Paper P9 – Management Accounting Financial Strategy Post Exam Guide May 2006 Exam Examiner’s General Comments The performance on Paper P9 was extremely disappointing. Many candidates appeared to have done little preparation. It was noted in the November 2005 Post Exam Guide that many candidates demonstrated poor knowledge of even quite basic financial calculations and that their grasp of many basic concepts was also limited. These weaknesses are still evident in May 2006. A further weakness was the
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Introduction Financial accounting is branch of accountancy that deals with the financial statements which helps in informing public as well other concerned people who are not involved in day to day working of a company‚ about its current financial performance. Different stages involved in financial accounting are governed by certain standards set by organisations such as The International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB). The standards made by IASB
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Financial Statement Review Tamara Harrell‚ Samara Holmes‚ Brittany Naron‚ Jennifer Turner HCS/405 May 25‚ 2015 Louis Eubank How did the audited and unaudited financial statements differ? The audited and unaudited financial statements differ in many ways. One way was the unaudited balance sheet did not provide the specific date when the balance sheet was prepared while the audited balance sheet stated the date clearly at the top of the page. Another way they differ was if you look
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P3- Suggest strategies to minimise effects of challenging behaviour in health and social care settings “Peter is eight years old and has autism. He has just started attending a special after school club. When he arrives there is music playing and lots of children running about. One of the assistants goes to help him remove his coat and he starts screaming and lashing out” Point Evidence After school clubs After school clubs would help Peter with his learning and concentration. After school clubs
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Grade 45/50 Managerial Accounting 505 Case Study Week 3 A. What is the break-even point in passengers and revenues per month? Total Per Unit Percent Sales: 160 X 90 $14‚400 $ 160 100% Less variable costs/expenses: .70 X 90 $ 6‚300 $70 44% Contribution margin: $ 8‚100 $90 56% Less fixed costs/expense: $3‚150‚000 Net operating income: $3‚141‚900 8‚100 /14‚400 = 56% 100 - 56 = 44% BEP in passengers
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Issues in Financial Reporting & Analysis TUTORIAL - WEEK 10 Accounting for Financial Instruments and Foreign Currency Transactions Learning Objectives: 1. Understand what is a financial instrument‚ and how can they be categorised. 2. Accounting for a particular type of financial instrument – a “compound instrument” 3. Understand the accounting treatments of foreign currency transactions at: Date of transaction; Balance date (if applicable); Settlement date. 4. Analyse the accounting treatment
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Business Unit 10: Financial Accounting and Financial Reporting Student name Assessor name Date issued Completion date Submitted on 28/03/15 09/05/15 Assignment title Presentation of financial information and Interpretation of Financial Statements (2 of 2) Learning Outcome Learning outcome Assessment Criteria In this assessment you will have the opportunity to present evidence that shows you are able to: Task no. Evidence (Page no) LO3 Be able to present financial information in accepted
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Work in Process Inventory 988‚000 Task: 2 a) Let the BEP sales be x dollars‚ x * 0.40 + 300‚000 = x a) So‚ x = 500‚000 dollars Total Selling price = 500‚000 Total Variable cost = 200‚000 Total fixed cost = 300‚000 b) For a monthly profit of $ 60‚000 Let sales be x dollars So‚ x - 60000 = 0.4 * x + 300‚000 So‚ sales‚ x = $ 600‚000 c) Sales = 1‚000‚000 So‚ variable cost = 400‚000 Fixed cost = 300‚000 So‚ level of profit = sales - total cost = $300‚000 Task: 3 a. Axar Products Income Statement For
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Solutions Guide: Please reword the answers to essay type parts so as to guarantee that your answer is an original. Do not submit as is EXERCISE 2-2 Acquisition Method The balance sheets of Petrello Company and Sanchez Company as of January 1‚ 2011‚ are presented below. On that date‚ after an extended period of negotiation‚ the two companies agreed to merge. To effect the merger‚ Petrello Company is to exchange its unissued common stock for all the outstanding shares of Sanchez Company in the
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CIS 207 Week 2/3 Quiz Answer the following True or False. 1. Software is a set of instructions that tells Computer what to do. True 2. Word processing software is not a type of application Software. False 3. Electronic Data Interchange software is a form of “groupware” True 4. The computer operating system starts the “boot sequence” using information retrieved from the boot sector of a drive(this can be a HDD‚ USB stick‚ etc) True 5. Multitasking systems always allow you to conduct at least
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