What about outsiders like the external auditors

Assignment Help Accounting Basics
Reference no: EM132280377

Question - Who is the person that makes the final decision to say move from Average cost inventory to LIFO? Is this the Controller or CFOs job or does the CEO / President have to step in? What about outsiders like the external auditors or shareholders?

Reference no: EM132280377

Questions Cloud

Do you think it is important that intent be a key factor : I do believe that genocide should involve the factor of intent. It is typical that criminals who have had a sense of intent for the crime.
Identify two different sources of health data : Identify two different sources of health data: one on the national level, and one on the local level (e.g., your local county office).
Perform a scholarly literature review : Service Operations and the processes contained in this ITIL book - Perform a scholarly literature review and find a case study that involves
What was the net delivered cost of your purchases : Purchase Returns and Allowances is a contra expense account under the category of cost of goods sold. What was the net delivered cost of your purchases
What about outsiders like the external auditors : Who is the person that makes the final decision to say move from Average cost inventory to LIFO? What about outsiders like external auditors or shareholders
Describe how you will apply that learning in your daily life : What are the pros and cons of the punishment model and the rehabilitation model in the correctional system? Should the correctional system focus solely.
Define mandatory minimum sentences : Referencing your text and resource materials, explain why we have mandatory minimum sentences and sentencing guidelines; what purpose do they serve?
What are the characteristics of a partnership : What are the characteristics of a partnership? Why are partnerships different than a limited liability company or an S corporation
Define effectiveness of rehabilitation of convicted offender : Write a 1,400- to 1,750-word paper that debates the effectiveness of punishment compared with the effectiveness of rehabilitation of convicted offenders.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd