Solution sto Chapter 2 Problems Accounting Judgements Questions 1. Accounting principles include: (a) Underlying assumptions – basic underlying assumptions that make accounting possible. (b) Qualitative criteria – standards to judge policy choices in conjunction with reporting objectives. (c) Measurement methods – ways to measure results and financial position. 2. The importance of establishing a document such as the IASB’s Framework is that this material helps standard setters when
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EMSE 269 - Elements of Problem Solving and Decision Making EXTRA PROBLEM 6: SOLVING DECISION TREES Read the following decision problem and answer the questions below. A manufacturer produces items that have a probability p of being defective. These items are formed into batches of 150. Past experience indicates that some (batches) are of good quality (i.e. p=0.05) and others are of bad quality (i.e. p=0.25). Furthermore‚ 80% of the batches produced are of good quality and 20% of the batches are
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For my response‚ I chose the article “Woman: The Tool Maker”‚ written by Steven A. Brandt and Kathryn Weedman. The article is about an ethnic group in Ethiopia called the Konso- but more specifically it is about an elderly woman named Sokate. The article focuses on Sokate‚ an energetic 70 year-old Konso woman who is a hide worker‚ which is what most people consider to be a “man’s job”. As stated‚ Sokate is part of an Ethiopian ethnic group called the Konso. The Konso group grow several crops on
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UNIT 1 ASSIGNMENT PREPARED FOR PREPARED BY COURSE: GB 540 ECONOMIC FOR GLOBAL DECISION MAKERS DATE: MAY 01‚ 2012 Answer#1 Production Possibilities of T-shirts and Knitting machines ............................... Production Alternative.. Type of Product A B C D E ....................................................................... T-shirts 0 1 2 3 4
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of this problem is to found the price charged by Peter. Firstly‚ the below table illustrate all P‚ TR‚ TC‚ MR and MC when there is different Number of member served (Q). No. of member served (Q) Price per member(P) Total revenue (TR) Total cost (TC) Profit Marginal revenue (MR) Marginal cost (MC) 1 400 400 190 210 400 190 2 380 760 380 380 360 190 3 360 1080 570 510 320 190 4 340 1360 760 600 280 190 5 320 1600 950 650 240 190 6 300 1800
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SOLUTIONS FOR MULTIPLE‑CHOICE QUESTIONS 6.24 a. Correct Risk is high when the company always estimates the inventory but never takes a complete physical count. b. Incorrect Risk is low when the petty cash box is always locked in the desk of the custodian. c. Incorrect Risk is low when management has published a company code of ethics and sends frequent communication newsletters about it. d. Incorrect Risk is low when the board of directors reviews and approves all investment transactions. 6.25
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Economic Problems of the 1920’s Student’s Name: Institutional affiliation: Economic Problems of the 1920’s The 1920’s represented a time of major economic changes‚ improvements‚ adjustments‚ alterations and reforms in everything all over the world. The decade roared in some selected areas but was a big disappointment for others. The periodic time of the 1920’s earned it its name the “roaring twenties” because the decade sustained prosperity‚ there were lively cultures and technology
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2010 The Evolution of Sanitation: How 19th Century Decision Makers Influenced Today’s Innovation By: Ryan Parkinson I. Introduction By the late 1800’s‚ the method of sewage treatment became a heated issue of debate among members of political parties. At the time‚ the belief was that poor health was a matter of fate. Health promoters‚ however‚ argued that‚ “disease arose from correctable environmental causes.”[i] Until the mid 1800’s‚ disposal of biological waste was unsanitary and left
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CHAPTER 6 MASTER BUDGET AND RESPONSIBILITY ACCOUNTING 6-16 (15 min.) Sales budget‚ service setting. In 2014‚ Rouse & Sons‚ a small environmental-testing firm‚ performed 12‚200 radon tests for $290 each and 16‚400 lead tests for $240 each. Because newer homes are being built with leadfree pipes‚ lead-testing volume is expected to decrease by 10% next year. However‚ awareness of radon-related health hazards is expected to result in a 6% increase in radon-test volume each year in the near future.
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Ammonium sulphate (NH4)2SO4. FW = 132.14‚ Eq. = 66g/l. 250ml 0.05M = 1.325g = 0.1N | Adipic acid HO2C(CH2)4CO2H‚ FW = 146.4‚ Eq. = 73.03g/l 250ml 0.05M = 1.83g = 0.1N | Barium hydroxide Ba(OH)2.8H2O‚ FW = 315.48‚ Eq. = 157.5g/l 250ml 0.05M = 3.94g = 0.1N | Benzoic acid C6H5COOH‚ FW = 122.12‚ Eq. = 61g/l 250ml 0.05M = 1.52g = 0.1N | Calcium carbonate CaCO3‚ FW = 100.00‚ Eq. = 50g/l 250ml 0.05M = 1.25g = 0.1N | Furroic acid FW = 112.08‚ Eq. = 112g/l 250ml 0.1M = 2.8g = 0.1N |
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