E9-7 Brainiac Company purchased a delivery truck for $30‚000 on January 1‚ 2011.The truck has an expected salvage value of $2‚000‚ and is expected to be driven 100‚000 miles over its estimated useful life of 8 years.Actual miles driven were 15‚000 in 2011 and 12‚000 in 2012. Instructions (a) Compute depreciation expense for 2011 and 2012 using (1) the straight-line method‚ (2) the units-of-activity method‚ and (3) the double-declining balance method. (b) Assume that Brainiac uses the straight-line
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TOPIC: GOVERNMENT ACCOUNTING REFORMS: THE NIGERIAN NATIONAL QUESTION ABSTRACT Using Nigeria as a focus‚ the research work was on the federal character‚ its deficiencies and its effects in the public service. The research work highlights the history of inequality in Nigeria‚ evolution of the quota system in order to give readers an insight into how educational imbalances religion and ethno cultural diversities has affected the quality of personnel recruited into the public service. The
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The Effects of Child Abuse and Neglect on Children The future of our children depends upon the care and nurture they receive. Unfortunately‚ many of our children end up in non-traditional‚ or traditional families where they are abused and neglected by someone in their household. People have a difficult time defining child abuse and neglect. They do not know specifically what falls under the various categories’ of child abuse and neglect. Some people contend that child abuse encompasses anyone who
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Testimony of Dr. Alan Greenspan Committee of Government Oversight and Reform October 23‚ 2008 Word Count: 1‚133 Mr. Chairman and Members of the Committee: Thank you for this opportunity to testify before you this morning. We are in the midst of a once-in-a century credit tsunami. Central banks and governments are being required to take unprecedented measures. You‚ importantly‚ represent those on whose behalf economic policy is made‚ those who are feeling the brunt of the crisis in their workplaces
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Project Oversight Albert Payne CPMGT/303 June 29‚ 2015 Roy Wood Introduction We will look at the oversight in my organizations process in project management. Although we have certain processes and procedures in which we use I will incorporation project oversight in those areas. One process that stands out for my organization is called “Post Mortem”‚ this is a process that the executive branch uses on closure of projects or tasks. Post Mortem is where the manager of that department
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Law No. 25 of 1999 on Financial Balance of the Central Government and the Regions‚ and the rules for its implementation in particular Regulation Number 105 Year 2000 on the Financial Management and Accountability of the starting fiscal year 2001‚ there has been a renewal in financial management area. With this autonomy‚ the area is given broad authority to take care of their own household with minimal government intervention. Local governments have the right and authority to use the vast financial
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ZZZZ Best Company Fraud Case Study 1) At an early age‚ Barry Minkow was introduced to the carpet cleaning industry by his mother who worked part time as a telephone solicitor for a small carpet cleaning company. This insight of the industry allowed Minkow to understand that the carpet cleaning industry was one which had very few barriers to entry‚ no licensing requirements‚ and required only a small amount of capital to enter. Also‚ because of these few barriers to entry‚ the industry has historically
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this case (you may choose to focus upon only the Essendon Football Club): ‘Principal-Agent problems are caused by insufficient oversight by company directors.’ Corporate Governance is a complex field that started to develop very quickly this last decade. The collapse of international firms‚ the financial crisis‚ the international scandals‚ the pressure from the governments and non-profit organizations… are all participating factors that make Corporate Governance an important concern of everyday business
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Government Comparisons The United States of America’s government has progressed significantly since the Mayflower landed in 1620. What was once dominated by an unjust monarch once dominated is now governed under a fair and democratic republic. Despite this progress‚ it is important that one takes the time to step back and analyze our roots and the environment in which we live now. By doing this‚ one gains insight into how different governments function and how their country is affected by the government
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Bankruptcy America: Fraud‚ waste‚ abuse and the federal deficit “The American republic will endure until the day congress discovers that it can bribe the republic with their money” as stated by Alexis de Tocqueville. We as Americans take many privileges for granted. We want so much and will do the least amount of work to get it-and our government does the same. Fraud‚ waste‚ and abuse has made this country engulf itself into self pity and has conned the government into thinking that this method
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