Lorenzo ACCTG 117 Payroll Accounting Management Monday Morning Class 02/04/2014 Matching Quiz 1. B 2. D 3. F 4. A 5. H 6. I 7. J 8. C 9. E 10. G Questions for Review 1. The Department of Labor enforces the Fair Labor Act which sets the basic federal minimum wage at $ 7.25 per hour and for the state of California’s minimum wage is $ 8.00 per hour. 2. The information that needs to be maintained by FLSA concerning employees’ wages earned is data about hours worked. 3. An employer pays half
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Lauren an opportunity to launch his own line of ties. His experience was definitely beneficial to his career as he looked into different aspects of the garment industry and he learnt about his customers which is very important and the key to success. 3. Currently‚ how many divisions does Ralph Lauren operate under his name? Can you identify the target market of each division? Are they homogenous or diverse? Ralph Lauren has over 15 divisions and each division has a clear target market. There are many
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3.0 Data Gathering Procedures and Outputs The success or failure of any research studies depends on how much data have been gathered‚ analyzed and implemented by the researchers. Data Gathering is used to know about the system under study. The proponents need to conduct a data gathering for varied reason; it is used to improve the store’s billing and customer information system; and to produce an output that has value to its user that must be in line with the expectations of the intended user.
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Questions 1. Which of the following statements about managerial accountants is false? A. Managerial accountants more and more are considered "business partners." B. Managerial accountants often are part of cross-functional teams. C. An increasing number of organizations are segregating managerial accountants in separate managerial-accounting departments. D. In a number of companies‚ managerial accountants make significant business decisions and resolve
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CA 1-4: (a) Differentiate between Financial Accounting and Managerial Accounting. While financial accounting is the process that culminates in the preparation of financial reports on the enterprise for use by both internal (as managers) and external parties (as investors‚ creditors‚ unions‚ and government agencies)‚ managerial accounting is the process of identifying‚ measuring‚ analyzing‚ and communicating financial information needed by management to plan‚ control‚ and evaluate a company’s operations
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resources to support students learning. 2. Audio Resources MP3 Player Compact Disc Improve listening Skills Easy to operate Can be used for big or small groups Teachers can be used in speech rehearsals‚ drama‚ musical presentation etc. 3. Non-electronic Visual Resources Bulletin Board Mock Ups It is highly versatile Intended to show the essential parts which are made detachable. The teacher uses it to present a preview of the lesson to be presented as a way of motivating the students
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Chapter 6 Cost-Volume-Profit Relationships Solutions to Questions 6-1 The contribution margin (CM) ratio is the ratio of the total contribution margin to total sales revenue. It can be used in a variety of ways. For example‚ the change in total contribution margin from a given change in total sales revenue can be estimated by multiplying the change in total sales revenue by the CM ratio. If fixed costs do not change‚ then a dollar increase in contribution margin will result in a dollar
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characteristics of a future contract. How does a clearinghouse facilitate the trading of financial futures contracts? 2. How does the price of a financial futures contract change as the market price of the security it represents changes? Why? 3. Explain why some futures contracts may be more suitable than others for hedging exposure to interest rate risk. 4. Will speculators buy or sell Treasury bind futures contracts if they expect interest rates to increase? Why? 7. Financial
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Difficulty: Easy Learning Objective: 1-3 2. General partners have limited personal liability for business debts in a limited partnership. FALSE AACSB: Communication Abilities Bloom’s: Knowledge Difficulty: Medium Learning Objective: 1-3 3. The separation of ownership and management is one distinctive feature of corporations. TRUE AACSB: Reflective Thinking Skills Bloom’s: Understanding Difficulty: Easy Learning Objective: 1-3 4. A major disadvantage of partnerships
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b. watchit& 2. You’ve obtained over a hundred large graphics files to use in publications‚ but you want to be sure there is enough available disk space on your computer to store these files.Which of the following commands should you use? a. df 3. Your company is launching a marketing campaign‚ and to start‚ you’ve created a file called promotion in normal uppercase and lowercase letters that will be used to place text for ads on the Internet and in newspapers.When you show the promotional text
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