AC301: Intermediate Accounting II CPA Exam and Qualifications Wendy Roy 10/20/2014 I went and visited a few websites to understand completely California laws for the CPA‚ some of the websites I visited were; California Board of Accountancy‚ CalCPA‚ and This Way to CPA. These websites gave insight to the education standards that California requires before taking the exam. There are many different advantages to becoming a CPA board member‚ some of these advantages are; salary‚ demand‚
Premium Management Certified Public Accountant Accountant
differentiate based on how a company finances its assets‚ ROCE does. ROA does not distinguish between the different types of income items‚ such as income from continuing operations‚ discontinued operations‚ extraordinary items and changes in accounting principles‚ ROCE does. ROCE does not distinguish between the different types of income items‚ such as income from continuing operations‚ discontinued operations‚ extraordinary items
Premium Investment Generally Accepted Accounting Principles Profit
Reviewing Key Concepts Chapter 7 1. What are resources? 1. Answer: A resource is anything a person can use to help Reach his or her goals. 2. What resources do you have that can help you choose a satisfying career? 2. Answer: Your resources include your personality‚ Self-concept‚ interests‚ attitude‚ aptitudes‚ abilities‚ and Values. Each of these can affect the career choice you make. 3. Name a career and five personality traits that would help a person succeed in it. 3. Answer: Wedding
Premium Personality psychology
Key Concepts in Politics GVPT 100 SEPTEMBER 12‚ 2007 OUTLINE 1. What is a Concept? 2. Fundamental Political Concepts: 1. 2. 3. 4. 5. 6. GOVERNMENT/GOVERNANCE HUMAN NATURE LAW POWER SOVEREIGNTY STATE CONCEPT A concept is a general idea about something‚ usually expressed in a single word or a short phrase. A concept is more than a proper noun or the name of a thing. Concepts are ’general’ in the sense that they can refer to a number of objects‚ indeed to any
Premium Sovereignty Political philosophy Sovereign state
Intermediate Accounting E2-1 a. True b. False – General-purpose financial reports also assists other people who don’t have the authority to demand financial information they need and so must rely on the information in financial reports. c. False – standards that are based on individual conceptual framework will result in different conclusions being drawn on similar issues‚ and thus would not be consistent and comparable. d. False – General purpose financial reports are also beneficial
Premium Generally Accepted Accounting Principles International Financial Reporting Standards Income statement
BRIEF EXERCISES Brief Exercise 4–1 PACIFIC SCIENTIFIC CORPORATION Income Statement For the Year Ended December 31‚ 2013 ($ in millions) Revenues and gains: Sales .................................................................. Gain on sale of investments ............................. Total revenues and gains .............................. $2‚106 45 2‚151 Expenses and losses: Cost of goods sold ............................................ Selling..............................................
Premium Income statement Revenue Income
that the adjusting entry reduces the expense and liability since days paid in 2012 are higher than days earned‚ thereby reducing what we owe. PROBLEM 3 Coupon A is not considered a liability since there is no future sacrifice (as defined by accounting). When the coupon is submitted‚ we will earn less profit‚ which is a legitimate marketing strategy. Coupon B is considered a liability since there is a probable future sacrifice‚ the company is currently obligated‚ and the issuance of the coupon
Premium The Loss Depreciation Marketing
KEY MARKETING CONCEPTS Marketing Research December 13‚ 2011 Marketing is very important and a key concept in creating a successful business. “Marketing is the management process responsible for identifying‚ anticipating and satisfying customer requirements profitably” (Chartered Institute of Marketing). The primary purpose of a business is to obtain and retain customers. Through key marketing concepts‚ businesses have the opportunity to obtain customers which is vital to the life
Premium Marketing
This course has been an eye-opener for me and the way I see nutrition. I have learned many concepts that would be beneficial for me as a mother‚ and a caregiver. As a mother‚ I have learned that family meal times helps kids and adult to manage their weight and most importantly the connection and communication it brings between children and parents. One of the key concepts I have learned and would use as a nurse is that Nutrition is essential in patient’s life going through any sickness. It promotes
Premium Health care Patient Nursing
Thus‚ the term “globalization” is quite familiar to us‚ and we all acknowledge that we are in the era of globalization. However‚ globalization itself is a very wide‚ abstract‚ and at times even contradictory concept. Therefore‚ in this essay‚ my discussion will only focus on one of the key concepts of globalization‚ interconnectedness‚ which is the most important feature in the process of globalization. Thomas Eriksen‚ in his book‚ explains that interconnectedness is a result of globalization. Most
Free Globalization Multinational corporation