shown in this movie. In this movie‚ the main character‚ John Q‚ struggles for his son to get the treatments in the hospital although he has no money to pay it. He believes that insurance should cover his son‚ but in fact the insurance would not covered. Finally John was successful to declare that there should be equality between classes and that human’s life is more important that wealth or money. The movie’s main character is John Q. Archibald (Denzel Washington)‚ a working class factory stiff
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← Abstract Faced with various issues of international accounting in cultural‚ economic‚ ethical and social level‚ after comparing US with China about the GAAP‚ analyzing the differences and difficulties in global accounting standard‚ it’s necessary to separate different accounting standards because of the diversification in different countries‚ it shows that accountancy professions play an important role in capital market‚ which can provide useful‚ relevant and reliable information to interested
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------------------------------------------------- Subject: Managerial Accounting Case 1 Seligram In the Seligram case‚ the existing cost accounting system measured two components of cost: direct labor and burden. All burden cost‚ which is the overhead‚ was grouped into a single cost pool and was calculated only by using a burden rate per direct labor dollar. This may cause problems since direct labor and overhead are not consumed by the products in the same proportion. Simply using the same burden
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Annie Stevenson Foundations of Social Psychology 9th October 2014 To what extent‚ if any‚ does the concept of de-individuation explain group behaviour? Group behaviour is inevitably a challenging element of social psychology to be explained. Although many theories and ideas exist surrounding group behaviour‚ the focus of this particular essay will be to explain the behaviour of groups through the concept of de-individuation. According to Diener in ‘The Psychology of Group influence’ (edited by Paul
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Introduction to Accounting Accounting is a profession used to make financial and business decisions. Billions of dollars exchange hands every day‚ in millions of separate business transactions. These are recorded and reported on using a comprehensive set of guidelines‚ referred to as Generally Accepted Accounting Principles (GAAP). Brief History of Accounting Accounting was born before writing or numbers existed‚ some 10‚000 years ago‚ in the area known as Mesopotamia‚ later Persia‚ and today the
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P4-39 a) Net Operating profit after Taxes (NOPAT) * NOPAT2011= 2114-714-2 +(51-87)*.37 * NOPAT2011=$1389 b) Net Operating Assets (NOA)= Operating Assets- Operating Liabilities * NOA2011= (17849-1103-22) - (8663-557-441)- 1183 NOA2011= $7876 * NOA2010= (18302-1826-90) – (8978-663-35) – 1256 NOA2010= $6850 c) RNOA2011= NOPAT/ AVG NOA * RNOA2011= 1389/((7876+6850)/2) RNOA2011= 18.86% NOPM2011= NOPAT/SALES * NOPM2011= 1389/50272 NOPM=2.76% NOAT2011=
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TUI University ACC 403 Mod 1 CA March 8‚ 2013 Part I. Generally Accepted Accounting Principles (US GAAP) The common set of accounting principles‚ standards and procedures that companies use to compile their financial statements are called Generally Accepted Accounting Principles. GAAP are a combination of authoritative standards (set by policy boards) and simply the commonly accepted ways of recording and reporting accounting information. “Published accounts have to follow the GAAP
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The basic accounting concepts have defined the conception of the preparation of financial statements and the process of preparation in the UK is well regulated. But financial accounting requires a fair amount of flexibility in some certain areas‚ so the need of judgements and estimations for accounts preparers is demand. Meanwhile it leaves a significant approach in accounting treatments. For example‚ when organizations decide which of several inventory valuation methods to utilize; managers make
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Analyze the differences between ethical concepts‚ principles‚ theories‚ and tradition Mizzoni (2010) explains that understanding the distinction between ethical concepts‚ principles‚ theories‚ and traditions is part of the framework that may help one answer the philosophical problem about right and wrong. These terms will be briefly described and analyzed below. Ethical concepts Ethical concepts are described as the most basic building blocks of ethics (Mizzoni‚ 2010). They are thoughts or notions—
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Auditing Theory 1. A control which relates to all parts of the EDP system is called a(n) a. Systems control c. Applications control b. General control d. Universal control 2. Which of the following is not an output control? a. Proper authorization of transaction b. Control totals c. Check digits d. Adequate documents 3. Should the auditor feel‚ after obtaining an understanding of the EDP internal control structure‚ that
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