Accounting Homework Individual Chapter 7 Question 1&2 1. (a) What are generally accepted accounting principles (GAAP)? In the U.S.‚ generally accepted accounting principles‚ commonly abbreviated as US GAAP or simply GAAP‚ are accounting rules used to prepare‚ present‚ and report financial statements for a wide variety of entities‚ including publicly-traded and privately-held companies‚ non-profit organizations. (b)What bodies provide authoritative support for GAAP
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Chapter 1 Financial Accounting and Accounting Standards Intermediate Accounting‚ 15th Edition Kieso‚ Weygandt‚ and Warfield 1 Financial Statements and Financial Reporting • Goals or purpose of (financial) accounting – Identification‚ measurement‚ and communication of financial information about – An economic entity to – Interested Parties (internal and external) • Creditors‚ managers‚ unions‚ government agencies Financial reports (statements) & notes 2 Financial Statements
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Aspects of Software Engineering CE00325-1-ASE Group Assignment Car Rental System Anahid Ehtemami TP022064 Law Kuo Jian TP018939 Dushan Rajapaksha TP017256 Mohammed Abdulwahab _________________________________________________ Deadline: 25.10.2010 Contents Acknowledgement 3 Introduction 4 Feasibility 5 Schedule feasibility 5 Gantt chart 6 Workload matrix 6 Requirement Analysis 7 Fact finding 8 Questionnaire 8 Interviews 8 Questionnaire Feedback Analysis 9 Interview
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Introduction to Software Engineering * Software engineering * The economies of ALL developed nations are dependent on software * More and more systems are software controlled * Software engineering is concerned with theories‚ methods and tools for professional software development * Software engineering expenditure represents a significant fraction of GNP in all developed countries * Software costs * Software costs often dominate system costs. The costs of software on a PC are
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“certificate of achievement for excellence in financial reporting” by the Government Finance Officers Association? What is the significance of this award? Yes‚ it is significant because it is the highest form of recognition in the area of governmental accounting and financial reporting‚ and its attainment represents a significant accomplishment by a government and its management. (Page 13) b) What are the key issues addressed in the letter of transmittal? Major initiatives in the city of Charlotte
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law on project failures. For a successful project to be completed setting the goals correctly should be a demanding task .The common error is due to humans and can be illustrated due to lack of communication between customer and analyst or software . Example: For example a car with 1 or 2 persons in it ‚the air pressure in the tyres is less and volume is more and the same car filled with luggage and 6 to 8 persons the air pressure is more in tyres and volume is less . BOEHM’S
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CeCILL-B FREE SOFTWARE LICENSE AGREEMENT Notice This Agreement is a Free Software license agreement that is the result of discussions between its authors in order to ensure compliance with the two main principles guiding its drafting: • firstly‚ compliance with the principles governing the distribution of Free Software: access to source code‚ broad rights granted to users‚ • secondly‚ the election of a governing law‚ French law‚ with which it is conformant‚ both as regards the law
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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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ACC 556 – Financial Accounting for Managers Chapter 1 Homework Due Week 1 and worth 10 points Directions: Answer the following four questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed‚ or both. Submit your homework assignment using the homework assignment link in the course shell. E1-1 Here is a list of words or phrases discussed in this chapter: 1. 2. 3. Corporation Creditor Accounts receivable 4. 5. 6. Partnership Stockholder
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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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