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Gulag industries made a number of changes to its accounting system in 2012, which resulted in significant changes to the way the company costs its products. The company adopted new techniques for quality control (including business process re-engineering) and new allocation methods for costing (including activity based costing). None of the changes the company made to its accounting system needed to be reported to external stakeholders.
a) What might have motivated gulag to change its accounting system?
tytus co. entered into the following transactions involving short-term liabilities in 2010 and 2011. 2010 apr. 20
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?
during the year belyk paving co. had sales of 2394000. cost of goods sold administrative and selling expenses and
Impact of Design of an Accounting Information System - Despite this fact, many of these firms rely on a single AIS. From the second e-Activity, for the business you researched, examine how its lines of business would affect the design of a new AIS.
Would the use of accelerated depreciation in the financial statements be more conservative or less conservative than the current practice of using the straight-line method? Explain.
section anbspuse your kills to analyze compare criticize evaluate and justify the answers in a process to solve the
olga is the proprietor of a small business. in 2012 the business income before consideration of any cost recovery or
national league gear has two classes of stock authorized 6 20 par preferred and 5 par value common. the following
aniston enterprises manufactures stylish hats for sophisticated women. all materials are introduced at the beginning of
Add the costs of the unfinished houses, and show that this total amount equals the ending balances in the Work in process inventory account.
livingstoncorporation recently implemented a standard cost system. the companys cost accountant has provided the
Work the previous problem when the demands are positively correlated, as they might be with products such as peanut butter and jelly. Now use r = 0.3, r = 0.5, and r = 0.7 in your simulations.
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