expenses. c. accounts receivable. d. accounts payable. ANS: Q. Which of the following is considered an asset? a. Accounts payable b. Prepaid expense c. Bad debt d. Stockholders’ equity ANS: Compiled by Manek. 2011. P age |1 ACCY111 / SAMPLE TEST PAPER Q & A Q. The role of accounting in business is best defined as a. an information system that provides reports to stakeholders about the economic activities and condition of a business. b. a method of forecasting the future profitability of a company
Premium Generally Accepted Accounting Principles Balance sheet
P4-39 a) Net Operating profit after Taxes (NOPAT) * NOPAT2011= 2114-714-2 +(51-87)*.37 * NOPAT2011=$1389 b) Net Operating Assets (NOA)= Operating Assets- Operating Liabilities * NOA2011= (17849-1103-22) - (8663-557-441)- 1183 NOA2011= $7876 * NOA2010= (18302-1826-90) – (8978-663-35) – 1256 NOA2010= $6850 c) RNOA2011= NOPAT/ AVG NOA * RNOA2011= 1389/((7876+6850)/2) RNOA2011= 18.86% NOPM2011= NOPAT/SALES * NOPM2011= 1389/50272 NOPM=2.76% NOAT2011=
Premium Generally Accepted Accounting Principles Profit Financial ratio
Maslow’s hierarchy of needs theorizes that an employee’s most basic needs must be met before he will be motivated by higher needs. The hierarchy consists of five categories physiological‚ safety‚ belongingness‚ esteem and finally self-actualization. Maslow theorized that we are driven by primary needs‚ however the strongest source of motivation is the lowest unsatisfied need at the time; as the lower level need is satisfied the next higher need in the hierarchy becomes the primary motivator. With
Premium Motivation Maslow's hierarchy of needs Management
Jump to Navigation Frame Your location: Assessments › View All Submissions › View Attempt View Attempt 1 of 1 Title: | Ch01 Quiz | Started: | August 21‚ 2012 9:12 AM | Submitted: | August 21‚ 2012 9:22 AM | Time spent: | 00:09:30 | Total score: | 10/10 = 100%Total score adjusted by 0.0Maximum possible score: 10 | 1. | ch01001 | | Financial accounting information is: | | | Student Response | Value | Correct Answer | Feedback | A. | Designed to assist investors and creditors
Premium Generally Accepted Accounting Principles Revenue Balance sheet
1st of February and today is 1st of March of the same year. You have just paid him his salary. What accounts will this transaction impact? Answer : Engineers cash account increases and company balance decreases . In terms of accounting head : (DR) Salary account (L) (CR) operating expense account ( Bank) (A) Bravo Corporation borrows Rs 1‚000‚000 on 1st Jan 2013 from a bank for corporate
Premium Generally Accepted Accounting Principles Expense Depreciation
senior bowler his temperament will be useful for the tourists as they seek to reverse a 1-0 series deficit. While Starc can be expected to come back into the team at a later date‚ Cowan may have played his last Test. He had taken part in 18 consecutive matches since his debut on Boxing Day 2011‚ but a record of only one century and an average of 31.28 always left him vulnerable to omission. Australia: 1 Shane Watson‚ 2 Chris Rogers‚ 3 Usman Khawaja‚ 4 Michael Clarke (capt)‚ 5
Premium
Stages of Maslow’s Hierarchy Candice Jumper Everest Online SPCP 2300-12 Stages of Maslow’s Hierarchy 1. There are five levels to Maslow’s Hierarchy of Needs: · Physical Needs · Safety Needs · Belonging Needs · Self-Esteem Needs · Self-Actualization Needs Physical Needs: These needs are the most basic level‚ humans need to survive and communicate helps us to meet this need. Example: Being able to discuss all my problems with my family at home. Safety Needs: We meet safety needs through
Premium Maslow's hierarchy of needs Psychology Abraham Maslow
to achieve their life. According to Orlando (1960)‚ “need is a necessity of the person which‚ if supplied‚ relieves or diminishes his immediate distress or improves his immediate logic of adequacy or well-being”. Health and survival is the most important for human being to live longer and healthily. Hence‚ human needs medical treatment and consultation from doctors‚ who known as patient. Nurses play a vital role to fulfill patient’s needs. Patients have to be satisfied with nurses’ job as
Premium Maslow's hierarchy of needs Abraham Maslow
Problems –Financial Statement‚ Taxes and Cash flows: 1) Penguin Pucks Inc has current assets of $5100‚ net fixed assets of 23800 current liabilities of $4300 and long term debt of $7400.What is the value of the shareholder equity account for this firm ? How much is the net working capital? 2) Papa Roach Exterminators Inc has sales of $586000‚ costs of $247000‚ depreciation expense of$43000‚ interest expense of $32000 and a tax rate of 35 per cent .What is the net income for this firm?
Premium Generally Accepted Accounting Principles Inventory Depreciation
TUI University ACC 403 Mod 1 CA March 8‚ 2013 Part I. Generally Accepted Accounting Principles (US GAAP) The common set of accounting principles‚ standards and procedures that companies use to compile their financial statements are called Generally Accepted Accounting Principles. GAAP are a combination of authoritative standards (set by policy boards) and simply the commonly accepted ways of recording and reporting accounting information. “Published accounts have to follow the GAAP
Premium Balance sheet Generally Accepted Accounting Principles International Financial Reporting Standards