Running head: COMPARING IFRS TO GAAP University of Phoenix ACC/290 Week 5 8/12/2014 Susan KuniyoshiRunning head: COMPARING IFRS TO GAAP IFRS 2-1: In what ways does the format of a statement of financial of position under IFRS often differ from a balance sheet presented under GAAP? IFRS does not mandate a specific order or classification of accounts on the statement of financial position. In most cases‚ companies report assets in reverse order of liquidity. An example of the order of accounts
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Chapter Eight Problems Please complete the following 5 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document‚ and submit it in the appropriate week using the Assignment Submission button. Chapter 8 Exercise 1: 1. Basic present value calculations Calculate the present value of the following cash flows‚ rounding to the nearest dollar: A single
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Assumptions * Assume fiscal year begins July 1 * Personal savings account of $15‚000 and added family money gives him an investment fund of $35‚000. The $15‚000 personal savings is included in the total investment fund. * Acceptable to base pro forma estimates off of 1956 data. * The property‚ including the two plants‚ can be assumed as Plant & Equipment‚ and given the appraised value of $200‚000. * Assume that this P&E will not need major repair in the near future
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Week 5 – Group – Training Plan We need to come up with an effective / efficient training plan for Landslide Limousine Annual revenue growth -$50K ( that will change) # of employees 25 Annual turnover about 10% Training Methods – Must provide a rationale for my suggestions Types of media - OJT and simulation methods and Informational presentation technique ( watch video ) Learning principles Training for learning skills or facts There are numerous methods and materials available to help you prepare
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Human Resource Management HRM-590-61348 Michael Johnson Written Assignment #2: Recruitment – Week 5 Professor: F. Karen Mimms P.2 When running a business rather it be big or small every position is important from the CEO to the mailroom to the custodial department every role is very vital and it gives you the opportunity to improve the company’s profit potential. Knowing how to recruit the ideal candidate is one of the most important factors in keeping the job competitive and
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Week 5 Homework Considering the counseling of culturally diverse client populations: What are some of the merits of the Behavioral approach for culturally diverse populations? What specific aspects of Behavior Therapy‚ both concepts and techniques‚ would you want to apply in your work in a multicultural setting? What concepts and techniques of the Behavioral Model for a culturally diverse client population would not work and why? Support your observations. The behavioral approach for culturally
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Attempt Score 34 out of 40 points Question 1 2 out of 2 points If exactly 3 projects are to be selected from a set of 5 projects‚ this would be written as 3 separate constraints in an integer program. Answer Selected Answer: False Correct Answer: False . Question 2 2 out of 2 points Rounding non-integer solution values up to the nearest integer value will result in an infeasible solution to an integer linear programming problem. Answer Selected
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Week 5 quiz 1. In the U.S. current account‚ most of the trade deficit results from an excess of imported B. merchandise 2. What is the difference between the balance of trade and the balance of payments? A. The balance of trade is only part of the balance of trade. 3. If a government has implemented significantly higher trade tariffs‚ but does not want this action to affect the value of its currency‚ it will B. buy foreign currency because the tariffs will tend to make the domestic
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3.4 Thermal Effect Shear strain In general‚ increase in temperature causes the atoms to vibrate more and makes average atomic spacing greater. Macroscopically‚ this will lead to dimension increase in solid: T + T +V T – T – V In an isotropic material‚ temperature change only introduces variation of direct (normal) strain. In other words‚ thermal deformation does not cause shear strain. where T0 is a reference temperature and = coefficient of thermal expansion (C)-1 Hooke’s
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Instructions For each of the three situations‚ say if the accounting method used is correct or incorrect. If correct‚ identify which principle or assumption supports the method used. If incorrect‚ identify which principle or assumption has been violated. E1-5 Meredith Cleaners has the following balance sheet items. Accounts payable Cash- incorrect- is an asset for the company is not something than the company needs to paid for to keep the company going.
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