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Susan works in a real estate office that is equipped with up-to-date copiers, scanners, and printers. She is frequently the only employee working in the office in the evenings and often has spare time to do personal work. She has begun to use the office equipment for her children's school reports and for her husband's business. Do you think Susan's use of the office equipment is harmless, or is she behaving unethically? Why? If you believe her behavior is unethical, what controls could be in place to prevent it? Have you ever used office resources for personal tasks? Under what conditions could such use of office resources be justified?
Assume the company's monthly target profit is $11,000. The unit sales to attain that target profit is closest to:
Simpson Auto Body Repair purchased $20,000 of Machinery. The company paid $8,000 in cash at the time of the purchase and signed a promissory note for the remainder to be paid in four monthly installments. How will this transaction affect the accou..
Exactly what forensic accountants are. People who work in this growing field investigate such white-collar crimes as business fraud, improper financial reporting, and illegal investment schemes.
Describe how these entries would be recorded in a computerized acconting system. Describe 1 ethical issue that could result from preperation of these manufacturing entries.
When comparing the percentage-of-completion and completed-contract methods of accounting for long-term construction contracts, both methods will report the same:
The February cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:
It was inherited by an individual who did not use the machine in business and was sold on November 22, 2009, for $53,000. Discuss the amount and nature of the gain or loss from disposition of the machine?
Discuss the relevance of budgeting as it relates to the accounting profession in general. Relate lessons learned from a self-selected reading or from something you learned while working on your accounting profession in general.
The kurten corporation is authorized to issue $500000 0f 8% bonds interest on the bond payable semiannually ;the bond are dated january 1,2010 and are due december 31,2015
During the year, purchases were $600,000 and sales were $1,000,000. December 31 inventoy at year-end prices was $126,500, and the price index was 110. What is Ely Company gross profit?
amr corporationnbspparent company ofnbspamerican airlines reported the following for 2009 in millions.service
how can a firms security policies contribute and relate to the six main business objectives and give
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