Accounting consists of basic assumptions‚ principles‚ and constraints. There are four basic assumptions of accounting that are the fundamental basis of any set of accounts. The four basic assumptions of accounting include: monetary unit assumption‚ economic period assumption‚ time period assumption‚ and going concern assumption. Monetary unit assumption states that only transaction data that is expressed in terms of money can be included in the accounting records. Economic period assumption states
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As a resource‚ Ms. Pancake had proposed to micro manage my efforts to ensure the conceptual understanding of my responsibilities and I agreed. We had arranged to do so on Wednesday‚ December 7 as it would be less strenuous on her time schedule. This was to give her the opportunity to complete her required closing processes‚ while demonstrating to them that I was competent with my allotted tasks by completing them in the time requested. She and Mr. Rackers had accepted my proposal. As the day
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There are three ways to analyze financial statements there is the vertical analysis‚ which uses the base percentage to express the assets or liabilities and stockholders’ equity. Horizontal analysis or the trend analysis is how someone can evaluate the financial statement over a period. With this method‚ one can determine an increase or decrease in assets liabilities or stockholders equity. This can be done in percentage or totals Horizontal analysis is used primarily with an intercompany comparison
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Situation 1 First I would greet the customer with a standard greeting. Thanking them for calling and asking how I may help them is usually a good way to start off the phone call. Susan is inquiring about some of the functions that PowerPoint has to offer. She has asked about how some of the features of PowerPoint can support her data that she has gathered. I will begin by repeating back her question to verify that we are on the same page. One of the challenges I will probably face is explaining
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TVM Exercises Be sure to use the following format for your answers: TVM Table (X%‚ Xn) Pmt (factor) Answer 1. You invest $5‚000 at 6% compounded annually for 10 years. How much will you have at the end of year 10? FV Table (6%‚ 10n) $5‚000 (1.791) $8‚955 2. You need $200‚000 10 years from now and know of an investment that pays a 10% return. How much do you need to invest today to achieve your goal? PV Table (10%‚ 10n) $200‚000 (0.386) $77‚200 3. You are required to
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WK 9 Final Paper Carrie Deines HSM 270 September 7‚ 2014 Terri Galindo WK 9 Final Paper Overview of the program PEACE’s mission is to reduce victim trauma‚ empower survivors‚ and promote recovery through direct services. PEACE is committed to reducing the incidence of sexual assault and domestic violence through education‚ and strives to challenge societal norms and beliefs that condone and perpetuate violence in the community (Appendix B).The Small Grants Program offers one-time grants of up to
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EXERCISE IN STATISTICS Below are hypothetical data. (1) Organize them in bivariate tables to answer the problems below. Determine the statistics to use for each. 1. Are sex and occupation associated? 2. Are age and income correlated? 3. Are educational attainment and sex associated? 4. Are civil status and occupation associated? 5. Are occupation and income related N>E> you may use data transformation (from interval data to nominal data) Respondent No. Age Sex Civil Status Educational attainment
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both the mental and physical health aspects. Positive exercise habits formed in childhood tend to carry over into adulthood‚ thus helping reduce death and illness in the future. There are many other positive benefits that come through the form of exercise. Just as well‚ there are negative effects that can results from lack of exercise. Developing and instilling the importance of exercise through education is valuable to the youth of exercise. When determining physical activity‚ it is important
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3: 1. Which membrane resulted in the greatest pressure with Na+Cl- as the solute? Why? 2. Explain what happens to the osmotic pressure with increasing solute concentration. 3. If the solutes are allowed to diffuse‚ is osmotic pressure generated? 4. If the solute concentrations are equal‚ is osmotic pressure generated? Why or Why not? Activity 5: 1. In the initial trial the number of Na+ -K+ pumps is set to 500‚ the Na+Cl- concentration is set to 9.00mM‚ the K+Cl- concentration is set to 6
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Physical exercise is any bodily activity that enhances or maintains physical fitness and overall health. It is performed for many different reasons. These include strengthening muscles and the cardiovascular system‚ honing athletic skills‚ weight loss or maintenance and for enjoyment. Frequent and regular physical exercise boosts the immune system‚ and helps prevent the "diseases of affluence" such as heart disease‚ cardiovascular disease‚ Type 2 diabetes and obesity.[1][2] It also improves mental
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