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Speaker notes
For your next orientation meeting with your new hire, and to be helpful when other new accountants are hired, prepare a PowerPoint presentation of 5-10 slides with speaker notes that includes the following:
Describe and explain at least 3 differences in for-profit entities and governmental agencies that cause them to have different required accounting procedures; include an example of each.
At least 1 slide should explain which regulating authority oversees the accounting rules for governmental vs. for-profit entities. Include an example and brief explanation, in your own words, of the most recent new guideline established by the agency overseeing government accounting. Access the following Web site: www.gasb.org/st/stpg.html.
At least 1 slide should explain at least 2 differences between governmental entities and nonprofit, nongovernmental agencies, including an example of each difference.
Mr. Carter is manager of Simmons Farm and Seed Company, a wholesaler of fertilizer, seed, and other farm supplies. The company has been successful in current years primarily because of great customer service, flexible credit terms, customized orde..
Donut Ville caters to its retirement populations by selling over 10,000 each week. To produce that many donuts weekly, Donut Ville uses 1,000 pounds of flour, which must be delivered by 5:00 am by every Friday morning. How should the manager of Do..
Use as many examples as you can to show the logic which underpinned your decisions. Be sure you analyze, discuss and detail to explain both the “Why” and the “How”. Data should be used to back up your statements wherever necessary, e.g. market share..
Define opportunity cost and explain why it an important factor to consider in financial analysis. Cite an example in which it is not possible to measure exactly the opportunity cost of an alternative. Is it possible to measure exactly the opportun..
portraits unlimited company budgeting projectkarl richards president of portraits unlimited company was just concluding
What is the appropriate cost driver for allocating overhead to pizzas in Year 1? Using normal costing, compute the cost of each of the 336,033 meat pizzas produced in year 1. Was overhead over-or under applied during the year? By how much? Why do yo..
seek out a conversation with a friend relative classmate co-worker or instructor. attempt to engage them in a
What is the margin related to this years investment opportunity, and what is the turn over related to this year's investment opportunity and what is the ROI related to year's investment opportunity
Sales in the first quarter of 2015 are expected to be 25% higher than sales in the same quarter in 2014 and prepare quarterly production budgets for each quarter and in total for 2014.
Assume that the company evaluates performances using residual income and that the minimum required rate of return for any division is 15%. Compute the residual income for each division.
Describe customer perceived value, total customer benefit, and total customer cost. How do the total customer benefit and the total customer cost affect the consumer's perception? Explain.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
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