Week One Exercise Solutions -Set B 1. Recognition of normal balances The following items appeared in the accounting records of Triguero’s‚ a retail music store that also sponsors concerts. Classify each of the items as an asset‚ liability; revenue; or expense from the company’s viewpoint. Also indicate the normal account balance of each item. Classification Normal Balance a. Amounts paid to a mall for rent. E Debit b. Amounts to be paid in 10 days to suppliers
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responsibility for establishing auditing standards for public companies‚ while the Auditing Standards Board (ASB) of the AICPA establishes auditing standards for private companies. The ASB previously had responsibility for establishing auditing standards for both public and private companies. Existing auditing standards were adopted by the PCAOB as interim auditing standards for public company audits. 2-10 For the most part‚ generally accepted auditing standards are general rather than specific. Many
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Hello! Thank you for your submission this week. Here is some feedback to help you assess your assignment contribution versus what was expected in this assignment. Please see the following as a guide for how your responses measured versus the ideal answers to this activity. Assignment: News Media‚ Option 1: Toolwire® Learnscape Credibility and Impact Purpose of Assignment: In this Learnscape‚ students take on the role of Deputy Speech Writer for Senator Owen Johnson. Students use the Internet
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Adley—Week 1 DQ 2 Participatory Reply Vertical development is both more lucrative and riskier for the developer‚ and therefore‚ complementary with financial theory that the greater the risk‚ the greater the return. In general‚ a vertical project will add significantly more multiple of value than a horizontal project. That is‚ with each addition of a developmental component and/or activity more value is created‚ ultimately making the project more lucrative. Conversely‚ horizontal development creates
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Week One DQ 1 Consider how an organization must manage cash‚ receivables‚ and inventory. Which of the three variables is the most important to manage? Is one more susceptible to fraud and errors than the others? Explain your answer. How would a misstatement in each affect the organization? Cash is the most important to manage‚ because it is what keeps the company going. According to Kieso‚ Weygandt‚ and Warfield (2007)‚ cash is the asset most susceptible to improper diversion and use
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Maria Saavedra ECT122 Week 1 05/07/2014 Chapter 1Chapter 2 Chapter 3 Practice Problems *(Be sure to put the units in; volts‚ amps‚ etc.) 1.One coulomb of charge passes a point every 20 seconds. Calculate the value of the current through the point. I=Q/t = 1C/20s = .05C/s= .05 A x10^-3 C = 50mA 2.A total charge of 2.5 × 10-3 C passes a point every 40 seconds. Calculate the value of the current through the point. I=Q/t =0.0025C/40s= 6.25 C/s = 6.25 A 4.A total charge of 50 × 10-3 C passes a point
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4.2.2 Quality Manual The quality manual consists of the following: i. Brief information about the University Institute of Management Sciences‚ its objectives‚ vision and mission. ii. Quality Policy‚ Quality objectives and UIMS Quality Management System. iii. Explanation about the guiding principles of UIMS based on ISO 9001:2008 standard requirements in “Teaching and Learning” including library and computer lab services. The objectives of Quality Manual are i. To explain the organization’s
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Reflective Summary: Week 1 Reflective Summary: Week 1 When the word management is spoken many people draw the definition of simply someone who is in charge of a group of people. After utilizing last week’s readings this group has a much better understanding and comprehension of the term management. In this essay‚ we will discuss how the four functions of management have increased our knowledge. We have dug a bit deeper into management and learned a lot about internal and external factors
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Organizational Behavior MNGT- 5590 1.1-Week 1 Case Assignment 1. In the orientation process I would inform them of our hospital’s fantastic mentoring program. How we promote confidence‚ learning and professional growth. I would explain that we adapted the culture from Johns-Hopkins Hospital in Baltimore‚ which has been ranked the top 25 hospitals‚ “Best Hospitals” for twenty-one consecutive years. I would stress on utilizing the hospital’s tuition reimbursement and the quarterly professional
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Knowledge Check Week 1The material presented below is not meant to be a comprehensive list of all you need to know in the content area. Rather it is a starting point for building your knowledge and skills. Additional study materials are recommended in each area below to help you master the material. Personalized Study Guide Results: Score: 12 / 12 Concepts Mastery Questions Pricing Decisions 100% Market Systems 100% Market Equilibrium 100% Concept: Pricing Decisions Mastery
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