accrual-basis accounting and cash-basis accounting? The variation between accrual basis accounting and cash basis accounting‚ is how cash is documented. Cash basis is an accounting basis that is used when expenses and revenue are paid out or received. This is when the transaction will be recorded. In accrual-basis accounting‚ transactions are recorded when they actually happen. Payment does not need to be made for the transaction to be recognized in accrual-basis accounting unlike cash-basis. Both
Premium Generally Accepted Accounting Principles
Chapter 23: Transmission Mechanisms of Monetary Policy: The Evidence I. Framework for Evaluating Empirical Evidence Two Basic Types of Empirical Evidence Structural Model - Examines whether one variable affects another by using data to build a model that explains the channels through which the variable affects the other. M i I Y Transmission mechanism The change in the money supply affects interest rates Interest rates affect investment spending
Premium Inflation Monetary policy
Journal #6 – 23 Skidoo We’ve recently watched the movie 23 Skidoo both in class and on our own time at home. When I first saw it in class‚ I was a bit confused and I didn’t really understand what was happening in the film. After re-watching it‚ I understood that it is a film about a post-nuclear bomb explosion. What’s different about this movie is that there is no narrative‚ or actors‚ but there is music. I find that it makes you concentrate more on what’s happening in the film because no one’s
Premium Film Entertainment Film director
\ Chapter 23 Reading guide 1. what is the smallest unit of evolution and why is this important to understand? The population is the smallest unit of evolution . This is important to understand because it keeps clear what is evolving. 2. Define the following terms: a. Microevolution: evolutionary change below the species level; change in the genetic makeup of a population from generation to generation. It is evolutionary change on its smallest scale b. Population: a localized group
Premium Evolution Population genetics Natural selection
Kristen’s Cookie Company Case write-up Process flow diagram Inputs Basic Dough‚ Ingredients Output Cookies packed in boxes Flow Units Cookies Resources Kristen and her roommate‚ Oven‚ Spoons‚ Trays‚ Food Processor Assumptions 1. An order is for a dozen cookies of any one type. 2. Kristen and her roommate work for 4 hours per day. Q1. Time Taken for a rush order = Sum of time taken for Activities 1‚2‚3‚4‚5‚6‚ and 7 for an order
Premium Cost Costs Variable cost
are open four hours each night? • 4 hours = 240 minutes • Bottleneck is the oven (setting and baking)‚ which takes 10 minutes • Must account for the 8 minutes required to prepare prior to baking (wash/mix/spoon) the first batch • Must account for the 8 minutes required to complete (cooling/accept payment/packaging) the final batch • 240 – 8 – 8 = 224 minutes available for bottleneck usage • Each order is 1 Dozen i. Each order requires 1 instance of bottleneck resource: 10 minutes cycle time
Premium Cost accounting
cross-functional integrated enterprise systems in business? Due to positive turnout of many businesses‚ cross-functional integrated systems is not only becoming a trend but will be here to stay. The whole system provides savings from time‚ cost and quality compared to manually re-entering of data from one business function system into another system especially if it is still on a non-integrated environment. Thru the integrated systems‚ the managers can have direct access to relevant information
Premium Accounting software Supply chain management Accounts receivable
Managerial Accounting Focusing on Internal Accounting Debby L. Lenahan AIU Online ACCT310-1302A-04: Managerial Accounting interoffice memorandum to: | CEO | from: | debby lenahan | subject: | hiring new managerial accountant | date: | May 5‚ 2013 | cc: | prof. kristina unutoa | | | It is imperative that we hire another managerial accountant to focus on our internal accounting. Our internal accounting is very important because this is what sets our standards and policies.
Premium Ethics Business ethics Business
1/28/2014 Pablo Simon Managerial Accounting Strategic business decisions are essential to achieve the long-term goals of the company. Strategies are mostly concerned with the scope of business activities and growth in the business (Rosenzweig‚ 2013). They form the fundamental basis for any organization‚ which is based on the facts and in-depth analysis. Historical trends in the financial statement provide for guidance about the performance of the company which are essential in
Premium Wal-Mart Target Corporation Strategic management
Case 9.1: No Response from Monitor 23 (assignment source article). LOUDSPEAKER: IGNITION MINUS 45 MINUTES... Paul Keller tripped the sequence switches at control monitor 23 in accordance with the countdown instruction just to his left. All hydraulic systems were functioniing normally in the second stage of the spacecraft booster point 1 minus 45. Keller automatically snapped master control switch to GREEN and knew that his electronic impulse along with hundreds of others from similar consoles within
Premium Licensed Professional Counselor Knitting Stress