Chapter 1 the equity method of accounting for investments Answers to Questions 1. The equity method should be applied if the ability to exercise significant influence over the operating and financial policies of the investee has been achieved by the investor. However‚ if actual control has been established‚ consolidating the financial information of the two companies will normally be the appropriate method for reporting the investment. 2. According to Paragraph 17 of APB Opinion 18‚ "Ability
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To: Carminho Building Products Ltd From: Rodrigues Accounting Dear Sir/Madam‚ We are submitting herewith our report entitled UK Subsidiary Expansion. The main purpose of this report is to help Carminho Building Products Ltd decide the potential and suitable site for the formation of a public listed subsidiary. This report will include United Kingdom’s current financial reporting environment and other information that Carminho Building Products Ltd would need in order to make a sound decision
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contrast and take a decision on the following methods: 1. Full cost method 2. Successful effort method in the exploration and evaluation of oil and gas Solution The alternatives used in financial accounting and reporting by oil and gas producing companies have been grouped under two basic methods of accounting which are: i) The Full Cost Method ii) The Successful efforts method The Full Cost Method An accounting system used by companies that incur exploration costs for oil and natural
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howstuffworks.com/gif/scientific-method-17.jpg The scientific method is a series of steps used to identify and execute hypothesies in an attempt to clarify scientific processes. The scientific method will be applied to the following scenario: ● You arrive home late at night. You walk up to the front door‚ unlock it‚ and reach in to turn on the light switch located just inside the front door. The light does not come on! Now what? Accoring to the scientific method the first step in this situation
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Qualitative & Quantitative Research Methods PSY 326 Dr. Willow Aureala March 29‚ 2011 Qualitative & Quantitative Research Methods There are two types of research methods: qualitative and quantitative. Qualitative research methods are complex meaningful analyses characterized by processes and meanings that are not measured in terms of mathematical measurements. Quantitative research however‚ relies and builds on mathematical procedures and methods‚ such as frequency‚ quality‚ amount
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Kendall Square Research Corporation is a technology company that has recently been scrutinized for its liberal revenue recognition policies. Currently this company recognizes revenue on product sales upon written acceptance of the product. However‚ acceptance typically occurs prior to the configuration of a particular system being finalized or payment being received from the customer. According to the Generally Accepted Accounting Principles (GAAP)‚ revenue should be recognized when a transaction
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information on new hires‚ victims‚ and someone’s criminal history and among others. There is a positive and negative effect that this method could produce such as biases. If the employer is willing to use this method he will need to take the time to research the person’s answers and keep their feelings and emotions out of the questionnaire. By using the self reporting survey method the employer can get to know the applicant better and see if he or she answers the questions honestly. If the applicant does
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Which have been the key developments in your area of study in the last 20/30 years and and which developments do you think there will be in the future? Introduction General statements: Nursing is the taking charge of personal health of individuals and to put the individual in the best possible state and allow nature to act upon him.(Florence nightingale(1859) cited in Meleis‚(2006)Nursing is a sector of health care and nurses are providing care by using up to date knowledge and research to give
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Due Process Due Process of the law‚ a legal principle‚ is a guaranteed right that was provided to us by the Constitution and it simply means we have protections. These rights that are guaranteed to us are “life‚ liberty and property without a chance to defend them”; some also believe that we also have the right to a “pursuit of happiness”. (Bill of Rights). When we think about Due Process we need to think fair process or fair procedures. This practice is known as Procedural Due Process. “Standing
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1. Research methodology definition Research methodology is the philosophy or the general principle which will guide the research (Dawson C. ‚ 2007). 2. Decide the research methods 1) Thinking about purpose You need to think about the purpose of your research as this will help point to the most appropriate methods to use. 2) Qualitative research and quantitative research Qualitative research explores attitudes‚ behavior and experiences through such methods as interviews or focus groups
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