Chapter 2 Discussion Questions 1. What is the meaning of cost behavior and how does the variable cost behave differently than fixed cost (per unit & total)? Cost behavior is the change of cost relative to change in some extent of activity. The total fixed cost remains constant regardless of change in the volume of activity. However‚ the fixed cost per unit is inversely related to the change in the volume of activity. As the change in the volume of activity increases‚ the fixed cost per unit
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Individual Assignment 30% (40 marks) Question Spears Limited is engaged in manufacturing of special component (KWQ 12) be used in for calculators. As a step towards reducing uncertainty over the finance needs of the new business‚ the finance manager has asked you to prepare a cash budget for Spears Ltd for the nine (9) months period from 1 January 2014 till 30 September 2014. You have collected some raw data from the concerned department heads and tabulated them as follows: a)
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200101 Accounting Information for Managers Tutorial Solutions - Week 7 School of Business│ Spring 2012 STAFF Unit Coordinator Graeme Mitchell Building ED.G.212‚ Parramatta campus Please contact via e-mail (if required) Email: g.mitchell@uws.edu.au vUWS Coordinator‚ and External Studies Coordinator Simon Lenthen Building ED.G.11‚ Parramatta campus Unit administration School of Business Undergraduate Student Services Team Building EQ‚ Parramatta campus (Manu Cherian)
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As the Chief Executive Officer of Sierra Lighthouse Hotel Freetown‚ I’ve been provided with an Organisational Performance and Customer Satisfaction equation: Consumer Expected Quality - Organisational Actual Quality = Customer Perceived Quality EQ > AQ => Dissatisfaction EQ = AQ => Mere Satisfaction AQ > EQ => Delighted Customer An Organization Performance includes multiple activities‚ that help in establishing the goals of the organization‚ and monitor the progress towards the target
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PRINCIPLES OF ACCOUNTING 1 ACCOUNTING THEORY NOTES (a) International Accounting Standards and International Financial Reporting Standards. The foreword to accounting standards defines Accounting Standards as Authoritative statements of how particular types of transaction and other events should be reflected in financial statements. Accounting Standards are developed to achieve comparability of financial information between and among different organizations. International Accounting Standards (IAS’s)
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SEXTING: MODERN DAY FLIRTATION What is sexting? Why do we sext? Is it healthy? How to and how not to sext (Tips for sexting) What is sexting? For those of you who don’t already know what sexting is or haven’t heard of it before‚ it is basically a marriage of sex and the traditional text messaging. It is defined in most dictionaries as the sending of sexually explicit photos‚ images‚ text messages‚ or emails by using a cell phone or other mobile devices. Sexting as we know it today is a relatively
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Introduction to Financial Accounting – ACTG2010 course who are looking for an additional resource to assist their studies in preparation for the exam. References Friedlan‚ John. Financial Accounting: A Critical Approach. Toronto: McGraw-Hill Ryerson‚ 2010. Print. Richardson‚ Alan J. Cases in Financial Accounting: A Principles-based Approach. Toronto‚ ON: Nelson‚ 2007. Print. Contents Chapter 1: page 2 Chapter 2: page 3 -5 Chapter 3: page 5 Chapter 4 page 6 -8 Chapter 5: page 8 - 11 Chapter
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Why would users rely on financial statements? What is an example of a financial measure that an external user might use? What is an example of a financial measure that an internal user might use? Users rely on financial statements to gauge the strength and outlook of companies. Others understand that. One would want that company to make money for them when they invest. If companies didn’t make money for you there would be no reason to buy stocks and no reason the price of a stock would ever
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Kaplan University AC113-01 UNIT 1 ASSIGNMENT My current networking strategies are different in comparison to my past networking strategies. Over the years I have realized how important networking is and that it is something that you must tend to over time in order to reap benefits from it in the future. After all‚ the United States Bureau of Labor of Statistics stated that 70% of jobs are obtained through networking (Caullay). In the past I used to only have friends‚ family members‚ and
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coun Toll Brothers faces many business risks that could threaten the company’s ability to satisfy stockholder expectations. Toll Brothers compete in a very competitive environment and this being said‚ if one of Toll Brothers competitors were to change their plans it could negatively affect them. Not only can the competitors negatively affect Toll Brothers but also the general economic and market conditions. The terrorist attacks that occurred on September 11th also have a great impact on Toll Brothers
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