inventory‚ salaries‚ and material‚ and revenue is generated through sales. When revenue are higher than the expenses‚ the company has an operating profit‚ and the company has an operating loss when the expenses exceed the operating revenue. 2) The accounting equation (A=L+SE) is a fundamental business concept. Explain what this equation reveals about a company’s sources and uses of funds and the claims on company resources. The equation reveals how heavily dependent a company is on debt versus owner
Premium Generally Accepted Accounting Principles Balance sheet Cash flow statement
Running head: PROPER CITATION‚ QUOTATION AND REFERENCING Proper Citation‚ Quotation and Referencing Using The Publication Manual of the APA‚ 6th Edition Sample Paper Free Essays Biffy Wentworth University PROPER CITATION‚ QUOTATION AND REFERENCING Proper Citation‚ Quotation and Referencing Using The Publication Manual of the APA‚ 6th Edition Every student at some time in his or her college career will be called on to write a term paper for a course. Many students have never
Premium Management Writing Learning
Executive Summary GAAP‚ generally accepted accounting principles‚ are the rules for preparing the financial statements. There are specialized professionals FASB‚ SEC‚ AAA‚ FEI‚ IMA‚ AIMR and others for developing GAAP. There are 13 principles for preparing Financial Statement. Business Entity Principle requires business to be separated from owner of the business. Going Concern principles requires the business to assume that the business will for long time. Revenue Recognition Principle considers
Premium Generally Accepted Accounting Principles Balance sheet
Cryptography History * Dates Back to Julius Ceaser * Didn’t trust messanger * Used “Shift by 3” method Cryptography Basics * Cryptosystem (Cipher System) – method of disguising messages so that only certain people can read them * Cryptography – Art of creating and using Cryptosystems * Cryptanalysis – Art of breaking Cryptosystems * Cryptography – study of Cryptography and Cryptosystems * Symmetric Cryptosystems use the same key to encrypt and decrypt
Premium Cryptography Encryption
*Since outcome of litigation is only 20% (remote)‚ it is not appropriate to provide for damages. The unrecoverable legal costs are a liability as the start of legal action is past event and should be provided in full. KASTURI Bhd Statement of Financial Position as at 31 March 2011 | Notes | RM | RM | Non-current Assets | | | | Property‚ Plant and
Premium Generally Accepted Accounting Principles Balance sheet Depreciation
Main article: Speedy trial Criminal defendants have the right to a speedy trial. In Barker v. Wingo‚ 407 U.S. 514 (1972)‚ the Supreme Court laid down a four-part case-by-case balancing test for determining whether the defendant’s speedy trial right has been violated in the case. The four factors are: Length of delay: A delay of a year or more from the date on which the speedy trial right "attaches" (the date of arrest or indictment‚ whichever first occurs) was termed "presumptively prejudicial
Premium Jury United States Criminal law
Cost Accounting: A Managerial Emphasis‚ 14th Edition Horngren‚ Datar and Rajan Check Figures for Exercises and Problems Chapter 2. An Introduction to Cost Terms and Purposes 2-16 1. S‚ $1.1856 D‚ $1.0213 R‚ $0.6400 2-17 1. yeast D/V‚ flour D/V‚ pkg D or I/V‚ dep ov I/F or V‚ dep mix I/F or V‚ rent I/F‚ ins I/F‚ fact util I/F and V‚ fin labor D/V or F‚ mix mgr I/F‚ matl hand I/F or V‚ cust I/F‚ guard I/F‚ mach I/F or V‚ mach maint I/F or V‚ maint sup I/V‚ clean sup I/F. 2. Dep. M&M‚ MDM‚ MH‚ Mac.
Premium Costs Variable cost Fixed cost
various proposals raised by different managers of Dumbellow Ltd. The major issue addressed by these proposals is “how to deal with product Z which is currently resulting in losses and thus pulling down the net profit of the entire product line”. The financial controller proposed a termination of the production of the product while the marketing manager suggested a £1 per unit reduction in the price so as to increase the demand of the product. On the other hand‚ the managing director thought that a 10%
Premium Marginal cost Costs Variable cost
ASSIGNMENT DRIVE PROGRAM SEMESTER SUBJECT CODE & NAME BK ID CREDITS MARKS FALL 2014 MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2 1 MB0041 FINANCIAL AND MANAGEMENT ACCOUNTING B1624 4 60 Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Q.No Questions Marks Total Marks 1 Analyze the following transaction under traditional approach. 18.1.2011 Received a cheque from a customer‚ Sanjay at
Premium Cash flow Debt General ledger
Accounting Assumptions‚ Principles‚ and Constraints XACC/280 Accounting Assumptions‚ Principles‚ and Constraints The basic assumptions of accounting include the monetary unit assumption and economic entity assumption. The monetary unit assumption is described as what companies require as only transactional data that can be expressed in terms of money (Weygandt‚ Kimmel‚ & Kieso‚ 2008). The purpose of the monetary unit assumptions is to only reflect the financial impact of the business
Premium Business Economics