Accounting Team Project Naomi Konen and Chue Lee 8-2 a) Joan’s first mistake is not using control of cash receipts. She is having only one person go through the whole accounting controls process. There should be other people involved in this process including Joan herself. Joan must also realize the limitations of human controls. One person going through the entire process is bound to make a human error. b) Joan initially failed by trying to joke about her employee stealing. Stealing
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Financial Analysis Coca-Cola and PepsiCo 1/28/2013 University of Phoenix Alexander Jackson We will be comparing two companies; both are strong and have great credibility. Ideally with a solid competitor we want to show differentials and make a solid contrast. In this case we want to compare at least two years of financial data. A great way to exemplify this is to compare Coke to Pepsi. To say which one is better to drink is debatable‚ but what we are looking at is which is better to invest
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Financial Analysis XACC/280 February 05‚ 2012 The two major companies that manufacture beverages are PepsiCo and the Cocoa-Cola Co. These two companies have been in competition for many years and both companies have a variety of choices when purchasing one of their beverages. These companies can be identified through their products such as; if a person were to buy a Pepsi the person
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Internal Controls Xacc/280 Connie Hardgrove Axia College By: Billie Grimes
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Internal Controls Your Name XACC/280 Date Instructor Name Internal Controls Internal controls are an essential asset to any company that wishes to maintain their company’s security and accuracy. These controls help to protect the assets belonging to a company from unforeseen events such as employee theft‚ robbery‚ or any sort of unauthorized use (Weygandt‚ Kimmel‚ & Kieso‚ 2008). They also create the opportunity for accounting records to be more accurate and reliable by limiting the possibility
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Week 6 Checkpoint The accounting cycle is a series of procedures that allow a company to record their transactions and prepare their financial statements in the most accurate way possible. Every cycle starts with a single transaction and ends with the books being closed out for a specific time period. There are nine steps in all. 1. Analyze Business Transactions – As financial transactions occur they are analyzed and considered with respect to their effect on their financial position in the
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During the first nine weeks I have learned an immense amount about myself. The multiple intelligences‚ learning styles‚ and 16 personalities tests have taught me to understand myself and how I learn. When reviewing the results I noticed extreme accuracy in every field covered‚ including‚ how I learn‚ communicate‚ develop relationships and see myself. There were subjects explained that I had never before considered about myself so it was interesting to see how people similar to me perform in those
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Assumptions * Assume fiscal year begins July 1 * Personal savings account of $15‚000 and added family money gives him an investment fund of $35‚000. The $15‚000 personal savings is included in the total investment fund. * Acceptable to base pro forma estimates off of 1956 data. * The property‚ including the two plants‚ can be assumed as Plant & Equipment‚ and given the appraised value of $200‚000. * Assume that this P&E will not need major repair in the near future
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Final Exam – Fall 2011 Name __Caroline Herring__ Part One – Discussion Questions. Answer the questions in sufficient detail. For these discussion questions‚ find at least two online references of examples for each of the questions. In other words‚ what companies are using these topics in their operations? 1.. Explain process variation and process capability as it relates to the 6-sigma quality methodology. What companies are touting the use of 6-Sigma (other than Pocono Medical)? How
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Lesson Plan Week 4 Gain attention: Show a visual image of the heart on the screen using the PowerPoint projector. Go to www.innerbody.com. The students will be getting a new and different image of the heart. The anatomy will be reviewed by placing the pointer over different anatomical structures within the heart. The name of that structure will appear on the screen. This activity will also stimulate learning. 25 minutes Rule/Principle: The student will be able to explain the flow of
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