Module 5 Homework + Answers Total Points: 40 Chapter 6 1) Credit terms of "2/10‚ n/30" mean that if payment is made in two days‚ a 10% discount will be given; if not paid within two days‚ the full invoice price will be due in thirty days. True or False Answer: The "2/10" means that a 2% discount is given if the payment is made within 10 days. 2) Flyer Company has provided the following information: Cash sales‚ $150‚000 Credit sales‚ $450‚000 Selling
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STARTING POINT: Steve Jobs‚ Synchronicity‚ Connecting the Dots & Trust Answer these questions before you watch the video: a) How do you think we can achieve success in life? b) Do you consider academic life the best way for a promising future? c) “We learn when we fail” Comment on this sentence. ORAL DISCUSSION Question #1. How has chance played a role in your very existence? When you ponder this question you literally become free. I’m sure you recognize you had no responsibility in the matter
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Question1 The Project Scope Management Plan manages all of the following EXCEPT: | Resource requirement updates | | | Process of Verify Scope | | | Process to develop Work Breakdown Structure | | Question2 According to PMBOK®‚ which of the following is an important output of the Define Scope Process? | Project Scope Statement | | Question3 The Project Scope will be broadly described early in the project‚ and made more explicit and detailed as the project team develops
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PTS: 1 5. The accounts payable department reconciles the accounts payable subsidiary ledger to the control account. ANS: F PTS: 1 6. The use of inventory reorder points suggests the need to obtain specific authorization. ANS: F PTS: 1 7. Proper segregation of duties requires that the responsibility approving a payment be separated from posting to the cash disbursements journal. ANS: T PTS: 1 8. A major risk exposure in the expenditure cycle is that accounts payable may be overstated
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*INTERVIEW OF RUTH SIMMONS Web address: http://video.pbs.org/video/2227537695 Who is she today and what is her occupation? President of brown university Where was she born? When? Grapeland TX 1940 What did her parents do? How many people were in her family? They were share croppers 14 What was her life like as a little girl? Explain in several sentences. Also‚ include the specific details of sensory imagery she uses to enhance her description
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Exploring the Life of Steve Trostle Paper Outline A. Introduction: 1. Introduce Steve Trostle 2. Background Information 3. Interview I. Lawyer 1. Job/ occupation 2. Occupational Outlook Handbook 3. Negative/Positive Aspects II. Druglords 1. Ricky Ross “Freeway” 2. Crooked lawyers 3. Drug trafficking B. Conclusion: Restate my thesis and close everything up. C. References Exploring the Life of Lawyer Steve Trostle Who is Steve Trostle? Steve Trostle is currently
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Name : Ronesha Rosal Subject : Principles of Accounts Name of project : Study of accounting procedures of B+M School : Corpus Christi College School number : 160013 Candidate’s number : 160013 Teacher’s name : Ms. Valentine Date submitted : ACKNOWLEDGEMENTS I would like to take this time to thank Table of Contents INTRODUCTION AIMS ACCOUNTING CYCLE Source documents Subsidiary journals
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member of the global financial giant ING. By the estimates of December 2010‚ ING ’s total assets exceeded 1247 billion euros‚ with an underlying net profit of 3893 million euros‚ employed around 105000 people‚ serve over 85 million customers‚ across 40 countries. Its mission is to become a leading‚ global‚ client-focused‚ innovative and low-cost provider of financial services through the distribution channels of the client ’s preference in markets where ING can create value. (ING‚ About Overview) Awards
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Accounting Project SHAREHOLDER’S FUNDS Shareholders’ funds are the balance sheet value of the shareholders’ interest in a company. For company (as opposed to group) accounts it is simply all assets less all liabilities. For consolidated group accounts the value of minority interests should also be excluded. The addition of minority interests gives us “shareholders’ fund including minority interests”. A further adjustment gives us total equity. SHARE CAPITAL The capital collected by a joint
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Chapter 1 Answers to End of Chapter Questions 1. Agency Problems of MNCs. a. Explain the agency problem of MNCs. ANSWER: The agency problem reflects a conflict of interests between decision-making managers and the owners of the MNC. Agency costs occur in an effort to assure that managers act in the best interest of the owners. b. Why might agency costs be larger for an MNC than for a purely domestic firm? ANSWER: The agency costs are normally larger for MNCs than purely domestic firms for the following
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