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1. Examine the five (5) steps to managing accounts receivable. Speculate on the step that is most vulnerable to fraud. Suggest at least two (2) actions that a company can take in order to protect this step from fraud.
2. Imagine that your company has tasked you with developing a plan for factoring accounts receivables. Create one (1) scenario that demonstrates the key benefits and / or detriments to your company from factoring accounts receivable.
Determine the net income reported by Emerald Golf Inc. for the year ended December 31, 2008 - Emerald Golf Inc. reported a net cash flow from operating activities of $86,700 on its statement of cash flows for the year ended December 31, 2008.
Ariel, Inc., issued $30 million face amount of 9% bonds when market interest rates were 9.30% for bonds of similar risk and other characteristics. How much interest will be paid annually on these bonds?
albatross company bought a piece of machinery for 60000 on 1st january 2011 and has been depreciating the machine using
questionon 20th february 2012 hooke inc. purchased a machine for 1221600 for the purpose of leasing it. the machine is
What is common-size statements? What is ratio analysis - why do financial managers use this? Name one ration and explain what it measures and why it is important.
Alex Shore practiced accounting with a partnership for five years. Recently he opened his own accounting firm, which he operates as a professional corporation.
Identify and describe the five environmental differences between governments and for-profit business enterprises as identified in the Governmental Accounting Standards Boards “Why Governmental Accounting and Financial Reporting Is—and Should Be—Diffe..
Research, discuss, and explain five differences between GAAP (Generally Accepted Accounting Principles) and IFRS (International Accounting Standards Committee). Analyze the accounting implications with examples. Give proper references.
kevin pte ltd signs a 5-year non-cancellable lease for a piece of equipment with samuelcompany on 1 jan 2012. kevins
Compute cost of goods manufactured and cost of goods sold - Flow of costs through a manufacturers inventory account
Fargo Voice of Fargo, North Dakota, publishes a monthly magazine featuring local restaurant reviews and upcoming social, cultural, and sporting events.
What data may be considered as fraud risk factors
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