measurement on the basis of financial reporting. It provides information about what an entity might realize if it sold an asset or might pay to transfer a liability. In recent years‚ the use of fair value as a measurement basis for financial reporting has been expanded. Determining fair value often requires a variety of assumptions as well as significant judgment. Thus‚ investors desire timely and transparent information about how fair value is measured‚ its impact on current financial statements‚ and its
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A) Average mixed cost B) Total fixed cost C) Average variable cost D) Total variable cost 1-8 Which of the following is not a fixed cost? A) Property taxes B) Salary of plant manager C) Indirect materials D) Straight-line depreciation 1-9 A 15% increase in production will result in: A) a 15% increase in the variable cost per unit. B) a 15% increase in total mixed costs.
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Sole parents- Legal and social definitions of group- Legal- person who cares for one or more children without assistance from another parent or carer living in the same home. Social- A parent that raisers a child by themselves‚ supporting them financially and emotionally. Characteristics- One Parent living together with one or more children According to ABS‚ 19.3 % of children live in a sole parent family A female runs 91% of sole parent families sole parents may be permanent
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Sporrer Government 12 April 2013 To Make the World a Better Place In order to make the world a better place to live in‚ instead of thinking big like most of us feel the need to (living in poverty ridden lands to feed the hungry‚ building homeless shelters‚ ect.)‚ in college‚ I feel that I am going to start small in a sense though not excluding the possibility of doing something extensive in later years. The way I want to make at least where I live a better place is through helping people in need
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Critical analysis Article descriptions The journal article named “The crisis of fair-value accounting: Making sense of the recent debate” is written by Christian Laux and Christian Leuz in Accounting and Organisations and Society journal (2009). Mr Laux works as a professor of finance at the Goethe University in Frankurt and his research has been published in many journals. Mr Leuz works as a professor of International Economics at University of Chicago Booth School of Business. He has done
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ACCOUNTING 592 Financial Accounting & Reporting Seminar Spring 2010 Instructor: Office Hours (subject to adjustment): Teresa Gordon Office Hours: W 8:30–11:00 AM Albertsons Bldg. 118 and T‚W‚Th 1:15 - 3:00 PM 885-8960 or by appointment E-mail: tgordon@uidaho.edu Course web page: http://www.cbe.uidaho.edu/Acct592 ------------------------------------------------- MASTER OF ACCOUNTANCY – LEARNING GOALS ------------------------------------------------- -------------------------------------------------
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................................................ 22 Accounting changes and prior period adjustments ............................................................ 24 4. Comprehensive income ................................................................................................ 31 5. Balance sheet and disclosures overview .......................................................................... 36 6. Interim financial reporting ..........................................
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as if the net profit is not sufficient‚ the firm shall not be able to achieve a satisfactory return on its investment. This ratio also indicates the firm’s capacity to face adverse economic conditions such as price competition‚ low demand‚ etc. Obviously‚ higher the ratio the better is the profitability. But while interpreting the ratio it should be kept in mind that the performance of profits also be seen in relation to investments or capital of the firm and not only in relation to sales. Return
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Sole Proprietorship‚ Partnership‚ or A Corporation: Choosing The Best Option Christie Bekaert AIU Online Abstract A business has many advantages and disadvantages. To choose the right one‚ all of these aspects must be explored beforehand. These aspects must be explored for the business to be successful also. Taking your time to do this will ensure that you are not only making the best decision possible‚ but that you are making an informed one. Compare and contrast all the aspects of each type
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1.0 Sole Proprietorship 1.1 Definition of Sole Proprietorship Sole proprietorships are the easiest kind of businesses to explore in quest for a career. Sole proprietor is the only one owns the business‚ so when thinking of establish a business‚ entrepreneur should consider this famous and easy format as their option. Sole proprietors exists everywhere‚ we can visit and listen about the joys and frustrations of being a sole proprietor from them. 1.2 Advantages of Sole Proprietorships -Ease
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