Client Clarification Memo Sammy Shelton ACC/541 – Accounting Theory and Research July 23‚ 2011 Memo To: Client From: Team B Date: August 6‚ 2012 Re: The Financial Accounting Standards Board (FASB) defines a contingency as a possible future event that will have some impact on the firm. The decision to report contingencies should be based on the principle of disclosure. Namely‚ when the disclosure of an event adds to the information content of financial statements‚ it should be reported
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Cash Control and Cash Budgets Budgeted Income Statement and Budgeted Balance Sheet What is a Budgeted Income Statement? An estimate of expected revenues and expenses for a business‚ over a specific time period i.e. 1 year‚ 1 month or a specific event. What is a Budgeted Balance Sheet? An estimate of a business ’s financial position (assets‚ liabilities and owners equity) which can be produced for both the start and end of a period of time (i.e. a year) or for a special event when preparing
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The Advantages and Disadvantages of 7 Days Inn As a typical budget hotel‚ Seven Days Group Holdings Limited established in 2005 and now‚ more than 1000 Seven Days Inn have scattered all around the China (Zhang‚ 2012). I registered to be a member of 7 Days Inn two years age‚ and have already lodged in three branch stores in different cities during my travels. Budget hotels are considered as 1 star hotel because they provide lodging at cheaper price varies from 30$-40$ per room per night. The main
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Illinois State government. The schools are being forced to make budget cuts. The teachers at the schools are being forced to take furlough days‚ which are day they have take off with out a pay. The cause of all of these actions is due to the major debt the State of Illinois is in. The money the state should be paying the universities‚ the state is using it on other items. University of Illinois is one of the schools that has to take budget cuts. This is unfair to the University of Illinois because the
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Summary: In this memo‚ I will address Zappos’ policy to WOW customers and their hiring process and expand on why adopting this culture may not work for some companies. Every company has a unique corporate culture and business philosophy while striving to discover a competitive advantage to make it a market leader. Zappos is one such footwear company that has found its competitive advantage in “wowing” its customers by selling “happiness in a box”. Consequently‚ their business philosophy is word of
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A balanced budget will lead to a stronger economy and more jobs. Our government should try to maintain the value of dollar in the market. If the value of dollar appreciates‚ people will trust US market. This will motivate companies to invest and put more money into growth it will be longer lasting. More jobs will be created. If the value of dollar depreciates then it will lead to unemployment. People will not be able to pay for gas and food and the price will inflate more. Now the goal of our govt
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Abnormal Psychology Janelle Gunnels Psy/410 November 7‚ 2013 Stephen Hoyer Abnormal Psychology Even though abnormal psychology is a highly controversial aspect of psychology‚ often challenges define and classify normal and abnormal behavior. Abnormal psychology has evolved into a scientific discipline and several theories have advanced our comprehension of psychology through theoretical models. Abnormal psychology is defined as a branch of psychology that correlates
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http://uccess.adobe.com/en/na/programs/products/connect/1211-web-conferences.html?skwcid=TC|22191|adobe%2520connect||S|e|21117383062&ef_id=URMCbQAABVCggjQM:20140126173136:s Gerson/University of Phoenix. (2012). Chapter six: Routine Correspondance-Memos‚Letters‚ E-mail Mesages‚ Instant Messages‚ and Text Messages. Retrieved from Gerson/University of Phoenix‚ ENG/221 website. The best Web Conferencing Software. (2011). Retrieved from http://www.pcmag.com/article2/0‚2817‚2388678‚00.asp
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Diversity Memo Memo To: Supervisory Team Date: April 12‚ 2010 Re: Management Behavior Message: As part of our latest discussion of our company merger‚ we’d like to introduce the topic of workplace diversity as we enter this new environment. We are in the process of working our company expansion and my desire is that all of you take this as an exciting new venture‚ but we need your help! Everyone should be aware that their behavior will most certainly affect the productivity of their
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MEMO TO: Amos T. Caldwell‚ President FROM: Haley Hageman‚ Alese Lavacchi‚ and Matt Richardson DATE: November 9‚ 2010 SUBJECT: RECOMMENDATION FOR TERMINATION OF BRAD C. TRIGG Mr. Caldwell‚ it is evident that the expense reports of Brad C. Trigg over the past three months have been an all time high. RECOMMENDATIONS Based on the data presented below‚ we recommend the following: 1. Brad C. Trigg’s employment should be reviewed for termination. 2. No
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