ACCT 421A: CORPORATE TAX : Chapter Sixteen DISCUSSION QUESTIONS 5. How are farmers treated differently from other producers in regard to tax accounting? Since farmers are usually allowed to use the cash method of accounting‚ the UNICAP rules do not apply to farmers‚ except in the case of plants with a reproduction period of more than two years. The farmer can elect to use the farm price method of the unit-livestock-price-method. A farmer may also elect to average the income from farming
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Week 3: Accounting for Intangible Assets Introduction Change from a manufacturing to a “knowledge based” industry Increase market to book gap Intangible Assets play a major role Assets: Definition * Resource controlled by an entity as a result of past events from which future economic benefits are expected to flow to the entity Assets Recognition Criteria * Recognition Criteria * Under AASB Framework (par 89) an asset is to be recognised in the balance sheet only when * It
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P4-Outline key legalisations and regulations which govern safeguarding P5- Outline working strategies and procedures used in health and social care to reduce the risk of abuse The Safeguarding Vulnerable Groups Act 2006 states that all those who carry out or apply for positions to carry out regulated activity (whether as paid or voluntary work) under this legislation must be checked through the Disclosure and Barring Service
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Toolkit For Activity 3a HSC Number 3a Task type: Reflective Account/Personal Statement Level: 5 Pathway: Task reference: Task name: Unit 13 Unit 17 Tool kit Contents: 1) Definition of a Reflective Account and tips to help completion 2) Activity Brief 3) Activity referencing (office use) 4) Useful links from the Internet 5) Useful referencing from QCS Management System 6) Evidence sheets for your answers 7) Activity Guide 8) Referencing tips Definition of Reflective Account/Personal Statement:
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Accounts receivable are one of a company’s least liquid assets. FALSE 76. The two accounting problems with accounts receivable are: (1) recognizing and (2) disposing. True? 77. Receivables are valued and reported in the balance sheet at their gross amount less any sales returns and allowances and less any cash discounts. FALSE 78. The allowance
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Rational behaviour. Efficient markets in that prices for shares and debt will adjust instantly to changes in the business. Price protection in that markets will continually and accurately adjust prices to reflect managerial actions. The Agency Problem The Agency
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Unit 1 – The Business Environment Assignment: 2 (P3) (P4) Both businesses BP and the BBC have organisational structures. The reason of an organisational is to put in order the workforce to make sure that the organisation is capable to complete vital tasks and goals. Creating a structure with clear roles‚ functions and levels of authority and systems help make sure employees are working together as a team to accomplish everything the business must do. The term span of control is the number
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CHAPTER 3: BIOLOGICAL BASES OF BEHAVIOR 3ANEURAL COMMUNICATIONSNEUROTRANSMITTERS ORIGINS OF STUDYING THE BRAIN Plato believed the mind was located in the spherical head Aristotle believed mind was located in the heart Phrenology – Studying bumps on the head to reveal a person’s mental abilities and character traits‚ Invented by Franz Gall in 1800s PSYCHOLOGY AND BIOLOGY Everything psychological is simultaneously biological Biological Psychology – branch of psych that studies links between
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P4: “Plan the tools and equipment needed to produce welded components safely using a selected welding process” What is MIG welding? MIG welding which stands for Metal Inert Gas‚ also known as Gas Metal Arc Welding (GMAW) is a welding process in which an electric arc forms between the wire electrode and the metal work piece. This then heats the metal work piece as well‚ causing them to melt and join together. Along with the wire electrode a protective gas called shielding gas is fed through the welding
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University of Phoenix Name XACC/280 Week four checkpoint Date Checkpoint: Besides the general journal‚ there are four different special journals; the Sales Journal‚ the Cash Receipts Journal‚ the Purchases Journal‚ and the Cash Journal. The Sales Journal records all sales of merchandise on account‚ cash and credit sales not included. The advantage of the sales journal is that it is time saving and easy because not every transaction has to be singled out‚ total can be reported instead
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