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Find a business related example of a potentially unethical accounting situation on the internet. Summarize the situation. Why is the situation unethical? How do ethics affect a company's financial results? Do you think the Sarbanes-Oxley Act has made a difference in the ethical behavior of companies regarding their financial accounting? Why or why not? Include the link to your source at the bottom of your response
Eric is a collector of antique automobiles andoccasionally sells one to get funds to buy another. What are theamount and nature of the gain or loss from each of these transactions?
What is data redundancy? We know that the normalization breaks up large tables into smaller more manageable tables.
Donald Corporation owns machinery with a book value of $670,000. It is estimated that the machinery will generate future cash flows of $560,000.
On May 1, 2010, Stanton Company purchased $50,000 of Harris Company's 12% bonds at 100 plus accrued interest of $2,000. On June 30, 2010, Stanton received its first semiannual interest. On February 1, 2011, Stanton sold $40,000 of the bonds at 103..
Describe two ways that the auditors obtain evidence that there are no significant amounts of unrecorded retirements of property.
Demostrate the entry in the Investment Trust Fund to summarize the collection of interest for six-month period.
what is the difference between a joint venture and a strategic alliance quite a bit both financially and
For each of the situations, discuss the following and provide support for your conclusions: The type of accounting change. The manner of reporting the change under current generally accepted accounting principle. Where applicable, discuss how amounts..
write a two-page action plan discussing how you would obtain an understanding of key business processes of a company
On January 1, 2011, Tonge Industries had outstanding 450,000 common shares (par $1) that originally sold for $20 per share, and 4,000 shares of 10% cumulative preferred stock (par $100), convertible into 40,000 common shares.
There was no inventoryat the beginning of the year. What is the value of ending inventory, assuming the use of direct costing?
access the internet to acquire a copy of the most recent annual report for the publicly traded company used to complete
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