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DQ 1: Accounting Methods
Analyze the risks to merchandising that a business may experience and how they might be minimized. Determine if automation of accounting has had a positive or negative impact on business, in general, and how you arrived at that conclusion.
Create a corporate policy designed to minimize inventory shrinkage related to theft, stocking errors, shipping errors, etc., indicating how the policy will be enforced and procedures that may need to be implemented
DQ 2: Inventories:
Imagine you are accountable for a franchise fast-food restaurant. Evaluate the best method of inventory costing and make a recommendation to the company's leaders about why it is best suited for your franchise fast-food restaurant to reduce the possibility of employee theft of product or other shrinkage concerns.
Inventory control requires constant attention. Propose a set of guidelines that reflect the necessary monitoring controls for three distinct types of business (e.g., a shoe retailer, a physician's office, and a food vending truck) to minimize loss and waste. Indicate how each control will minimize risk of inventory loss
review the text and visit the institute of management accountants ima web site to learn about the cma certification.
What are the major ethical issues in this case? What laws, if any, are applicable to the decision?
Inline Incorporated manufactures skates and equipment for in-line skating. The company offers a one-year warranty on all products. During 2012, the company recorded net sales of $3,887.4 million. Historically, about 2% of all sales are returned under..
Prepare a tabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding shares, and book value per share. Use the following column headings: Before Action, After Stock Dividend, and After Stock Sp..
chuck brown will receive from his investment cash flows of 3135 3450 and 3810 at the end of years 1 2 and 3
Provision for depriciation in the trial balance is for the current year or it is of previous year? Do we need to deduct it from this year's balance sheet.
a. What are the amount and character of the gain, loss or income Bill must recognize as a result of Parent's distributing the Subsidiary stock?
the charter of a corporation provides for the issuance of 100000 shares of common stock. assume that 45000 shares were
Discuss the costs and benefits of the ethical environment. If a poor ethical environment results in costs to an organization, what are they? Conversely, what are the benefits of a good ethical environment?
snipe company has been purchasing a component part q for 19.20 a unit. snipe is currently operating at 70 of capacity
If Primrose could lower its inventories and receivables by 10 percent each and increase its payables by 10 percent, all without affecting either sales or cost of goods sold, what would the new CCC be, how much cash would be freed up, and how would..
Assume Nile.com began April with 14 units of inventory that cost a total of $266. During April, Nile purchased and sold goods as - Under the FIFO inventory method, how much is Niles cost of goods sold for the sale on April 14?
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