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1. What restriction on federal employees are contained in the the Antideficiency Act? Give an example of each.
2. The Government Performance Results Act addresses performance plans and reports. What must be included in these plans and reports?
3. Discuss why Best Practices Federal Financial Statement Preparation includes discussions of lessons learned.
4. Referencing the FASAB, The Department of State and USAID released a Joint Summary of Performance and Financial Information for FY 2011. The Summary describes the performance and accomplishments achieved by State and USAID toward the highest U.S. diplomatic and development objectives. The Summary provides information on both agencies' financial and performance results with the goal of promoting greater accountability and transparency to Congress, the American public, and other key constituents. What date was this report released?
The Motor Vehicle Repair Fund ordered supplies at an predictable cost of $92,000 and the supplies ordered in (1) were received at invoice costs of $91,400; these invoices were approved for payment.
Determine the payout ratio and the return on common stock equity.
Prepare the entry record any adjustments required due to the income tax rate increase.
List and explain three ways a firm can determine long-run prices - explain when each method would be most suitable and the strengths and weaknesses of each method.
Create journal entries to record the above transactions and events of Kash Company.
Prepare the journal entries to record the bond issue and interest expense.
Compute the overhead rates using the activity-based costing approach and determine the difference in allocation between the two approaches.
Develop a template of costs. You should separate expenses into variable and fixed expenses. The SMH data file contains a template to provide some guidance and calculate the breakeven point in patient days.
She takes additional first year depreciation. Evaluate the cost recovery deduction with respect to the asset for 2013.
Compute the amount of gross profit from the sales in July and prepare journal entries to record the following July transactions and events.
Determine the provided expressions using the a, b, and c from your birth date.
What can be the effect of the price increase on the firm's FCF for the year?
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