"Revenue recognition" Essays and Research Papers

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    Fingerprint Based Attendance

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    WIRELESS FINGERPRINT BASED STUDENT ATTENDANCE SYSTEM A thesis submitted in partial fulfillment of the requirements for the degree of Bachelor of Technology in Electrical Engineering by Debidutt Acharya(10602015) and Arun Kumar Mishra(10602061) Under the guidance of Prof. Susmita Das Department of Electrical Engineering National Institute of Technology Rourkela-769008 2010 WIRELESS FINGERPRINT BASED STUDENT ATTENDANCE SYSTEM A thesis submitted in partial fulfillment of the requirements

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    ACCT1511 QUIZ 1

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    next year. Cost of goods sold is recognised at 50% of the sales. (a) Year-end liability and expenses for the year: Liabilities: $10‚000 Expenses: $30‚000 (b) Journal entries: Dr Cash $70‚000 Cr Unearned Revenue/Deposit $70‚000 Dr Unearned Revenue/Deposit $60‚000 Cr Sales Revenue $60‚000 Dr COGS $30‚000 Cr Inventory $30‚000 (3) CoinRich Ltd.’s has a warranty plan. The estimated warranty liability is 10% of cost of goods sold‚ and cost of goods sold for this year was $30‚000. By the

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    Earnings Managements

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    Instructor’s Manual—Chapter 11 CHAPTER 11 Earnings Management 11.1 Overview 11.2 Patterns of Earnings Management 11.3 Evidence of Earnings Management for Bonus Purposes 11.4 Other Motivations for Earnings Management 11.4.1 Other Contracting Motivations 11.4.2 To Meet Investors’ Earnings Expectations and Maintain Reputation 11.4.3 Initial Public Offerings 11.5 The Good Side of Earnings Management 11.5.1 Blocked Communication 11.5.2 Theory and Empirical Evidence

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    CHAPTER 3 The Accounting Information System ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics Questions 1. Transaction identification. 1‚ 2‚ 3‚ 5‚ 6‚ 7‚ 8 2. Nominal accounts. 4‚ 7 3. Trial balance. 6‚ 10 4. Adjusting entries. 8‚ 11‚ 13‚ 14 5. Financial statements. 6. Closing. 12 7. Inventory and cost of goods sold. 9 8. Comprehensive accounting cycle. *9. Brief Exercises Exercises Problems 1‚ 2 1‚ 2‚ 3‚ 4‚ 17 1 2‚ 3‚ 4 1‚ 2‚ 7‚ 8 5‚ 6‚ 7‚ 8‚ 9‚ 10‚ 20 1‚ 2‚ 3‚ 4

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    Boston Chicken, Inc.Draft

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    dual-income families who don’t have enough time to have a quality lunch. ○3. Franchise expanding. The company’s expanding is a area developer franchise model‚ which means largely massive expanding. The franchise fee is a main resource of the company’s revenue. But this factor must base on the stable profitability and sustainability of all three kind of restaurants —— company-owned‚ financed area develops‚ and non-financed area develops and others. ○4. Technical and Computer bases is a another special

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    million compared to RM 213.46 million‚ while revenue declined to RM1.41 billion from RM1.47 billion a year ago. SP Setia Berhad’s net profit for the ended 31 October 2009‚ fell 20% to RM171.23 million from RM213.46 million a year ago. This is mainly due to inclusion of profit recognised on the disposal of its 25.07% interest held in Loh & Loh Corporation Berhad amounting to RM26.9 million a year ago. However‚ the effect was partially palliated by the recognition of profits on the disposal land of Greenhill

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    ACC 205: Week Two Exercise Answers Revenue and Expenses 1. Recognition of concepts a. Accrued Expense b. Accrued Revenue c. None of the foregoing d. Unearned Revenue e. Prepaid Expense f. Prepaid Expense g. None of the foregoing h. None of the foregoing 2. Understanding the closing process a. Note Payable‚ Accounts Receivable‚ Accumulated Depreciation: Building‚ Accounts Payable‚ Cash b. Product Revenue‚ Utility Expense‚ Supplies Expense c. Utility Expense‚ Supplies

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    Competitive Advantage

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    cost producer. Raw materials form the majority of PCG cost of revenue. PCG competitive advantage is‚ it has access to very low cost natural gas compared to its competitor‚ which in turn‚ means a higher gross profit margin. 2) PCG is backed by PETRONAS group‚ which also owns other 4 PLC units: i) MISC Bhd ii) Petronas Dagangan Bhd iii) Petronas Gas Bhd iv) KLCC Property Holdings Bhd This shows a strong support and wide recognition for PCG for its better operations‚ management and resources

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    accounting

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    economic events that affect a company’s financial position. Three measurement issues must be resolved before a business transaction is recorded.    Recognition issue—When should the transaction be recorded? For e.g. A sale is recognized when title passes to the buyer‚ regardless of when payment is received (recognition point). Valuation issue—What dollar amount should be recorded? At the exchange price (historical cost) unless there is evidence that the fair value has changed

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    Embedded Intelligent System

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    in a complex environment. Hence‚ Embedded Intelligent Systems are embedded systems which execute intelligent systems algorithms. Examples are microcontroller in autonomous robots‚ in or in mobile phones with advanced functions such as speech recognition. The microcontrollers involved must provide interfaces such as A/D converters and PWM (pulse width modulation) for data exchange with sensors and actuators in order to interact with the environment. The main components of a device controlled

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