Name: Pham Quang Tu Class: advanced accounting ID : CQ534276 Michael Eugene Porter is a leading authority on company strategy and the competitiveness of nations and regions. Michael Porter’s work is recognized in many governments‚ corporations and academic circles globally. He chairs Harvard Business School’s program dedicated for newly appointed CEOs of very large corporations. Michael Porter’s core field is competition and company strategy. He is generally recognized as the father of the
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CHAPTER 3 The Accounting Cycle QUESTIONS Q3-1. Much more judgement is required for accrual accounting than for cash accounting because there is greater uncertainty at the time events are recorded in the accounting system. There is no uncertainty around the point in time when the cash is paid or collected. Accrual accounting records economic events‚ not cash flows. When an economic event occurs can be ambiguous. It’s less certain when revenue has been earned than when cash is received. It
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CHAPTER 5 Merchandising Operations and the Multiple-Step Income Statement ANSWERS TO QUESTIONS 1. (a) Disagree. The steps in the accounting cycle are the same for both a merchandising company and a service company. (b) The measurement of income is conceptually the same. In both types of companies‚ net income (or loss) results from the matching of expenses with revenues. 2. The components of revenues and expenses differ as follows: | | Merchandising | | Service | RevenuesExpenses
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Q 2.3 (Inventory Cost) A manufacturing company producing medical devices reported $60‚000‚000 in sales over the last year. At the end of the same year‚ the company had $20‚000‚000 worth of inventory of ready-to-ship devices. A. Assuming that units in inventory are valued (based on COGS) at $1‚000 per unit and are sold for $2‚000 per unit‚ how fast does the company turn its inventory? The company uses a 25 percent per year cost of inventory. That is‚ for the hypothetical case that one unit of $1‚000
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Rome’s location contributed to its success in unifying Italy and all the lands bordering the Mediterranean Sea. Agriculture was essential to Rome and was the source of most wealth. Social status‚ political privilege‚ and fundamental values were related to land ownership. The heads of families who were able to acquire a large profit of land were members of the Senate—“Council of Elders” that played a central role in Roman politics. The Republic was not a democracy in the modern sense. In Rome‚ the
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Supplier manual for the logistics concept of Volkswagen Group of America Chattanooga Operations‚ LLC Volkswagen Group of America Chattanooga Operations‚ LLC 605 Chestnut Street Chattanooga‚ TN 37450 U.S.A. Version 1.0 Version: December 2009 Contents Contents Detailed contents Document history Preface A B C D E Volkswagen production system (VPS) Contact information EDI and supplier portal Severability clause Glossary VWGoA Chattanooga Operations‚ LLC – All rights reserved Version 1.0
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THE MANUAL EPICTETUS The Handbook is a guide to daily life. Epictetus focuses his attention on how to practically apply oneself on a philosophical level. The primary theme in this short work is that one should expect what will happen and wish it to happen so. The other motif that appears is Epictetus’ opinion on the judgment of events: What upset people are not things themselves‚ but their judgments about the things. For example‚ "death is nothing dreadful or else it would have appeared dreadful
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A Library Management System For Malinta National High School In Valenzuela City In Partial Fulfillment To the requirements of Technical Documentation and Presentation Skills In ICT Submitted to: ASSOC. Prof. Iluminada Vivien Domingo‚ DBA Submitted by: Paraños‚ Philip C. Tanyag‚ Adriano Miguel July 9‚ 2014 TITLE: A Library Management System for Malinta National High School in Valenzuela City KEYWORDS: 1. ADDING – Adding new books in the records
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CHAPTER 9 DEDUCTIONS: EMPLOYEE AND SELF-EMPLOYED-RELATED EXPENSES SOLUTIONS TO PROBLEM MATERIALS | | | | |Status: | Q/P | |Question/ |Learning | | |Present |in Prior | |Problem |Objective |Topic
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OKLAHOMA STATE UNIVERSITY LABORATORY SAFETY MANUAL Prepared by: OSU Environmental Health & Safety 120 Physical Plant Stillwater‚ OK 74078-0113 405-744-7241 December‚ 1999 This document describes the Chemical Hygiene Plan for (department or laboratory name‚ building‚ room number(s) ) at Oklahoma State University‚ as required by Title 29 Code of Federal Regulations Part 1910‚ Subpart Z‚ Section .1450 (29 CFR 1910.1450)‚ "Occupational Exposures
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