Case study one The motivation in this case study is the Expectancy Theory. Theory states that the motivation of employees depends upon whether or not they believe that performing at a high level will lead to the reward they desire. Mary Ellen Sheets the owner of Two Men and a Truck did this when she started franchising the business. Sheets wanted everyone who invested in a franchise to succeed as she did. Sheets opened a school that taught the owners of the franchise and the employees everything
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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 came‚ she was resolving an issue from the previous accounting week‚ and was speaking with Mr. Whittaker about invoicing. After speaking with him‚ she had walked back to office‚ but stopped by my cubicle to check my progress. The conversation went
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Internal Controls XACC/280 Christopher Stone 5.1.2013 Internal controls are an integral part of a business operation because of the extreme importance of assets. Assets are basically an economically valued item owned by an individual or corporation‚ which most often has a direct conversion rate to cash. Examples are cash‚ securities‚ accounts receivable‚ in-stock product‚ business equipment‚ real-estate‚ cars‚ and other valuable property. Assets are business resources which could lead
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Assignment Week 6 Jacqueline Guyton HSM 210 February 16‚ 2014 Teressa Jones Secondary prevention is applicable to the issue of homelessness‚ according to Goodstein
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Analysis Process: 1. Display program welcome message 2. Ask for item name 3. Ask for item price 4. Ask for pound weight 5. Ask for ounces 6. Convert pounds to ounces then add to input ounces 7. Divide total price by ounces 8. Display the price per ounce. Input: Item Name Item Price Item Weight in pounds Ounces as integer Output: Unit price Main Module Declare Name as String Declare Price as real Declare Lbs as integer Declare Oz as integer Declare UnitPrice
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financial position” (Business Dictionary‚ 2011). The Financial information is required for various users to make an informed Decision. “The purpose of financial information is to provide inputs for decision making” (Kimmel‚ Weygandt‚ Kieso‚ 2009‚ Para 1‚ p. 6). There are four different parts covered in a Financial Statement; those are Balance Sheet‚ Income Statement‚ Retained Earnings Statement‚ and Statement of Cash flow. The assignment will elaborate the purpose of each statement and differentiate its utility
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$1‚000 Purchase‚ 1/15/14 100 5.30 530 Purchase‚ 1/28/14 100 5.50 550 An end of the month (1/31/14) inventory showed that 160 units were on hand. If the company uses FIFO‚ what is the value of the ending inventory? a. $800 b. $832 c. $848 d. $868 6. _____ Effie Company uses a periodic inventory system. Details for the inventory account for the month of January‚ 2014 are as follows: Units Per unit price Total Balance‚ 1/1/14 200 $5.00 $1‚000 Purchase‚ 1/15/14 100 5.30 530 Purchase‚ 1/28/14 100
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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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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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