The Auditors’ Objectives in Audit of Inventories and Cost of Goods Sold are to: 1. Consider internal control over inventories and cost of goods sold. 2. Determine the existences of inventories and the occurrence of transactions affecting cost of goods sold. 3. Establish the completeness of inventories. 4. Establish that the client has rights to the recorded inventories. 5. Establish the clerical accuracy of records and supporting schedules for inventories and cost of goods sold
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Pricing objectives are goals that describe what a firm wants to achieve through pricing. Pricing objectives must be stated explicitly‚ and the statement should include the time frame for accomplishing them. There are six stages of setting prices. They are developing pricing objective‚ assessing the target market’s evaluation of price‚ evaluating competitors’ prices‚ choosing a basis for pricing‚ selecting a pricing strategy‚ and determining a specific price. Cost-based pricing is adding a
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Q1. What were you able to get to work? (Illustrate with screen shots.) I (we) had to revise our orginal idea for developing a mobile application for a website as the site was not compatible with development for X-Code‚ & more specifically Objective-C language. So we switched gear and built an app for ourselves. This iPhone application (supposed to) log books that you want to read in the future (or authors‚ subject matter)‚ search it on Amazon and then store it to a list to make it viewable at
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About the Author: Diane Ravitch was George W. Bush’s assistant secretary of education and was in charge of the U.S. Department of Education’s Office of Educational Research and Improvement. She was an initial supporter of No Child Left Behind (NCLB) legislation with its focus on standards‚ testing‚ and accountability. However‚ after seeing the “corrosive effects” (p. 5) of NCLB on public education‚ she is now a strong advocate against standardized testing to judge the effectiveness of schools‚ student
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1. Purpose‚ Scope and Objectives Matriculation Assessment and Budget Projection Tool for an Academic Institution Project consists of three modules namely‚ Tuition and Miscellaneous Fee Projection Module‚ Asset Evaluation Module‚ and the Trimestral/ Semestral/ Quarter and Facilities Utilization Monitoring Module. This modules work together in order to provide needed information such as tuition and miscellaneous fee breakdown and computation. The first module of the project is “Asset Evaluation
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Training and Development The human resources department help organizations meet training and development objectives. It helps determine the training needs of the company and creates and conducts training programs for employees. HR staff members organize training manuals and determine the most appropriate method of delivering training to meet the needs of the organization. Department training specialists consult with managers and employee supervisors to assess performance improvement needs and to
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REFLECTIONS ON AMERICAN EDUCATION Amanda Ripley’s book THE SMARTEST KIDS IN THE WORLD is an elaborate study of the system in two education powerhouses: Finland and South Korea. Through exchange students‚ time spent abroad‚ and interviews with teachers and administrators in both countries‚ Ripley presents a detailed picture of the dynamics governing education‚ learning‚ and the dominant culture. Eric‚ the exchange student to Korea‚ had a change of heart about the education system in the United
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Objective function of firm: y-w-β+κ‚ for which β=ũy‚κ=dka Production Function: y=ka The objective function of firm has been added two functions based on the basic model‚ -β and +κ‚ showing the cost and the benefit of non monetary rewards respectively. They are allocated in the firm’s objective function‚ because the firm is the sender of the rewards‚ which the firm will have a cost and benefit of the reward from the worker. β is a negative function‚ since it is the cost of non monetary rewards
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Reading: Chapter 7 Watch and Learn: Mitosis http://www.youtube.com/watch?v=1cVZBV9tD-A&feature=share&list=UUEik-U3T6u6JA0XiHLbNbOw Meiosis http://www.youtube.com/watch?v=rB_8dTuh73c&feature=share&list=UUEik-U3T6u6JA0XiHLbNbOw Basic Learning objectives After completing the readings and practice exercises‚ students should be able to: Describe the process of binary fission. Describe the features and components of eukaryotic chromosomes and sister chromatids. Describe the phases of the eukaryotic
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profits and third-largest retailers in the world measured by revenues. Which it is the business that I have selected to carry out my investigations. Tesco According to the “Business Case Studies”‚ it has been mentioned that one of Tesco’s aim and objectives are to maximise sales. In order to do this‚ they will need to maintain their advertising and promotions to the public. For example‚ new products or services that are brought into the market needs to be advertised such as newspapers‚ leaflets‚ TV
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