I am a graduate student form Kelley Business School at Indiana University and setout working at your accounting department in Ling Clothing Company. During look through the financial statement‚ I find some of transactions and events have a few mistakes in your company‚ which conflict with accepted accounting theory and GAAP. There are some mistakes I will present: The company switched from FIFO to LIFO in accounting for inventory. The preceding year it had switched from the weighted-average method
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Date: 04/09/2013 To: Wendell Nekoranec From: Favio Suastegui Subject: Act on Facts‚ Not Faith Evidence-based management is important in making management decisions. The article emphasizes facts over “gut instinct” or opinion in making management decisions. Data and evidence provide a basis for which organizations can react to and assess situations. Evidence-based leadership is similar to a scorecard in which organizations can measure results. The purpose of gathering facts is to
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Laurent Bailey ACC 501 Module 1 Case May 9‚ 2015 Mr. Dixit To: Serious Reader Company From: Laurent Bailey‚ Sr. Accountant Date: May 4‚ 2015 Subject: Quarterly Review Serious Reader Company‚ I’ve attached our completed income statement to this email‚ but I also wanted to quickly discuss the outcome your results. Overall Result Over the past year you have sold 4300 books‚ which look great on the surface. However you have experienced a severe profit loss. From the
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and operation of power generating plants and also providing consultancy to power utilities in India and abroad. As on date the installed capacity of NTPC is 27‚404 MW through its 14 coal based (22‚395 MW)‚ 7 gas based (3‚955 MW and 4 Joint Venture Projects (1‚054 MW)‚ NTPC acquired 50% equity of the SAIL Power Supply Corporation Ltd (SPSCL). This JV company operates the captive power plants of Durgapur (120 MW)‚ Rurkela (120 MW and Bhilai (74 MW). NTPC’s share on 31 Mar 2007 in the total installed
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To: Marketing‚ Staff From: Marketing‚ Director Date: 20 January 2013 Subject: Fallen Hero Monument Proposal Our men and women of the United States Armed Forces are every day roles models that protect the values our forefathers fought so hard to attain. As they confront terrorism aboard to protect our city streets‚ their actions have inspired many throughout the world to bear the title American. Though the fight to keep us free is not an easy task they stand ready and willing
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Evaluating Writing Paper CMGT/441 Professor: Dr. Shive Bhagan May 26‚ 2012 University of Phoenix Author ’s Name: Doug Gross Author ’s Title or Position: Tech Author ’s Organizational Affiliation: Facebook Users Date of Page Creation or Version: May 11‚ 2011 Introduction The article on Facebook apps leaked users’ information‚ security. Lawmakers says that hundreds of thousands apps may have gotten access tokens to user personal information into the hands of unauthorized parties
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Master Budget Master Budget Definition The master budget is the aggregation of all lower-level budgets produced by a company’s various functional areas‚ and also includes budgeted financial statements‚ a cash forecast‚ and a financing plan. The master budget is typically presented in either a monthly or quarterly format‚ and usually covers a company’s entire fiscal year. An explanatory text may be included with the master budget‚ which explains the company’s strategic direction‚ how the master
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federal government. OMB works with Congress on congressional appropriations‚ authorizing‚ and budgeting processes to enact the President’s Budget and legislative proposals. OMB coordinates the Administration’s proposed legislation‚ testimony‚ reports‚ and other documents to ensure consistency with Administration policies‚ including the President’s Budget. OMB also prepares Statements of Administration Policy for certain bills scheduled for House or Senate floor action‚ analyzes legislation that
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( http://www.accountingformanagement.com/production_budget.htm ) Production Budget: Learning Objective of the article: 1. Define and explain production budget. 2. Prepare a production budget. Definition and Explanation of Production Budget: The production budget is prepared after the sales budget. The production budget lists the number of units that must be produced during each budget period to meet sales needs and to provide for the desired ending inventory. Production needs can be
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CLICK TO DOWNLOAD PROJ 410 Final Exam 1. (TCO 1 & 4) What would facilitate a business process outsourcing transition quickly and maintain some consistency in the organization? 2. (TCO 4) Under this pricing contract‚ the buyer pays the seller’s actual costs and a fixed fee determined as a percentage of the estimated project costs. 3. (TCO 7) Which step(s) should a buyer take to evaluate the seller’s proposal? 4. (TCO 5) Negotiations in a BPO agreement are largely determined by which
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