| | |b. Cash basis accounting | | | |c. Both accrual basis and cash basis accounting | | | |d. Neither accrual basis nor cash basis accounting | | |4 |The revenue recognition principle dictates that revenue should be |B | | |recognized in the accounting records | | | |a. when cash is received. | | | |b
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Remote/macro-environment Analysis: Socio-cultural‚ Technological‚ Economy‚ Environmental/Ecological‚ Political‚ Legal (STEEPDG) The US automobile manufacturing industry includes about 200 companies with combined annual revenue of about $250 billion. Major companies are GM‚ Ford‚ and Chrysler (which is controlled by Italy ’s Fiat). The industry is highly concentrated: the top three companies account for more than 90 percent of revenue. Selling the Vision Most US auto manufacturers have experienced
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comes to mind is one that the United States already uses to keep track of its own residents‚ "social security numbers." A general database would need to be developed and then implemented by the government. This general database would not only provide the foreign nationals with a number‚ it would keep track of the individuals by
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1. Discuss the importance of manufacturing industry in Malaysia. Manufacturing is the use of machines‚ tools and labor to produce goods for sale. The term may refer to a range of human activity from handicraft to high tech‚ but is most commonly applied to industrial production‚ in which raw materials are transformed into finished goods on a large scale. Such finished goods may be used for manufacturing other‚ more complex products‚ such as household appliances‚ automobiles or sold town whole sellers
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concepts | | Week 1 Pseudocode Statement ReviewThere are 4 types of pseudocode statements that we learn in Week 1:DeclareYou use Declare to tell the computer the names of variables and the types of variables. The syntax is:Declare variablename as type A variable name must begin with a letter‚ can include letters‚ numbers and the underscore. Spaces are not allowed. The variable type is based on the data that the variable will hold. For example‚ if the variable stores a name‚ then your variable is
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In the recent years Redlands Manufacturing‚ Inc. has been audited and subjected to constant fiscal penalties due to fraudulent financial reporting on the companies part. Due to the following incorrect procedure the company has had to paid a tremendous amount fines: Channel Stuffing: Incorrect Practice: For financial gain‚ Redlands Manufacturing‚ Inc. shipped equipment to vendors with out a full merchant agreement and agreed to except returned merchandise back if it was not sold by yearend
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variations in the relative size of each sector which can be seen in terms of changes in output‚ employment and productivity. ECONOMY STRUCTURES Economies can be divided into three categories: Primary‚ Secondary and Tertiary. The primary economy includes all activities related to the extraction of natural resources e.g. mining‚ farming etc. The secondary economy includes activities related to the production of goods and processing of materials which have manufacturing as its major component. It also
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Executive Summary The following report is providing a overview of the furniture manufacturing company Adorn expanding its sales operations into a foreign country and the consequences of such a decision. The assignment covers: The decision to go global and how to Adorn should choose which country to expand its operations into. Discussed are such aspects as G.D.P. and demographic trends The U.S.A. is the proposed country to expand into. With this‚ data was gathered from many different sources
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Four types of Courage If you ask a class of students to name a courageous person‚ you will be able to hear a multitude of replies of names of famous people. Have you ever considered having the guts to stand out in the crowd and naming yourself as an act of courage makes you a courageous individual? American psychologists Rollo May shares that “It is easier in our society to be naked physically than to be naked psychologically or spiritually.” Humans are born naked. Before human civilization
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Principles of Management 1. Discuss which of the four historic types of approaches to management is best suited to explain management. In your answer‚ please pay special attentions as to which extent each is dealing with the tasks managers have to carry out in all of the four management functions. Student Number: 20028996 Four Historic Approaches to Management 2 The meanwhile increased spread of nearly innumerable different approaches to management‚ also known as the „management
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