part of the experience and that they were young enough to enjoy the life. Alex feeling at ease with Tony was convinced and took his share of the drugs. Clearly‚ his best friend convinced Alex to take some drugs. Alex knew the idea was bad. But Tony has been his best friend since they were in elementary and Alex trusted what his best friend said. In this scenario trustworthiness was used to convince and change Alex’s mind about the use of some drugs. He trusted what his best friend said‚ not thinking
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1. According to the cost allocation methods used in the company’s accounting system that are described in the Production Cost Report‚ if a company employs 100 PATs at a total labor cost of $15‚000‚000 (including wages‚ fringes‚ incentives‚ overtime‚ training‚ and severance expenses)‚ assembles and ships 800‚000 entry-level cameras and 200‚000 multi-featured cameras over the course of a year‚ has revenues of $100 million from sales of entry level cameras‚ and revenues of $150 million from the sale
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“What evidence is there to support Alfred Wegener’s theory of continental drift?" Alfred Wegener‚ born November 1st 1880‚ was a German scientist who took a great interest in meteorology and paleoclimatology and in 1905 graduated from the University of Berlin with a Ph.D. in Astronomy. His most notable work was the theory of continental drift. However his theory was highly controversial at the time as he had little evidence‚ but as technology enhanced neumerous discoveries were made which helped
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raised by the transformation from U.S. Generally Accepted Accounting Principles (US GAAP) to International Financial Reporting Standards (IFRS) in the timber industry. I will cover the following topics: different accounting treatment under U.S. GAAP and IFRS‚ the influence on investment decisions‚ Plum Creek’s reason for the opposition against transformation‚ and conclude with my preferred accounting treatment under different roles. ACCOUNTING TREATMENT The concern is mainly on recognition of the
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’Conservatism supports pragmatism over principle.’ Discuss Pragmatism is the belief that behaviour should be shaped in accordance with practical circumstances and goals rather than principles‚ beliefs or ideology. Pragmatism is a flexible approach to politics. To a large extent it is true that Conservatism supports pragmatism over principle. Conservatism is not a doctrine of ‘no change’ or one that treats its own principles as external and fixed. Conservatism instead has a pragmatic view of politics
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Grace Luo‚ it should not be recorded in the company’s book. (3 marks) • Accrual Concept (or Matching principles) – which states that expenses once incurred must be recorded in the book disregard if payment been made or not. All expenses incurred last year must be recorded as to match the revenue concurrently earned during the year. (3 marks) • Full disclosure principle which requires that events that make a difference to financial statement users must be disclosed. The hiding
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bar stools‚ 4 tables‚ 40 chairs‚ 4 television sets‚ one satellite dish‚ oven‚ stove‚ grill‚ refrigerator‚ sinks‚ dishes‚ and glassware. Financial capital resources: $50‚000 of her own money and $150‚000 from the bank. Joe Fixit has an appliance repair business. He has more business than he can handle and wants to hire another repair person. Joe estimates that three appliances can be repaired each hour by a qualified person. Joe bills out labor at $45 per hour‚ but he stipulates that the minimum
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life stages. Immanuel Kant‚ says “the human understanding is the source of the general laws of nature that structure all our experience; and that human reason gives itself the moral law‚” Based on his theory morality come from a the experience that a person has doing his lifetime. It is the sum of these that set his values. The are three parenting that discusses this week. Authoritarian‚ Permissive‚ and Authoritative‚ each has their strength and weakness. The permissive style tends to create
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the government in North Korea. North Korea gained its independence from Japan in the year 1945. Kim Jong Il is currently the leader of North Korea. The mismanagement of economics through the 1990’s has made North Korea rely heavily on international aid to feed its population. North Korea has expanded their resources to help develop a military of about one million soldiers. (Central Intelligence Agency) “North Korea’s long-range missile development‚ as well as its nuclear‚ chemical‚ and biological
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DETERMINING THE COST OF MATERIALS An important area of materials accounting is the costing of materials requisitioned from the storeroom for factory use. The unit cost of incoming materials is known at the time of purchase. The date of each purchase is also known‚ but the materials on hand typically include items purchased on different dates and at different prices. Items that look alike usually are commingled in the storeroom. As a result‚ it may be difficult or impossible to identify an issue
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