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What is the difference between cash and accrual accounting? Which basis of accounting do most companies use, cash or accrual? Why? Which method is approved by GAAP? Why? Which method does the IRS prefer? Is it legal for an organization to keep two sets of accounting records? Why or why not? Please make sure if part of this question is answered.
What is informed consent? Also want to know how to distinguish informed consent from consent to release information? Can I have an example of each to better understand as well?
Based on financial and opportunity costs, determine which of the following do you believe would be the wiser purchase?
Motor M draws in the cable with an acceleration of 4 ft/s^2, measured relative to the 200 lb mine car. Determine the acceleration of the car and the tension in the cable. avoid the mass of the pulleys.
Suppose you are designing a computer system and are considering a change to your original design. Estimate how much speedup would be gained from this change. You must.show your work.
Illustrate the price that consumers are willing and able to pay for this output is $40 per unit. Produces this output, the firm's average total cost is $43 per unit, and its average fixed cost is $8 per unit.
Determine the affordable monthly mortgage payment, the affordable mortgage amount, and affordable home buy price for the following situation;
Make a case for whether a computerized version of that assessment tool could be used in the scenario Case of mike (see attachment). What are the relevant ethical considerations?
Find out the distance between the point of firing and the point at which the 2.6-kg fragment strikes the ground.
Classroom sessions on "business basics," including organizational theory
Becky has 25/50/10 automobile insurance coverage. If two other people are awarded $35,000 each for injuries in an auto accident in which Becky was judged at fault.
Internal users of accounting information include: Of the following accounts, the one which normally has the credit balance is:
The transaction gain or loss to be recognized over the term of a forward exchange contract entered into to speculate in a foreign currency within a fiscal year is measured by the difference between the:
A preliminary analytical review of the company's most recent balance sheet and income statement
In generating theories of accounting based upon what accountants actually do, it is assumed (often implicitly) that what is done by the majority of accountants is the most appropriate practice.
For each of the following items, indicate whether it would be classified and reported under the operating activities (OA), investing activities (IA), or financing activities (FA) section of a statement of cash flows:
Describe how influential you believe the IASB is over FASB. Describe whether or not you support the U.S. adopting International Financial Reporting Standards for publicly traded companies.
Your roommate, Jill Blalock, purchased a new portable DVD player just before this school term for $80.
An auditor noted that client sales increased 10 percent for the year. At the same time, Cost of Goods Sold as a percentage of sales had decreased from 45 percent to 40 percent and year-end accounts receivable.
Presented below are 3 unrelated situations involving equity securities: What is the effect upon carrying value and earnings for each of the situations above?
Making decision for discontinue production of subassemblies and purchase from an outside supplier.
Describe different revenue recognition methods under GAAP and IFRS. Define ADR firms.
Evaluate the equivalent units of production for each cost element in the Creation Dep. for the month just ended. Find out the average cost per equivalent unit for each cost element.
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