E9-7 Brainiac Company purchased a delivery truck for $30‚000 on January 1‚ 2011.The truck has an expected salvage value of $2‚000‚ and is expected to be driven 100‚000 miles over its estimated useful life of 8 years.Actual miles driven were 15‚000 in 2011 and 12‚000 in 2012. Instructions (a) Compute depreciation expense for 2011 and 2012 using (1) the straight-line method‚ (2) the units-of-activity method‚ and (3) the double-declining balance method. (b) Assume that Brainiac uses the straight-line
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Testimony of Dr. Alan Greenspan Committee of Government Oversight and Reform October 23‚ 2008 Word Count: 1‚133 Mr. Chairman and Members of the Committee: Thank you for this opportunity to testify before you this morning. We are in the midst of a once-in-a century credit tsunami. Central banks and governments are being required to take unprecedented measures. You‚ importantly‚ represent those on whose behalf economic policy is made‚ those who are feeling the brunt of the crisis in their workplaces
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Law No. 25 of 1999 on Financial Balance of the Central Government and the Regions‚ and the rules for its implementation in particular Regulation Number 105 Year 2000 on the Financial Management and Accountability of the starting fiscal year 2001‚ there has been a renewal in financial management area. With this autonomy‚ the area is given broad authority to take care of their own household with minimal government intervention. Local governments have the right and authority to use the vast financial
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Government Comparisons The United States of America’s government has progressed significantly since the Mayflower landed in 1620. What was once dominated by an unjust monarch once dominated is now governed under a fair and democratic republic. Despite this progress‚ it is important that one takes the time to step back and analyze our roots and the environment in which we live now. By doing this‚ one gains insight into how different governments function and how their country is affected by the government
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Project Oversight Albert Payne CPMGT/303 June 29‚ 2015 Roy Wood Introduction We will look at the oversight in my organizations process in project management. Although we have certain processes and procedures in which we use I will incorporation project oversight in those areas. One process that stands out for my organization is called “Post Mortem”‚ this is a process that the executive branch uses on closure of projects or tasks. Post Mortem is where the manager of that department
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care‚ improving the quality of health care. This trillion dollar takeover of health care will just make things worse for us Americans. This plan will add hundreds of billions of dollars to the deficit. It would also mean new taxes and a huge backdoor premium that will make health care costs even higher‚ not lower. Businesses and taxpayers will be stuck paying for a government run plan through higher taxes‚ these costs we cannot afford at this time when our economy is facing real challenges. When
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ZZZZ Best Company Fraud Case Study 1) At an early age‚ Barry Minkow was introduced to the carpet cleaning industry by his mother who worked part time as a telephone solicitor for a small carpet cleaning company. This insight of the industry allowed Minkow to understand that the carpet cleaning industry was one which had very few barriers to entry‚ no licensing requirements‚ and required only a small amount of capital to enter. Also‚ because of these few barriers to entry‚ the industry has historically
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this case (you may choose to focus upon only the Essendon Football Club): ‘Principal-Agent problems are caused by insufficient oversight by company directors.’ Corporate Governance is a complex field that started to develop very quickly this last decade. The collapse of international firms‚ the financial crisis‚ the international scandals‚ the pressure from the governments and non-profit organizations… are all participating factors that make Corporate Governance an important concern of everyday business
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Darrolyn Simmons June 6th‚ 2014 U.S Government Structure The U.S. government ’s primary role is to ensure the economic and social well-being of its citizens. A controversial debate that rises from this responsibility concerns the degree to which and how the government should be actively involved within the community. Areas of continued government involvement include assistance to small business and reducing the poverty level. Although the
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The Abuse of Government Assistance is a Huge Problem The amount of people out there that abuse Government Assistance and welfare system is rapidly increasing. The goal of government assistance should be to help people attain a position in life where they no longer need assistance. There will always be select people that need assistance their entire lives. Mentally and physically challenged people fall into that category. Shouldn’t the majority of our government assistance go to people in that category
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