Accounting consists of basic assumptions‚ principles‚ and constraints. There are four basic assumptions of accounting that are the fundamental basis of any set of accounts. The four basic assumptions of accounting include: monetary unit assumption‚ economic period assumption‚ time period assumption‚ and going concern assumption. Monetary unit assumption states that only transaction data that is expressed in terms of money can be included in the accounting records. Economic period assumption states
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1. Who are the stakeholders involved in this decision? Although Anne‚ the CEO‚ and Sue‚ the accountant are involved in this decision it is the banks‚ Linkage Construction Inc. employees and investors‚ and subcontractors if any are used are the affected stakeholders involved in this decision. 2. What are the ethical issues involved? The ethical issue involved is changing the expense report to show lower expected profits for the current year just to manipulate the growth trend of the company which
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Greek architecture started to be restored to its previous glory in the 7th century. In the beginning Grecian architecture was constructed from mud and wood. However‚ as time progressed‚ the buildings began to be made of limestone‚ and those buildings remained. The limestone buildings are the buildings that we see today. In the latter Greek architecture‚ there are three time periods that are expressed. These periods are Classical‚ Hellenistic‚ and Roman. Limestone was excavated and cut into
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Top-Level Objects Communicates With Incoming Messages Outgoing Messages Microwave Door Control Panel NA Door Open Control Panel Setting Door‚ Display Panel‚ Temperature Setting Open or Close Door Oven On or Off Time‚ Date‚ Start‚ Clear‚ Power Setting Oven Control Control Panel Start‚ Stop‚ Power Setting Temperature‚ Oven On or Off Turn Table Control Panel Start or Stop Turn Table will start spinning or stop Explain some of the graphical user interfaces (GUIs) and communications messages
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advice of an unbiased third party. Please consider the following tax and nontax considerations as you recommend an entity choice to Penelope‚ Mark‚ and John. Part I: Discuss the various forms of organization that are available to Penelope‚ Mark‚ and John. There are a number of different forms of organizations for Penelope‚ Mark‚ and John to choose. The four main ones are a partnership‚ Limited Liability Corporation (LLC)‚ S Corporation‚ or C Corporation. In a partnership all partners are personally
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and task. It disrupted their organizational culture. According to Robbins and Judge (2007) organizational culture “refers to a system of shared meaning held by members that distinguishes the organization from other organizations” (p. 573). This culture is comprised of characteristics that the organization values. Robbins and Judge offer seven distinct characteristics that are valued. For this simulation the two most important characteristics that contribute to the culture is outcome orientation
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actions of all parties and processes which interact with the information and to determine if the actions are appropriate. Numerous threats exist to computer systems and the information they contain originating from within and outside organizations. Some common threats include malicious code such as viruses‚ Trojan horses‚ or worms. Malicious code often takes advantage of vulnerabilities in operating system software but depends‚ too‚ upon organizational weaknesses such as the failure
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I have identified that there are some differences and similarities among small‚ medium‚ and large facilities with the organization of patient files and the handling of loose reports. I have spotted between the small‚ medium‚ and large facilities they all like their loose files to be permanently anchored in the charts. There was a few that went by what their policy and procedures were and by group decision. Most facilities like their reports to be permanently anchored in the patients charts at all
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There are many different types of contraception available on the market today. Each type of contraception offers different advantages and disadvantages‚ and is not a one size fits all thing. Each person has different needs that need to be considered with choosing their birth control‚ and some people may choose to not be on any sort of birth control. Religion and differing views may also play a factor in choosing a type of birth control. Tina and Dan are a newly married couple who‚ prior to marriage
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(upward and downward communication problem) The safety memo case proved that The Cable Company has problems with communication between managers and employees at every level of hierarchy at the company. There is not a clear direction given for what job duties are performed by whom. If important information is needed to be given‚ there is no set protocol on how to do so or who to report to. There is no chain of command identifiable and thus creates confusion on how processes should be done
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