Chapter 8 Segment and Interim Reporting Chapter Outline I. FASB Accounting Standards Codification Topic 280‚ Segment Reporting (FASB ASC 280)‚ provides current guidance on segment reporting. A. ASC 280 follows a management approach in which segments are based on the way that management disaggregates the enterprise for making operating decisions; these are referred to as operating segments. B. Operating segments are components of an enterprise which meet three criteria. 1. Engage in business
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company selected Taleo ’s new online performance management system. This system includes a very easy-to-use interface to allow employees and managers to establish well aligned goals. “Standards must be set for each department and individual position. This process is essential for the organization and for each employee” (Schwartz‚ 1999‚ p. 29). Most performance management systems provide this capability - but in this case the company chose Taleo because of the company ’s existing relationship with
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FAR 600 CHAPTER 8 Principle in Accounting‚ and Recognition... DEFENCE OF HISTORICAL COST ACCOUNTING i. Historical cost is relevant in making economic decisions. * Ijiri present 3 reasons historical cost is relevant for making decision * It effect the evaluation n selection of decision rules. It used the past info to measures the quality of their past decisions. * Provides input for satisficing notion where some managers make decisions that will support expected or satisfactory
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1. You have obtained a new utility‚ called watchit‚ to monitor security on your computer‚ and you decide to run the utility in the background. Normally‚ to start the utility you would enter watchit at the command line.Which of the following commands enables you to start and run this utility in the background? 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
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que 8 International data show a positive correlation between political stability and economic growth. a. Through what mechanism could political stability lead to strong economic growth? b. Through what mechanism could strong economic growth lead to political stability? Ans 8 a. Political stability could lead to strong economic growth by making the country attractive to investors. The increased investment would raise economic growth. b. Strong economic growth could lead to political stability because
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Review Questions for Final Exam November 2013 1. Discuss why much of the recent increase in FDI is being driven by the dramatic political and economic changes that have been occurring in many of the world’s developing nations. a. These countries are now open to FDI and companies in places that are developed want to go to places people don’t have all the products or as many of the product they sell. 2. Exporting is an attractive option for products that have a low value-to-weight ratio
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Chapter 8 SECTION 1 MULTIPLE-CHOICE QUESTIONS: 1. Psychologists use the term _________ to refer to the ability to store and retrieve information over time. The process of acquiring and using knowledge is called ________. a. learning; perception b. memory; perception c. learning; cognition d. memory; cognition Answer: d; Moderate 2. Psychologists use the term _________ to refer to the ability to store and retrieve information over time. a. learning b. memory c. cognition d. perception Answer:
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Chapter 8 IT WAS STRANGE‚ DIANORA THOUGHT‚ STILL MOVING THROUGH the crowded Audience Chamber as spring sunlight filtered down on Brandins court from the stained- glass windows above‚ how the so clear portents of youth were alchemized by time into the many-layered ambiguities of adult life. Sipping from her jeweled cup she considered the alternative. That she had simply allowed things to become nuanced and difficult. That the real truths were exactly the same as they had been on the day she arrived
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1. What determines demand for any given currency in the foreign-exchange market? Supply and demand for currencies establishes prices in the foreign-exchange market. Demand for a country’s currency increases when foreigners buy that country’s products. Supply of a country’s currency increases when the residents of a country buy foreign products. 2. What determines supply of any given currency in the foreign-exchange market? The means by which equilibrium is reached in a fixed exchange
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Ethics Chapter 1 An Ethical Dilemma – Questions/Exercises 1. What is/are John’s ethical issues? I do not know the exact definition of ethical but I believe it to be related to our behavior and the decisions we make and if they are considered right or wrong by society. I am sure there are times when a situation may be perfectly legal but we may not think it is okay. Keeping this in mind‚ John’s ethical issues include thoroughly researching IPOs and using this information to his advantage
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