Chapter 7 – Quiz Answers 1. What are the objectives of bank performance analysis? • evaluate progress towards meeting the goals and objectives set out by management‚ and • compare a bank’s performance relative to other banks • highlight strengths and weaknesses • for management to take appropriate remedial action 2. What are the main external forces that have an impact on a bank’s performance? • Deregulation – unleashed competition on both sides of the balance sheet. • Innovation and Globalisation
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The identification and removal of semantic interference in analysis phase includes three process namely‚ i. Identification of base and cross-cutting themes ii. Generation of Intermediate code iii. Identification of Interferences iv. Definition of rules to resolve data and control-flow Interferences A. Identification of base and cross-cutting themes The main aim of analyzing the requirements is to find the base and the cross-cutting themes using the Theme approach. From the above stated requirements
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ACCOUNTING NOTES FOR MY PERSONAL USE 4/12/2013 ELISHA VERIWA | Introduction to Accounting Accountancy is the process of communicating financial information about a business entity to users (stakeholders) such as shareholders and managers (Elliot‚ Barry & Elliot‚ Jamie: Financial accounting and reporting). Accounting has been defined as: * the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least
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Fiber Intermediates: Fiber Intermediates have large production capacity in India. Globally the demand for all categories of Fiber is increasing at a pace of 3-4 MT annually. Polyester is accounted for 70% of the total growth of fiber in all categories in next decade. This global demand scenario has a positive impact on the Indian market as well. Polyester demand in India is likely to grow at 12% Y-o-Y to .5 MPTA. Demand of Polyester will also result into demand growth of PX which is expected to grow
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CHECKPOINT: INTERMEDIATE SANCTIONS Intermediate sanctions; offers various different sentencing options to those in need of a more rigorous guidance than that of probation and less restrictive than incarceration and both being primary forms of punishment. The purpose for intermediate sanctions is to reduce the issues concerning overcrowded facilities and probation officers and offices short on staff. The options used for punishing criminals such as‚ fines‚ community service‚ restitution‚ forfeiture
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Problem sET A Problem 4-1A (40 minutes) Aug. 1 Merchandise Inventory 6‚000 Accounts Payable—Abilene 6‚000 Purchased goods on credit. 4 Accounts Payable—Abilene 100 Cash 100 Paid freight for Abilene. 5 Accounts Receivable—Lux 4‚200 Sales 4‚200 Sold goods on credit. 5 Cost of Goods Sold 3‚000 Merchandise Inventory 3‚000 To record the cost of August 5 sale. 8 Merchandise Inventory 5‚540
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CHAPTER 17 PROCESS COSTING 17-16 (25 min.) Equivalent units‚ zero beginning inventory. 1. Direct materials cost per unit ($750‚000 ÷ 10‚000) $ 75.00 Conversion cost per unit ($798‚000 ÷ 10‚000) 79.80 Assembly Department cost per unit $154.80 2a. Solution Exhibit 17-16A calculates the equivalent units of direct materials and conversion costs in the Assembly Department of Nihon‚ Inc. in February 2009. Solution Exhibit 17-16B computes equivalent unit costs. 2b. Direct materials cost
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By accessing this Question Assistance‚ you will learn while you earn points based on the Point Potential Policy set by your instructor. Brief Exercise 1-8 Your answer is correct. Use the basic accounting equation to answer these questions. (a) The liabilities of Daley Company are $93‚820 and the stockholders’ equity is $255‚900. What is the amount of Daley Company’s total assets? Total assets 349‚700 add liabilities and stockholders equity
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and Ethical Considerations • Manipulation of financial reporting – Usage of subsidiaries or other entities to borrow money without reporting the debt on their balance sheets – Using special entities to manipulate profits – Manipulation of accounting for mergers and acquisitions • Pooling-of-interests 1-4 Business Expansion and Forms of Organizational Structure • Expansion from within: New subsidiaries or entities such as partnerships‚ joint ventures‚ or special entities • Motivating
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(Difficulty Levels: Easy‚ Easy/Medium‚ Medium‚ Medium/Hard‚ and Hard) Please see the preface for information on the AACSB letter indicators (F‚ M‚ etc.) on the subject lines. Multiple Choice: True/False (16 Intro) Net working capital F S Answer: b EASY 1. Net working capital‚ defined as current assets minus the sum of payables and accruals‚ is equal to the current ratio minus the quick ratio. a. True b. False (16 Intro) Net working capital F S Answer: b EASY 2. Net working capital is defined
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