Accounting

Guidelines for Memos A list of resources for good business writing appears at the end of this document. It is strongly recommended that any serious business person consider owning writing…

econonmMicroeconomics Review Quiz Test 2 1. When is marginal utility equal to zero? A. When TU is zero. B. When MU is at its maximum. C. When TU is at…

ANSWERS 1 a) 1 b) 1 c) 1 d) 1 e) 1 f) This transaction has no effect on the balance sheet since this is only an order, no financial…

Title: Rules And Regulation In Public Sector Accounting. Date / Time: 07 October 2012 (Monday) / 4:00 Pm Location: Room Spk308, Othman Yeop Abdullah Building (School Of Accounting. ) Guest:…

Generally accepted accounting principles (GAAP), are standards and guidelines for financial accounting, and reporting, (Office of Financial Management, 2012). There are guidelines in effect for most organizations; GAAP ensures that…

WorldCom, once a thriving multi-million dollar business which became the second largest telecommunications company in the United States was forced to close their doors when discovered that unethical practices and…

Exam Chapters 3,4,7 Student: 1. Which of the following is the correct formula to compute the predetermined overhead rate? A. Estimated total units in the allocation base divided by estimated…

Accounting is founded on the basic equation that states a company’s Assets equal their total Liabilities plus their total Owner’s Equity . This equation is summarized as ALOE . This…

In an era in which all the majority of functions in a business are practically forcing to moving in technology it can’t be more exciting for a company to acquire…

Assets = Liabilities + Stockholder’s Equity is the basic accounting equation. Liabilities are a company’s legal debts or obligations that come from transactions or from business operations. Stockholder’s equity is…

NOT-FOR-PROFIT ORGANISATIONS 13 2 Not-for-profit organisations Key points ?? Many not-for-profit organisations (NFPs) feel they are poorly understood by government and the general public. Pressures to be more efficient have…

This text tries to examine the impact of risk estimation in the RADR on the estimates of project values using two methods which are the empirical survey literature and the…

Transaction, Operating, & Accounting (Translation) Exposures Foreign Exchange Exposure – measures the potential for a firm’s profitability, net cash flow, and market value to alter because of a change in…

Accounting Theory Construction The function to study accounting theories is to classify them according to the assumptions they rely on, how they were formulated, and their approaches to explaining and…

Question 1 (Total 10 Marks) Instructions: Indicate in which journal the transactions given below would be recorded by placing the appropriate journal abbreviation in the space provided. AbbreviationJournal GJGeneral Journal…

D2ACC100 FINANCIAL ACCOUNTING MID SEMESTER EXAM REVISION COMPILATION D2 ACC 100 D2 ACC 100 ACKNOWLEDGEMENT: * Extracted from Past Year Mid Term Exam Paper: D2ACC100 – SEM 1, 2006 –…

Understanding what is happening financially in the company insights provides the financial information system of accounting. One must have knowledge of numbers when working in accounting. The three basic activities…

Question 1: Comparative Analysis of Strategic Management Accounting In German- And English-Language General Management Accounting TextbooksThe reason why strategic management accounting is not integrated into the textbooks within a coherent,…

We know Accounting is the systematic recording of financial transactions and presentation of the related information of the appropriate persons. The basic features of accounting are as follows:1. Accounting is…

There have been several concepts learned and discussed that will be beneficial to persons holding positions in the accounting field. Some skills required to be successful are; differentiating between accrual-basis…