COURSE ACCOUNTING IA CODE CAC 1107 AIM The purpose of the course is to provide an understanding of the basic concepts and techniques of accounting and their application to business management. The course covers the accounting cycle and assumes no prior knowledge of accounting. The course is intended for those who will use accounting information as managers rather than those who will prepare it as accountants. In appreciation of the question of the semantic value of accounting information
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information from the government on his expectations‚ and whether or not he was expected to do illegal crimes‚ Peter Jemley should be supported in his decision to desert his position in the U.S military. Peter has very understandable reasoning’s on why he chose not to stay in the military. Firstly‚ The Government had added new rules in which they allowed people to do what they had to do‚ in order to make the Iraqi’s give up any information needed to the U.S military. This could mean the U.S using
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effective. The second reason is that punishment might lead to a phenomena known as “counterattack” meaning that the frequency and magnitude of the maladaptive behavior may increase or change forms to other maladaptive behaviors. Skinner’s third reason to avoid punishment procedures is that simply‚ reinforcement is better. Staddon rejected and did not join Skinner in his reasoning. He provided examples in literature and the lab which countered each of Skinner’s three reasons why punishment should not
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loophole in the law allows countries to continue whaling for scientific research. At the moment Japan and Iceland are the main countries continuing this act. The act of commercial whaling should be completely banned before whales before extinct. First reason why commercial whaling should be banned is because whales could become extinct due to whaling. According to Frank Zelko‚ “Most whale species are not even close to recovering from the population crashed caused by commercial whaling” (2). Zelko also goes
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According to Nelson Mandela‚ education is the most powerful weapon which you can use to change the world. Education is a backbone to develop social and economic development of a country. There are two main arguments about college tuition should be free or not. Some argue college education should be free because they believe the lack of money should not be the reason not to go to college. The other group claims college tuition should not be free because students should pay for the education they received
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international trade and finance. Included in this wave were the efforts of companies to broaden the geographic reach of their products. Today multinational enterprises own or control production or service facilities outside the country in which they are based. Although a company can achieve MNE status through the level of control that for example Nike exercises over its manufacturers without actually owning them‚ most companies become multinationals because of some form of foreign direct investment
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One of the largest countries in the world‚ a territorial size of 9‚596‚961 square kilometers with land compromising of 9‚569‚901 square kilometers and 27‚060 square kilometers of the total territorial size being water‚ China is the fourth largest country in the world. China is located in Eastern Asia‚ bordering four of the world’s major seas and fourteen countries. These countries include Afghanistan‚ Bhutan‚ Burma‚ India‚ Kazakhstan‚ North Korea‚ Kyrgyzstan‚ Laos‚ Mongolia‚ Nepal‚ and Pakistan‚
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percentage of sales are two accounting allowance methods used to reconcile customer accounts deemed noncollectable. When allowed by generally accepted accounting principles (GAAP)‚ these two strategies are preferred over direct write-off of bad debt expenses. Percentage of receivables and percentage of sales provide a business with the ability to accurately estimate the expected bad debt losses they will have in each succeeding fiscal reporting period." Percentage of sales method is a good way to see an
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Homework Week 2 Exercise E1-1 SEC – K Audit – G Sole Proprietorship – I Corporation – E Accounting – A Accounting Entity – D Audit Report – J Cost Principle – F Partnership – C FASB – L IASB – H Unit of Measure – B GAAP – N IFRS – M E1-2 Accounts receivable – Asset Cash and cash equivalents – Asset Net sales – Revenue Notes payable – Liability Taxes payable – Liability Retained earnings – Stockholders’ Equity Cost of products sold – Expense Marketing‚ administrative
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the premise of “in-use” or “in-exchange”. 3. Determine the fair value recorded for the intangible assets. Applicable accounting pronouncement ASC 805-20-25 Business Combinations-Identifiable assets and liabilities and any non controlling interest-Recognition Recognition Conditions 25-2 To qualify for recognition as part of applying the acquisition method‚ the identifiable assets acquired and liabilities assumed must meet the definitions of assets and liabilities in FASB Concepts
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