There are various methods in the accounting world used to keep track of inventory and cost of goods used. FIFO stands for first in first out method which is the opposite of LIFO‚ last in first out. Both methods have disadvantages and advantages when it comes to tax time or preparing a financial statement for the investors. As the name suggest‚ FIFO will account inventory that came in first will be sold first. This method is effective for companies selling products with expiration dates. Obviously
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FINS 5550 / FINS 3650 — International Banking Recap 04A — Credit Transformation and Credit Risk Credit Risk More than eighty percent of the average bank’s capital is held against credit risk. If credit risk accounts for >80% of the bank’s inventory cost‚ it’s a fair bet that credit transformation accounts for a similarly large portion of bank profits. Credit risk arises whenever the bank has an exposure which requires a counterparty to remit funds. The exposure can arise from a loan or loan-type
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This document of BSHS 342 Week 1 Quiz includes: Describe the meaning of human development with substantial content‚ and explain some of the factors that have stimulated research in this area. In a few brief paragraphs‚ explain who Jean Piaget was‚ and why he is important in Human Development. Compare and Contrast in a few brief paragraphs Vygotsky and Bronfenbrenner. What do the letters APGAR mean and what are they used to describe? Explain a few brief paragraphs how babies learn
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Week 1 quiz Week 1‚ Quiz 1 Points Received 40/40 (100%) 1. Total cost equal the fixed cost plus the variable cost per unit divided by volume • True • False 2. Objective probabilities that can be stated prior to the occurrence of an event are • Subjective • A priori • Classical or a priori • None of the above 3. An experiment is an activity that results in one of several possible outcomes. • True
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CLICK TO DOWNLOAD ANSWERS STR 581 Week 1 Quiz 1. The strategic decision makers in the firm are responsible for 2 .Judging the appropriateness of a particular action based on a goal to provide the greatest good for the greatest number of people is what ethics approach? 3. Which level of strategy uses a portfolio approach? 4 . For the past 28 years‚ ABC‚ Inc. has made a significant investment of time‚ money‚ and other resources to increase the literacy rate in adult Americans. This represents
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Associate Level Material Open-Book Philosophy Quiz After reading this week’s required readings‚ take this open-book philosophy quiz. Answer the following questions in paragraph form. This is a short-answer worksheet‚ not an essay composition. 1. What is philosophy? Include a brief description of the different branches of philosophy According to our reading this week‚ philosophy comes from the Greek philein‚ which means “to love‚” and Sophia‚ which means “knowledge” or “wisdom.” The Greeks thought
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Describe & analyze how the influence of culture played a role in the negotiations The Affordable Care Act is designed to expand insurance coverage‚ control costs‚ and target prevention (Gable‚ 2011). The government is targeting adults aged 19-64‚ since their access to health care and use of health services deteriorated between 2000 and 2010‚ particularly among those who were uninsured (Kenney‚ McMorrow‚ Zuckerman‚ & Goin‚ 2012). The goal is to reduce the number of uninsured adults through a Medicaid
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Strategic Plan‚ Part III: Balanced Scorecard Laurie Waldrep BUS/475 June 11‚ 2013 Dr. Koshy Joseph-Vaidyan Strategic Plan‚ Part III: Balanced Scorecard The Balanced Scorecard is a technique used in strategic planning and management system used comprehensively worldwide in business management‚ government entities and non-profit organizations to align the organizational performance to the corporate vision and its strategic goals. It is “A set of four measures directly linked to a company’s
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Can we connect the dimension of masculinity versus femininity to the two key forms of negotiations? Could it also be connected to other dimensions such as individualism and power distance? As already noted‚ this dimension is not about gender roles per se‚ but rather about characteristics typical of masculine and feminine approaches and attitudes toward dispute resolution. Masculinity (MAS) v. Femininity Hofstede’s Masculinity dimension focuses on the degree to which a culture reinforces traditional
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DQ 1 Week4 You notice that your accounts receivable days outstanding have doubled in the first 6 months. Do you give someone a bonus or put him or her on probation? Why? Just because the accounts receivable days outstanding have doubled in the first 6 months does not mean that someone gets a bonus or is put on probation. There is not enough information given in this question to warrant such action. This type of action is jumping to conclusions and assuming without the evidence to substantiate
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