Accounting ReportJosephine SpeignerBCOM/230May 8‚ 2014Professor Fran CarterAccounting ReportTo: Marketing Manager From: Account Manager Attention: John‚ Marketing Manager; report of the Accounting Manager I have performed the duties of Accounting Manager to ABC Company for the year ended 31 December 2013 as requested by you. The annual financial statements listed below are the responsibility of the members. No audit is required and no audit was conducted. Accordingly‚ I do not imply or express
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Internal managerial accounting systems are used to provide great information so that the management team can make great decisions. According to http://smallbusiness.chron.com/objectives-internal-managerial-accounting-systems-20945.html manufacturing plants uses these systems to help in costing and managing the manufacturing process. The main objective is to make an internal managerial accounting system provide the information to the mangers so that they can make good sound decisions. The goal is
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Managerial Accounting Vs Financial Accounting Resources carbon.cudenver.edu/~gcolbert/6550.ch12.pdf MANAGERIAL ACCOUNTING AND COST-VOLUME-PROFIT Managerial Accounting Contrasted to Financial Accounting. Managerial accounting supports Managerial Accounting vs. Financial Accounting cob.ohio-state.edu/~bentz_1/525/problems/Finvsmgrl.doc Bentz Financial vs. Managerial Accounting in which financial accounting and managerial accounting are alike in which managerial accounting seems to differ from
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situations‚ indicate whether the first or second type of evidence/audit procedure is more reliable. Provide a rationale for your choice. (8 marks) B. Inspection of records and documents relates to the auditor’s examination of entity accounting data and corroborating audit evidence. One issue that effects the reliability of documentary evidence is whether the documents are internal or external. Following are examples of documentary evidence: 1. Duplicate copies of sales invoice
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2 Company Operations Tutorial Solutions Chapter 3 Company operations Review Questions 11. When do dividends become a legal debt of the company? When are they to be recognised as liabilities? Where a company has a constitution that provides for directors to declare a dividend‚ then a dividend becomes a debt of the company once the dividend is declared. Where no such statement exists in a company’s constitution‚ then the debt will only arise when the time for payment of the dividend arrives. However
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University of Washington – ACCT 225 – Intro Managerial Accounting Midterm 2 Study Guide Below is a list of some of the things you should definitely be familiar with for Midterm 2. It is not intended to be a complete list. Rather‚ this should be used a supplement to the studying you were otherwise doing. Chapter 7 Under variable costing‚ only those manufacturing costs that vary with production quantity (output) are included as product costs. This would typically include direct materials‚ direct
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Short Answer Final Exam 2)- Inclusion for those who have disabilities have caused issues and disagreements between professionals and parents. There are reasons why deaf students should not be included in a general education classroom. The first being that general education teachers do not have the training nor the resources to give these students an appropriate education. The second is the simple fact that communication is a major factor in the development of a child. Cognitively and socially
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Name__________________ ID _______________________ Midterm Exam MBA501 There are 25 multiple choice questions and each question is worth 3 points. 1) Until recently you worked as an accountant‚ earning $30‚000 annually. Then you inherited a piece of commercial real estate bringing in $12‚000 in rent annually. You decided to leave your job and operate a video rental store in the office space you inherited. At the end
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1 The differences between managerial accounting and financial accounting can be distinguished through 5 aspects: a) Primary Users of Reports In managerial accounting‚ the information will be use within the organization‚ by the employees and managers‚ where else in financial accounting‚ the information in the reports will be used by external parties such as banks‚ creditors and shareholders. b) Types and frequency of the reports. In managerial accounting‚ the information is reported
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Study Period 2 Examination Paper 2013 School MGN Subject Area & Catalogue number BUSS 2043 Paper 1 Course Name Foundations of Human Resource Management Student ID Given Name/s Surname If you are required to use a calculator‚ please note the make and model here Brand Model Official Reading Time: 10 minutes Writing Time: 2 hours NESB Time: 20 minutes Instructions to Candidates: SECTION A is found on page 2 and Section B on pages 3-9 inclusive. The examination
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