CHAPTER 1 Managerial Accounting ASSIGNMENT CLASSIFICATION TABLE Brief Exercises 1 A Problems B Problems Study Objectives *1. Explain the distinguishing features of managerial accounting. Identify the three broad functions of management. Define the three classes of manufacturing costs. Distinguish between product and period costs. Explain the difference between a merchandising and a manufacturing income statement. Indicate how cost of goods manufactured is determined. Explain the difference between
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1) Current Ratio The ratio is mainly used to give an idea of the company’s ability to pay back its short-term liabilities (debt and payables) with its short-term assets (cash‚ inventory‚ receivables). The higher the current ratio‚ the more capable the company is of paying its obligations. 2) Quick Ratio An indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet its short-term obligations with its most liquid assets. For this reason‚ the ratio excludes inventories
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Current Affairs Week: 16 Jan 2012 to 22 Jan 2012 International Current Affairs 2012. The Government of India and the World Bank on 20 January 2012 signed an IDA credit of 130 million US dollars to finance the project called NERLP (North East Rural Livelihoods Project) Tags: Union government of India‚ World bank‚ Current Affairs January 2012‚ North east region India announced a Substantial Increase in Educational Assistance to Sri Lanka Current Affairs Week: 16 Jan 2012 to 22 Jan 2012 International
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200101 Accounting Information for Managers Tutorial Solutions - Week 7 School of Business│ Spring 2012 STAFF Unit Coordinator Graeme Mitchell Building ED.G.212‚ Parramatta campus Please contact via e-mail (if required) Email: g.mitchell@uws.edu.au vUWS Coordinator‚ and External Studies Coordinator Simon Lenthen Building ED.G.11‚ Parramatta campus Unit administration School of Business Undergraduate Student Services Team Building EQ‚ Parramatta campus (Manu Cherian)
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define accounting. What are the three main characteristics of accounting? Is accounting static or dynamic? Accounting collects‚ analyzes‚ measures and records financial information about an organization and reports that information to stakeholders and decision makers. Accounting has 3 essential characteristics. Accounting is the (1) identification‚ measurement‚ and communication of financial information about economic entities to interested persons. Like social sciences‚ accounting is largely
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developed certain basic standards against which the mushrooms are measured before they are used. This chapter intends to focus on these standards‚ employed to distinguish among the mushrooms.
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ABAP/4 Programming Standards Version 1.03 Printed at: 03/18/98 9:55 AM Chapter 1: Overview 1-1 Maintenance of Standards 1-1 Introduction 1-1 Process for Changing / Updating Standards 1-1 UPI 1-1 Chapter 2: Naming Standards 2-1 Technical Naming Standards 2-1 Introduction 2-1 Naming Patterns 2-1 Development Classes 2-3 Function Groups 2-4 External Files 2-4 Naming External Files 2-4 Defining External Files in Programs 2-4 UPI Objects
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Outline the current legislation covering home based childcare‚ and the role of regulatory bodies. Current legislation: Every Child Matters This was the name of the green paper produced in response to the Laming inquiry into the death of Victoria Climbié in 2000. It went on to form the basis of the 2004 Children’s Act. The paper lists five outcomes which were identified in consultation with children and young people: Being healthy: enjoying good physical and mental health and living
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Introduction Traditionally‚ cash basis of accounting has been used in the public sector; however‚ in recent years extensive debates have emphasised whether a move to accruals basis of accounting would be more feasible. The proponents argue for such a change due to the benefits accruals basis has to offer. There are still heavyweight supporters for cash basis such as IFAC – a body that issued 21 IPSAS based on IMF‚ EU Commission‚ and IFRS / IAS (Jorge Faustino‚ 2008). Moreover‚ there are several organisations
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Ministry of Health established the National Drinking Water Quality Standards (NDWQS) in 1983‚ with the most recent revision in 2000 due for circulation for use in 2002. The standards stipulate limits for physical‚ chemical‚ microbiological and radiological parameters and compliance with these standards is mandatory for all private water suppliers. Supporting documentation is available to ensure effective implementation of the standards and include information on the National Programmed for Drinking
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