There are various methods in the accounting world used to keep track of inventory and cost of goods used. FIFO stands for first in first out method which is the opposite of LIFO‚ last in first out. Both methods have disadvantages and advantages when it comes to tax time or preparing a financial statement for the investors. As the name suggest‚ FIFO will account inventory that came in first will be sold first. This method is effective for companies selling products with expiration dates. Obviously
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have a large amount of input. Some examples of what to use for reward system would be extra time off‚ bonuses‚ and then some material things like gift cards‚ gift baskets‚ lunch‚ and other things. At my job they supply things like extra uniforms‚ special recognition buttons‚ plaques‚ ect. It makes people put in more effort knowing that they are respected and will be rewarded for a
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Week Twelve Journal Phaethon was the son of the God Helios‚ who drove the chariot of the sun‚ but he lived with his mother‚ the gentle Clymene‚ in a beautiful valley in the east. However‚ his companions did not trust him that his father was the Sun King. He bravely began to climb the unused path which led to the palace of the sun in order to prove that he was indeed the son of Helios. Helios let Phaethon ask any gift he wanted so as to put an end to his doubts. To Helios’s surprise‚ Phaethon quickly
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IS3110 Business Continuity Planning Week 4 Assignment Tyrone Pendarvis The scenario I am proposing to test the BCP for the company is a hacker scenario. A hacker attempts to break into the network and access delicate information that shouldn’t be accessible by anyone outside of the company. The combination of business and IT transformation‚ compliance and governance demands and the onslaught of security threats continues to make the job of safeguarding data assets a serious challenge for organizations
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Kris Krumwiede HSM/220 – Human Services Administration: So You Want to Help People 4/28/2013 Veronica Cole The four steps that an organization should take when changing its personnel profile are as follows: 1. Project personnel needs 2. Plan for achieving the desired personnel profile 3. Implement changes necessary to achieve the plan’s goals and objectives 4. Monitor and evaluate the effects of changes An organization has to make
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References: Grantham University (n.d.). Week 4 Lecture‚ Six Consumer Rights. Grantham University. Retrieved October 08‚ 2013
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REFLECTIVE JOURNAL (WEEK 10) | | |WHAT HAPPENED? |HOW DO I FEEL ABOUT IT? | WHAT DID I LEARN? | |This week’s topic that we were asked to|I believe pricing describes the quality of|Strategies which are associated in setting | |read on is Pricing Strategies. The text|the product. Therefore‚ it should portrait|price. Factors that needs to be considered | |and the lecture notes described the |an image of a product in customers
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lot of energy (so much room in the houses‚ and must be careful of how much power we consume)‚ and finally by less food but of better quality instead of buying so much of the same food that we are getting tired off‚ and that sits in the fridge for weeks! Plan Outline Sustainability Measures Needed What You Need to Learn and/or Investigate Information Sources Used Short-term Costs Long-term Savings How it benefits me and my family How it Promotes Urban Sustainability Lifestyle Materials Energy
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University of Phoenix Material Week Four Quiz 1. WHICH OF THE FOLLOWING STATEMENTS ARE CORRECT? a. A normal distribution is any distribution that is not unusual. (Correct) b. The graph of a normal distribution is bell-shaped. (Correct) c. If a population has a normal distribution‚ the mean and the median are not equal. d. The graph of a normal distribution is symmetric. (Correct) Using the 68-95-99.7 rule: Assume that a set of test scores is normally distributed
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Categorize the accounting tasks performed by Urlacher as relating to either the identification (I)‚ recording (R)‚ or communication (C) aspects of accounting. E1-2 (a) The following are users of financial statements. ___I___Customers __I___Securities and Exchange Commission ___C__Internal Revenue Service __C__Store manager ___I___Labor unions __R__Suppliers ___C__Marketing manager __C_ Vice-president
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