DQ 1 What would be the effect of removing either the Matching Principle or the Revenue Recognition Principle from the process? Use a concrete example of how doing so might affect accounting in a given period. From experience of handling financial records for various companies’‚ from start-ups to million dollar small business‚ I’ve found that removing these processes can lead to disaster. By eliminating them you are saving more work to do later‚ it doesn’t matter if it’s the end of the year
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The three projects in the work plan by IFRS are as follow: IFRS 9 Financial Instruments (replacement of IAS 39) This project has been divided in three phases: 1- Classification and Measurement The first publication of this project was in November 2009‚ was based on requirements for financial assets. In October 2010 were added requirements for financial liabilities. The majority of requirements for financial liabilities not changed from IFRS 9. Nevertheless‚ there were changes on the fair value
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diagram below and the additional information provided to answer the corresponding questions. [15 points] a) The crash cost per day per activity. [10 points] a) 800-300/7-3 =$125 per day crashed b) 350-250/3-1= $50 per day crashed c) 900-400/6-4= $250 per day crashed d) 500-200/3-2= $300 per day crashed e) 550-300/2-1= $250 per day crashed b) Which activities should be crashed to meet a project deadline of 10 days at minimum cost? What is the cost impact of crashing these activities
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on analyzing data for each employee‚ and giving assessment before training. • Then I have noticed when I enter certain business there’s a picture of one or more of their top employees. The employee is recognized for that week or month for his or her high quality of work. Recognizing your best employees will give other employees the incentives to produce quality work. Acknowledgement shows that you are a team player. Being a team
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interest in their ethnicity. b. the grandchildren of the original immigrants would have a decreased interest in their ethnicity. c. the children of immigrants would have more of an interest in their ethnicity than their children. d. none of these 4. The emphasis on ethnic foods and ethnically associated political issues was called __________ by Herbert Gans. a. symbolic ethnicity. b. ethnic paradox. c. ethnic identity. d. ethnic practices. 5. The maintenance of one’s ethnic ties in
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Write a four to five (4-5) page paper‚ titled Part I: The Operating Budget for the (Selected Agency) in which you separate the content into sections: 1. Provide background information about the agency‚ mission‚ goals‚ objectives‚ departments‚ and strategic plan. (Title this section Introduction.) 2. Describe the budget of the agency by addressing the following items: (Title this section Budget Overview.) a. Financial Summary‚ including Revenue and Expenditures b. Department Budgets c.
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Instructions for Problem Set #4 1. a) (Sale Price) – (Purchase Price) = Profit earned on each share b) Profit earned on each share * number of shares purchased = Total amount of profit 2. a) Step 1: (End of year price – beginning year price) = Loss Step 2: (Loss + annual income of $100) = Dollar Amount of Return Step 3: Dollar Amount of Return / Beginning year price = % return b) Hint: it should be a negative number
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Collaborative Troubleshooting Operating Systems INTRODUCTION Working in a technical support role requires someone who is both adept with technology and who also has the necessary customer service skills that are required to work with people. Anytime a technical support person is presented with a problem they must know based on the description of the problem how to diagnose the issue. Without a wide understanding of PCs and the operating system being used that a technical support
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Memo To: John and Jane Smith From: Jaleesa Branch Date: 10/6/14 Re: Memo summarizing various tax issues 1. John Smith’s Tax Issues Issue (a): How is the $300‚000 treated for purposes of federal tax income? The $300‚000 is treated as business income. After deducting all of the business expenses‚ the remaining amount will be the taxable income. Lawyers either work on a salary in a big law firm‚ or work directly with clients and collect the fees from these clients. If it
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CHANDLER - THE ENDURING LOGIC OF INDUSTRIAL SUCCESS Major Claim: Successful firms capitalize on economies of scale & scope‚ create management structures and invest in research & development • Once a firm loses the opportunity to be a first mover‚ it is difficult to regain competitive advantage Secondary Claims: • Growth through unrelated diversification is a poor business strategy • Business ownership patterns have diminished the likelihood of many firms’ long-term success
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