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How important do you think internal verification is?Also, how effective do you think the "2-man rule" is especially when dealing with banks? We see it everyday across the country where banks are constantly robbed. Since taking this class, it does make me wonder what type of controls do the smaller banks have in place. Do you think that smaller banks are limited in the amount of control in reference to cash? They would have a smaller number of employees of course, but do you think that they have the same controls in place that the larger banks do?
complete the following two questions. submit journal entries in an excel file and written segments in an ms word
Shaun's policy is to declare and pay a $1 per share cash dividend every April 1 and October 1. Shaun's income , earned evenly throughout each year, was $598,000 in 2013, $639,000 in 2014, and $692,400 in 2015.
Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor hours. At the beginning of the year it estimated that its total manufacturing overhead would be $541,000 and the total direct labor would be 33,000 hours..
hazelnut company earned net income of 95000 during the year ended december 31 2012. on december 15 hazelnut declared
Donated equipment for which the fair value has been determined should be recorded as a debit to the appropriate equipment account and a credit to:
Compute the total amount of goodwill of International Co. based on the price paid by Melissa Co. Prepare all journal entries in Melissa's accounting records relating to the investment for year ended December 31 under the cost method of accounting, ..
jupiter explorers has 8800 in sales. the profit margin is 4 percent. there are 5300 shares of stock outstanding. the
In the current month, the company incurred $305,000 actual overhead and 22,000 actual labor hours while producing 35,000 units. Compute the (1) total overhead variance, (2) overhead volume variance, and (3) overhead controllable variance.
selected information from the separate and consolidated balance sheets and income statements of palo alto inc. and its
lasting impressions company lasting impressions li company is a medium-sized commercial printer of promotional
At the market close on February 19, 2010, McDonald's Corporation had a closing stock price of $64.74. In addition, McDonald's Corporation had a dividend per share of $2.05 over the previous year.
palmer corporation issued and has outstanding 20000 shares of 10 par-value common stock and 1000 shares of 60 par-value
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