College Gwent Mission and Aims • To deliver an outstanding‚ responsive and flexible service‚ meeting the changing demands of the economy by: • Widening and extending participation in learning • Creating sustainable partnerships with communities and businesses • Driving up standards‚ our own ambitions‚ and those of our learners • Providing inspirational teaching and learning opportunities • Having strong finances to allow investment in staff and resources • Celebrating the diversity and
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—Conceptual 21.Which of the following is not considered cash for financial reporting purposes? a.Petty cash funds and change funds b.Money orders‚ certified checks‚ and personal checks c.Coin‚ currency‚ and available funds d.Postdated checks and I.O.U. ’s 22.Which of the following is considered cash? a.Certificates of deposit (CDs) b.Money market checking accounts c.Money market savings certificates d.Postdated checks 23.Travel advances should be reported as a.supplies. b.cash because
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A New American Society After the Americans gained independence from Britain in 1783 in the revolution. The colonies began to change their economic‚ social and political system‚ and began to write their new constitution that lead to the override of the Articles of Confederation in 1781. The major change the Americans accomplished was the separation from the monarchy. Thomas Paine said “the nearer any government approaches to a republic the less business there is for a king.” (Common Sense 1776)
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1.1 Background Information of the Problem The Foundation for International Community Assistance (FINCA International) is a non-profit‚ microfinance organization‚ founded by John Hatch in 1984. Sometimes referred to as the "World Bank for the Poor" and a "poverty vaccine for the planet"‚ FINCA is the innovator of the village banking methodology in microcredit and is widely regarded as one of the pioneers of modern day microfinance. With its headquarters in Washington‚ D.C.‚ FINCA has 21 affiliated
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the company president and office employees‚ depreciation of items used in administration‚ rent‚ utilities and property tax on the office building. ▪ Perpetual vs. Periodic- info about methods and differences o Perpetual: An inventory system in which the business keeps a continuous record of inventory on hand and the cost of good sold. o Continuous updating of inventory as you go thru the paid physical count still must be count once a year. o Periodic: do not update
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2) 1) D 2) A 3) D 4) B 5) A 3) b) The types of risk indicated by this situation are systems risk‚ and legal and regulatory risks. c) I would recommend background checks on employees‚ segregation of duties‚ and physical security. 6) A. Conducting surprise cash counts- safeguarding assets B. Creating a policy manual-encouraging compliance C. Creating separate departments for purchasing inventory a d receiving inventory-promoting operational efficiency D. Deleting and employee’s
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CHAPTER I THE PROBLEM AND THE BACKGROUND OF THE STUDY A. Introduction Sari-sari store is the term used in the Philippines for small convenience store. It is from the tagalog word “sari-sari” which means “variety”. Such stores form important economic and social location in the Filipino community. It is present in almost all neighborhoods‚ sometimes in every street. The store is often attached to or part of the owner’s house but it may also be a freestanding store just in front of the owner’s
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Chapter 5- GLOBAL COMPANY PROFILE: Regal Marine world’s 3rd largest boat manufacturer; Regal uses CAD computer aided design; Regal uses JIT inventory to deliver parts as needed. GOODS & SERVICES SELECTION: The good or service provided is basis for an organization’s existence and the key to success; To maximize success‚ companies focus and concentrate on few products; Companies must look constantly for new products to design; Product Decision- to develop‚ implement a product strategy that meets
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5 Strength & Weakness of Coca Cola Coca Cola INTRODUCTION The purpose of this integrated essay is to explore the strengths and weaknesses of Coca Cola (Coke) using the Value Chain Analysis Framework developed by Michael Porter. Using Exhibit I from Porter ’s Framework‚ I examined the linkages and strategic significance of Coke ’s value system. DESCRIPTION OF THEORIES/CORE CONCEPTS According to Michael Porter (1985)‚ information technology changes the way companies operate by specifically targeting
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Internal Control and Bank Reconciliations Athena Jackson ACC/225 November 10‚ 2013 Scott Flynn Problem 8-1A 1. The principle of internal control violation is separation of duties. The person that records the incoming cash receipts should not be the same person that is posting the customer payments to their accounts. My recommendation to the business would be that they have one person recording the incoming cash receipts‚ and they should assign another employee to take
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