may not be great at taking test‚ but they may be a great and smart student. The school that they applied to will never know that though‚ only because they were going off of their test scores‚ and they do not get accepted. SAT and ACT should not be required because it does not evaluate how smart you are‚ and it takes a lot of time away from other important things. The ACT and the SAT do not
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TEST BANK CHAPTER 1 Intercorporate Investments: An Overview MULTIPLE CHOICE Use the following information on a company’s investments in equity securities to answer questions 1- 4 below. The company’s accounting year ends December 31. | |Date of acquisition|Cost |Fair value |Date sold |Selling price | |Investment | | |12/31/10 | |
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$500‚000 and is known by both Brickhouse and Boudreau to be a fairly "soft" amount. Identify possible causes of action. -Brickhouse is acting unethically. His action serves only his self-interest‚ self review and has no clear basis in proper accounting procedures‚ so ignoring the familiarity with brickhouse ‚the controller‚ Louise Boudreau‚ should not manipulate net income in view of any compensation plan the company may have.He must comply with relevant laws and regulations and not assist others
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The lecture last night discussed accrual accounting concepts such as timing issues‚ and the basics of adjusting entries. The discussion went into more detail on periodicity assumption and how accounting divides the economic life of a business into artificial time periods. These time periods are generally a month‚ a quarter‚ or a year‚ now whether it is a fiscal year or a calendar year that is determined by the company itself. The lecture then reviews the revenue recognition principle which expects
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Model Deadline : 15 July 2013 I. REQUIREMENTS SPECIFICATION 1. Introduction The system that we are about to design is the Record Management System that could cater the needs of information of every member in Davao City Alliance Gospel Church. It is an institution which accepts members whole heartedly. An institution wherein they keep confidential records regarding the profile of each member. On the said office‚ their administration is using Microsoft Word file and Microsoft Excel just
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Chapter 1: The Problem and Its Background Introduction We all know that it is time consuming doing things manually specially on record keeping on a certain establishment. The PNP (Philippine National Police) Valenzuela has been handling crime related issues for Valenzuela. The PNP Valenzuela‚ as a consequence‚ maintains a large volume of information. To be able to manage their information requirements‚ PNP Valenzuela is currently using an information system. This system is manual and paper-based
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Activity 13 Record Keeping Q1 Describe the records that need to be kept linking to: a) Company procedures/requirements As a Company you would need to keep records of your financial transactions to pay wage bills along with some other expenses: P60 which shows the employees pay and taxes paid P11D which shows expenses such as medical cover or company cars Certificate of Tax award schemes Information about termination and redundancy payments You should also keep a list of items not shown on
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8.21 (1) MA‚ I/P (2) FFR‚ O (3) FFR‚ I/P (4) MA‚ O (5) MA‚ R (6) FFR‚ I/P (7) FFR/ O (8) FFR‚ R (9) FFR‚ R (10) MA‚ I/P (11) MA‚ R (12) FFR‚ O 8.27 Fraud risk (a) Fraud risk factors ASA 240 - high degree of competition in the market - Domination by Rob Bigbucks (CEO&chairman) - Threatened employees with no pay rises - Significant portion of sales managers salaries are paid in bonuses - The industry is in a recession and it is starting to affect the company – Potentially leading
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Over the past five decades healthcare record keeping has been evolving. In order to protect patient ’s records and encourage healthcare providers to keep up with current technology trends several federal agencies have been developed. As a result of these agency formations several laws and regulations have been put into place. The development of healthcare information technology (HIT)‚ and subsequently the rules and regulations‚ began to evolve in the 1960 ’s with the development of Medicare and
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Brief History of Motown Motown Records was the first African-American-owned music label and featured the first African-American performers to achieve success with mainstream white audiences. Motown’s impact on 1960s culture played a major role in the integration of pop music. In producing hit records for African-American artists such as Diana Ross and The Supremes‚ The Temptations‚ Stevie Wonder and many others‚ Gordy did his part in the fight for racial equality at a time when King and other civil
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