Merchandise inventory is generally valued at the price for which the goods can be sold. reported under the classification of Property‚ Plant‚ and Equipment on the balance sheet. reported as a current asset on the balance sheet. often reported as a miscellaneous expense on the income statement. Items waiting to be used in production are considered to be finished goods. merchandise inventory. raw materials. work in progress. In a manufacturing business‚ inventory that is ready for sale is called store
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SHANGRI-LA You are partner in charge of the audit of Shangri‑La‚ Inc. The company is a real estate developer‚ specializing in luxury vacation areas. The company’s operations have been profitable‚ although not spectacular. Most of the development property is pledged as collateral for bank loans; there is a reasonable stockholders’ equity of about $10‚000‚000. Shangri‑La has a substantial
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professional conduct is clear that an accountant should follow all the six principles so that a healthy work environment could be created in the interest of the company‚ society and nation. The second discussion is focused on evaluation of ethicality of accounting activities. Manipulating the financial statements for personal interest or for loyalty towards company or its executives is unethical and the person responsible for such act will be punishable. Misstatement of financial statements is ethically wrong
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Project Cost Control Tools & Techniques Jason Owens‚ jason@jasonowens.com Scott Burke Matthew Krynovich DJ Mance Last Updated: 1/15/07 Project Cost Control Tools & Techniques Contributors: Introduction Owens‚ Jason‚ jason@jasonowens.com Burke‚ Scott Krynovich‚ Matthew Mance‚ DJ The formatting and minor edits of this document have been updated since its original creation. Contact information for some of the contributing authors has been removed for reasons of privacy
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Software organizations are mushrooming everywhere. With diversity in resources‚ skill sets and quick obsolescence of technology‚ structure team has become a crucial issue. Mantei suggested three generic team structure. 1. Democratic Decentralized (DD) This team structure is driven by group cohesiveness in making group decisions and solving problems with consensus. There is no group leader as such. A task coordinator is chosen for short duration based on skill or experience level. On completion
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SOFTWARE PROCESS AND PROJECT METRICS Chapter 4 ITU DEPARTMENT OF COMPUTER ENGINEERING SOFTWARE ENGINEERING Software metrics Measurement can be applied • to the software process with the intent of improving • to assist in estimation‚ quality control‚ productivity assessment‚ and project control • to help assess the quality of technical work products and to assist in tactical decision making as a project proceeds ITU DEPARTMENT OF COMPUTER ENGINEERING SOFTWARE ENGINEERING 1 MEASURES
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through out this project. I would like to thank my parents for the encouragement to complete this project. I will also like to thank my teacher for guidance and all other friends and family who assisted in any way. Table of Contents Acknowledgements Introduction to project Advantages and Disadvantages of using a computerized accounting system………………………………………………………………...……1 Factors taken into consideration before using a computerized Accounting …………………………………………………………
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377 – Software Architecture & Design II Software Architecture in Banking A Comparative Paper on the Effectiveness of Different Software Architectures Within an Financial Banking System JD Hill Andrew Robby Kruth Joe Salisbury Sam Varga 11/9/2010 Introduction Software architecture design is an important aspect of our daily lives whether we know it or not. There are so many different systems that we interact with on a daily basis that we do not recognize are closely tied to software architecture
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3 Adjusting Accounts and Preparing Financial Statements QUESTIONS 1. The cash basis of accounting reports revenues when cash is received while the accrual basis reports revenues when they are earned. The cash basis reports expenses when cash is paid while the accrual basis reports expenses when they are incurred (and matched with revenues they generated). 2. The accrual basis of accounting generally provides a better indication of company performance and financial condition than does
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is provided for general guidance only and on the understanding that it does not represent‚ and is not intended to be‚ advice. Whilst care has been taken in its preparation‚ it should not be used as a substitute for consultation with professional accounting‚ tax‚ legal or other advisors. Before making any decision or taking any action‚ you should consult with an appropriate specialist or professional. No warranty is given to the correctness of the information contained in this document‚ or its suitability
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