"Similarities and differences between financial and managerial accounting" Essays and Research Papers

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    fffffffffffffffffCOURSE SYLLABUS Spring 2013 Frank Stearns Riverside Community College Spring 2013 MANAGERIAL ACCOUNTING - 1B COURSE SYLLABUS MANAGERIAL ACCOUNTING - 1B Table of Contents General Information 3 1.1 Contact Information and Communications 3 1.2 Course Description 3 1.3 Learning Outcomes 3 Identification of Course/Reading Materials 3 2.1 Text and Materials 3 2.2 Internet Access 4 2.4 Web-CT / Open Campus 5 2.5 Log on Instructions 5 Course Requirements

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    Though we often think of the field of accounting as a single discipline‚ there are‚ in fact‚ several specialties that are practiced. These include financial accountingmanagerial accounting‚ tax accounting‚ cost accounting‚ international accounting and social accounting‚ among others. Of these‚ the former two classes of accounting are the most common. This paper will explore the key differences between financial and managerial accounting and discuss some of the standards of ethical conduct placed

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    Financial Accounting

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    Lecture 7 – Tutorial Questions Tutorial List: 7-1‚ 7-2‚ 7-3‚ 7-4‚ 7-5‚ 7-6‚ 7-7‚ 7-8‚ 7-9 7.1. Kristen Hope asks your help concerning an NSF check. Explain to Kristen (a) what an NSF check is‚ (b) how it is treated in a bank reconciliation‚ and (c) whether it will require an adjusting entry. 7.2. The bank portion of the bank reconciliation for Brasilia Company at October 31‚ 20X1 was as follows. BRASILIA COMPANY Bank Reconciliation

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    Knights and samurai are much more similar than we think. They have many similarities such as they are loyal to their ruler‚ follow an ethical code‚ and defend the innocent. This makes them both very similar to each other. Knights and samurai both have a strict ethical code that guides what they do in life and on the battlefield. The knights have chivalry and the samurai have the bushido. In the code of chivalry‚ the knights must be loyal to the king‚ do good‚ and protect the people. In bushido‚ the

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    not forget contribute back to society‚ and she did many charities such as she raised over $200‚000 of her wedding for charity. Challenges: · She did not have enough money for her career at the beginning. · Her fans did not accept the 26 year difference in Dion and her husband. · She had language and culture barriers. · Critics complained that she sang inexpressively. · 1993‚ Dion was deeply affected by her niece’s death. · 1999‚ her husband had been diagnosed with throat cancer. Achievements:

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    Financial Accounting

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    1. | Question : | Li Retailing reported the following items for the current year: Sales = $3‚000‚000; Cost of Goods Sold = $1‚500‚000; Depreciation Expense = $170‚000; Administrative Expenses = $150‚000; Interest Expense = $30‚000; Marketing Expenses = $80‚000; and Taxes = $300‚000; Li’s operating profit margin is equal to | |   | Student Answer: | | 25.67% |   | | | 35.67% |   | | | 36.67% |   | | | 50.00% |   | Instructor Explanation: | Operating Profit Margin = EBIT/Sales

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    Week 1 Written Assignment Statues have been used throughout history to immortalize important people‚ as well as common subjects. Depending on the purpose of the statue‚ different materials and postures were often selected to communicate these differences. For this paper we examine one example of a statue of a powerful ruler is the statue of Gudea‚ which was created around 2090 BCE in Mesopotamia. (Metropolitian Museum of Art‚ n.d.) We contrast this with a statue of the non-royal‚ statue of Memi

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    FINANCIAL ACCOUNTING

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    Chapter 6: Revenue RecognitionRead: Chapter 6 and partly 13 on warrantyIn-class exercises: BE6-7‚ EX6-11‚ EX6-9‚ EX6-16‚ EX6-18 Practice exercises: EX6-7‚ BE6-11‚ P6-1‚ P6-2‚ E13-17 There are two main conceptual views on how to account for revenues/sales: Earnings approach Contract-based approach Earnings Approach Revenues are recognized when the following criteria are met: 1. Performance is achieved: a. risks and rewards transferred and/or earnings process substantially complete‚ and

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    The Dinka and the Nuer have hated each other for as long as anyone can remember. They fight over land‚ and will even kill each other. They also steal cows from each other. Both tribes have many things in common‚ this is why they are in conflict. The Nuer and the Dinka both honor their cattle‚ and see them as a sign of wealth. They both live in the same area and use the same resources. Both tribes follow the same culture. The Nuer and the Dinka both honor their cattle. For example in source C it states

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    Y is the cost‚ a is the fixed cost element‚ and b is the variable cost per unit of activity. Several methods can be used to estimate the fixed and variable cost components of a mixed cost using past records of cost and activity. If the relation between cost and activity appears to be linear based on a scatter graph plot‚ then the variable and fixed components of the mixed cost can be estimated using the quick-and-dirty method‚ the high-low method‚ or the least-squares regression method. The quick-and-dirty

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