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of financial accounting is to provide relevant financial information to parties external to business enterprises True False 2 Accrual accounting attempts to measure revenues and expenses that occurred during accounting periods so they equal net operating cash flow True False 3 The FASB is currently the public sector organization responsible for setting accounting standards in the United States True False 4 The FASB s due process invites various interested parties to indicate their opinions about whether financial accounting standards should be changed True False 5 Accounting for stock based compensation is an area in which the FASB has received little
Uploaded by: NoteHero, Date: 10/16/2016, Keywords: accounting, test bank, quiz, solutions
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understanding one example of an expense to a business that you are cannot deduct is commuter costs Now this one is a little tricky because the way this expense works is if you commute to and from work it is not deductible On the other hand if your work had commuting a part of it such as driving to the customer sales insurance etc These types of commutes would be deductible because it is considered part of work itself This is also different because in NY they have passed a law in which you can deduct the cost for these
Uploaded by: NoteHero, Date: 12/5/2016, Keywords: economics, exam, test, finance, accounting
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McGraw Hill s Connect Ebook 9 9 09 7 02 PM Managerial Accounting EBook 13 e Content Chapter3 Systems Design Job Order Costing Exercises EXERCISE 3 Process Costing and Job Order Costing LO1 1 Which method of determining product costs job order costing or process costing would be more appropriate in each of the following situations a An Elmer s glue factory b A textbook publisher such as McGraw Hill c An Exxon oil refinery d A facility that makes Minute Maid frozen orange juice e A Scott paper mill f A custom home builder g A shop that customizes
Uploaded by: NoteHero, Date: 10/16/2016, Keywords: managerial accounting, accounting, quiz
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Return 10 S CorporationInstructions Please complete the required federal corporation income tax return forms for Modern Day Clothing Inc for the 2013 tax year based upon the facts presented below If required information is missing use reasonable assumptions to fill in the gaps Ignore any Alternative Minimum Tax AMT calculations or reporting Modern Day Clothing Inc MD is organized as a corporation in the state of North Carolina and is taxed as an S corporation with a calendar year end MD operates four small boutique clothing outlet stores family clothing stores in the cities of Charlotte Durham Raleigh and Winston
Uploaded by: NoteHero, Date: 12/5/2016, Keywords: accounting, finance, brooklyn college, swot, management, business
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hard drive installed in a computer direct materials cost 2 The cost of advertising in the Puget Sound Computer User newspaper selling cost 3 The wages of employees who assemble computers from components direct labor cost 4 Sales commissions paid to the company s salespeople selling cost 5 The wages of the assembly shop s supervisor manufacturing overhead cost 6 The wages of the company s accountant administrative cost 7 Depreciation on equipment used to test assembled computers before release to customers manufacturing overhead cost 8 Rent on the facility in the industrial park a combination of manufacturing overhead administrative
Uploaded by: NoteHero, Date: 10/16/2016, Keywords: accounting, test bank, quiz, solutions
ACCT 201B Homework (View: 3)
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1 award 1 point 1 Various activities at Companhia de Textils S A a manufacturing company located in Brazil are listed below The company makes a variety of products in its plant outside São Paulo Required Classify each of the activities as either a unit level batch level product level or facility level activity Activity Activity Classification a Preventive maintenance is performed on general purpose production equipment Click to select b Products are assembled by hand Click to select c A security guard patrols the company grounds after normal working hours Click to select d Purchase orders are issued for
Uploaded by: NoteHero, Date: 10/16/2016, Keywords: accounting, test bank, quiz, homework
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street What questions you can ask can mean the difference between getting the job or not Print this out revised to 10 15 questions and bring it with you remember you are interviewing them as well And don t forget to ASK FOR THE JOB Also ask Do you have any concerns about my ability to succeed within this position You can resell yourself and address any concerns before you leave What do you see ahead for your company in the next five years How do you see the future for this industry What do you consider to be your
Uploaded by: NoteHero, Date: 10/12/2016, Keywords: Interview, questions, jobs, interview questions
Economics HW (View: 2)
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Question No 1In any country monetary policy uses as an instrument to influence the money supply to control the inflation within the country The federal open market buys and sells the security of government to control the money supply The main instrument of open market operation is Treasury bill notes and bonds In November government has brought huge amounts of T bills that mean the funds that the public or private banks acquire from the massive amount of sale of T bills to the Federal which can be used for providing loan to the individual or businessman That means when
Uploaded by: NoteHero, Date: 12/5/2016, Keywords: economics, exam, test, finance, accounting
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important with virtual teams TRUE Difficulty Easy TLO 1 Taxonomy Knowledge 2 One way that project management differs from management of more traditional activities is because of the limited life time of projects TRUE Difficulty Easy TLO 1 Taxonomy Knowledge 3 Once a project is approved and underway project managers are only responsible for effectively managing time and costs which if done well will assure project completion on time and on budget FALSE Difficulty Easy TLO 1 Taxonomy Knowledge 17 1 Chapter 17 Project Management 4 Matrix organizations transfer control of workers to project managers for the duration of the
Uploaded by: NoteHero, Date: 10/16/2016, Keywords: project management, accounting
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the company make sure you have 5 10 questions ready to ask as well written down in a notebook you bring with you NEVER ever ever ever ever badmouth a former employee If you left on bad terms use company downsizing relocation or a new opportunity as the reason Dress professionally Wear a suit PERIOD Make frequent eye contact and try to compliment the company often everyone loves a compliment Answer questions directly You will be asked SPECIFIC questions give a SPECIFIC answer One of the main reasons I do not move forward with candidates is their inability to answer
Uploaded by: NoteHero, Date: 12/5/2016, Keywords: economics, exam, test, finance, accounting
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