GAAP or simply GAAP‚ are accounting rules used to prepare‚ present‚ and report financial statements for a wide variety of entities‚ including publicly-traded and privately-held companies‚ non-profit organizations. (b)What bodies provide authoritative support for GAAP
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correct picture on the firm’s financial performance and financial position. We have to recognize all transaction occurring in that accounting period‚ irrespective of whether cash has been received or paid. The ultimate objective of adjusting entries is to ensure that the revenues (income) earned in the accounting period are matched by all costs incurred for that same accounting period (Monash College‚ 2011). Prepayment There are two types of adjusting entries‚ prepayments and accruals. Prepayment is
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Objective 1. Determine the total considerations transferred. 2. The land and buildings should be recorded on the premise of “in-use” or “in-exchange”. 3. Determine the fair value recorded for the intangible assets. Applicable accounting pronouncement ASC 805-20-25 Business Combinations-Identifiable assets and liabilities and any non controlling interest-Recognition Recognition Conditions 25-2 To qualify for recognition as part of applying the acquisition method‚ the
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Although generally Inter departments’ relationship in Ernst & Young is independent of the other departments’ activities due to different working scope‚ however at certain point‚ issues and matters which are not in their scope expertise would require some level of consultation to happen between different departments. For instance‚ in order to give a correct and effective advice to clients on taxation and computation‚ members of the Audit and Assurance departments will normally consult with the team
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to suppliers. Liability (D) Bonds payable. Liability (E) Amount earned from selling a product. Revenue (F) Cost of advertising. Expense Part 2 Ex 1-8 (A) An expression about whether financial statements conform with generally accepted accounting principles. – 8 Auditors opinion (B) A business that raised money by issuing shares of stock. – 1 Cooperation (C) The portion of stockholders’ equity that results from receiving cash from investors. – 6 Common Stock. (D) Obligations to suppliers
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ACC 556 – Financial Accounting for Managers Chapter 1 Homework Due Week 1 and worth 10 points Directions: Answer the following four questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed‚ or both. Submit your homework assignment using the homework assignment link in the course shell. E1-1 Here is a list of words or phrases discussed in this chapter: 1. 2. 3. Corporation Creditor Accounts receivable 4. 5. 6. Partnership Stockholder
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