gooda available for sale. -the consistency principle states that the busineses should use the same accounting methods from period to period. -under the FIFO‚ the ending inventory is based on the cost of the most recent purchases. -the value of purchases remains the same irrespective of the inventory valuation method used. -using FIFO‚ the COGS is based on the oldest purchases. -the accounting conservatism principle requires that financial statements should report LEAST favorable figures. -do
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ĐỀ THI KIỂM TRA GIỮA KỲ Môn học: KẾ TOÁN QUẢN TRỊ (Managerial Accounting) Lớp: KT302DV01‚ HK10.1 Thời lượng: 6 0 phút (Không kể thời gian phát đề) Không được tham khảo tài liệu‚ Chỉ được sử dụng từ điển Anh – Việt‚ không sử dụng Kim từ điển Sinh viên làm bài trên đề thi Đề thi gồm 07 trang Họ tên sinh viên: …………………………………………………. Chữ ký và họ tên cán bộ coi thi 1 Chữ ký và họ tên cán bộ coi thi 2 Đ iểm thi Bằng số Đ iểm thi b ằng chữ ………………………………………………… MSSV: ………………………………………
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(a) Briefly explain what prompted some countries over the world to strongly advocate harmonization of accounting. The important reasons which necessitate harmonization of accounting practices are well contained in the observation made by Saudagaran. “While the initial efforts at harmonization were mainly championed by political bodies and professional accounting organizations‚ current pressures to harmonize are driven by investor groups who use financial statements‚ multinational companies which
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The Purpose of Prison Robert Lingo CRJ 303 Bridget Lott March 2nd‚ 2012 The Purpose of Prison Not everyone is model citizens within a society. Individuals cheat people out of money‚ murder‚ rob‚ and rape others within society. When people commit crime against others and not stay within the law they must be punished. This research paper will discuss the purposes for prisons‚ and analyze conditions of prison. There are programs in prison and out of prison to try to reduce an individual from returning
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1.Managerial accounting vs financial accounting Managerial accounting information system is an information system that produces outputs using inputs and processes needed to satisfy specific managerial objectives. How do management accounting and financial accounting differ? Management Accounting Financial Accounting 1. Internally focused
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affairs in their own best interests‚ the overall economy will work well. As Smith put it‚ in a market economy‚ individuals pursuing their own self-interests seem to be led by an invisible hand to maximize the general welfare of everyone in the economy. However‚ we must not overstate what Smith claimed: To say that an invisible hand is at work does not mean that no one in a market economy will be hungry or dissatisfied; free markets cannot insulate a nation from the effects of drought‚ war‚ or
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Integrity in Accounting “In 2001 and 2002 corporate giants like Enron‚ Global Crossing‚ and WorldCom were forced to declare bankruptcy‚ and massive accounting and other irregularities were revealed… In response to the public outcry that ensued‚ the [Sarbanes-Oxley] Act was enacted” (Lander‚ 2004‚ p. 1). Officials feared that because of these scandals in the financial reporting industry that investor confidence would be lost‚ which would cause the economy to deteriorate. The purpose of the Sarbanes-Oxley
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Statement of Purpose Dora Gyulai Applying for Master of Professional Studies Sports Industry Management I‚ Dora Gyulai‚ am applying to Georgetown University for admission to Master’s Program in Sports Industry Management. Why higher education? Sport has always been important in my life. I have been a professional athlete since childhood and today my interest transformed into management. Higher education is the first step to achieve my goals in the sport industry. I have imagined
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BM6026 - Managerial Accounting & Finance Mini Assignment - Sem 1 2014/2015 Name : Suriati Binti Yusse Matric no : MB1412199T Class : Tuesday - 7.00PM - 10.00PM product selling price Variable Cost : Material : Extract of Tongkat Ali Other Ingredients Packing Material Overhead Cost : Drying cost of liquid Other Overhead Cost Labour Cost : Processing Packaging Total Variable Cost Unit Contribution Margin Expected volume sales % of total sales Weighted Contribution Q1 : capsule
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Internet or any other media outlet‚ has been put out by a person for a certain purpose. With these purposes‚ often comes censorship. Censorship is defined as the suppression of speech‚ public communication or other information‚ which may be considered objectionable‚ harmful‚ sensitive‚ politically incorrect or inconvenient as determined by governments‚ media outlets‚ authorities or other groups or institutions. So the purpose of censorship‚ and the reason that it exists‚ is to alter information or media
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