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Discussion:
Discuss how you arrived at this dollar amount for the preliminary judgment about materiality. That is, how did you combine the qualitative and quantitative considerations to arrive at this dollar amount?
Based on three important bases: income before tax, assets and stockholders' equity. Because when looking at the financial statements, there are a lot of inappropriate increase (such as inventory store 3 or sales in store 3).
This discussion does not clearly explain how qualitative and quantitative considerations were combine to determine a level of materiality.
What is your opinion of federal and state taxation of internet transactions, or even the taxation of internet usage. Good idea? Bad idea?
With all the information you are learning about human sexuality, and making relationships work, what information has been most useful?
Working Capital is funds available to run the day-to-day operations, what ratios would be appropriate for ensuring management is aware of the business funding?
After all, a company that plans to do business in other countries expects to reap the rewards in the form of profit. What do you think of that proposition?
Why do you suppose the spammers continue to send spam and risk paying huge fines if caught?
Why is Feature Driven Development the best software for large project and can other software be just as good for large projects?
What are some of the areas of a client's life that might help a counselor develop/identify patterns of mental illness in a case conceptualization?
The MEP (mechanical, electrical and plumbing) trades are very rarely taken off and estimated in detail by general contractors. Is it worth the cost?
Crane Company has completed all of its operating budgets. The sales budget for the year shows 50,160 units and total sales of $2,228,200.
How do patterns of mental illness differ according to population? Name examples where one psychological symptom could be interpreted in two different ways.
Understanding organizational behavior has never been more important for managers. Because of the dramatic changes now taking place in organizations
Explain how activity-based costing is different from job costing. Give examples of each costing approach and how they can be applied to different industries.
Post the transactions to T-accounts and determine the cost of goods sold for the period.
By the time the order is placed, the price has risen to $2.20. Which department should be assigned the additional charges incurred? Why?
What is the IRR. What is the Payback in years. What is the Profitability Index
Capital balances in Midway Co. are Mirko $40,000, Neil $30,000, and Grillini $18,000. Mirko and Neil each agree to pay Grillini $12,000 from their personal assets. Mirko and Neil each receive 50% of Grillini's equity. The partners share income equ..
A bond with an annual coupon payment of $100 originally sold at par for $1,000. Market interest rates are currently 12%. This bond would be selling at a in order to compensate the purchaser for the below market coupon rate.
Explain the basic features of a standard cost accounting system. What type of balance will exist in the variance account when (1) the materials price variance is unfavorable and (2) the labor quantity variance is favorable?
If the company decides to process hammers beyond the spilt-off point, would the operating income increase or decrease and by how much
The chapter identified five financial management titles with responsibilities
(Individual or component costs of capital) Compute the cost of the following: A bond that has $ 1,000 par value (face value) and a contract or coupon interest rate of 11 percent. A new issue would have a flotation cost of 5 percent of the $ 1..
Explain how activity-based costing is different from job costing. Give examples of each costing approach and how they can be applied to different industries. 3-4 paragraphs needed
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