Instructor’s Manual—Chapter 11 CHAPTER 11 Earnings Management 11.1 Overview 11.2 Patterns of Earnings Management 11.3 Evidence of Earnings Management for Bonus Purposes 11.4 Other Motivations for Earnings Management 11.4.1 Other Contracting Motivations 11.4.2 To Meet Investors’ Earnings Expectations and Maintain Reputation 11.4.3 Initial Public Offerings 11.5 The Good Side of Earnings Management 11.5.1 Blocked Communication 11.5.2 Theory and Empirical Evidence
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next year. Cost of goods sold is recognised at 50% of the sales. (a) Year-end liability and expenses for the year: Liabilities: $10‚000 Expenses: $30‚000 (b) Journal entries: Dr Cash $70‚000 Cr Unearned Revenue/Deposit $70‚000 Dr Unearned Revenue/Deposit $60‚000 Cr Sales Revenue $60‚000 Dr COGS $30‚000 Cr Inventory $30‚000 (3) CoinRich Ltd.’s has a warranty plan. The estimated warranty liability is 10% of cost of goods sold‚ and cost of goods sold for this year was $30‚000. By the
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MIDLANDS STATE UNIVERSITY GRADUATE SCHOOL OF BUSINESS LEADERSHIP NAME JOSHUA NKOMO MODULE ORGANISATIONAL BEHAVIOR MODULE CODE MBM 701 LEVEL 1:1 LECTURER DUE DATE 3 FEBRUARY 2013 QUESTION 1 INTRODUCTION Plumtree Town Council is an organization established in terms of the Urban Councils Act Chapter 29:13. This organization often behave like “sluggish thermostat”. It delays in taking action until crisis develops. This trend seems to
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GAIT ANALYSIS AND RECOGNITION TECHNIQUES Gait analysis is the systematic study of animal locomotion‚ more specifically the study of human motion‚ using the eye and the brain of observers‚ augmented by instrumentation for measuring body movements‚ body mechanics‚ and the activity of the muscles. Gait analysis is used to assess‚ plan‚ and treat individuals with conditions affecting their ability to walk. It is also commonly used in sports biomechanics to help athletes run more efficiently and to identify
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CHAPTER 3 The Accounting Information System ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics Questions 1. Transaction identification. 1‚ 2‚ 3‚ 5‚ 6‚ 7‚ 8 2. Nominal accounts. 4‚ 7 3. Trial balance. 6‚ 10 4. Adjusting entries. 8‚ 11‚ 13‚ 14 5. Financial statements. 6. Closing. 12 7. Inventory and cost of goods sold. 9 8. Comprehensive accounting cycle. *9. Brief Exercises Exercises Problems 1‚ 2 1‚ 2‚ 3‚ 4‚ 17 1 2‚ 3‚ 4 1‚ 2‚ 7‚ 8 5‚ 6‚ 7‚ 8‚ 9‚ 10‚ 20 1‚ 2‚ 3‚ 4
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reporting on the uses of these resources‚ it makes it more difficult to assess the firm’s profitability by comparing the cost of critical resources with the revenues they generate. (2000‚ Choudhary and Healy‚ p.5) If
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Decrease in the uncollectibles allowance as a percentage of gross receivables. The firm’s change of customer focus may prompt managers to decrease the allowance for uncollectible receivables. Recognition of revenues at the point of delivery‚ rather than at the point cash is received. Revenues can be recognized when the customer is expected to pay cash with a reasonable degree of certainty. Capitalization of a higher proportion of software R&D costs. According to SFAS No. 86‚ costs incurred
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dual-income families who don’t have enough time to have a quality lunch. ○3. Franchise expanding. The company’s expanding is a area developer franchise model‚ which means largely massive expanding. The franchise fee is a main resource of the company’s revenue. But this factor must base on the stable profitability and sustainability of all three kind of restaurants —— company-owned‚ financed area develops‚ and non-financed area develops and others. ○4. Technical and Computer bases is a another special
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The history of Land Administration dates back to the olden days of kings and Kingdoms. The Land Revenue was the major source of revenue for the kings. The present system of preparing and maintaining land records originated from the Moghul period and it reached its scientific form during the British rule. During the British times the Revenue Department was the pivot of Administration. The Board of Revenue that wielded extraordinary powers administered it. The Collector was the virtual monarch at the
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in a complex environment. Hence‚ Embedded Intelligent Systems are embedded systems which execute intelligent systems algorithms. Examples are microcontroller in autonomous robots‚ in or in mobile phones with advanced functions such as speech recognition. The microcontrollers involved must provide interfaces such as A/D converters and PWM (pulse width modulation) for data exchange with sensors and actuators in order to interact with the environment. The main components of a device controlled
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